Active
2 Days on market
38 Peter Rd North Reading — Photo 1 of 42

38 Peter Rd North Reading — Photo 1 of 42

$825,000

38 Peter Rd, North Reading, MA 01864

North Reading, MA 01864

Beds

4

Baths

2

SqFt

2,150

Style

Single Family

Built

1964

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!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$384/sqft
Local Avg (North Reading)$386/sqft
1% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within North Reading, MA.

Property Details

Financials

Original Price$825,000
Annual Taxes$9,222

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
Fireplaces2
FlooringTile, Hardwood, Flooring - Vinyl
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingHeat Pump, Electric
CoolingHeat Pump, Ductless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres1.1
SqFt Lot48,003
Lot Features--

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2
Living Room
Lvl First

16 x 12

Closet, Flooring - Hardwood, Exterior Access

Kitchen
Lvl First

19 x 12

Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Stainless Steel Appliances

Master Bedroom
Lvl First

16 x 15

Closet, Flooring - Hardwood, Balcony - Exterior, Slider

Bedroom 2
Lvl First

12 x 12

Bedroom 3
Lvl First

11 x 12

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

14 x 8

Flooring - Hardwood

Bathroom 1
Lvl First

8 x 9

Bathroom - Full, Bathroom - With Shower Stall

Bathroom 2
Lvl First

5 x 8

Bathroom - Full, Bathroom - With Shower Stall

Population

15,765

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$148K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

15.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,150 sq ft principal dwelling). Lot size: 48,003 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Kanniard Residential Group

Listing Office: LAER Realty Partners

MLS® Number: 73574432

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