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55 Locust St, Reading MA 01867

Reading, MA 01867
$1,205,000
Est. $6,805/month
4
Beds
2.5
Baths
3,114
Sq Ft
$387
Price/Sq Ft
0.23
Acres
2020
Year Built
14
Days on Market
Closed Listed Oct 15, 2020 • MLS# 72743732 Copied!

About this home

This STUNNING new construction modern farmhouse is custom-designed and full of unexpected surprises and uncommon detail. Outstanding quality of construction and high end finishes throughout, including custom built-ins, designer kitchen with marble backsplash, upscale lighting fixtures, French oak floors and outdoor living area with stone fireplace. The lower level features an open concept living and dining area, gourmet kitchen with butler’s pantry, large office/guest bedroom, half bath and mud room entry with brick floor and custom built-ins. Upstairs features a large master suite with oversized walk in closet and en suite master bath with premium walnut cabinetry, walk in shower and large soaking tub. Two more large bedrooms, full bath and second floor laundry surround an open loft area overlooking the two story staircase. Outside feels like a private back yard oasis with terraced stone walls and two patios. Perfectly located on a quiet street close to downtown, this home has it all.

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Public Records

Current Owner

Owner PARKER PHIL
Mailing Address 55 LOCUST STREET, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style COLONIAL

Tax Information

Assessed Value $1,392,900
Tax Rate $12.38 per $1,000
Base Tax $17,244
CPA Surcharge 1.5% ($240)
Estimated Annual Tax $17,484

Assessment History

Year Land Building Total Change
FY2026 $482,300 $909,700 $1,392,900

Sale History

Date Price Book/Page
Nov 4, 2020 $1,205,000 76086/112

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 (89.3% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2020
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,114 sq ft
Total Rooms
8

Sale Statistics

Sale Overview
Original List Price: $1,275,000
Final Sale Price: $1,205,000
Difference: $70,000 (-5.5%)
Performance Metrics
94.5%
List to Sale Ratio
Sold below asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $409
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 5.5% below the original asking price.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$387/sq ft
Area Average
$451/sq ft
Difference
14.2%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2020
Living Area 3,114 sq ft
Lot Size 0.23 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 8

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Gas Water Heater, Tankless Water Heater, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range
Fireplace None
Fireplaces 2
Basement Full, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle, Metal
Features Porch, Covered Patio/deck, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Covered

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Off Street
Total Spaces 3

Utilities

Electric 220 Volts, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,142
Assessed Value 0.00

Interior Features

Flooring: Wood, Tile
Appliances: Gas Water Heater, Tankless Water Heater, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
Interior Features:
Windows: Insulated Windows
Basement: Full, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 2020
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Metal
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Porch, Covered Patio/Deck, Fenced Yard
Patio & Porch: Porch, Covered
Fencing: Fenced
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Off Street

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School

Location

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Neighborhood

55 Locust St, 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

3 schools
RISE PreSchool
0.4 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
A
Alice M Barrows School
1.1 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
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.6 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
0.6 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
A
Reading Memorial High School
0.4 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
Austin Prep School
1.1 mi
Grades 06-12
Learn about these ratings

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 $512
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

-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

67.1%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Nov 4, 2020
$1,205,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Oct 15, 2020
$1,275,000
Original listing
Agent: Jennifer Hardin Office: True North Realty
Previous Transaction - MLS #72577376
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 3, 2019
$420,000
MLS #72577376

Price & Status History

Date Event Price Change
Oct 15, 2020 New Listing Added $1,275,000
Dec 3, 2019 Sold $420,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2020 $6,142 $0

Financial Details

Annual Property Tax
$6,142
Tax Year 2020
Assessed Value
$0

Listing Information

Listing Agent Jennifer Hardin
Listing Office True North Realty
Agent MLS ID CN211411
Office MLS ID AN2670
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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