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486 Franklin St, Reading, MA, 01867

$645,000

Home List Price

$7,659*

Closing Credit

3 Bedrooms
1 Full Bath
1,344 SqFt
$480/SqFt
House
Schools Nearby

Location

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486 Franklin St, Reading$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive
Year Built1900
HeatingOil
CoolingNone
BasementYes
MLS #73193460
Lot Size0.77 Acres
StatusAccepting Backup Offers
(Contingent)

About 486 Franklin St

Here is your chance to live in Reading! for under 700K!! Views of Meadow Brook Golf Course from this cozy Single Family Bungalow that sits on a long deep 3/4 acre lot which gives plenty of expansion possibilities. Modernized updates include most walls with newly installed shiplap, new flooring, electric fireplace living room and primary bedroom upstairs. Welcoming front porch entry. Home features open kitchen area w/ dining area with high ceilings, a side deck off of kitchens side entrance with built in benches and two driveways. 1 bed down 2 up & can be versatile on use for main primary. Easy access to 93, close to shopping, restaurants and highways. Opportunity knocks to buy in Reading in a fantastic area near golf course with loads of potential to expand. Priced & Sold "AS IS".

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1900
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: Century 21 North East
  • Listing Agent: Ronda Cogliano

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Oil
  • Cooling: None

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000
  • Price Per SqFt: $480/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $7,596
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Reading, MA.

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Reading, MA

City

Med. Sold Price

$800K

Med. Price/SqFt

$423

Avg. Days On Market

34

# of Sold Homes

14

486 Franklin St vs Reading

104 DAYS ON ROCKET

+70 Days

$645,000

-$155K Less

$480/SqFt

+$57 More

KEY TAKEAWAY

This property is $155K less than the Median Sold Price and $57/SqFt more than other homes in Reading, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73193460

Listing Office:

  • Office Name: Century 21 North East
  • Listing Agent: Ronda Cogliano

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,596$550,000
2020$7,518$538,900
2019$7,303$513,200
2018$6,649$479,400
2017$6,430$458,300

History based on county public records data.

Payment Calculator

$3,287

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,000

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1959177
6
/10

  • Wood End Elementary School

  • 85 Sunset Rock Ln

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-1959178
6
/10

  • Birch Meadow

  • 27 Arthur B Lord Dr

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-1959179
7
/10

  • J Warren Killam

  • 333 Charles St

  • 1.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,853. The most common annual income of people living in Reading, MA is between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 486 Franklin St

What is the listing price of this property?

The listing price of 486 Franklin St property is $645,000.

What type of property is this?

The property 486 Franklin St is a house located in Reading, Massachusetts, 01867.

Is this property for sale now?

Accepting Backup Offers: 486 Franklin St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,596 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 486 Franklin St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 486 Franklin St is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 486 Franklin St is 1900.

Rocket Homes›Massachusetts›Middlesex County›Reading›01867›486 Franklin St

This home is located at 486 Franklin St in Reading, MA and zip code 01867. This 1,344 square foot home, which was built in 1900, sits on a 0.77 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $645,000.

While more than 7 listings in Reading, MA in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. In March 2024 in Reading, MA there were 22.6% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $800,016, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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