Dimensions11 x 12
LevelSecond
1 Fairbanks Ln, North Reading MA 01864
North Reading, MA 01864 • Fairbanks Estate
$1,200,000
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Sale Statistics
Sale Overview
Original List Price:
$1,200,000
Final Sale Price:
$1,200,000
Difference:
+$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$298
Sale $/sq ft:
$298
This property sold for $298 per square foot
Sale Summary
This property sold exactly at the asking price.
With only 9 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 9 similar properties sold within 0.5 miles in the last 90 days
This Property
$298/sq ft
Area Median
$414/sq ft
Difference
28.1%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Majestic Colonial at corner lot is 4000+ square ft of superb family living & entertainment all year long. The heart of this home is the open 1st floor plan starting in the eat-in kitchen w/huge Center Island, Granite countertops, SS appliances, gas stove & abundance of cabinets. Kitchen flows to sun-drenched “fireplaced” living room. 1st floor expands to formal dining room w/decorative columns, laundry room & powder room. Impressive foyer & staircase lead to 2nd floor tranquil MasterSuite w/huge walk-in closet, spa-like bathroom & bonus enclosed room/dressing area/office, plus 2 additional spacious bedrooms & full bath. Stunning chandeliers throughout the home. Alarmed sliding doors from kitchen lead to the "resort" outdoors w/inground heated pool, hot tub, patio, shed & decorative landscaping. Plenty of green area for play structure, garden or outdoor fun. Lower level expands entertaining w/bonus family room, bar area, game room, exercise room, half bath & storage. Move in condition!
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Recently Sold Nearby
Property History
Market Insights
10
Total Days on Market
Property Timeline
Sold
May 26, 2021
$1,200,000
Property sold
Days on Market: 10
Listed for Sale
Apr 6, 2021
$1,200,000
Original listing
Agent: Marina Tramontozzi
Office: True North Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/26/2021 | ✓ Sold | $1,200,000 | - | - | Property sold |
| 04/06/2021 | 🏠 Listed for Sale | $1,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2020 | $13,499 | $865,300 |
Financial Details
Annual Property Tax
$13,499
Tax Year 2020
Assessed Value
$865,300
Facts & Features
2 Car Garage
Central AC
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
2004
Living Area
4,022 sq ft
Lot Size
0.98 acres
Bedrooms
3
Full Baths
2
Half Baths
2
Total Rooms
13
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Stone/ceramic Tile, Concrete, Flooring - Wall To Wall Carpet
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace
Living Room
Fireplaces
1
Basement
Full, Partially Finished, Walk-out Access, Interior Entry
Laundry
Flooring - Stone/ceramic Tile, Gas Dryer Hookup, Washer Hookup, First Floor, Electric Dryer Hookup
Features
Bathroom - Half, Recessed Lighting, Closet, Lighting - Overhead, Office, Bathroom, Game Room, Exercise Room, Bonus Room, Wired For Sound, Internet Available - Unknown
Exterior
Construction
Frame
Architecture
Colonial
Roof
Shingle
Features
Patio, Covered Patio/deck, Pool - Inground, Pool - Inground Heated, Rain Gutters, Hot Tub/spa, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Stone Wall
Pool
In Ground, Pool - Inground Heated
Spa
Private
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Patio, Covered
Parking
Garage Spaces
2
Has Garage
Yes
Features
Attached, Garage Door Opener, Storage, Workshop In Garage, Garage Faces Side, Oversized, Paved Drive, Off Street
Total Spaces
8
Utilities
Electric
220 Volts
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$13,499
Assessed Value
$865,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyers To Do Own Due Diligence. Pool Will Be Professionally Opened Prior To Closing. 4 Bedroom Septic. Buyer Can Install Door From 4th Bdrm To Hallway. Lower Level Not Connected To Gas Heat.
Exclusions
See Inclusion/Exclusion Attached To Mls.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Grey
Sq Ft Source
Owner
Sq Ft Disclosures
APPROX. 1000 SQ. FT. IN FINISHED BASEMENT
Documents
None
County
Middlesex
Total market time (incl. prior listings)
10 days
Property Overview
Property Type
Single Family Residence
Listing Type
Sold
Year Built
2004
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
2
Living Area
4,022 sq ft
Total Rooms
13
Floor Layout
Interactive room guide
Floor Layout
Dimensions11 x 15
FeaturesCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
LevelSecond
FeaturesBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
LevelSecond
Dimensions10 x 15
FeaturesCloset, Flooring - Wall to Wall Carpet, Attic Access, Lighting - Overhead
LevelSecond
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
LevelSecond
Dimensions15 x 15
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, French Doors, Lighting - Overhead, Tray Ceiling(s)
LevelSecond
FeaturesBathroom - Half, Flooring - Stone/Ceramic Tile
LevelFirst
Dimensions13 x 15
FeaturesFlooring - Stone/Ceramic Tile, Open Floorplan, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
LevelFirst
Dimensions15 x 27
FeaturesFlooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Pendant, Lighting - Overhead
LevelMain,First
Dimensions15 x 15
FeaturesFlooring - Wall to Wall Carpet, Open Floorplan, Lighting - Overhead, Tray Ceiling(s)
LevelMain,First
FeaturesFlooring - Hardwood
LevelMain
FeaturesFlooring - Stone/Ceramic Tile, Recessed Lighting
LevelBasement
FeaturesYes
Display Options
Outdoor Areas
PoolIn Ground, Pool - Inground Heated
SpaPrivate
Patio & porchPatio, Covered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Concrete, Flooring - Wall to Wall Carpet
Appliances:
Gas Water Heater, Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Bathroom - Half, Recessed Lighting, Closet, Lighting - Overhead, Office, Bathroom, Game Room, Exercise Room, Bonus Room, Wired for Sound, Internet Available - Unknown
Windows:
Insulated Windows, Storm Window(s)
Basement:
Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry:
Flooring - Stone/Ceramic Tile, Gas Dryer Hookup, Washer Hookup, First Floor, Electric Dryer Hookup
Security:
Security System
Construction & Materials
Style:
Colonial
Year Built:
2004
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
2
Cooling:
Central Air
Cooling Zones:
2
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio, Covered Patio/Deck, Pool - Inground, Pool - Inground Heated, Rain Gutters, Hot Tub/Spa, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Stone Wall
Patio & Porch:
Patio, Covered
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Corner Lot, Level
Road Surface:
Parking & Garage
Garage Spaces:
2
Garage Type:
Attached
Total Parking Spaces:
8
Parking Features:
Attached, Garage Door Opener, Storage, Workshop in Garage, Garage Faces Side, Oversized, Paved Drive, Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Living Room
Pool:
Private Pool
Pool Features:
In Ground, Pool - Inground Heated
Spa/Hot Tub:
Yes
Spa Features:
Private
Community Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Nearby Schools
School District
North Reading School District local
A
School Safety
2024-25
0.0%
Very Low (Safest)
0.4%
In-School
5.5% below state avg
Elementary Schools
3 schools
A+
L.D. Batchelder School
0.8 mi
|
#8 of 824
|
Score: 66.6
Improved 22 spots from last year
+8.4 above state avg
462 students
Less Diverse
Rising School
Strong Attendance
Grades K-05
A+
J. Turner Hood Elementary School
1.4 mi
|
#67 of 824
|
Score: 61.2
Improved 86 spots from last year
+3 above state avg
416 students
Moderate
Rising School
Strong Attendance
Grades PK-05
B+
John E Burke School
2.1 mi
|
#298 of 824
|
Score: 50.9
Improved 239 spots from last year
-7.3 below state avg
294 students
Moderate
Rising School
Grades K-05
Middle Schools
3 schools
A+
North Reading Middle School
1.2 mi
|
#34 of 352
|
Score: 59.6
Dropped 5 spots from last year
+1.3 above state avg
494 students
Less Diverse
Strong Attendance
Grades 06-08
A
Lynnfield Middle School
2.4 mi
|
#58 of 352
|
Score: 55.5
Improved 34 spots from last year
-2.7 below state avg
698 students
Moderate
Rising School
Strong Attendance
Grades 05-08
A
Arthur W Coolidge Middle School
3.2 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
High Schools
3 schools
A+
North Reading High School
1.2 mi
|
#33 of 346
|
Score: 70.1
Dropped 6 spots from last year
+11.9 above state avg
652 students
Less Diverse
21 sports
• 1,615 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
A
Lynnfield High School
2.7 mi
|
#62 of 346
|
Score: 65.4
Dropped 41 spots from last year
+7.2 above state avg
588 students
Moderate
18 sports
• 1,490 athletes
High Graduation Rate
College Ready Curriculum
Strong Athletics
Strong Attendance
Grades 09-12
A
Reading Memorial High School
3.3 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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Location
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Neighborhood
Fairbanks Estate
1 Fairbanks Ln, North Reading MA 01864
North Reading, MA 01864
Listing Information
Listing Agent
Marina Tramontozzi
Listing Office
True North Realty
Office Phone
781-872-1487
Agent MLS ID
CN215527
Office MLS ID
AN2670
Listing Data Updated
May 26, 2021 1:32 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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