Backup offers
$10,000 Closing Credit¹
#73356617, The Janice Sullivan Team, Listing Office: LAER Realty Partners
$1,999,900 List price
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
StatusAccepting Backup Offers
(Contingent)
(Contingent)
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
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: 4/29/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,999,900
245 Elm St
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
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. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
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/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Cracker Barrel
Little Caesars
What do the neighbors drive?
Infiniti
Lexus
Chevrolet
What do the neighbors listen to?
Adult Hits
Oldies
Country
All data provided by Home Junction and Claritas
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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.
Accepting Backup Offers: 245 Elm St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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.
In March 2025, from all listings sold in North Reading, MA there were more than 3 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in North Reading, MA between February and March 2025 increased by 35.3%. In March 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $739,900.
From Rocket Homes Real Estate and based on county public records data.