38 Peter Rd, North Reading MA 01864

North Reading, MA 01864
$825,000
Est. $5,140/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

Adjust the payment calculator
4
Beds
2
Baths
2,150
Sq Ft
$384
Price/Sq Ft
1.10
Acres
1964
Year Built
2
Garage Spaces
13 hours 20 minutes
Time on Market
For Sale Listed Sep 9, 2026 • MLS# 73574432 Copied! • Updated Sep 9, 2026

Track this home for price, status, and open-house alerts.

About this home

Beautiful ranch style home located in a highly desirable neighborhood.  This property has received many improvements over the past 10 years and is in excellent condition!  Featuring an open-concept floor plan with an eat-in kitchen flowing into a living room with a fireplace.  The kitchen has been updated with white shaker-style cabinetry, granite countertops, and stainless steel appliances.  All of the bedrooms have hardwood floors including the spacious owners suite that has it's own private bathroom, walk in closet, and a covered balcony.  The finished lower level offers plenty of room to entertain and walks out to the back yard with a modern patio. The 2 car garage is generous in size and has an adjacent workshop and storage area. This easy to maintain home is equipped with a young heat pump for heating and A/C, quality replacement windows installed in 2017, and a newer electric panel installed in 2022. The sellers will install a brand new septic system prior to closing!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

39.4%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$825,000
Original listing
Agent: Kanniard Residential Group Office: LAER Realty Partners
Previous Transaction - MLS #72231593
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 30, 2017
$499,900
MLS #72231593

Tax History

Year Taxes Assessment
2025 $9,222 $706,100

Financial Details

Annual Property Tax
$9,222
Tax Year 2025
Assessed Value
$706,100

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1964
Living Area 2,150 sq ft
Lot Size 1.10 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Heat Pump, Electric
Cooling Heat Pump, Ductless
Flooring Tile, Hardwood, Flooring - Vinyl
Appliances Electric Water Heater, Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 2
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Garage Access
Laundry Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Basement
Features Bonus Room, Exercise Room

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Patio, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Patio
Garage Spaces 2
Has Garage Yes
Features Under, Storage, Paved Drive, Off Street, Stone/gravel
Total Spaces 8
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $9,222
Assessed Value $706,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Brand New Septic System Will Be Installed Prior To Closing. Septic Design In Process And Not Yet Approved. The Seller Requires A Flexible Closing Date. 4th Bedroom Does Not Have A Closet.
Possession None
Accepted Financing None
Structure Type []
House Color Red Brick
Sq Ft Source Measured
Sq Ft Disclosures The living area is measured and approximate.
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1964
Bedrooms
4
Full Bathrooms
2
Living Area
2,150 sq ft
Total Rooms
8

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Flooring - Vinyl
Appliances: Electric Water Heater, Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bonus Room, Exercise Room
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access
Laundry: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Ranch
Year Built: 1964
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Heat Pump, Ductless
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Under, Storage, Paved Drive, Off Street, Stone/Gravel

Special Features

Fireplaces: 2
Fireplace Type: Living Room
Community Amenities: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, House of Worship, Public School, Sidewalks
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

3 schools
Andover School of Montessori
2.0 mi
Grades PK-08
A+
L.D. Batchelder School
2.1 mi | #7 of 825 | Score: 66.8
Improved 23 spots from last year
+8.6 above state avg
449 students Less Diverse
Rising School Strong Attendance
Grades K-05
A+
J. Turner Hood Elementary School
2.6 mi | #65 of 825 | Score: 61.2
Improved 88 spots from last year
+3 above state avg
418 students Moderate
Rising School Strong Attendance
Grades PK-05
M

Middle Schools

3 schools
A+
North Reading Middle School
1.7 mi | #33 of 352 | Score: 59.9
Dropped 4 spots from last year
+1.7 above state avg
527 students Less Diverse
Strong Attendance
Grades 06-08
A
Doherty Middle School
4.2 mi | #42 of 352 | Score: 58.4
Improved 12 spots from last year
+0.2 above state avg
484 students Moderate
Strong Attendance
Grades 06-08
A
Arthur W Coolidge Middle School
4.3 mi | #43 of 352 | Score: 58.3
Improved 32 spots from last year
+0.1 above state avg
417 students Moderate
Rising School Strong Attendance
Grades 06-08
H

High Schools

3 schools
A+
North Reading High School
1.7 mi | #34 of 346 | Score: 70.2
Dropped 7 spots from last year
+12 above state avg
640 students Less Diverse
21 sports • 1,615 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Phillips Academy
3.9 mi
Grades 09-12
A
Wilmington High School
4.5 mi | #70 of 346 | Score: 64.3
Dropped 33 spots from last year
+6.1 above state avg
633 students Moderate
17 sports • 1,648 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $769
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.

Location

Loading map...

Neighborhood

38 Peter Rd, North Reading MA 01864

North Reading, MA 01864

Listing Information

Listing Agent Kanniard Residential Group
Listing Office LAER Realty Partners
Office Phone 978-251-8221
Agent MLS ID TM331532
Office MLS ID AN1199
Listing Data Updated Sep 9, 2026 3:00 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for North Reading, MA

Real-time market trends and pricing data for this area

Loading market insights for North Reading.