5 Washington St # C2, Reading MA 01867

Reading, MA 01867
$284,200
2
Beds
1
Baths
836
Sq Ft
$340
Price/Sq Ft
1971
Year Built
1
Parking
6
Days on Market
Sold Listed Apr 2, 2024 • MLS# 73218673 Copied! • Updated Sep 19, 2024

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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.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$340/sq ft
Area Median
$467/sq ft
Difference
27.2%

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

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!!!

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Recently Sold Nearby

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

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 836 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Assigned
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,890
Assessed Value $331,900

HOA & Community

HOA Fee $480 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes None
Seller 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.
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building C2
Sq Ft Source Public Record
Sq Ft Disclosures In need of renovation
Documents Master Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements (5)
County Middlesex
Total market time (incl. prior listings) 8 days

Property Overview

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

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: Garden, Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Nearby Schools

School information not available for this location.

Location

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Neighborhood

5 Washington St # C2, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent The Stakem Group
Listing Office Leading Edge Real Estate
Office Phone 781-944-6060
Agent MLS ID TM302299
Office MLS ID AN4648
Listing Data Updated Sep 19, 2024 1:06 PM EDT
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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