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52 Sanborn Street # 405, Reading MA 01867

Reading, MA 01867
$385,000
Est. $2,538/month
1
Beds
1.5
Baths
950
Sq Ft
$405
Price/Sq Ft
1906
Year Built
109
Days on Market
Closed Listed Mar 14, 2020 • MLS# 72633554 Copied!

About this home

Spectacular opportunity to secure sophisticated penthouse loft w/parking, sunlit views and caliber of finishes rarely found, within striking distance to Boston, at a fraction of the price! Spanning 2 levels, this Old Reading Schoolhouse condo features hardwood floors, central air and custom storage. Inside, one is struck w/a sense of volume: vaulted ceilings, exposed brick, interesting angles and skylights make dramatic first impression. Open floor plan easily accommodates dining, living and office furnishings w/gas fireplace adding warmth. Ultra-modern kitchen places equal value on function and style w/marble counters, built-in bar, high-end stainless appliances and ample white cabinetry. 1st floor also features 1/2 marble bath, laundry and coat closet. Expansive loft master suite w/dual closets and full marble bath w/subway-tiled shower and jetted tub. Conveniently located in downtown Reading near restaurants, shops and train/highway to Boston.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1906
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
950 sq ft
Total Rooms
3
Stories
2
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $449,000
Final Sale Price: $385,000
Difference: $64,000 (-14.3%)
Performance Metrics
85.7%
List to Sale Ratio
Sold below asking price
109
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $473
Sale $/sq ft: $405
This property sold for $405 per square foot
Sale Summary

This property sold for 14.3% below the original asking price.

At 109 days on market, this property took longer than average to sell.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1906
Living Area 950 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

Heating Central, Forced Air, Individual, Unit Control
Cooling Central Air, Individual, Unit Control
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle, Rubber
Features Decorative Lighting, Professional Landscaping, Stone Wall
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded, Guest, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $717
Assessed Value 0.00

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1906
Structure Type: Mid-Rise, Loft
Exterior Materials: Brick
Roof: Shingle, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Forced Air, Individual, Unit Control
Heating Zones: 1
Cooling: Central Air, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Decorative Lighting, Professional Landscaping, Stone Wall
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Guest, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

52 Sanborn Street # 405, 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
RISE PreSchool
0.7 mi
116 students Moderate
Grades PK
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
A-
Birch Meadow School
0.9 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
Alice M Barrows School
1.0 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
J. Warren Killam Elementary School
1.3 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
2.0 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
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.5 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
0.9 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
1.2 mi
Grades 06-12
A
Reading Memorial High School
0.7 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

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $60
Homeowners Insurance $200
HOA Fee $331/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

17.2%
Price Range
111
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73018832
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 15, 2022
$465,000
MLS #73018832
Sold
Aug 14, 2020
$385,000
Property sold
Days on Market: 111
🏠
Listed for Sale
Mar 14, 2020
$399,900
Original listing
Office: Coldwell Banker Residential Brokerage - Boston - Charlestown

Price & Status History

Date Event Price Change
Sep 15, 2022 Sold $465,000
Mar 14, 2020 New Listing Added $399,900

Market Statistics

Days on Market
109 days
Price per Sq Ft
$405

Tax History

Year Taxes Assessment
2020 $717 $0

Financial Details

Annual Property Tax
$717
Tax Year 2020
HOA Fee
$331
Monthly
Assessed Value
$0

Listing Information

Listing Agent Stephanie Rivkind
Listing Office Coldwell Banker Residential Brokerage - Boston - Charlestown
Agent MLS ID BB815376
Office MLS ID BB2440
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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