482 Franklin Street, Reading MA 01867

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

$625,000

3

Beds

1.5

Baths

1,400

Sq Ft

$446

Price/Sq Ft

0.59

Acres

1845

Year Built

1

Garage Space

Single Family Residence

Type

3

Days on Market

Sold Listed Feb 25, 2021 • MLS# 72789922 Copied! • Updated Apr 16, 2021

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview

Original List Price: $565,000

                            Final Sale Price:
                            $625,000
                        

Difference: +$60,000 (+10.6%)

Performance Metrics

110.6%

List to Sale Ratio

Sold above asking price

3

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $404

                            Sale $/sq ft:
                            $446
                        

This property sold for $446 per square foot

Sale Summary

This property sold for 10.6% 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.

Nearby Sales Comparison

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

This Property

$446/sq ft

Area Median

$404/sq ft

Difference

+10.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

*HOME IS ACTUALLY ON FRANKLIN TERRACE: A QUIET CUL-DE-SAC. If these walls could talk, they’d share quite a story! A unique home loaded w/character, history & personality, set on over 1/2 an acre w/endless expansion possibility. Function fills this 8 rm antique Colonial in many ways w/private office space, renovated ½ BA, & not 1, but 2 living rooms. Exposed beam family rm features large bay window while cozy front living space open to dining offers fireplace & beautiful HW floors. Retro EIK w/vaulted ceiling provides loads of natural light from well-positioned window & features Corian counters & new S/S appliances. Head upstairs to find 2 beds, full bath w/bonus guest or teen suite on 3rd level. Oversized garage lends itself to the ultimate home gym while full basement is ideal for storage. Quiet neighborhood setting within walking distance to town forest & just minutes from I-93. All new windows with many more updates. Come see for yourself why this home is so special. NO OPEN HOUSE.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

45.2%

Price Range

18

Total Days on Market

2

Previous Sales

Property Timeline

✓

Sold

Apr 8, 2021

$625,000

Property sold

Days on Market: 18

🏠

Listed for Sale

Feb 25, 2021

$565,000

Original listing

Agent: Susan Gormady Group Office: Classified Realty Group

Previous Transaction - MLS #72495530

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 19, 2019

$500,000

MLS #72495530

View Listing →

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	✓ Sold	$625,000	-	-	Property sold
02/25/2021	🏠 Listed for Sale	$565,000	-	-	Original listing
07/19/2019	🏷️ Previously Sold	$500,000	-	-	MLS #72495530
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, Hardwood, Wood Laminate, Flooring - Hardwood

Appliances Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker

Fireplace Living Room

Fireplaces 1

Basement Full, Walk-out Access

Laundry In Basement, Electric Dryer Hookup, Washer Hookup

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

Exterior

Construction Frame

Architecture Colonial

Roof Shingle

Features Porch, Patio, Rain Gutters, Screens

Pool None

Spa None

Fencing None

Patio/Porch Porch, Patio

Parking

Garage Spaces 1

Has Garage Yes

Features Detached, Garage Door Opener, Heated Garage, Storage, Workshop In Garage, Garage Faces Side, Oversized, Paved Drive, Off Street, On Street, Paved

Total Spaces 5

Utilities

Electric Circuit Breakers, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $7,032

Assessed Value $494,200

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Roof 2010. Boiler 2012. 200 Amp Electric 2014. Porch And Attic Conversion 2015. Windows 2020. See List On Paperclip For Many More Updates. Subject To Finding Suitable Housing.

Exclusions See Exclusion/Inclusion Sheet In Paperclip

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) 18 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, Hardwood, Wood Laminate, Flooring - Hardwood

Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker

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

Windows: Skylight(s), Insulated Windows, Screens

Basement: Full, Walk-Out Access

Laundry: In Basement, Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Style: Colonial

Year Built: 1845

Structure Type:

Exterior Materials: Frame

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: Thermostat

Exterior & Lot

Exterior Features: Porch, Patio, Rain Gutters, Screens

Patio & Porch: Porch, Patio

Fencing:

Other Structures:

Lot Features: Cul-De-Sac, Corner Lot, Easements

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 5

Parking Features: Detached, Garage Door Opener, Heated Garage, Storage, Workshop in Garage, Garage Faces Side, Oversized, 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

Ask about this property — free, no obligation.