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1 Fairbanks Lane, North Reading MA 01864

North Reading, MA 01864
$1,649,900
Est. $9,850/month
5
Beds
3.5
Baths
4,022
Sq Ft
$410
Price/Sq Ft
0.98
Acres
2004
Year Built
14 hours 16 minutes
Time on Market
Active Listed May 23, 2026 • MLS# 73523135 Copied!

About this home

Come see this majestic colonial set on approximately a 1 acre corner lot located in the Batchelder School District. This turn-key home offers the perfect blend of luxury, comfort and functionality with 5 bedrooms. 3.5 baths and over 4022 ft.² of beautiful updated living space! Every major system has been updated from new roof, windows, energy efficient heat pump, HVAC system, new hot water heater, new pool heater and fresh exterior paint! New front entry door and stone walkways, new flooring throughout and an updated kitchen! Outside is a private backyard oasis featuring a Gunite Inground Pool, covered veranda with sunshade, built-in fountain, and then expansive sports court. Additional highlights include a heated garage and a full finished basement! This home offers flexible living space with a potential au pair suite. This exceptional property combines timeless, colonial charm with modern updates! A real opportunity you won’t want to miss. Open Houses will be scheduled soon!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2004
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
1
Living Area
4,022 sq ft
Total Rooms
13

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2004
Living Area 4,022 sq ft
Lot Size 0.98 acres
Bedrooms 5
Full Baths 3
Half Baths 1
Total Rooms 13

Interior

Heating Central, Forced Air, Heat Pump, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Finished, Walk-out Access
Laundry In Basement, Electric Dryer Hookup, Washer Hookup
Features 1/4 Bath, Game Room, Sitting Room, Bonus Room, Walk-up Attic

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Patio, Covered Patio/deck, Pool - Inground Heated, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Stone Wall
Pool Pool - Inground Heated
Spa None
Fencing Fenced
Patio/Porch Deck, Patio, Covered

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Off Street
Total Spaces 8

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $15,686
Assessed Value $1,201,100
HOA Yes

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features: 1/4 Bath, Game Room, Sitting Room, Bonus Room, Walk-up Attic
Windows: Insulated Windows
Basement: Full, Finished, Walk-Out Access
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Security: Security System

Construction & Materials

Style: Colonial
Year Built: 2004
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Central, Forced Air, Heat Pump, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Patio, Covered Patio/Deck, Pool - Inground Heated, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Stone Wall
Patio & Porch: Deck, Patio, Covered
Fencing: Fenced
Other Structures: Workshop
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Pool: Private Pool
Pool Features: Pool - Inground Heated
Community Amenities: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf

Location

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Neighborhood

1 Fairbanks Lane, North Reading MA 01864

North Reading, MA 01864

Walkability

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Nearby Schools

School information not available for this location.

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,307
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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

Property Timeline

🏠
Listed for Sale
May 23, 2026
$1,649,900
Original listing
Office: United Brokers

Price & Status History

Date Event Price Change
May 23, 2026 New Listing Added $1,649,900

Market Statistics

Time on Market
14 hours 16 minutes
Price per Sq Ft
$410

Tax History

Year Taxes Assessment
2025 $15,686 $1,201,100

Financial Details

Annual Property Tax
$15,686
Tax Year 2025
Assessed Value
$1,201,100

Listing Information

Listing Agent Ronald Baldassari
Listing Office United Brokers
Agent MLS ID BB804986
Office MLS ID BB9067
Listing Data Updated May 23, 2026 7:23 PM EDT
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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