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877 Main Street, Reading MA 01867

Reading, MA 01867
$455,000
Est. $3,057/month
2
Beds
1
Baths
1,160
Sq Ft
$392
Price/Sq Ft
0.28
Acres
1949
Year Built
32
Days on Market
Closed Listed May 28, 2024 • MLS# 73243151 Copied!

About this home

Opportunity Knocks! This Ranch was built in 1949 and has a 1,160 square foot interior and sits on a 12,000+ square foot lot. Spacious living room, formal dining room and 2 bedrooms. It is currently zoned for single family, residential use, S-15. The existing structure will require extensive renovations and is being sold in as-is condition. Bring your vision to a reality! Huge two bay garage which reportedly housed a commercial towing business for many years. This space may appeal to some woodworking or automotive hobbyists. Buyers or their agents should do their own due diligence regarding possible non –residential uses, required repairs, or replacing the existing structure with new construction. Property is occupied and Seller requests no visits to the lot without an appointment.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1949
Bedrooms
2
Full Bathrooms
1
Living Area
1,160 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $455,000
Difference: $44,900 (-9.0%)
Performance Metrics
91.0%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $431
Sale $/sq ft: $392
This property sold for $392 per square foot
Sale Summary

This property sold for 9.0% below the original asking price.

The property spent 32 days on market before selling.

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1949
Living Area 1,160 sq ft
Lot Size 0.28 acres
Bedrooms 2
Full Baths 1
Total Rooms 6

Interior

Heating Central, Forced Air, Natural Gas
Cooling None
Flooring Tile, Vinyl, Hardwood
Appliances Gas Water Heater, Water Heater
Fireplace Living Room
Fireplaces 1
Basement Full, Interior Entry, Garage Access, Concrete, Unfinished
Laundry In Basement
Features Bonus Room

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Porch - Enclosed, Storage
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Garage Door Opener, Workshop In Garage, Garage Faces Side, Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $6,677
Assessed Value $569,700

Interior Features

Flooring: Tile, Vinyl, Hardwood
Appliances: Gas Water Heater, Water Heater
Interior Features: Bonus Room
Windows: Storm Window(s)
Basement: Full, Interior Entry, Garage Access, Concrete, Unfinished
Laundry: In Basement
Security:

Construction & Materials

Style: Ranch
Year Built: 1949
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Storage
Patio & Porch: Porch - Enclosed
Fencing:
Other Structures:
Lot Features: Easements, Sloped
Road Frontage: 80.00 ft
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 6
Parking Features: Under, Garage Door Opener, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

877 Main Street, 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

3 schools
RISE PreSchool
0.4 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.6 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
0.9 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
M

Middle Schools

2 schools
A
Arthur W Coolidge Middle School
0.5 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
A
Walter S Parker Middle School
0.9 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
H

High Schools

3 schools
A
Reading Memorial High School
0.4 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
Austin Prep School
1.2 mi
Grades 06-12
Nazareth Academy
2.0 mi
Grades 09-12
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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $556
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
$0/mo
+0.5% Rate
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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

54.3%
Price Range
34
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73397939
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 23, 2025
$995,000
MLS #73397939
Sold
Jul 31, 2024
$455,000
Property sold
Days on Market: 34
🏠
Listed for Sale
May 28, 2024
$499,900
Original listing
Agent: Mary Ann Quinn Group Office: Premier Realty Group, Inc.

Price & Status History

Date Event Price Change
Oct 23, 2025 Sold $995,000
May 28, 2024 New Listing Added $499,900

Market Statistics

Days on Market
32 days
Price per Sq Ft
$392

Tax History

Year Taxes Assessment
2024 $6,677 $569,700

Financial Details

Annual Property Tax
$6,677
Tax Year 2024
Assessed Value
$569,700

Listing Information

Listing Agent Mary Ann Quinn Group
Listing Office Premier Realty Group, Inc.
Agent MLS ID TM305137
Office MLS ID B95198
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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