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40 Chestnut Street, North Reading MA 01864

North Reading, MA 01864
$649,000
Est. $4,107/month
3
Beds
1.5
Baths
1,596
Sq Ft
$407
Price/Sq Ft
0.47
Acres
1956
Year Built
5 hours 14 minutes
Time on Market
Active Open House Listed Apr 15, 2026 • MLS# 73501824 Copied!

About this home

Charming 3 bedroom, 1.5 bath home with 1 car garage in the Batchelder school district is perfect for first time homebuyers or downsizers. With many recent updates including central air, front entrance railings, electric panel and liepoxy flooring in the lower level; ask for feature sheet. The main level with gleaming hardwood flooring throughout the living area and bedrooms offers an open concept living room, dining room and kitchen. The warm and welcoming living room with picture window and fireplace leads to the dining room with custom built-in cabinet. The kitchen with easy access to the oversized back deck and large, level, fully fenced back yard, perfect for entertaining. The 3 bedrooms are nicely sized with a primary bedroom large enough to hold a king-size bed. The lower level has a family room, additional bonus room suitable for an office and a laundry room. In close proximity to downtown North Reading and commuter routes to Boston and Logan Airport, welcome home to 40 Chestnut

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1956
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,596 sq ft
Total Rooms
8

Open House Schedule

19
Apr
Sunday, April 19
11:30 AM - 1:00 PM EDT
18
Apr
Saturday, April 18
11:30 AM - 1:00 PM EDT

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1956
Living Area 1,596 sq ft
Lot Size 0.47 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Central, Baseboard, Oil
Cooling Central Air
Flooring Vinyl, Concrete, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Full, Partially Finished, Garage Access, Concrete
Laundry In Basement, Electric Dryer Hookup, Washer Hookup
Features Bathroom - Half, Chair Rail, Office

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Deck - Wood, Storage, Sprinkler System, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck - Wood

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Paved Drive, Off Street, Paved
Total Spaces 5

Utilities

Electric Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,508
Assessed Value $574,900

Interior Features

Flooring: Vinyl, Concrete, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Bathroom - Half, Chair Rail, Office
Windows:
Basement: Full, Partially Finished, Garage Access, Concrete
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Ranch
Year Built: 1956
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Central, Baseboard, Oil
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood, Storage, Sprinkler System, Fenced Yard
Patio & Porch: Deck - Wood
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 5
Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities:

Location

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Neighborhood

40 Chestnut Street, North Reading MA 01864

North Reading, MA 01864

Walkability

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Nearby Schools

School District
North Reading School District local
A
School Safety 2024-25
0.0% Very Low (Safest)
0.4% In-School
5.5% below state avg
E

Elementary Schools

2 schools
A+
L.D. Batchelder School
0.8 mi | #8 of 824 | Score: 66.6
Improved 22 spots from last year
+8.4 above state avg
462 students Less Diverse
Rising School Strong Attendance
Grades K-05
A+
J. Turner Hood Elementary School
0.9 mi | #67 of 824 | Score: 61.2
Improved 86 spots from last year
+3 above state avg
416 students Moderate
Rising School Strong Attendance
Grades PK-05
M

Middle Schools

1 school
A+
North Reading Middle School
1.2 mi | #34 of 352 | Score: 59.6
Dropped 5 spots from last year
+1.3 above state avg
494 students Less Diverse
Strong Attendance
Grades 06-08
H

High Schools

1 school
A+
North Reading High School
1.2 mi | #33 of 346 | Score: 70.1
Dropped 6 spots from last year
+11.9 above state avg
652 students Less Diverse
21 sports • 1,615 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $626
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

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Current Rate
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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

Property Timeline

🏠
Listed for Sale
Apr 15, 2026
$649,000
Original listing
Agent: Shari McStay Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Apr 15, 2026 New Listing Added $649,000

Market Statistics

Time on Market
5 hours 14 minutes
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2026 $7,508 $574,900

Financial Details

Annual Property Tax
$7,508
Tax Year 2026
Assessed Value
$574,900

Listing Information

Listing Agent Shari McStay
Listing Office Keller Williams Realty Evolution
Agent MLS ID CT002370
Office MLS ID C95098
Listing Data Updated Apr 15, 2026 9:48 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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