$1,999,900

245 Elm St North Reading, MA 01864

$10,000
Closing credit¹
4 beds
3 full
3,313 sqft
6.9 acres
$604 / sqft
House

Property details

About 245 Elm St

Set along Elm Street, behind beautiful, custom-built stone walls, this large Federal style home is the centerpiece to what was once (and could be again) a majestic seven-acre equestrian property. The possibilities here are endless: A fully-restored, grand historic home on nearly seven lush acres with a restored barn, revitalized paddocks, and re-instated in-ground pool. Or, several new, beautiful homes developed behind the existing one, each on 40,000 square foot lots. Or, potentially something completely different. The canvas is nearly blank, and so it only takes the imagination of the next homeowner, builder, or developer to bring it all back to life! (Also listed as LAND MLS# 73354981)

Highlights

Home typeSingle Family Residence
HeatingForced Air, Oil
StatusActive
Size3,313 sqft
BasementYes
Lot size6.9 Acres
Year built1800
ParkingOff Street, Paved
MLS #73354977

Summary

  • Full Bathrooms: 3
  • Appliances: Water Heater, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Carpet
  • Interior: Sun Room
  • Total Bedroom Count: 4
  • Parking: Off Street, Paved
  • Exterior: Porch, Barn/Stable, Paddock
  • Architectural Style: Antique, Federal
  • Heating: Forced Air, Oil
  • Cooling: None
  • List Price: $1,999,900
  • Price/SqFt: $603
  • Annual Tax Amount: $12,835
  • Tax Year: 2024
  • Lot: Level
  • Directions: Elm Street is Route 62
  • Year Built: 1800
  • Living Area: 3,313 SqFt
  • Lot Size: 6.9 Acres
  • MLS Number: 73354977
  • MLS Name: MLS Property Information Network
  • Office Name: Distinctly New England
  • Office Phone: (978) 443-3141
  • Listing Agent: Richard Wilcox

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 11:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

245 Elm St, North Reading, MA 01864 - view of front of property featuring driveway, an attached garage, and a chimney

$1,999,900

245 Elm St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$971,600$12,835
2023$888,800$12,434
2022$790,900$11,864
2021$740,900$11,580
2020$754,000$11,762
2019$741,300$11,549

History based on county public records data.

Nearby schools

10

L.D. Batchelder Elementary School

Public District KG-5

0.6 mi

175 Park St

9

J. Turner Hood Elementary School

Public District KG-5

1.7 mi

298A Haverhill St

5

John E. Burke Elementary School

Public District KG-5

2.5 mi

127 Birch St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $121,719. Typical income of North Reading, MA residents is between $100k-200k annually. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

4%
<35k
31%
35k-100k
42%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

14%
Single, No Kids
5%
Single, with Kids
37%
Married, No Kids
44%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
12%
12-17 yrs old
11%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 245 Elm St

The listing price of 245 Elm St property is $1,999,900.

The property 245 Elm St is a house located in North Reading, Massachusetts, 01864.

Active Listing: 245 Elm St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 245 Elm St are: L.D. Batchelder Elementary School (GreatSchools Rating 10/10), J. Turner Hood Elementary School (GreatSchools Rating 9/10), John E. Burke Elementary School (GreatSchools Rating 5/10), North Reading Middle School (GreatSchools Rating 7/10), Lynnfield Middle School (GreatSchools Rating 8/10), Arthur W. Coolidge Middle School (GreatSchools Rating 7/10), North Reading High School (GreatSchools Rating 7/10), Lynnfield High School (GreatSchools Rating 7/10), Reading Memorial High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $12,835 (source: MLS/based on county public records data).

The property at 245 Elm St has 4 bedrooms and 3 bathrooms.

The property 245 Elm St is 3,313 SqFt (source: MLS/tax record).

The year of construction for 245 Elm St is 1800.

This home is located at 245 Elm St in North Reading, MA and zip code 01864. This 3,313 square foot home, which was built in 1800, sits on a 6.90 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $1,999,900.

While more than 13 listings in North Reading, MA in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. Between April and May 2025, North Reading, MA real estate market has seen decrease in the number of listings by 6.5%. In May 2025 median list price was $770,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

More resources