185 Wakefield St, Reading MA 01867

Reading, MA 01867
$875,000
Est. $4,657/month
3
Beds
2
Baths
1,950
Sq Ft
$449
Price/Sq Ft
0.54
Acres
1954
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73357245

About this home

Seize this remarkable opportunity to create your dream home in a prime neighborhood where many properties command premium values. Classic hardwood floors flow throughout this 1,950 square foot Cape Cod style home. An appealing open second level with a generous landing - perfect for a homework station or reading nook. Three bedroom, two up, one down - offer versatile living arrangements. Natural light streams through windows overlooking the private half-acre wooded lot. The bones are solid, the electrical panel is updated, and the canvas awaits your vision. Transform the bonus room into a sophisticated home office, craft room, or 4th bedroom. Smart buyers will recognize this property's exceptional potential - where thoughtful improvements can dramatically increase value in this established neighborhood.

Sale Statistics

Sale Overview
Original List Price: $774,900
Final Sale Price: $875,000
Difference: +$100,100 (+12.9%)
Performance Metrics
112.9%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $397
Sale $/sq ft: $449
This property sold for $449 per square foot
Sale Summary

This property sold for 12.9% 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
Single Family Residence
Property Category
Residential
Year Built
1954
Bedrooms
3
Full Bathrooms
2
Living Area
1,950 sq ft
Total Rooms
7
Main Level Bedrooms
1

Interior Features

Flooring
Vinyl, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Oven, Dishwasher, Range, Refrigerator
Interior Features
Closet, Closet/Cabinets - Custom Built, Office
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry

Exterior & Structure

Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Rain Gutters
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.54 acres
Lot Size
23,339 sq ft
Lot Size Area
0.5400
Lot Features
Wooded

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Attached, Paved Drive
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Laundromat, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,789
Tax Year
2025
Tax Assessed Value
$859,400
Parcel Number
M:034.000000207.0,737013
Zoning
S20

Additional Details

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

Location

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Neighborhood

185 Wakefield St, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
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Rating information coming soon
Middle School
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High School
Reading Mem
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $816
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11.4%
Price Range
7
Total Days on Market

Property Timeline

Sold
May 2, 2025
$875,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 9, 2025
$774,900
Original listing
Agent: The Ternullo Real Estate Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Apr 9, 2025 New Listing Added $774,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$449

Tax History

Year Taxes Assessment
2025 $9,789 $859,400

Financial Details

Annual Property Tax
$9,789
Tax Year 2025
Assessed Value
$859,400

Listing Information

Listing Agent The Ternullo Real Estate Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM000416
Office MLS ID AN4648

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