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8 Sanborn Street # 5005, Reading MA 01867

Reading, MA 01867
$940,000
Est. $6,495/month
2
Beds
2
Baths
1,500
Sq Ft
$627
Price/Sq Ft
2020
Year Built
48
Days on Market
Closed Listed Feb 25, 2021 • MLS# 72789818 Copied!

About this home

When absolutely only the best will do! This BRAND NEW PENTHOUSE unit at the "perfectly located" Postmark Condominiums is ready for immediate occupancy. This exclusive level, offers finishes & features only found on floor 5...including amazing city views from every window & from the 25' balcony!! So gorgeous, this unit has it all...upgraded cabinetry, high-end quartz counters, upgraded Cafe' appliances, including a "sharp" gas stove & contemporary vent hood. This extra spacious floor plan offers an ideal open concept you crave with a gas fireplace as another stunning focal point...again, only found on THIS level. The bathrooms are sumptuous, as are the spacious bedrooms with HUGE windows & loads of natural light. Postmark is first class, with its common CLUB ROOM, FITNESS CENTER, & dramatic ROOF DECK. This is one of not many units that comes with THREE parking spaces...two in, & one out... "ideal!" In the heart of downtown, all of your favorite spots & the train are just a moment away!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2020
Bedrooms
2
Full Bathrooms
2
Living Area
1,500 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $939,900
Final Sale Price: $940,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $627
Sale $/sq ft: $627
This property sold for $627 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 48 days on market before selling.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2020
Living Area 1,500 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Gas Dryer Hookup, Washer Hookup, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Courtyard, Balcony, City View(s), Screens, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Heated Garage, Deeded, Off Street, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $12,400
Assessed Value $893,000

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: Gas Dryer Hookup, Washer Hookup, In Unit
Security: Intercom

Construction & Materials

Year Built: 2020
Structure Type: Garden, Mid-Rise
Exterior Materials:
Roof:
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: Thermostat

Exterior & Lot

Exterior Features: Courtyard, Balcony, City View(s), Screens, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Heated Garage, Deeded, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School

Location

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Neighborhood

8 Sanborn Street # 5005, 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 $1,033
Homeowners Insurance $200
HOA Fee $509/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%
Price Range
49
Total Days on Market

Property Timeline

Sold
May 19, 2021
$940,000
Property sold
Days on Market: 49
🏠
Listed for Sale
Feb 25, 2021
$939,900
Original listing
Agent: Rick Nazzaro Office: Colonial Manor Realty

Price & Status History

Date Event Price Change
Feb 25, 2021 New Listing Added $939,900

Market Statistics

Days on Market
48 days
Price per Sq Ft
$627

Tax History

Year Taxes Assessment
2021 $12,400 $893,000

Financial Details

Annual Property Tax
$12,400
Tax Year 2021
HOA Fee
$509
Monthly
Assessed Value
$893,000

Listing Information

Listing Agent Rick Nazzaro
Listing Office Colonial Manor Realty
Agent MLS ID B0482541
Office MLS ID B32911
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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