5 Washington St # C2, Reading MA 01867

Reading, MA 01867
$284,200
Est. $1,513/month
2
Beds
1
Baths
836
Sq Ft
$340
Price/Sq Ft
1971
Year Built
Condominium
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73218673

About this home

Great opportunity for the contractor or savvy investor looking for their next project. This 2 Bedroom 1 Bath at the Briarwood Estates has a great location with close proximity to the commuter rail, shops, restaurants, and all that Reading has to offer. The corner unit sits on the third floor of an elevator building and comes with 1 parking space, newer balcony, and an association inground pool. Needs extensive renovating including but not limited to flooring, kitchen, bath, appliances, and paint. Don't miss your chance to build instant equity!!!

Sale Statistics

Sale Overview
Original List Price: $274,000
Final Sale Price: $284,200
Difference: +$10,200 (+3.7%)
Performance Metrics
103.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $328
Sale $/sq ft: $340
This property sold for $340 per square foot
Sale Summary

This property sold for 3.7% 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.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
836 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Interior Features

Heating
Baseboard
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Laundry Features
In Building
Basement Details
Y

Exterior & Structure

Exterior Features
Balcony
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, House of Worship, Public School
HOA Fee
$480
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,890
Tax Year
2024
Tax Assessed Value
$331,900
Parcel Number
M:016.007220345.0,733169
Zoning
A40

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Briarwood Estates
Common Walls
Corner
Attached Property
Yes
Disclosures
Property SOLD AS IS. CASH/REHAB loan will be needed. Will not qualify for a conventional loan in its condition. Buyer is responsible for the smoke cert if one is required. This is an Estate Sale and the personal representative has never lived in the property. Subject to a license to sell.

Location

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Neighborhood

5 Washington St # C2, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

High School
Rmhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $324
Homeowners Insurance $200
HOA Fee $480
PMI $0

Property History

Market Insights

33.2%
Price Range
8
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73315551
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 7, 2025
$410,000
MLS #73315551
Sold
Sep 17, 2024
$284,200
Property sold
Days on Market: 8
🏠
Listed for Sale
Apr 2, 2024
$274,000
Original listing
Agent: The Stakem Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Feb 7, 2025 Sold $410,000
Apr 2, 2024 New Listing Added $274,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$340

Tax History

Year Taxes Assessment
2024 $3,890 $331,900

Financial Details

Annual Property Tax
$3,890
Tax Year 2024
HOA Fee
$480
Monthly
Assessed Value
$331,900

Listing Information

Listing Agent The Stakem Group
Listing Office Leading Edge Real Estate
Agent MLS ID TM302299
Office MLS ID AN4648

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