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8 Sanborn Street # 1012, Reading MA 01867

Reading, MA 01867
$457,000
Est. $2,766/month
1
Beds
1
Baths
823
Sq Ft
$555
Price/Sq Ft
2020
Year Built
136
Days on Market
Closed Listed Jan 11, 2021 • MLS# 72773387 Copied!

About this home

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!

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $479,900
Final Sale Price: $457,000
Difference: $22,900 (-4.8%)
Performance Metrics
95.2%
List to Sale Ratio
Sold below asking price
136
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $583
Sale $/sq ft: $555
This property sold for $555 per square foot
Sale Summary

This property sold for 4.8% below the original asking price.

At 136 days on market, this property took longer than average to sell.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2020
Living Area 823 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

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

Location

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Neighborhood

8 Sanborn Street # 1012, 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
0.8 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
0.8 mi
116 students Moderate
Grades PK
A
Alice M Barrows School
1.1 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
A-
Birch Meadow School
1.1 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
J. Warren Killam Elementary School
1.4 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
B+
Wood End Elementary School
2.1 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
0.5 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
1.1 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
1.3 mi
Grades 06-12
A
Reading Memorial High School
0.8 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
$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

0.6%
Price Range
137
Total Days on Market

Property Timeline

Sold
Jul 1, 2021
$457,000
Property sold
Days on Market: 137
🏠
Listed for Sale
Jan 11, 2021
$459,900
Original listing
Agent: Aranson & Associates Office: Compass

Price & Status History

Date Event Price Change
Jan 11, 2021 New Listing Added $459,900

Market Statistics

Days on Market
136 days
Price per Sq Ft
$555

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 # 1012, Reading MA 01867 - Photo 1 8 Sanborn Street # 1012, Reading MA 01867 - Photo 2 8 Sanborn Street # 1012, Reading MA 01867 - Photo 3 8 Sanborn Street # 1012, Reading MA 01867 - Photo 4 8 Sanborn Street # 1012, Reading MA 01867 - Photo 5 8 Sanborn Street # 1012, Reading MA 01867 - Photo 6 8 Sanborn Street # 1012, Reading MA 01867 - Photo 7 8 Sanborn Street # 1012, Reading MA 01867 - Photo 8
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