$899,000
$99K PRICE DROP

246 Walnut St Reading, MA 01867

Estimated payment $5,481/month

Total Views 17,750
3 Beds
1 Bath
1,584 Sq Ft
$568 Price per Sq Ft

Highlights

  • Golf Course Community
  • Medical Services
  • Cape Cod Architecture
  • Joshua Eaton Elementary School Rated A-
  • 2.02 Acre Lot
  • Property is near public transit

About This Home

Developer Alert – 2 Approved Buildable Lots in Prime Reading Location! While there is an existing single-family home on-site, the true value lies in the land. Builders & developers—capitalize on this rare opportunity in high-demand Reading. This offering includes two fully buildable lots with approved site plans and modification approvals for overhead utilities, berm, and a 16’ privacy fence: Lot 1: 27,895 sq. ft. and Lot 2: 20,058 sq. ft. Approved for a 4,500 sq. ft. home on each lot, with potential to build up to 5,500 sq. ft. including finished basement. All major approvals in place: Approved subdivision & site plans; Decision of Approvals & Order of Condition; Utility access (electric, public water/sewer at street). Exceptional location – Minutes to downtown Reading, commuter rail, and I-93. Documentation available upon request: Site plans, layouts, permits & building plans and more!

Listing Agent

Cheryl Pendenza

RE/MAX Andrew Realty Services Listed on: 07/22/2025

RE/MAX Andrew Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1961

Lot Details

  • 2.02 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned S20

Parking

  • 20 Car Parking Spaces

Home Design

  • Cape Cod Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,584 Sq Ft Home
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:003.000000019.0,730138

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,899

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1961
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Above Grade Finished Sq Ft: 1584
  • Living Area: 1584
  • Spa YN: No
  • MAIN LO: AC2354

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:003.000000019.0,730138
  • Zoning: S20
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Cleared
  • Lot Size Acres: 2.02
  • Lot Size Sq Ft: 87991
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8899

Multi Family

  • Basement Included Sq Ft: No

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,899 $781,300 $560,700 $220,600
2024 $8,795 $750,400 $538,500 $211,900
2023 $8,520 $676,700 $485,600 $191,100
2022 $8,201 $615,200 $441,400 $173,800
2021 $8,192 $593,200 $425,800 $167,400
2020 $7,875 $564,500 $405,200 $159,300
2019 $7,654 $537,900 $386,100 $151,800
2018 $7,035 $507,200 $364,000 $143,200
2017 $6,713 $478,500 $343,400 $135,100
2016 $5,732 $395,300 $264,300 $131,000
2015 $5,535 $376,500 $251,700 $124,800
2014 $5,791 $392,900 $276,800 $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Price Changed $899,000 -9.9% $568 / Sq Ft
07/22/2025 07/22/25 For Sale $998,000 -- $630 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $274,900 --
Deed $274,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $256,405 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73407978

MLS Property Information Network (MLS PIN)

APN: READ-000003-000000-000019