Pending

$825,000

38 Peter Rd, North Reading, MA 01864

4beds

2,150sqft

$5,783/mo

Get pre-qualified

Single Family Residence

Built in 1964

1.1 Acres Lot

$864,200 Zestimate^®

$384/sqft

$-- HOA

What's special

Eat-in kitchenSpacious owners suiteGranite countertopsCovered balconyWhite shaker-style cabinetryStainless steel appliancesOpen-concept floor plan

Beautiful ranch style home located in a highly desirable neighborhood. This property has received many improvements over the past 10 years and is in excellent condition! Featuring an open-concept floor plan with an eat-in kitchen flowing into a living room with a fireplace. The kitchen has been updated with white shaker-style cabinetry, granite countertops, and stainless steel appliances. All of the bedrooms have hardwood floors including the spacious owners suite that has it's own private bathroom, walk in closet, and a covered balcony. The finished lower level offers plenty of room to entertain and walks out to the back yard with a modern patio. The 2 car garage is generous in size and has an adjacent workshop and storage area. This easy to maintain home is equipped with a young heat pump for heating and A/C, quality replacement windows installed in 2017, and a newer electric panel installed in 2022. The sellers will install a brand new septic system prior to closing!

14 days
277
11

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Closet, Flooring - Hardwood, Balcony - Exterior, Slider
Level: First
Area: 240
Dimensions: 16 x 15

Bedroom 2

Features: Closet, Flooring - Hardwood
Level: First
Area: 144
Dimensions: 12 x 12

Bedroom 3

Features: Closet, Flooring - Hardwood
Level: First
Area: 132
Dimensions: 11 x 12

Bedroom 4

Features: Flooring - Hardwood
Level: First
Area: 112
Dimensions: 14 x 8

Primary bathroom

Features: Yes

Bathroom 1

Features: Bathroom - Full, Bathroom - With Shower Stall
Level: First
Area: 72
Dimensions: 8 x 9

Bathroom 2

Features: Bathroom - Full, Bathroom - With Shower Stall
Level: First
Area: 40
Dimensions: 5 x 8

Kitchen

Features: Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Stainless Steel Appliances
Level: First
Area: 228
Dimensions: 19 x 12

Living room

Features: Closet, Flooring - Hardwood, Exterior Access
Level: First
Area: 192
Dimensions: 16 x 12

Heating

Heat Pump, Electric

Cooling

Heat Pump, Ductless

Appliances

Included: Electric Water Heater, Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Basement

Features

Bonus Room, Exercise Room
Flooring: Tile, Hardwood, Flooring - Vinyl
Doors: Insulated Doors
Windows: Insulated Windows
Basement: Full,Partially Finished,Walk-Out Access,Interior Entry,Garage Access
Number of fireplaces: 2
Fireplace features: Living Room

Interior area

Total structure area: 2,150
Total interior livable area: 2,150 sqft
Finished area above ground: 1,500
Finished area below ground: 650

Property

Parking

Total spaces: 8
Parking features: Under, Storage, Paved Drive, Off Street, Stone/Gravel
Attached garage spaces: 2
Uncovered spaces: 6

Features

Patio & porch: Patio
Exterior features: Patio, Balcony

Lot

Size: 1.1 Acres

Details

Additional structures: Workshop
Parcel number: M:030.0 B:0000 L:0015.0,718559
Zoning: RA

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Block
Roof: Shingle

Condition

Year built: 1964

Utilities & green energy

Electric: Circuit Breakers, 200+ Amp Service
Sewer: Private Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer

Community & HOA

Community

Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, House of Worship, Public School, Sidewalks

HOA

Has HOA: No

Location

Region: North Reading

Financial & listing details

Price per square foot: $384/sqft
Tax assessed value: $706,100
Annual tax amount: $9,222
Date on market: 9/18/2026
Road surface type: Paved

Estimated market value

$864,200

$821,000 - $907,000

$3,923/mo

Price history

Date	Event	Price
9/20/2026	Pending sale	$825,000$384/sqft
Source: MLS PIN #73574432 Report a problem
9/9/2026	Listed for sale	$825,000+65%$384/sqft
Source: MLS PIN #73574432 Report a problem
11/30/2017	Sold	$499,900$233/sqft
Source: Public Record Report a problem
10/26/2017	Pending sale	$499,900$233/sqft
Source: LAER Realty Partners #72231593 Report a problem
10/20/2017	Price change	$499,900-5.7%$233/sqft
Source: LAER Realty Partners #72231593 Report a problem
9/20/2017	Listed for sale	$529,900$246/sqft
Source: LAER Realty Partners #72231593 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,222 +3.4%	$706,100 +4.6%
2024	$8,917 +5%	$675,000 +11.1%
2023	$8,496 +0.6%	$607,300 +7.8%
2022	$8,448 +0.6%	$563,200 +4.8%
2021	$8,398 -0.2%	$537,300 -0.4%
2020	$8,415 +5%	$539,400 +4.8%
2019	$8,017 +7.1%	$514,600 +12.4%
2018	$7,484 +1.3%	$458,000
2017	$7,388 +5.8%	$458,000 +7.6%
2016	$6,986 +2.1%	$425,700 +3.5%
2015	$6,839 +4.9%	$411,500 +3.7%
2014	$6,521 -0.8%	$396,900 -3.1%
2013	$6,573 +11.5%	$409,800
2012	$5,893 +2.7%	$409,800
2011	$5,737 +4.4%	$409,800 +0.5%
2010	$5,493 +0.8%	$407,800 -9.9%
2009	$5,448 -1.1%	$452,500 -5.5%
2008	$5,509 +0.9%	$479,000 -5.1%
2007	$5,460 +15.3%	$504,600 +13.5%
2006	$4,736 -0.9%	$444,700 +3.4%
2005	$4,780 +15.6%	$429,900 +21.6%
2004	$4,136 +4.9%	$353,500 +11.6%
2002	$3,943 +3.8%	$316,700 +28.9%
2001	$3,797 +3.5%	$245,600 +8.1%
2000	$3,667 +11.6%	$227,200 +14.7%
1997	$3,286	$198,100