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1 Heritage Drive, Reading MA 01867

Reading, MA 01867
$510,000
Est. $3,279/month
3
Beds
1
Baths
1,161
Sq Ft
$439
Price/Sq Ft
0.23
Acres
1954
Year Built
13
Days on Market
Closed Listed Jul 21, 2021 • MLS# 72869150 Copied!

About this home

VIRTUAL TOUR AVAILABLE --- This updated 1954 Cape is located at the far end of an established, residential neighborhood, yet convenient to Route 128 / Interstate 95, Planet Fitness, Dunkin' and downtown. Forced hot water baseboard heating provided by an updated Weil-McLain Gold boiler. Updated electric panel. Vinyl replacement windows. Two enclosed porches. Remodeled kitchen & bath. Oak flooring, all set on a wonderful flat, 10,000 sf corner lot with storage shed. Some updates are still needed, so this home is priced accordingly. --- No open houses, so please schedule your private showing today.

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Public Records

Current Owner

Owner GALLANT PAUL LAWRENCE TR ETAL
Mailing Address 1 HERITAGE DR, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S20
Style COLONIAL

Tax Information

Assessed Value $1,691,100
Tax Rate $12.38 per $1,000
Base Tax $20,936
CPA Surcharge 1.5% ($295)
Estimated Annual Tax $21,231

Assessment History

Year Land Building Total Change
FY2026 $399,200 $1,291,400 $1,691,100

Sale History

Date Price Book/Page
Aug 7, 2023 $100 1605/104

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 (86.0% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1954
Bedrooms
3
Full Bathrooms
1
Living Area
1,161 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $489,995
Final Sale Price: $510,000
Difference: +$20,005 (+4.1%)
Performance Metrics
104.1%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $422
Sale $/sq ft: $439
This property sold for $439 per square foot
Sale Summary

This property sold for 4.1% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1954
Living Area 1,161 sq ft
Lot Size 0.23 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Baseboard, Oil
Cooling None
Flooring Hardwood
Appliances Range, Dishwasher
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Sump Pump
Laundry Electric Dryer Hookup, Washer Hookup, In Basement
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Porch - Enclosed, Rain Gutters, Storage
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, For Electric Dryer

Financial

Annual Tax $6,000
Assessed Value $434,500

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry, Sump Pump
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1954
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch - Enclosed, Rain Gutters, Storage
Patio & Porch: Porch - Enclosed
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Frontage: 125.00 ft
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

1 Heritage Drive, 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

6 schools
A
J. Warren Killam Elementary School
0.6 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
RISE PreSchool
1.0 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.2 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
Joshua Eaton School
1.7 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
1.9 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
B+
Wood End Elementary School
1.9 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
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
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
H

High Schools

2 schools
Austin Prep School
1.9 mi
Grades 06-12
A
Reading Memorial High School
1.0 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
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $500
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

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Current Rate
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+0.5% Rate
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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

69%
Price Range
14
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72975359
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 30, 2022
$1,580,000
MLS #72975359
Sold
Aug 25, 2021
$510,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Jul 21, 2021
$489,995
Original listing
Office: Kiklis Real Estate, LLC

Price & Status History

Date Event Price Change
Jun 30, 2022 Sold $1,580,000
Jul 21, 2021 New Listing Added $489,995

Market Statistics

Days on Market
13 days
Price per Sq Ft
$439

Tax History

Year Taxes Assessment
2021 $6,000 $434,500

Financial Details

Annual Property Tax
$6,000
Tax Year 2021
Assessed Value
$434,500

Listing Information

Listing Agent Mark Kiklis
Listing Office Kiklis Real Estate, LLC
Agent MLS ID B8000635
Office MLS ID B95154
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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