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15 Larch Lane, Reading MA 01867

Reading, MA 01867
$1,600,000
Est. $8,854/month
4
Beds
3.5
Baths
3,850
Sq Ft
$416
Price/Sq Ft
0.21
Acres
2022
Year Built
59
Days on Market
Closed Listed Mar 17, 2022 • MLS# 72954428 Copied!

About this home

NEW CONSTRUCTION -PROPERTY IS 100% COMPLETE-OCCUPANCY PERMIT IN HAND Beautifully designed 4 bedroom, 3.5 bathroom home near Meadow Brook Golf Club. Nestled at the end of a dead end street and overlooking a large open space, this home features floor to ceiling cabinetry in the kitchen, as well as quartz countertops, and high end appliances. The kitchen opens to a family room with marble tiled gas fireplace. Also on the first floor, dining room/living room, powder room and mudroom. A large master bedroom on the second floor features a huge walk-in closet, as well as a master bath with soaking tub and digitally controlled shower. In addition, you'll find three more bedrooms, an office and full bathroom. The third floor boasts two bonus rooms that could be used as an additional bedroom and playroom/tv area, plus another full bath. Carefully selected lighting fixtures, designer wallpaper, and fine millwork throughout this lovely home. Nest Thermostats on every floor.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2022
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,850 sq ft
Total Rooms
11

Sale Statistics

Sale Overview
Original List Price: $1,799,000
Final Sale Price: $1,600,000
Difference: $199,000 (-11.1%)
Performance Metrics
88.9%
List to Sale Ratio
Sold below asking price
59
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $467
Sale $/sq ft: $416
This property sold for $416 per square foot
Sale Summary

This property sold for 11.1% below the original asking price.

The property spent 59 days on market before selling.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2022
Living Area 3,850 sq ft
Lot Size 0.21 acres
Bedrooms 4
Full Baths 3
Half Baths 1
Total Rooms 11

Interior

Heating Forced Air
Cooling Central Air
Flooring None
Appliances Electric Water Heater
Fireplace None
Fireplaces 1
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture Farmhouse
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Off Street
Total Spaces 7

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,760
Assessed Value $489,500

Interior Features

Flooring:
Appliances: Electric Water Heater
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Style: Farmhouse
Year Built: 2022
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 7
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:

Location

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Neighborhood

15 Larch Lane, 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

3 schools
A-
Birch Meadow School
0.5 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
RISE PreSchool
0.8 mi
116 students Moderate
Grades PK
B+
Wood End Elementary School
0.9 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
0.7 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
1.3 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
0.7 mi
Grades 06-12
A
Reading Memorial High School
0.8 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
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $563
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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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.

Property History

Market Insights

71.2%
Price Range
60
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jun 17, 2022
$1,600,000
Property sold
Days on Market: 60
🏠
Listed for Sale
Mar 17, 2022
$1,649,000
Original listing
Agent: John T. Burns Office: John T Burns
Previous Transaction - MLS #72819482
Full transaction history available when tracking began
🏷️
Previously Sold
May 14, 2021
$475,000
MLS #72819482

Price & Status History

Date Event Price Change
Mar 17, 2022 New Listing Added $1,649,000
May 14, 2021 Sold $475,000

Market Statistics

Days on Market
59 days
Price per Sq Ft
$416

Tax History

Year Taxes Assessment
2022 $6,760 $489,500

Financial Details

Annual Property Tax
$6,760
Tax Year 2022
Assessed Value
$489,500

Listing Information

Listing Agent John T. Burns
Listing Office John T Burns
Agent MLS ID NB111991
Office MLS ID NB2706
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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