OFF MARKET

Off market jul 2014 for $465K

$849,787

•

1,196

sq ft

397 Franklin St, Reading, MA 01867

About this home

Busy first time buyers, and those looking to scale down, but not quite ready for that condo take note...this is sure to be one of the MOST BEAUTIFUL ranch style homes ever to hit the market. In the same family for generations, it was totally redesigned and remodeled in 2006 with no detail over looked. The heart of this master piece is the magnificent kitchen, worthy of a "million dollar property!" You will love the open concept, where the living, dining and kitchen are separated only by the huge custom island with incredible storage, and even a wine refrigerator. Complete with stainless appliances, coordinated granites, and stunning lighting, this kitchen will simply take your breath away. Equally as smashing are the two new bathrooms...one right off the master! Custom finishes such as the mantled fire place, the wall of built-ins in the master suite, wainscoting, French doors leading to a comfortable sun-splashed den and tasteful decorating all combine to make this "THE ONE!"

Single-familyProperty Type

1953Year Built

0.35 acresLot Size

$711Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Rick Nazzaro • Colonial Manor Realty

Bought with The Murphy Group Lexington • William Raveis R.E. & Home Services

Redfin checked: a minute ago

•Source:MLS PIN #71696711

Redfin Estimate

$849,787

$385K since sold in July 2014$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.3% higher than the average sale price ($792K) of 6 comparable homes.

SOLD JUL 24, 2026
$720,000
A
3 beds2 baths1,360 sq ft
7 Burditt Rd, North Reading, MA 01864
SOLD JUL 31, 2026
$985,000
B
3 beds1.5 baths2,033 sq ft
377 Pearl St, Reading, MA 01867
SOLD FEB 17, 2026
$840,000
C
3 beds2 baths1,874 sq ft
98 John Carver Rd, Reading, MA 01867
SOLD JUN 30, 2026
$715,000
D
3 beds2 baths1,824 sq ft
215 Pearl St, Reading, MA 01867
SOLD JUL 17, 2026
$715,000
E
3 beds2 baths1,488 sq ft
462 Park St, North Reading, MA 01864
SOLD JUL 30, 2026
$775,000
F
3 beds2 baths2,200 sq ft
414 Grove St, Reading, MA 01867

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Earn from this home

Sell

$536,672

Est. take-home

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Rent

$2,267/mo

Redfin rental estimate

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Market trends in 01867, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

104.1%

1.0% MoM

Median sale price

$956K

$9K MoM

Avg. days on market

20d

2 days MoM

Recently sold homes

104

14 MoM

New listings for sale

OPEN SAT, 11AM TO 12:30PM
$769,900
4 beds2 baths1,501 sq ft
15 South St, Reading, MA 01867
OPEN TODAY, 4:30PM TO 5:30PM
$1,225,000
3 beds3 baths3,750 sq ft
48 Border Rd, Reading, MA 01867
OPEN SAT, 10:30AM TO 12PM
$520,000
1 bed1 bath955 sq ft
36 Augustus Ct #1002, Reading, MA 01867
OPEN SAT, 11:30AM TO 12:30PM
$340,000
1 bed1 bath611 sq ft
295 Main St #15, Reading, MA 01867
OPEN SAT, 12PM TO 2PM
$1,100,000
4 beds3.5 baths2,322 sq ft
124 Prescott St, Reading, MA 01867
OPEN SAT, 11AM TO 12:30PM
$359,000
2 beds1 bath654 sq ft
241 Main St Unit C7, Reading, MA 01867
VIDEO TOUR
$1,249,000
3 beds4.5 baths3,822 sq ft
38 Green Meadow Dr #38, Reading, MA 01867
VIDEO TOUR
$849,900
3 beds2.5 baths1,411 sq ft
29 Canterbury Dr, Reading, MA 01867
OPEN SUN, 10:30AM TO 12PM
$1,125,000
4 beds1.5 baths1,908 sq ft
38 Fairmount Rd, Reading, MA 01867
OPEN SAT, 1PM TO 2:30PM
$815,000
3 beds3 baths1,600 sq ft
3 Palmer Hill Ave, Reading, MA 01867
See all

Provided by Redfin

Sale history for 397 Franklin St

Year

Property tax

Land + Additions

Assessment*

2025

$8,773 (+0.2%)

$473,400 + $296,800

$770,200

2024

$8,752 (+6.8%)

$459,000 + $287,800

$746,800

2023

$8,191 (+5.3%)

$399,900 + $250,700

$650,600

2022

$7,777 (+3.7%)

$358,600 + $224,800

$583,400

2021

$7,500 (+1.0%)

$344,300 + $198,800

$543,100

2020

$7,424 (+2.9%)

$337,400 + $194,800

$532,200

2019

$7,213 (+9.9%)

$321,300 + $185,600

$506,900

2018

$6,566 (+3.4%)

$300,100 + $173,300

$473,400

2017

$6,350 (+0.5%)

$286,900 + $165,700

$452,600

2016

$6,319 (+6.7%)

$273,100 + $162,700

$435,800

2015

$5,921 (+3.2%)

$252,400 + $150,400

$402,800

2014

$5,737 (+16.7%)

$243,900 + $145,300

$389,200

2013

$4,914 (+1.7%)

$237,000 + $91,900

$328,900

2012

$4,831 (+2.8%)

$249,500 + $91,900

$341,400

2011

$4,698

$249,500 + $90,900

$340,400

2010

$4,698 (+2.8%)

$249,500 + $90,900

$340,400

2009

$4,572

$285,400 + $60,700

$346,100

Tax history for 397 Franklin St

Year

Property tax

Land + Additions

Assessment*

2025

$8,773 (+0.2%)

$473,400 + $296,800

$770,200

2024

$8,752 (+6.8%)

$459,000 + $287,800

$746,800

2023

$8,191 (+5.3%)

$399,900 + $250,700

$650,600

2022

$7,777 (+3.7%)

$358,600 + $224,800

$583,400

2021

$7,500 (+1.0%)

$344,300 + $198,800

$543,100

2020

$7,424 (+2.9%)

$337,400 + $194,800

$532,200

2019

$7,213 (+9.9%)

$321,300 + $185,600

$506,900

2018

$6,566 (+3.4%)

$300,100 + $173,300

$473,400

2017

$6,350 (+0.5%)

$286,900 + $165,700

$452,600

2016

$6,319 (+6.7%)

$273,100 + $162,700

$435,800

2015

$5,921 (+3.2%)

$252,400 + $150,400

$402,800

2014

$5,737 (+16.7%)

$243,900 + $145,300

$389,200

2013

$4,914 (+1.7%)

$237,000 + $91,900

$328,900

2012

$4,831 (+2.8%)

$249,500 + $91,900

$341,400

2011

$4,698

$249,500 + $90,900

$340,400

2010

$4,698 (+2.8%)

$249,500 + $90,900

$340,400

2009

$4,572

$285,400 + $60,700

$346,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

1960

Sq. Ft.

1,048

Year built

1953

Style

Single Family Residential

County

Middlesex County

APN

737490

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 4
AttachedGarageYN: Yes
Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street, Stone/Gravel, Paved

Interior

Bedroom Information
Main Level Bedrooms: 1

Master Bedroom Information
Area: 187
Length: 17
Width: 11
Level: Main,First
Features: Cathedral Ceiling(s),Closet,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet,Remodeled

Bedroom #2 Information
Area: 126
Length: 14
Width: 9
Level: First
Features: Closet,Flooring - Hardwood

Bathroom Information
# of Bathrooms (Full): 2
Master Bathroom Features: Yes

Bathroom #1 Information
Level: First
Features: Bathroom - Full,Remodeled

Bathroom #2 Information
Level: First
Features: Bathroom - 3/4,Bathroom - Tiled With Shower Stall,Flooring - Hardwood,Remodeled

Living Room Information
Area: 216
Length: 18
Width: 12
Level: First
Features: Cathedral Ceiling(s),Flooring - Hardwood,Exterior Access,Open Floorplan,Remodeled,Wainscoting

Kitchen Information
Area: 276
Length: 23
Width: 12
Level: First
Features: Flooring - Hardwood,Dining Area,Countertops - Stone/Granite/Solid,French Doors,Kitchen Island,Cabinets - Upgraded,Open Floorplan,Remodeled,Stainless Steel Appliances,Wine Chiller

Basement Information
Basement: Full, Interior Entry, Bulkhead, Sump Pump

Laundry Information
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1

Interior Features
# of Rooms (Total): 6
Door Features: Insulated Doors, Storm Door(s)
Window Features: Insulated Windows, Screens
Flooring: Hardwood

Exterior

Building Information
Building Area (Total): 1,196
Foundation Area: 99,999,999
Foundation Details: Block
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Actual,Renovated Since
Color: tan

Exterior Features
Roof: Shingle
Exterior Features: Rain Gutters, Screens

Property Information
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.35
Lot Features: Corner Lot, Level
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $5,736.81
Tax Year: 2014

Utilities

Utility Information
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 200+ Amp Service

Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Propane
Cooling: Central Air

Location

Location Information
Directions: Corner of Franklin and William
UnparsedAddress: 397 Franklin Street, Reading MA 01867

Community Information
Senior CommunityYN: No
Community Features: Shopping, Tennis Court(s), Park, Golf, Conservation Area, Highway Access, Public School

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,048
Stories: 1.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1960
County: Middlesex County
APN: 737490

Home facts updated by county records on Jul 16, 2026

Other

Miscellaneous Information
Heat Zones: 1

Listing Information
StandardStatus: Closed

Around this home

Schools

Wood End Elementary School

Public K-5 • Assigned • 0.4mi

9/10

Arthur W Coolidge Middle School

Public 6-8 • Assigned • 0.8mi

9/10

Reading Memorial High School

Public 9-12 • Assigned • 1.1mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.46% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 97° expected this year, 14 days in 30 years

6/10 Wind Factor

50% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Reading, MA • 01867

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$808,000 – $978,000

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Home values near 397 Franklin St

Data from public records.

Address	Redfin Estimate
410 Franklin St, Reading, MA 3 Beds \| 2 Baths \| 2088 Sq. Ft.	$1,017,957
391 Franklin St, Reading, MA 3 Beds \| 1 Baths \| 1276 Sq. Ft.	$740,375

Address	Redfin Estimate
413 Franklin St, Reading, MA 2 Beds \| 1 Baths \| - Sq. Ft.	$785,326
385 Franklin St, Reading, MA 4 Beds \| 1.5 Baths \| 2382 Sq. Ft.	$842,042

Address	Redfin Estimate
405 Franklin St, Reading, MA 2 Beds \| 1 Baths \| 1126 Sq. Ft.	$655,689
381 Franklin St, Reading, MA 3 Beds \| 1 Baths \| 1048 Sq. Ft.	$783,292

Property information provided by MLS PIN when last listed in 2014. This data may not match . Learn more.

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