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16 Elm Street, Reading MA 01867

Reading, MA 01867
$677,000
Est. $4,264/month
2
Beds
1.5
Baths
1,194
Sq Ft
$567
Price/Sq Ft
0.29
Acres
1900
Year Built
5
Days on Market
Closed Listed Jul 16, 2025 • MLS# 73405228 Copied!

About this home

Welcome to a great opportunity in highly desirable Reading! This charming 2-bedroom, 1.5-bath Colonial is set on a rare oversized lot at the end of a dead-end street, offering privacy and strong potential in a prime location. Inside, you'll find a classic layout with sun-filled rooms, ready for your updates and personal touch. A standout feature is the expansion potential within the lot's generous boundaries—ideal for a future addition, garage, or custom outdoor space. It's a great fit for anyone looking to get into Reading and a smart condo alternative with room to grow. Enjoy close proximity to schools, downtown, commuter rail, and major routes—an excellent investment in a sought-after town.

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Public Records

Current Owner

Owner SKR VENTURES LLC
Mailing Address 7 BEVERLY AVE, WILMINGTON, MA, 01887

Land Use

Use Code 101
Description Single Family
Zoning S15
Style OLD STYLE

Tax Information

Assessed Value $704,500
Tax Rate $12.38 per $1,000
Base Tax $8,722
CPA Surcharge 1.5% ($112)
Estimated Annual Tax $8,834

Assessment History

Year Land Building Total Change
FY2026 $443,200 $256,800 $704,500

Sale History

Date Price Book/Page
Aug 7, 2025 $677,000 84463/179

Building Permit History

No building permits on record since 2020.

Data: Town of Reading Monthly Building Permit Report

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (85.3% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,194 sq ft
Total Rooms
5

Sale Statistics

Sale Overview
Original List Price: $639,900
Final Sale Price: $677,000
Difference: +$37,100 (+5.8%)
Performance Metrics
105.8%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $536
Sale $/sq ft: $567
This property sold for $567 per square foot
Sale Summary

This property sold for 5.8% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1900
Living Area 1,194 sq ft
Lot Size 0.29 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Central Air, Window Unit(s)
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry Gas Dryer Hookup, Washer Hookup, In Basement
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Has Garage Yes
Features Detached, Paved Drive
Total Spaces 6

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,683
Assessed Value $674,500

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Full
Laundry: Gas Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Colonial
Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block, Stone

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Central Air, Window Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Detached, Paved Drive

Location

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Neighborhood

16 Elm Street, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

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
1.1 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
1.1 mi
116 students Moderate
Grades PK
A
J. Warren Killam Elementary School
1.3 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
A-
Birch Meadow School
1.4 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
Alice M Barrows School
1.5 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
B+
Wood End Elementary School
2.3 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
1.0 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
1.3 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
1.7 mi
Grades 06-12
A
Reading Memorial High School
1.1 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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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $640
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

50%
Price Range
6
Total Days on Market
2
Previous Sales

Property Timeline

Current Active Listing - MLS #73537178
Full transaction history available when tracking began
🏡
Currently Listed
Jun 17, 2026
$739,900
MLS #73537178 - Active
Sold
Aug 7, 2025
$677,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jul 16, 2025
$639,900
Original listing
Agent: Lisa Santilli Office: Classified Realty Group
Previous Transaction - MLS #72004473
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 18, 2016
$421,500
MLS #72004473
Previous Transaction - MLS #71722203
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 16, 2014
$370,000
MLS #71722203

Price & Status History

Date Event Price Change
Jun 17, 2026 Sold $739,900
Jul 16, 2025 New Listing Added $639,900
Jul 18, 2016 Sold $421,500
Sep 16, 2014 Sold $370,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$567

Tax History

Year Taxes Assessment
2025 $7,683 $674,500

Financial Details

Annual Property Tax
$7,683
Tax Year 2025
Assessed Value
$674,500

Listing Information

Listing Agent Lisa Santilli
Listing Office Classified Realty Group
Agent MLS ID B8000051
Office MLS ID AN1116
Listing Data Updated Aug 8, 2025 9:59 AM 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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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