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55 Lothrop Rd, Reading MA 01867

Reading, MA 01867
$540,000
Est. $3,542/month
3
Beds
1
Baths
946
Sq Ft
$571
Price/Sq Ft
0.34
Acres
1954
Year Built
Single Family Residence
Type
3
Days on Market
Closed Listed Jul 23, 2020 • MLS# 72697337 Copied!

About this home

Great opportunity to get into the popular Reading market. Ranch style home on quiet side street. Conveniently located near major highways, transportation, shopping, restaurants, parks and golf courses. The main level features 3 bedrooms, fully applianced kitchen and fireplaced living room. Laundry in very large basement. Three season porch overlooking a large yard you would be proud to entertain in. Well maintained, add your personal touches to make it home.

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Public Records

Current Owner

Owner FRASER JONATHAN
Mailing Address 55 LOTHROP RD, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S20
Style RANCH

Tax Information

Assessed Value $779,400
Tax Rate $12.38 per $1,000
Base Tax $9,649
CPA Surcharge 1.5% ($126)
Estimated Annual Tax $9,775

Assessment History

Year Land Building Total Change
FY2026 $528,500 $243,700 $779,400 —

Sale History

Date Price Book/Page
Aug 31, 2020 $540,000 75501/483

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
1954
Bedrooms
3
Full Bathrooms
1
Living Area
946 sq ft
Total Rooms
5

Sale Statistics

Sale Overview
Original List Price: $529,900
Final Sale Price: $540,000
Difference: +$10,100 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $560
Sale $/sq ft: $571
This property sold for $571 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1954
Living Area 946 sq ft
Lot Size 0.34 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet, Hardwood
Appliances Water Heater, Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Interior Entry, Sump Pump, Concrete, Unfinished
Laundry In Basement, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Porch - Enclosed
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Paved Drive, Off Street, Paved
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,342
Assessed Value $526,300

Interior Features

Flooring: Wood, Tile, Carpet, Hardwood
Appliances: Water Heater, Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Ranch
Year Built: 1954
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed
Patio & Porch: Porch - Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Detached, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Shopping, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

55 Lothrop Rd, 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
Alice M Barrows School
0.5 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
0.7 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
1.6 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.7 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
A
J. Warren Killam Elementary School
2.6 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
B+
Wood End Elementary School
2.7 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
0.8 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
1.8 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
1.6 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
Learn about these ratings
School data provided by BMN Schools

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 $612
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

23.1%
Price Range
12
Total Days on Market

Property Timeline

Current Active Listing - MLS #73497606
Full transaction history available when tracking began
🏡
Currently Listed
Apr 8, 2026
$689,000
MLS #73497606 - Active
View Listing →
✓
Sold
Aug 31, 2020
$540,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jul 23, 2020
$529,900
Original listing
Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Apr 8, 2026 Sold $689,000 —
Jul 23, 2020 New Listing Added $529,900 —

Market Statistics

Days on Market
3 days
Price per Sq Ft
$571

Tax History

Year Taxes Assessment
2020 $7,342 $526,300

Financial Details

Annual Property Tax
$7,342
Tax Year 2020
Assessed Value
$526,300

Listing Information

Listing Agent Carol Ciffolillo
Listing Office William Raveis R.E. & Home Services
Agent MLS ID CN230841
Office MLS ID AN5663
Listing Data Updated Sep 2, 2020 4:22 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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55 Lothrop Rd, Reading MA 01867 - Photo 1 55 Lothrop Rd, Reading MA 01867 - Photo 2 55 Lothrop Rd, Reading MA 01867 - Photo 3
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