NOT your COOKIE CUTTER COLONIAL! Take a FRESH LOOK at this truly beautiful home on a TREE LINED STREET. SPACIOUS ROOMS, HIGH CEILINGS and fabulous VERSATILE FLOOR PLAN, loaded with STYLE and CHARM, gorgeous period detail, front & rear staircases. Lovely entry foyer, formal living room & formal dining room open to FIRST FLOOR OFFICE, updated full bath, and NEW DESIGNER eat-in KITCHEN with WHITE cabinetry, STAINLESS appliances & MUD ROOM. ALL FOUR BEDROOMS on the second floor plus another UPDATED FULL BATH. Lower level offers large GAME ROOM, PLAYROOM, MAN CAVE or GUEST ROOM options with its own 1/2 bath and easy access to BACK PATIO and HUGE LEVEL back yard a stone’s throw from MEMORIAL PARK. Quick access to Reading Center, schools, Lake Quannapowitt, and major highways.
Single-familyProperty Type
1880Year Built
0.27 acresLot Size
$369Est. Price/Sq.Ft.
4 spacesParking
Listed by The Janice Sullivan Team• LAER Realty Partners
Bought with Anthony Castellano• Lamacchia Realty, Inc.
Charming & lovingly-maintained family home close to town ctr, bus, commuter rail & Memorial Park. Features include front & rear stairways. 8' clgs, spacious rooms, & lots of storage space. Walk-out basement leads to pretty fenced yard with patio & shed. Many updates incl. roof, vinyl windows, heat. Great opportunity to get into Reading at an affordable price and have easy access to hwy, park & downtown area. Pls allow 48 hrs on offers.
Year
Property tax
Land + Additions
Assessment*
2025
$9,604 (+0.2%)
$461,800 + $381,400
$843,200
2024
$9,582 (+6.9%)
$447,800 + $369,800
$817,600
2023
$8,967 (+5.3%)
$390,100 + $322,100
$712,200
2022
$8,515 (+2.4%)
$349,900 + $288,900
$638,800
2021
$8,315 (+8.4%)
$335,900 + $266,200
$602,100
2020
$7,670 (+2.9%)
$329,100 + $220,700
$549,800
2019
$7,452 (+9.8%)
$313,500 + $210,200
$523,700
2018
$6,784 (+3.4%)
$292,800 + $196,300
$489,100
2017
$6,560 (+4.7%)
$279,900 + $187,700
$467,600
2016
$6,265 (+6.8%)
$266,500 + $165,600
$432,100
2015
$5,868 (+3.2%)
$246,200 + $153,000
$399,200
2014
$5,685 (+7.5%)
$237,900 + $147,800
$385,700
2013
$5,289 (+2.0%)
$235,200 + $118,800
$354,000
2012
$5,185 (−1.6%)
$247,600 + $118,800
$366,400
2011
$5,269
$247,600 + $134,200
$381,800
2010
$5,269 (+3.0%)
$247,600 + $134,200
$381,800
2009
$5,115
$280,000 + $107,200
$387,200
Tax history for 40 Pearl St
Year
Property tax
Land + Additions
Assessment*
2025
$9,604 (+0.2%)
$461,800 + $381,400
$843,200
2024
$9,582 (+6.9%)
$447,800 + $369,800
$817,600
2023
$8,967 (+5.3%)
$390,100 + $322,100
$712,200
2022
$8,515 (+2.4%)
$349,900 + $288,900
$638,800
2021
$8,315 (+8.4%)
$335,900 + $266,200
$602,100
2020
$7,670 (+2.9%)
$329,100 + $220,700
$549,800
2019
$7,452 (+9.8%)
$313,500 + $210,200
$523,700
2018
$6,784 (+3.4%)
$292,800 + $196,300
$489,100
2017
$6,560 (+4.7%)
$279,900 + $187,700
$467,600
2016
$6,265 (+6.8%)
$266,500 + $165,600
$432,100
2015
$5,868 (+3.2%)
$246,200 + $153,000
$399,200
2014
$5,685 (+7.5%)
$237,900 + $147,800
$385,700
2013
$5,289 (+2.0%)
$235,200 + $118,800
$354,000
2012
$5,185 (−1.6%)
$247,600 + $118,800
$366,400
2011
$5,269
$247,600 + $134,200
$381,800
2010
$5,269 (+3.0%)
$247,600 + $134,200
$381,800
2009
$5,115
$280,000 + $107,200
$387,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 100 Amp Service
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas
Location
Location Information
Directions: Salem Street or Charles St to Pearl
UnparsedAddress: 40 Pearl Street, Reading MA 01867
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,416
Stories: 2.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1880
Year Renovated: 1960
County: Middlesex County
APN: 734508
Home facts updated by county records on Jul 16, 2026
Other
Miscellaneous Information
Heat Zones: 2
Listing Information
StandardStatus: Closed
Around this home
Schools
J. Warren Killam Elementary School
Public K-5 • Assigned • 1.0mi
8/10
Walter S Parker Middle School
Public 6-8 • Assigned • 0.9mi
7/10
Reading Memorial High School
Public 9-12 • Assigned • 0.7mi
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 97° expected this year, 15 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)
33
19
35
20
50
32
59
40
68
51
79
61
84
65
80
59
75
55
64
45
52
36
38
24
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
$1.02M – $1.24M
Reach more buyers when you sell with Redfin. Save up to $10,771 in fees.3 minutes to get started.