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  3. North Reading, MA
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  5. Park Colony
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Park Colony

40 Main St., North Reading, MA, 01864

YEAR BUILT

1974

# STORIES

1

# TOTAL UNITS

37

UNIT SIZE RANGE

922-1,022 sqft

Description

Park Colony sits at 40 Main St. in North Reading, MA, near the corner of Main Street and Summer Street. This low-rise building has 1 story and consists of 37 condominium units. Construction completed in 1974. The nearby Shawsheen River adds a scenic touch to the area, creating a pleasant setting. Unit sizes range from 922 to 1,022 square feet and have either 1 or 2 bedrooms. Prices for the units fall between $310,000 and $318,000. The average closed price over the past year is $310,000, with the average price per square foot at $487. These units spend about 36 days on the market. The building comes with various amenities to support an active lifestyle. There is a pool, tennis courts, and recreational facilities for residents. The property also has laundry facilities, bike paths, and easy access to public transportation. Nearby areas include parks and golf options for outdoor enjoyment. Dining options nearby include restaurants like Beyond Bagels and Joe Fish Seafood Restaurant. Papa Gino's also provides a casual dining experience. The surroundings combine local spots with opportunities for relaxation and leisure. Park Colony presents a straightforward living experience with solid features. Balancing comfort and convenience, this building welcomes a range of lifestyles. Residents enjoy both the tranquility of a low-rise structure and access to vibrant community amenities.

Building ImageMLS ID #73207030
Building ImageMLS ID #73207030
Building Image
Building ImageView Listing

Park Colony

40 Main St., North Reading, MA, 01864

YEAR BUILT

1974

# STORIES

1

# TOTAL UNITS

37

UNIT SIZE RANGE

922-1,022 sqft

Description

Park Colony sits at 40 Main St. in North Reading, MA, near the corner of Main Street and Summer Street. This low-rise building has 1 story and consists of 37 condominium units. Construction completed in 1974. The nearby Shawsheen River adds a scenic touch to the area, creating a pleasant setting. Unit sizes range from 922 to 1,022 square feet and have either 1 or 2 bedrooms. Prices for the units fall between $310,000 and $318,000. The average closed price over the past year is $310,000, with the average price per square foot at $487. These units spend about 36 days on the market. The building comes with various amenities to support an active lifestyle. There is a pool, tennis courts, and recreational facilities for residents. The property also has laundry facilities, bike paths, and easy access to public transportation. Nearby areas include parks and golf options for outdoor enjoyment. Dining options nearby include restaurants like Beyond Bagels and Joe Fish Seafood Restaurant. Papa Gino's also provides a casual dining experience. The surroundings combine local spots with opportunities for relaxation and leisure. Park Colony presents a straightforward living experience with solid features. Balancing comfort and convenience, this building welcomes a range of lifestyles. Residents enjoy both the tranquility of a low-rise structure and access to vibrant community amenities.

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Description

Park Colony sits at 40 Main St. in North Reading, MA, near the corner of Main Street and Summer Street. This low-rise building has 1 story and consists of 37 condominium units. Construction completed in 1974. The nearby Shawsheen River adds a scenic touch to the area, creating a pleasant setting. Unit sizes range from 922 to 1,022 square feet and have either 1 or 2 bedrooms. Prices for the units fall between $310,000 and $318,000. The average closed price over the past year is $310,000, with the average price per square foot at $487. These units spend about 36 days on the market. The building comes with various amenities to support an active lifestyle. There is a pool, tennis courts, and recreational facilities for residents. The property also has laundry facilities, bike paths, and easy access to public transportation. Nearby areas include parks and golf options for outdoor enjoyment. Dining options nearby include restaurants like Beyond Bagels and Joe Fish Seafood Restaurant. Papa Gino's also provides a casual dining experience. The surroundings combine local spots with opportunities for relaxation and leisure. Park Colony presents a straightforward living experience with solid features. Balancing comfort and convenience, this building welcomes a range of lifestyles. Residents enjoy both the tranquility of a low-rise structure and access to vibrant community amenities.

Park Colony Market Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price$310,000($487/Sqft.)
Year over year list price0.00%
Year over year sale priceDown Arrow 0.03%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market36 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list price0.00%
Year over year sale priceDown Arrow0.03%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market36 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Park Colony Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 191963711362024-04-05
MLS#: 73207030 		Closed$310,000
Unit 222297021502023-07-06
MLS#: 73112670 		Closed$318,000
Unit 161673821362022-08-24
MLS#: 73014081 		Closed$307,000
Unit 16
16

2 Beds

1 Baths

738 sqft

DateStatusPrice
2022-08-24Closed$307,000
MLS#: 73014081
Days On Market36
Unit 19
19

1 Beds

1 Baths

637 sqft

DateStatusPrice
2024-04-05Closed$310,000
MLS#: 73207030
Days On Market36
Unit 22
22

2 Beds

1 Baths

970 sqft

DateStatusPrice
2023-07-06Closed$318,000
MLS#: 73112670
Days On Market50
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Living at Park Colony comes with some delightful perks. Imagine spending your weekends unwinding at the sparkling pool or some friendly competition at the tennis courts. If you're a golf enthusiast, you'll appreciate the close proximity to great courses. Additionally, enjoy leisurely strolls with access to bike paths or take a moment to relax in nearby parks. And for those busy days, laundry facilities are right on-site! The building’s strategic location also ensures easy access to highways and public transportation.

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Amenities Description

Living at Park Colony comes with some delightful perks. Imagine spending your weekends unwinding at the sparkling pool or some friendly competition at the tennis courts. If you're a golf enthusiast, you'll appreciate the close proximity to great courses. Additionally, enjoy leisurely strolls with access to bike paths or take a moment to relax in nearby parks. And for those busy days, laundry facilities are right on-site! The building’s strategic location also ensures easy access to highways and public transportation.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Pool

Pool

Laundry

Laundry

Tennis Court(s)

Tennis Court(s)

Storage

Storage

Balcony

Balcony

Policies

Park Colony offers a reasonable set of building policies, easing the minds of first-time buyers. With some restrictions in place, you can feel secure knowing your living environment will maintain quality standards.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Park Colony$487/sqft.$2 /sqft.
40 Main St$487/sqft.$2 /sqft.
44 Main St$442/sqft.$2 /sqft.
Park Colony Condominium$442/sqft.$2 /sqft.
Park Colony Condominiums$473/sqft.$2 /sqft.
38 Main St$473/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to Park Colony.

E Ethel Little School

B+
Public|Grades PK–5
7 Barberry Rd|0.85 miles away

Wood End Elementary School

B
Public|Grades KG–5
85 Sunset Rock Ln|1.47 miles away

North Reading Middle School

A-
Public|Grades 6–8
189 Park St|1.91 miles away

North Reading High School

A
Public|Grades 9–12
189 Park St|1.92 miles away

L D Batchelder

A
Public|Grades KG–5
175 Park St|2.11 miles away

The May Center School for Autism Developmntl Disabilties

--
Private|Grades KG–12
50 Concord St Ste ...|2.25 miles away
Next

Schools

E Ethel Little School

B+
Public|Grades PK–5
7 Barberry Rd|Less than 1 Mile Away

Wood End Elementary School

B
Public|Grades KG–5
85 Sunset Rock Ln|1.47 Miles Away

North Reading Middle School

A-
Public|Grades 6–8
189 Park St|1.91 Miles Away

North Reading High School

A
Public|Grades 9–12
189 Park St|1.92 Miles Away

L D Batchelder

A
Public|Grades KG–5
175 Park St|2.11 Miles Away

The May Center School for Autism Developmntl Disabilties

--
Private|Grades KG–12
50 Concord St Ste ...|2.25 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Park Colony

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Park Colony Demographics

Age Demographics

0–14 Years

20.12%

15–29 Years

14.59%

30–44 Years

23.17%

45–59 Years

21.74%

60+ Years

20.38%

Commute

3.09%

Transit

1.92%

Walk

74.55%

Drive

0.01%

Bike

Housing Ownership

75.83%

Owner Occupied

24.17%

Rental Units

Household Types

Single Family
43.69%
Multi Family
6.56%
Single Person
25.59%
Multi Person
74.41%

Average Income

Household:$12,314,654.6 /yr

Individual:$5,827,322.13 /yr

Education

Bachelors Degree36.49%
High School College18.68%
Diploma4.83%
Post Graduate23.77%
Others16.24%
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Education

Diploma4.83%
Post Graduate23.77%
Others16.24%
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  2. /North Reading, MA
  3. /
    Park Colony
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