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27 Colburn Rd, Reading MA 01867

Reading, MA 01867
$535,000
Est. $3,546/month
5
Beds
2
Baths
1,738
Sq Ft
$308
Price/Sq Ft
0.22
Acres
1943
Year Built
56
Days on Market
Closed Listed Jul 20, 2022 • MLS# 73014675 Copied!

About this home

Quaint Cape in the heart of Reading is waiting for you! Sizeable lot on a quiet and desirable neighborhood, this home has the opportunity to be transformed into your dream home. First floor features a bright and sunny living room, kitchen with access to outdoor deck and backyard, full bathroom along with two main floor bedrooms. 2nd floor includes three additional bedrooms and a full bathroom. Large lot with ample potential for expansion. Retaining wall, driveway, roof, vinyl siding and gutters has been replaced since ownership. Convenient to to Birch Meadow Complex, YMCA, several schools, playgrounds, tennis courts and more! Now is the chance for this incredible opportunity and to put your own personal touches on the home of your dreams!

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Public Records

Current Owner

Owner CHOI KAWENG
Mailing Address 27 COLBURN RD, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style COLONIAL

Tax Information

Assessed Value $1,661,900
Tax Rate $12.38 per $1,000
Base Tax $20,574
CPA Surcharge 1.5% ($290)
Estimated Annual Tax $20,864

Assessment History

Year Land Building Total Change
FY2026 $506,000 $1,155,700 $1,661,900

Sale History

Date Price Book/Page
Jun 26, 2024 $1,720,000 82932/301

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 (88.3% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1943
Bedrooms
5
Full Bathrooms
2
Living Area
1,738 sq ft
Total Rooms
7
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $580,000
Final Sale Price: $535,000
Difference: $45,000 (-7.8%)
Performance Metrics
92.2%
List to Sale Ratio
Sold below asking price
56
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $334
Sale $/sq ft: $308
This property sold for $308 per square foot
Sale Summary

This property sold for 7.8% below the original asking price.

The property spent 56 days on market before selling.

Nearby Sales Comparison

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

This Property
$308/sq ft
Area Average
$506/sq ft
Difference
39.1%

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

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1943
Living Area 1,738 sq ft
Lot Size 0.22 acres
Bedrooms 5
Full Baths 2
Total Rooms 7

Interior

Heating Electric Baseboard, Oil
Cooling None
Flooring Wood, Tile, Stone / Slate
Appliances Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Interior Entry, Sump Pump, Unfinished
Laundry In Basement, Electric Dryer Hookup, Washer Hookup
Features Internet Available - Unknown

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $7,685
Assessed Value $576,500

Interior Features

Flooring: Wood, Tile, Stone / Slate
Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Unknown
Windows:
Basement: Interior Entry, Sump Pump, Unfinished
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Cape
Year Built: 1943
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Electric Baseboard, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Wooded, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

27 Colburn Rd, 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-
Birch Meadow School
0.2 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
RISE PreSchool
0.4 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
A
J. Warren Killam Elementary School
1.2 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
A
Alice M Barrows School
1.4 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
Joshua Eaton School
1.9 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
M

Middle Schools

2 schools
A
Arthur W Coolidge Middle School
0.3 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
1.2 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
1.0 mi
Grades 06-12
A
Reading Memorial High School
0.4 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 $640
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
$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.

Property History

Market Insights

68.9%
Price Range
58
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73210944
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 26, 2024
$1,720,000
MLS #73210944
Sold
Oct 31, 2022
$535,000
Property sold
Days on Market: 58
🏠
Listed for Sale
Jul 20, 2022
$580,000
Original listing
Agent: Andersen Group Realty Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jun 26, 2024 Sold $1,720,000
Jul 20, 2022 New Listing Added $580,000

Market Statistics

Days on Market
56 days
Price per Sq Ft
$308

Tax History

Year Taxes Assessment
2022 $7,685 $576,500

Financial Details

Annual Property Tax
$7,685
Tax Year 2022
Assessed Value
$576,500

Listing Information

Listing Agent Andersen Group Realty
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM309803
Office MLS ID AN2627
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

Real-time market trends and pricing data for this area

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