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97 Prospect Street, Reading MA 01867

Reading, MA 01867 • West Side
$1,600,000
Est. $9,413/month
5
Beds
2.5
Baths
3,278
Sq Ft
$488
Price/Sq Ft
0.34
Acres
1894
Year Built
17
Days on Market
Closed Listed Mar 8, 2021 • MLS# 72794721 Copied!

About this home

THE 2 YEAR TOP TO BOTTOM TOTAL RESTORATION OF ONE OF READING'S ICONIC CROWN JEWELS HAS JUST NOW BEEN COMPLETED!! All major systems(electrical, plumbing HVAC, Marvin Signature Series windows, roof and much more) have been upgraded while preserving the home's well appointed classic Federal exterior designed by Reading's own Horace G Wadlin. First floor has been redesigned to accommodate today's open floor plan which features a fully applianced cook's kitchen with Omega custom cabinetry, quartz countertops & island with an informal dining area. Enjoy the tranquil study with natural original pocket doors. 2nd floor master bath features a polished Carrara marble floor, double silestone vanity, with a luxurious soaking tub and walk-in shower. The other 4 bedrooms and full bath have all been updated as well. Many historical interior features remain to be seen and appreciated by a discerning buyer. Don't miss this rare opportunity to own a piece of Reading's history! Showings by Appointment.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1894
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,278 sq ft
Total Rooms
12

Sale Statistics

Sale Overview
Original List Price: $1,650,000
Final Sale Price: $1,600,000
Difference: $50,000 (-3.0%)
Performance Metrics
97.0%
List to Sale Ratio
Sold below asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $503
Sale $/sq ft: $488
This property sold for $488 per square foot
Sale Summary

This property sold for 3.0% below the original asking price.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$488/sq ft
Area Average
$447/sq ft
Difference
+9.2%

This property sold slightly above the area average for similar homes.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1894
Living Area 3,278 sq ft
Lot Size 0.34 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 12

Interior

Heating Forced Air, Natural Gas
Cooling Central Air, Dual, Other
Flooring Wood, Tile, Marble, Hardwood, Flooring - Hardwood
Appliances Gas Water Heater, Water Heater, Disposal, Microwave, Energy Star Qualified Refrigerator, Wine Refrigerator, Energy Star Qualified Dishwasher, Range Hood, Range, Oven, Plumbed For Ice Maker
Fireplace Family Room
Fireplaces 1
Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry Gas Dryer Hookup, Washer Hookup, Second Floor, Electric Dryer Hookup
Features Closet/cabinets - Custom Built, Closet, Mud Room, Foyer, Office, Study

Exterior

Construction Frame
Architecture Federal
Roof Shingle, Rubber
Features Balcony - Exterior, Deck - Composite, Balcony, Rain Gutters, Sprinkler System, Other
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Garage Spaces 2
Has Garage Yes
Features Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
Total Spaces 8

Utilities

Electric Circuit Breakers, 200+ Amp Service, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $13,465
Assessed Value $975,000

Interior Features

Flooring: Wood, Tile, Marble, Hardwood, Flooring - Hardwood
Appliances: Gas Water Heater, Water Heater, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, Wine Refrigerator, ENERGY STAR Qualified Dishwasher, Range Hood, Range, Oven, Plumbed For Ice Maker
Interior Features: Closet/Cabinets - Custom Built, Closet, Mud Room, Foyer, Office, Study
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry: Gas Dryer Hookup, Washer Hookup, Second Floor, Electric Dryer Hookup
Security: Security System

Construction & Materials

Style: Federal
Year Built: 1894
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone, Granite

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air, Dual, Other
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony - Exterior, Deck - Composite, Balcony, Rain Gutters, Sprinkler System, Other
Patio & Porch: Deck - Composite
Fencing:
Other Structures:
Lot Features: Corner Lot, Gentle Sloping
Road Frontage: 100.00 ft
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved

Special Features

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

Location

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Neighborhood

West Side

97 Prospect 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

6 schools
A
Alice M Barrows School
0.3 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
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
1.0 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.0 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
2.0 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
2.0 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
0.3 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
0.7 mi
Grades 06-12
A
Reading Memorial High School
1.0 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
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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
$0
Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,122
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
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Current Rate
$0/mo
+0.5% Rate
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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

50.2%
Price Range
18
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Apr 9, 2021
$1,600,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Mar 8, 2021
$1,650,000
Original listing
Agent: Mary Ann Quinn Group Office: Premier Realty Group, Inc.
Previous Transaction - MLS #72487829
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 5, 2019
$821,000
MLS #72487829

Price & Status History

Date Event Price Change
Mar 8, 2021 New Listing Added $1,650,000
Jun 5, 2019 Sold $821,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$488

Tax History

Year Taxes Assessment
2021 $13,465 $975,000

Financial Details

Annual Property Tax
$13,465
Tax Year 2021
Assessed Value
$975,000

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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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