31 Jacob Way # 31, Reading MA 01867

Reading, MA 01867
$700,000
3
Beds
2.5
Baths
2,089
Sq Ft
$335
Price/Sq Ft
2012
Year Built
2
Garage Spaces
16
Days on Market
Closed Listed Apr 7, 2021 • MLS# 72810349 Copied! • Updated May 11, 2021

Sale Statistics

Sale Overview
Original List Price: $679,000
Final Sale Price: $700,000
Difference: +$21,000 (+3.1%)
Performance Metrics
103.1%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $325
Sale $/sq ft: $335
This property sold for $335 per square foot
Sale Summary

This property sold for 3.1% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$335/sq ft
Area Average
$500/sq ft
Difference
33.0%

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

About this home

With 9’ ceilings, huge soundproof windows, gleaming hardwood floors and wainscoting throughout, this 3-story luxury townhome is sure to impress! Entryway features direct access to oversized 2 car garage, gorgeous foyer, walk in mudroom closet and bonus space ideal for home office or rec room. Head upstairs to find bright and open living and dining combo, an entertainer’s dream! EIK is well appointed with breakfast bar, S/S, granite and ample cabinets. Private master offers large en-suite, double vanities, walk in closet, and laundry within reach. 2 additional bedrooms and full bath complete the second level. Attic offers even more storage with handy nooks found throughout the home. Super convenient commuter location, just minutes from commuter rail and major highways. Take note of on-site fully equipped gym, clubhouse, playground, and walking trails. Close to downtown Reading where you’ll find bustling restaurants, shops, plus so much more. Welcome Home!

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Recently Sold Nearby

Property History

Market Insights

31.7%
Price Range
18
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73554769
Full transaction history available when tracking began
🏡
Currently Listed
Jul 24, 2026
$879,000
MLS #73554769 - Active
Sold
May 11, 2021
$700,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Apr 7, 2021
$679,000
Original listing
Agent: Susan Gormady Group Office: Classified Realty Group
Previous Transaction - MLS #72187256
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 31, 2017
$600,000
MLS #72187256

Tax History

Year Taxes Assessment
2021 $8,438 $611,000

Financial Details

Annual Property Tax
$8,438
Tax Year 2021
HOA Fee
$382
Monthly
Assessed Value
$611,000

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2012
Living Area 2,089 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Third Floor, In Unit
Features Recessed Lighting, Bonus Room, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Attached, Under, Garage Door Opener, Storage, Garage Faces Side, Off Street, Guest, Paved
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $8,438
Assessed Value $611,000

HOA & Community

HOA Fee $382 Monthly
Fee Includes Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Fitness Center, Trail(s), Clubhouse
Optional Fee Includes None
Pets Yes
Seller Disclosures See Standard Sellers Disclosure Attached In Paperclip
Exclusions See Inclusion Sheet
Possession None
Accepted Financing Contract
Structure Type ["Townhouse"]
Unit/Building 31
Sq Ft Source Unit Floor Plan
Sq Ft Disclosures sqft is incorrect on public record
Documents Master Deed, Rules & Regs, Management Association Bylaws (3)
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2012
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,089 sq ft
Total Rooms
7
Stories
3
Entry Level
1

Room Details

Second Floor

Bathroom1
Bathroom - Half, Flooring - Stone/Ceramic Tile
Dining Room
12 x 8
Flooring - Hardwood, Open Floorplan, Wainscoting
Kitchen
19 x 12
Closet, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Lighting - Overhead
Living Room
19 x 14
Flooring - Hardwood, Open Floorplan, Recessed Lighting

Third Floor

Bedroom3
10 x 9
Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom2
Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bedroom2
12 x 9
Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom3
Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Master Bedroom
13 x 12
Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Other Floor

Bedroom5
Bedroom4
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Recessed Lighting, Bonus Room, Internet Available - Unknown
Windows: Insulated Windows
Basement: N
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 2012
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Under, Garage Door Opener, Storage, Garage Faces Side, Off Street, Guest, Paved
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
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
A
Alice M Barrows School
1.5 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
RISE PreSchool
2.1 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.3 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
2.7 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
3.4 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
1.4 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
2.4 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
2.2 mi
Grades 06-12
A
Reading Memorial High School
2.1 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

31 Jacob Way # 31, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Susan Gormady Group
Listing Office Classified Realty Group
Office Phone 781-944-1901
Agent MLS ID TM337444
Office MLS ID AN1116
Listing Data Updated May 11, 2021 5:04 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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