482 Franklin Street, Reading MA 01867

Reading, MA 01867 • a/k/a Franklin Terrace

$500,000

3

Beds

1.5

Baths

1,400

Sq Ft

$357

Price/Sq Ft

0.59

Acres

1845

Year Built

1

Garage Space

Single Family Residence

Type

24

Days on Market

Sold Listed May 7, 2019 • MLS# 72495530 Copied! • Updated Jul 21, 2019

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Sale Statistics

Sale Overview

Original List Price: $515,000

                            Final Sale Price:
                            $500,000
                        

Difference: $15,000 (-2.9%)

Performance Metrics

97.1%

List to Sale Ratio

Sold below asking price

24

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $368

                            Sale $/sq ft:
                            $357
                        

This property sold for $357 per square foot

Sale Summary

This property sold for 2.9% below the original asking price.

With only 24 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property

$357/sq ft

Area Median

$404/sq ft

Difference

11.5%

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

About this home

**HOME IS ACTUALLY ON FRANKLIN TERRACE: A QUIET CUL DE SAC** Simply charming! A unique home loaded w/character, history, & personality, set on over 1/2 an acre w/endless expansion possibilities. Function fills this 8 rm antique Colonial in many ways w/private office space, renovated ½ bath, & not 1, but 2 living rooms. Family room w/exposed beams, features large closet & new flooring, while cozy front living room open to dining area offers fireplace & freshly refinished HDW floors. Newly refreshed EIK kitchen w/vaulted ceiling & loads of natural light from well-positioned windows features Corian counters, ample cabinets, & cozy breakfast nook. Head upstairs to find 2 beds, full bath, & private guest or teen suite in converted walk up attic w/built ins & HDW floors. Also note, full basement w/ample storage, quiet neighborhood setting w/in walking distance to town forest & just minutes from 93. Affordable, functional, & simply lovable! Come see for yourself why this home is so special.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

45.2%

Price Range

27

Total Days on Market

2

Previous Sales

Property Timeline

Previous Transaction - MLS #72789922

Full transaction history available when tracking began

🏷️

Previously Sold

Apr 8, 2021

$625,000

MLS #72789922

View Listing →

✓

Sold

Jul 19, 2019

$500,000

Property sold

Days on Market: 27

🏠

Listed for Sale

May 8, 2019

$499,999

Original listing

Agent: Susan Gormady Office: Classified Realty Group

Previous Transaction - MLS #71543835

Full transaction history available when tracking began

🏷️

Previously Sold

Sep 27, 2013

$342,360

MLS #71543835

View Listing →

Date	Event	Price	Change	$/sqft	Details
04/08/2021	🏷️ Previously Sold	$625,000	-	-	MLS #72789922
07/19/2019	✓ Sold	$500,000	-	-	Property sold
05/08/2019	🏠 Listed for Sale	$499,999	-	-	Original listing
09/27/2013	🏷️ Previously Sold	$342,360	-	-	MLS #71543835

Tax History

Year	Taxes	Assessment
2019	$7,032	$494,200

Financial Details

Annual Property Tax

$7,032

Tax Year 2019

Assessed Value

$494,200

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Single Family Residence

Year Built 1845

Living Area 1,400 sq ft

Lot Size 0.59 acres

Bedrooms 3

Full Baths 1

Half Baths 1

Total Rooms 8

Interior

Heating Electric Baseboard, Hot Water, Steam, Oil, Electric

Cooling None

Flooring Vinyl, Laminate, Hardwood, Flooring - Hardwood

Appliances Dishwasher, Disposal, Refrigerator

Fireplace Living Room

Fireplaces 1

Basement Full

Laundry In Basement, Electric Dryer Hookup

Features Cathedral Ceiling(s), Office, Internet Available - Unknown

Exterior

Construction Frame, Post & Beam

Architecture Colonial

Roof Shingle

Features Porch

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Garage Spaces 1

Has Garage Yes

Features Detached, Garage Door Opener, Workshop In Garage, Paved Drive, Off Street, On Street, Paved

Total Spaces 3

Utilities

Electric Circuit Breakers, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer

Financial

Annual Tax $7,032

Assessed Value $494,200

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Actual Bed Count Is 3. Assessors Card Updated In Town Hall. Roof 2010. Boiler 2012. 200 Amp Electric 2014. Porch And Attic Conversion 2015. Exterior Paint April 2019, See List For Many More Updates. Windows Are Older, Some Replacement. Buyer To Verify School Placement And Sqft.

Additional Details

Possession None

Accepted Financing Contract

Structure Type []

House Color Red

Sq Ft Source Other

Documents None

County Middlesex

Total market time (incl. prior listings) 27 days

Property Overview

Property Type

Single Family Residence

Listing Type

Sold

Year Built

1845

Bedrooms

3

Full Bathrooms

1

Half Bathrooms

1

Living Area

1,400 sq ft

Total Rooms

8

Floor Layout

Interior Features

Flooring: Vinyl, Laminate, Hardwood, Flooring - Hardwood

Appliances: Dishwasher, Disposal, Refrigerator

Interior Features: Cathedral Ceiling(s), Office, Internet Available - Unknown

Windows: Skylight(s)

Basement: Full

Laundry: In Basement, Electric Dryer Hookup

Security:

Construction & Materials

Style: Colonial

Year Built: 1845

Structure Type:

Exterior Materials: Frame, Post & Beam

Roof: Shingle

Foundation: Stone

Heating, Cooling & Utilities

Heating: Electric Baseboard, Hot Water, Steam, Oil, Electric

Heating Zones: 3

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 3

Parking Features: Detached, Garage Door Opener, Workshop in Garage, Paved Drive, Off Street, On Street, Paved

Special Features

Fireplaces: 1

Fireplace Type: Living Room

Community Amenities: Shopping, Pool, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Nearby Schools

School information not available for this location.

Location

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Neighborhood

a/k/a Franklin Terrace

482 Franklin Street, Reading MA 01867

Reading, MA 01867

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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