486 Franklin Street, Reading MA 01867

Reading, MA 01867
$640,000
Est. $3,406/month
3
Beds
1
Baths
1,344
Sq Ft
$476
Price/Sq Ft
0.77
Acres
1900
Year Built
Single Family Residence
Type
114
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73193460

About this home

Here is your chance to live in Reading! for under 700K!! Views of Meadow Brook Golf Course from this cozy Single Family Bungalow that sits on a long deep 3/4 acre lot which gives plenty of expansion possibilities. Modernized updates include most walls with newly installed shiplap, new flooring, electric fireplace living room and primary bedroom upstairs. Welcoming front porch entry. Home features open kitchen area w/ dining area with high ceilings, a side deck off of kitchens side entrance with built in benches and two driveways. 1 bed down 2 up & can be versatile on use for main primary. Easy access to 93, close to shopping, restaurants and highways. Opportunity knocks to buy in Reading in a fantastic area near golf course with loads of potential to expand. Priced & Sold "AS IS".

Sale Statistics

Sale Overview
Original List Price: $658,888
Final Sale Price: $640,000
Difference: $18,888 (-2.9%)
Performance Metrics
97.1%
List to Sale Ratio
Sold below asking price
114
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $490
Sale $/sq ft: $476
This property sold for $476 per square foot
Sale Summary

This property sold for 2.9% below the original asking price.

At 114 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,344 sq ft
Total Rooms
6

Interior Features

Heating
Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
Full

Exterior & Structure

Architectural Style
Bungalow
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.77 acres
Lot Size
33,361 sq ft
Lot Size Area
0.7700
Lot Features
Wooded

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,037
Tax Year
2023
Tax Assessed Value
$638,400
Parcel Number
736740
Zoning
r1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No

Location

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Neighborhood

486 Franklin Street, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $670
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.9%
Price Range
116
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73396635
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 29, 2025
$659,000
MLS #73396635
Sold
May 30, 2024
$640,000
Property sold
Days on Market: 116
🏠
Listed for Sale
Jan 14, 2024
$645,000
Original listing
Agent: Ronda Cogliano Office: Century 21 North East

Price & Status History

Date Event Price Change
Aug 29, 2025 Sold $659,000
Jan 14, 2024 New Listing Added $645,000

Market Statistics

Days on Market
114 days
Price per Sq Ft
$476

Tax History

Year Taxes Assessment
2023 $8,037 $638,400

Financial Details

Annual Property Tax
$8,037
Tax Year 2023
Assessed Value
$638,400

Listing Information

Listing Agent Ronda Cogliano
Listing Office Century 21 North East
Agent MLS ID E9500122
Office MLS ID AN4346

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