8 Sanborn Street # 5003, Reading MA 01867

Reading, MA 01867
$1,050,000
2
Beds
2
Baths
1,235
Sq Ft
$850
Price/Sq Ft
2019
Year Built
2
Garage Spaces
6
Days on Market
Sold Listed Oct 5, 2023 • MLS# 73167088 Copied! • Updated Nov 16, 2023

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Sale Statistics

Sale Overview
Original List Price: $999,900
Final Sale Price: $1,050,000
Difference: +$50,100 (+5.0%)
Performance Metrics
105.0%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $810
Sale $/sq ft: $850
This property sold for $850 per square foot
Sale Summary

This property sold for 5.0% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$850/sq ft
Area Median
$453/sq ft
Difference
+87.5%

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

About this home

When ONLY the best will do, this unit has "LUXURY" all over it! From the ideal & beautiful location near the train, the bustling downtown restaurants & shops to its premier TOP floor (5th Floor) PENTHOUSE positioning with views, sun, more views, & even more sun, you'll be in the heart of it ALL! With one of the LARGEST, most private decks in the bldg, you'll never want to come in...it is BEYOND breathtaking. Inside is OPEN & impressive, with its BOUNTY of oversized windows, rich HW floors, mantled gas FP & chefs kitchen, complete with GE PROFILE appliances & VENT HOOD. The upgraded cabinetry as well as the gorgeous white quarts counters found in the kitchen AND both baths blend flawlessly with the touches of soft grays on the tiled floor & tub/shower surrounds, as well as on the kitchen back splash. Soaring ceilings give all the rooms a sense of grandeur & importance. The bdrms are large & elegant, particularly the main suite with custom woodwork. A TWO car gar. is the cherry on top!!

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

4.8%
Price Range
7
Total Days on Market

Property Timeline

Sold
Nov 16, 2023
$1,050,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Oct 5, 2023
$999,900
Original listing
Agent: Rick Nazzaro Office: Colonial Manor Realty

Tax History

Year Taxes Assessment
2023 $9,436 $749,500

Financial Details

Annual Property Tax
$9,436
Tax Year 2023
HOA Fee
$553
Monthly
Assessed Value
$749,500

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2019
Living Area 1,235 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Flooring - Stone/ceramic Tile, Lighting - Overhead, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck - Roof, Deck - Composite, City View(s), Screens, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof, Deck - Composite
Garage Spaces 2
Has Garage Yes
Features Under, Garage Door Opener, Heated Garage, Storage, Deeded
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup, Icemaker Connection
Annual Tax $9,436
Assessed Value $749,500

HOA & Community

HOA Fee $553 Monthly
Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s), Fitness Center, Clubroom, Storage, Garden Area
Optional Fee Includes None
Owner-Occupied Units 42
Pets Yes w/ Restrictions
Seller Disclosures In The Event Buyers Lender Requires Any Documents For Financing Where A Fee Is Charged, Fee To Be Paid By Buyer. Parking Spaces In Garage...#1 & #16. Storage Cage Near Space #16. See Attached Docs For Details On Pets And Rentals. All Custom Window Treatments Stay. Lr & Kit Shades Are Motorized.
Exclusions Wall Mounted Tvs & Mounts Are Negotiable. If Removed, Walls Will Remain As Is.
Possession None
Accepted Financing Contract
Structure Type ["Garden","Mid-Rise"]
Unit/Building 5003
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
2019
Bedrooms
2
Full Bathrooms
2
Living Area
1,235 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Lighting - Overhead, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom, Other

Construction & Materials

Year Built: 2019
Structure Type: Garden, Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, 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: Deck - Roof, Deck - Composite, City View(s), Screens, Professional Landscaping
Patio & Porch: Deck - Roof, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Heated Garage, Storage, Deeded

Special Features

Fireplaces: 1
Fireplace Type: Living Room
View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, T-Station
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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Location

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Neighborhood

8 Sanborn Street # 5003, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Rick Nazzaro
Listing Office Colonial Manor Realty
Office Phone 781-944-6300
Agent MLS ID B0482541
Office MLS ID B32911
Listing Data Updated Nov 16, 2023 10:42 AM EST
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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