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8 Sanborn Street # 1009, Reading MA 01867

Reading, MA 01867
$499,900
Est. $2,983/month
1
Beds
1
Baths
892
Sq Ft
$560
Price/Sq Ft
2020
Year Built
162
Days on Market
Closed Listed Jan 20, 2020 • MLS# 72609831 Copied!

About this home

90% SOLD OUT! Introducing The Postmark! An iconic luxury residential development that will redefine the downtown Reading landscape! Located in the historic Reading Post Office - a true landmark in Downtown Reading! Just 12 miles north of Boston, this fifty-unit development offers one-to-two-plus-bedrooms with customizable options, secure parking, a common roof deck, exercise room, and common lounge! The Postmark will also feature 8,000+ SF of retail space, and is within walking distance to the commuter rail and all of the dining and entertainment options that downtown Reading has to offer! Estimated completion date is Summer of 2020. These top of the line luxury residences WILL NOT LAST! Developed by DiBiase Homes, an esteemed multi-generational, family owned and operated Real Estate Development firm with over 60 years of development experience!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2020
Bedrooms
1
Full Bathrooms
1
Living Area
892 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $489,900
Final Sale Price: $499,900
Difference: +$10,000 (+2.0%)
Performance Metrics
102.0%
List to Sale Ratio
Sold above asking price
162
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $549
Sale $/sq ft: $560
This property sold for $560 per square foot
Sale Summary

This property sold for 2.0% above the original asking price, indicating strong buyer demand.

At 162 days on market, this property took longer than average to sell.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2020
Living Area 892 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Gas Dryer Hookup
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 1

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Gas Dryer Hookup
Security: Intercom, Security System

Construction & Materials

Year Built: 2020
Structure Type: Mid-Rise
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Off Street

Location

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Neighborhood

8 Sanborn Street # 1009, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

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 $0
Homeowners Insurance $200
HOA Fee $255/mo
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

9.1%
Price Range
145
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73079596
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 3, 2023
$550,000
MLS #73079596
Sold
Jan 28, 2021
$499,900
Property sold
Days on Market: 145
🏠
Listed for Sale
Jan 20, 2020
$499,900
Original listing
Agent: Aranson & Associates Office: Compass

Price & Status History

Date Event Price Change
Apr 3, 2023 Sold $550,000
Jan 20, 2020 New Listing Added $499,900

Market Statistics

Days on Market
162 days
Price per Sq Ft
$560

Tax History

Year Taxes Assessment
2019 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2019
HOA Fee
$255
Monthly
Assessed Value
$0

Listing Information

Listing Agent Aranson & Associates
Listing Office Compass
Agent MLS ID TM324496
Office MLS ID AN2383
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

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8 Sanborn Street # 1009, Reading MA 01867 - Photo 1 8 Sanborn Street # 1009, Reading MA 01867 - Photo 2 8 Sanborn Street # 1009, Reading MA 01867 - Photo 3 8 Sanborn Street # 1009, Reading MA 01867 - Photo 4 8 Sanborn Street # 1009, Reading MA 01867 - Photo 5 8 Sanborn Street # 1009, Reading MA 01867 - Photo 6
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