355 South Street, Reading MA 01867

Reading, MA 01867
$575,000
3
Beds
1.5
Baths
1,469
Sq Ft
$391
Price/Sq Ft
0.23
Acres
1948
Year Built
1
Garage Space
19
Days on Market
Sold Listed Mar 27, 2026 • MLS# 73493006 Copied! • Updated May 27, 2026

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $625,000
Final Sale Price: $575,000
Difference: $50,000 (-8.0%)
Performance Metrics
92.0%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $425
Sale $/sq ft: $391
This property sold for $391 per square foot
Sale Summary

This property sold for 8.0% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$391/sq ft
Area Median
$453/sq ft
Difference
13.7%

This property sold below the area median, potentially representing good value for the buyer.

About this home

This classic cape style home was heavily damaged when a second floor water pipe burst during the winter. The house was cleaned and dried out by a professional cleaning service using dehumidifiers and fans. The first floor has been stripped down, with flooring, wallboard, insulation and kitchen and bathroom all removed. Second floor has minimum damage. Could be easily restored, though may not be financed by traditional lenders. Very nice lot, close to major roads and downtown Reading.

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

26.5%
Price Range

Property Timeline

Current Active Listing - MLS #73566522
Full transaction history available when tracking began
🏡
Currently Listed
Aug 21, 2026
$849,900
MLS #73566522 - Active
📋
Status: Active under contract
Apr 3, 2026
Active → Active Under Contract
Pending Sale
Apr 3, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Mar 27, 2026
$625,000
Original listing
Agent: Kevin Coughlin Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
2026 $8,315 $730,000

Financial Details

Annual Property Tax
$8,315
Tax Year 2026
Assessed Value
$730,000

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1948
Living Area 1,469 sq ft
Lot Size 0.23 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Steam, Oil
Cooling None
Flooring Wood, Tile, Carpet
Appliances Electric Water Heater
Fireplace None
Basement None
Laundry In Basement
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Attached, Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $8,315
Assessed Value $730,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures There Is A Buildable Lot To The Left Of This House, That Is Not Included In The Sale. It Is In Mlspin Under Land, And Is Being Offered For $499, 900. Address Is 349 South Street, Reading. Buyers/agents Encouraged To Perform Due Diligence Regarding Any Other Use For The Existing House, Or Alterations.
Possession None
Accepted Financing Other (see Remarks)
Structure Type []
House Color Red
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Single Family Residence
Listing Type
Sold
Year Built
1948
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,469 sq ft
Total Rooms
6

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Electric Water Heater
Interior Features:
Windows: Insulated Windows
Basement:
Laundry: In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1948
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wooded
Road Frontage: 80.00 ft
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Paved Drive, Off Street
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
0.7 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
A
Alice M Barrows School
1.5 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
RISE PreSchool
2.1 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.3 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
2.6 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
3.4 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
1.3 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
2.3 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
2.2 mi
Grades 06-12
A
Reading Memorial High School
2.1 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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Location

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Neighborhood

355 South Street, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Kevin Coughlin
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 781-942-2199
Agent MLS ID B0525137
Office MLS ID AN4881
Listing Data Updated May 27, 2026 12:11 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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