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8 Sanborn Street # 1008, Reading MA 01867

Reading, MA 01867
$642,000
Est. $8,337,127/month
2
Beds
2
Baths
1,108
Sq Ft
$579
Price/Sq Ft
2020
Year Built
93
Days on Market
Closed Listed Jun 10, 2021 • MLS# 72847355 Copied!

About this home

Gorgeous & better than new! THE POSTMARK is perfectly located in "literally" the center of town, offering its residents the ability to enjoy restaurants, shopping & easy access to the commuter rail & major routes. Sure to be Reading's PREMIER condo complex, THE POSTMARK is sharp, classy, & built with quality & style in mind. From the nicely decorated common halls, to the exquisite club room, amazing gym & the breathtakingly stunning furnished roof deck with sweeping views & gas grill, this building is sure to please! Completely SOLD OUT, this resale opportunity is for those seeking a fabulous new LIFESTYLE, along with their NEW condo. When touring this beautiful light & bring corner unit with many, many oversized windows, you'll LOVE all of the EXTRAS here...such as upgraded cabinetry, GE Profile appliances, HW flooring throughout, spacious private patio (ideal for pet owners) & more. Seller has added pretty lighting, ceiling fans & custom shades making this TURN KEY!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2020
Bedrooms
2
Full Bathrooms
2
Living Area
1,108 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $679,900
Final Sale Price: $642,000
Difference: $37,900 (-5.6%)
Performance Metrics
94.4%
List to Sale Ratio
Sold below asking price
93
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $614
Sale $/sq ft: $579
This property sold for $579 per square foot
Sale Summary

This property sold for 5.6% below the original asking price.

At 93 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$579/sq ft
Area Average
$233/sq ft
Difference
+148.3%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2020
Living Area 1,108 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Patio, Screens, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Heated Garage, Storage, Deeded
Total Spaces 1

Utilities

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

Financial

Annual Tax $99,999,999
Assessed Value $999,999,999

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Other

Construction & Materials

Year Built: 2020
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Patio, Screens, Professional Landscaping
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Garage Door Opener, Heated Garage, Storage, Deeded

Location

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Neighborhood

8 Sanborn Street # 1008, Reading MA 01867

Reading, MA 01867

Walkability

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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
0.8 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
0.9 mi
116 students Moderate
Grades PK
A
Alice M Barrows School
1.0 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-
Birch Meadow School
1.1 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
1.4 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
2.1 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
0.5 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
1.1 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
1.3 mi
Grades 06-12
A
Reading Memorial High School
0.9 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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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 $8,333,333
Homeowners Insurance $200
HOA Fee $348/mo
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.

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Recently Sold Nearby

Property History

Market Insights

1.9%
Price Range
83
Total Days on Market

Property Timeline

Sold
Oct 29, 2021
$642,000
Property sold
Days on Market: 83
🏠
Listed for Sale
Jun 10, 2021
$629,900
Original listing
Agent: Rick Nazzaro Office: Colonial Manor Realty

Price & Status History

Date Event Price Change
Jun 10, 2021 New Listing Added $629,900

Market Statistics

Days on Market
93 days
Price per Sq Ft
$579

Tax History

Year Taxes Assessment
2021 $99,999,999 $999,999,999

Financial Details

Annual Property Tax
$99,999,999
Tax Year 2021
HOA Fee
$348
Monthly
Assessed Value
$999,999,999

Listing Information

Listing Agent Rick Nazzaro
Listing Office Colonial Manor Realty
Agent MLS ID B0482541
Office MLS ID B32911
Listing Data Updated Oct 30, 2021 11:17 AM 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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Market Analytics for Reading, MA

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