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345 Pearl Street, Reading MA 01867

Reading, MA 01867
$1,140,000
Est. $5,964/month
4
Beds
3.5
Baths
3,600
Sq Ft
$317
Price/Sq Ft
0.51
Acres
2018
Year Built
219
Days on Market
Closed Listed Oct 5, 2018 • MLS# 72406648 Copied!

About this home

WELCOME HOME to this Exquisite, NEW, CUSTOM BUILT COLONIAL featuring 3600 SF, an amazing floor plan-10 rooms, 4 bedrooms, 3.5 baths & hardwood floors throughout, Enjoy your level 1/2 acre lot from an 18x18 composite deck. Live in luxury with a 1st floor open floor plan complete with an over sized gourmet kitchen;12 ft island with breakfast bar & vegetable sink, quartz counters, tile back splash & premium JENN AIR PRO STYLE appliances , 1st floor office, and family room with a coffered ceiling & gas fireplace. Beautiful Master Bedroom with Master bath with soaking tub and glass face shower ensuite. 3 additional large bedrooms complete the second floor. The 3rd floor is completely finished & includes another Full tiled bath. Check out the large unfinished, walk out basement too. Note that the exterior has Hardie Plank siding too. 800+SF Walkout Basement can be easily finished. Lawn, shrubs and sprinkler system will be installed this month.

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Public Records

Current Owner

Owner WELLMAN PARRIS S
Mailing Address 345 PEARL STREET, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style COLONIAL

Tax Information

Assessed Value $1,500,500
Tax Rate $12.38 per $1,000
Base Tax $18,576
CPA Surcharge 1.5% ($260)
Estimated Annual Tax $18,836

Assessment History

Year Land Building Total Change
FY2026 $538,300 $962,200 $1,500,500

Sale History

Date Price Book/Page
Jun 7, 2019 $1,140,000 72730/137

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (89.7% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2018
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,600 sq ft
Total Rooms
10

Sale Statistics

Sale Overview
Original List Price: $1,200,000
Final Sale Price: $1,140,000
Difference: $60,000 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
219
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $333
Sale $/sq ft: $317
This property sold for $317 per square foot
Sale Summary

This property sold for 5.0% below the original asking price.

At 219 days on market, this property took longer than average to sell.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2018
Living Area 3,600 sq ft
Lot Size 0.51 acres
Bedrooms 4
Full Baths 3
Half Baths 1
Total Rooms 10

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/ceramic Tile
Appliances Gas Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Fireplaces 1
Basement Full, Walk-out Access
Laundry Flooring - Hardwood, Second Floor, Washer Hookup
Features Bathroom - 3/4, Bathroom - With Shower Stall, Recessed Lighting, Closet/cabinets - Custom Built, Bathroom, Office, Bonus Room, Mud Room, Walk-up Attic

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch, Deck, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Paved Drive, Off Street
Total Spaces 8

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Oven, Washer Hookup

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Gas Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Bathroom - 3/4, Bathroom - With Shower Stall, Recessed Lighting, Closet/Cabinets - Custom Built, Bathroom, Office, Bonus Room, Mud Room, Walk-up Attic
Windows:
Basement: Full, Walk-Out Access
Laundry: Flooring - Hardwood, Second Floor, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 2018
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck, Sprinkler System
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features:
Road Frontage: 100.00 ft
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Private School, Public School

Location

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Neighborhood

345 Pearl Street, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

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
J. Warren Killam Elementary School
0.6 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
RISE PreSchool
0.6 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.7 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
B+
Wood End Elementary School
1.0 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
A
Alice M Barrows School
1.9 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
2.0 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
M

Middle Schools

2 schools
A
Arthur W Coolidge Middle School
0.5 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
A
Walter S Parker Middle School
1.5 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
H

High Schools

2 schools
Austin Prep School
1.5 mi
Grades 06-12
A
Reading Memorial High School
0.6 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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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

62.4%
Price Range
230
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jun 7, 2019
$1,140,000
Property sold
Days on Market: 230
🏠
Listed for Sale
Oct 5, 2018
$1,200,000
Original listing
Agent: John E. Magazzu Office: RE/MAX Renaissance Inc.
Previous Transaction - MLS #72283944
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 3, 2018
$451,000
MLS #72283944

Price & Status History

Date Event Price Change
Oct 5, 2018 New Listing Added $1,200,000
Apr 3, 2018 Sold $451,000

Market Statistics

Days on Market
219 days
Price per Sq Ft
$317

Tax History

Year Taxes Assessment
2019 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2019
Assessed Value
$0

Listing Information

Listing Agent John E. Magazzu
Listing Office RE/MAX Renaissance Inc.
Agent MLS ID B8000399
Office MLS ID AN2612
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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Market Analytics for Reading, MA

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