4 Palmer Hill Avenue, Reading MA 01867

Reading, MA 01867
$395,000
3
Beds
1
Baths
1,265
Sq Ft
$312
Price/Sq Ft
0.21
Acres
1921
Year Built
2
Parking
7
Days on Market
Sold Listed Sep 22, 2017 • MLS# 72232787 Copied! • Updated Nov 22, 2017

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Sale Statistics

Sale Overview
Original List Price: $419,000
Final Sale Price: $395,000
Difference: $24,000 (-5.7%)
Performance Metrics
94.3%
List to Sale Ratio
Sold below asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $331
Sale $/sq ft: $312
This property sold for $312 per square foot
Sale Summary

This property sold for 5.7% below the original asking price.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$312/sq ft
Area Median
$583/sq ft
Difference
46.5%

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

About this home

Close to both the commuter rail and bus, Reading town center, library and schools. This 7 room, 3 bedroom Cape situated in a desirable neighborhood offers on the main floor a large living room, family room, lovely dining room with a built in china cabinet, eat in kitchen and a first floor laundry or pantry. The second level has 3 bedrooms and a bathroom. A large corner lot and two driveways are some additional features. This charming home needs some updates, great opportunity to potentially add value and build equity.

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Recently Sold Nearby

Property History

Market Insights

35.2%
Price Range
8
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72314831
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 13, 2018
$610,000
MLS #72314831
Sold
Nov 17, 2017
$395,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Sep 22, 2017
$419,000
Original listing
Agent: Sumi Sinnatamby Office: Century 21 Commonwealth

Tax History

Year Taxes Assessment
2017 $6,088 $433,900

Financial Details

Annual Property Tax
$6,088
Tax Year 2017
Assessed Value
$433,900

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1921
Living Area 1,265 sq ft
Lot Size 0.21 acres
Bedrooms 3
Full Baths 1
Total Rooms 7

Interior

Heating Oil
Cooling None
Flooring Vinyl, Carpet, Hardwood
Appliances Range
Fireplace None
Basement Full
Laundry First Floor
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $6,088
Assessed Value $433,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 8 days

Property Overview

Property Type
Single Family Residence
Listing Type
Sold
Year Built
1921
Bedrooms
3
Full Bathrooms
1
Living Area
1,265 sq ft
Total Rooms
7

Floor Layout

Interior Features

Flooring: Vinyl, Carpet, Hardwood
Appliances: Range
Interior Features:
Windows:
Basement: Full
Laundry: First Floor
Security:

Construction & Materials

Style: Cape
Year Built: 1921
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
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

3 schools
A
Alice M Barrows School
0.1 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
A
Joshua Eaton School
0.9 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
RISE PreSchool
1.1 mi
116 students Moderate
Grades PK
M

Middle Schools

3 schools
A
Walter S Parker Middle School
0.4 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
1.3 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
B
John F Kennedy Middle School
2.5 mi | #176 of 352 | Score: 42.4
Improved 42 spots from last year
-15.8 below state avg
521 students Diverse
Rising School
Grades 06-08
H

High Schools

3 schools
Austin Prep School
0.6 mi
Grades 06-12
A
Reading Memorial High School
1.1 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
Nazareth Academy
2.7 mi
Grades 09-12
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Location

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Neighborhood

4 Palmer Hill Avenue, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Sumi Sinnatamby
Listing Office Century 21 Commonwealth
Office Phone 781-729-7777
Agent MLS ID B0661874
Office MLS ID BB6003
Listing Data Updated Nov 22, 2017 10:00 AM EST
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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