5 Washington St. # B5, Reading MA 01867

Reading, MA 01867
$190,000
1
Beds
1
Baths
670
Sq Ft
$284
Price/Sq Ft
1971
Year Built
1
Parking
21
Days on Market
Sold Listed May 17, 2017 • MLS# 72165783 Copied! • Updated Jul 21, 2017

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Sale Statistics

Sale Overview
Original List Price: $195,000
Final Sale Price: $190,000
Difference: $5,000 (-2.6%)
Performance Metrics
97.4%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $291
Sale $/sq ft: $284
This property sold for $284 per square foot
Sale Summary

This property sold for 2.6% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$284/sq ft
Area Median
$467/sq ft
Difference
39.2%

This property sold below the area median, potentially representing good value for the buyer.

About this home

GREAT COMMUTER LOCATION... This cozy 1 bedroom condo is just a short walk to downtown Reading with shops, restaurants and the train station. This unit has a balcony off the living room, an over-sized bedroom with an equally over-sized walk-in closet. Recent update includes new hardwood floor, freshly painted throughout. Complex is equipped with laundry, elevator and best of all, an in-ground swimming pool. Condo fee includes heat, hot water. Sold "As Is".

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Recently Sold Nearby

Property History

Market Insights

31.3%
Price Range
22
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jul 20, 2017
$190,000
Property sold
Days on Market: 22
🏠
Listed for Sale
May 17, 2017
$195,000
Original listing
Office: Keller Williams Realty Boston-Metro | Back Bay
Previous Transaction - MLS #71513640
Full transaction history available when tracking began
🏷️
Previously Sold
May 22, 2013
$134,000
MLS #71513640

Tax History

Year Taxes Assessment
2017 $2,201 $156,900

Financial Details

Annual Property Tax
$2,201
Tax Year 2017
HOA Fee
$317
Monthly
Assessed Value
$156,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 670 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring Vinyl, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None
Features Off Street, Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $2,201
Assessed Value $156,900

HOA & Community

HOA Fee $317 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 22
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building B5
Sq Ft Source Field Card
Documents Master Deed, Rules & Regs, Master Plan, Management Association Bylaws, Association Financial Statements (5)
County Middlesex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1971
Bedrooms
1
Full Bathrooms
1
Living Area
670 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Vinyl, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned
School District
Reading School District local
A
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

6 schools
A
Joshua Eaton School
0.6 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
0.7 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
0.9 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.1 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
1.7 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
2.1 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.2 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
1.1 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
1.0 mi
Grades 06-12
A
Reading Memorial High School
0.9 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

5 Washington St. # B5, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Keller Williams Realty Boston-Metro | Back Bay
Office Phone 617-542-0012
Agent MLS ID CT008265
Office MLS ID BB5522
Listing Data Updated Jul 21, 2017 3:00 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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