863 Main Street, Reading MA 01867

Reading, MA 01867
$555,000
Est. $3,608/month
3
Beds
1
Baths
1,383
Sq Ft
$401
Price/Sq Ft
0.36
Acres
1920
Year Built
10
Days on Market
Closed Listed Dec 3, 2024 • MLS# 73316894 Copied!

About this home

Your next project is here! Super convenient location for this Colonial with very close proximity to Downtown, the commuter rail, restaurants & shops, the library, the Y and the schools as well as easy access to the highways. The large living room, formal dining room with built-in, full spacious kitchen and one of the bedrooms are on the first floor. Two bedrooms and the renovated full bath with newer washer and dryer round out the second floor. The side three-season porch would make a nice place for a morning cup of coffee. High ceilings and big windows. Perhaps you are able to add on in the back and make it a bigger home or renovate it as is and make it your own-there are endless possibilities!! The heat was converted to gas in 2020 and the hot water tank was installed last year. The Sellers replaced the front stairs, had some foundation work done as well as some work to the retaining wall in the back. Large backyard, three off-street parking spots.

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Living Area
1,383 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $559,900
Final Sale Price: $555,000
Difference: $4,900 (-0.9%)
Performance Metrics
99.1%
List to Sale Ratio
Sold below asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $405
Sale $/sq ft: $401
This property sold for $401 per square foot
Sale Summary

This property sold for 0.9% below the original asking price.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,383 sq ft
Lot Size 0.36 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Central, Forced Air, Natural Gas
Cooling None
Flooring Wood, Tile, Vinyl
Appliances Electric Water Heater, Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Walk-out Access, Interior Entry, Unfinished
Laundry Second Floor, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture Colonial
Roof Shingle
Features Porch - Screened
Pool None
Spa None
Fencing None
Patio/Porch Screened

Parking

Features Paved Drive, Off Street
Total Spaces 3

Utilities

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

Financial

Annual Tax $7,222
Assessed Value $616,200

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Electric Water Heater, Range, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Walk-Out Access, Interior Entry, Unfinished
Laundry: Second Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Brick/Mortar

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Porch - Screened
Patio & Porch: Screened
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

863 Main Street, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

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
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $602
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
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Save $0/mo
Current Rate
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+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

65.8%
Price Range
11
Total Days on Market

Property Timeline

Current Active Listing - MLS #73429927
Full transaction history available when tracking began
🏡
Currently Listed
Sep 12, 2025
$1,625,000
MLS #73429927 - Active
Sold
Jan 21, 2025
$555,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Dec 3, 2024
$559,900
Original listing
Agent: Deborah Heald Office: Coldwell Banker Realty - Andovers/Readings Regional

Price & Status History

Date Event Price Change
Nov 13, 2025 Sold $1,625,000
Dec 3, 2024 New Listing Added $559,900

Market Statistics

Days on Market
10 days
Price per Sq Ft
$401

Tax History

Year Taxes Assessment
2024 $7,222 $616,200

Financial Details

Annual Property Tax
$7,222
Tax Year 2024
Assessed Value
$616,200

Listing Information

Listing Agent Deborah Heald
Listing Office Coldwell Banker Realty - Andovers/Readings Regional
Agent MLS ID B9500555
Office MLS ID AN8827
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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