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Middlesex
47 Riverside Dr
$799,999
● House - For Sale

47 Riverside Dr

North Reading, MA 01864
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,282 Ft²
$4,722
Est. Monthly

About This Property

Exceptional opportunity for builders, developers, investors, or buyers looking to complete a substantial reconstruction in desirable North Reading. This property is currently under construction and being offered AS-IS, providing the next owner an opportunity to complete and customize an impressive Modern Farmhouse-style residence. Current plans feature approximately 3,282 SF of above-grade living area, plus approximately 1,000 SF of planned lower-level/basement space upon completion. The proposed layout features 6 bedrooms and 4.5 baths, including two primary en-suites, with a flexible floor plan designed for comfortable living. Plans also include an attached 2-car garage. A newly installed septic system is already in place. Situated on approximately 0.56 acres with scenic sloping landscape and views of the Ipswich River, the property offers tremendous potential in a desirable setting. Significant construction has already been undertaken, allowing the next owner to continue the project and select the remaining finishes. Convenient to shopping, major routes and area amenities. Property is an active construction site and is being sold AS-IS in its current condition. Buyer and buyer's agent to perform all due diligence regarding plans, permits, room configuration, measurements, construction status and completion requirements.
Unit Size
3,282 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$244
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
1971

Listed By

Dominion Okeke
Chinatti Realty Group, Inc.

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Last updated: 15 days ago (MLSPIN #73579788)

Price History

Date / Event Date Event Price
Sep 18, 2026 Listed by Chinatti Realty Group, Inc. $799,999
Listed by Chinatti Realty Group, Inc.
Jun 27, 2025 Sold
Sold
Apr 25, 2025 In contract -
In contract
Apr 16, 2025 Listed $595,000
Listed
Major value-add opportunity in North Reading! Expansive ranch on over half an acre along the Ipswich River featuring 6 bedrooms and 4 bathrooms. Includes two in-law or guest suite setups, offering versatile multigenerational living potential. Home requires a full renovation. Set on a quiet cul-de-sac with a wooded lot and peaceful river views. Sought-after location. Cash or rehab financing only. Property sold as-is. Private showings only.

Property Highlights

Garage
Parking Available
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Off Street, Paved
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Appliances: Water Heater
Rooms: 10
Has Fireplace
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 3282
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1971
Building Area Total: 3282
Building Area Units: Square Feet
Lot Features: Wooded, Sloped
Lot Size Area: 0.56
Lot Size Units: Acres
Lot Size Acres: 0.56
Lot Size Square Feet: 24250
Tax Lot: 0009.0
Water Source: Public
Financial Details
Tax Map Number: 077.0
Tax Assessed Value: $715,700
Tax Annual Amount: $9,519
Utilities Details
Cooling Type: Other
Heating Type: Other
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,552
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,281
  • Building Area: 2,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,281
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:077.0 B:0000 L:0009.0
  • Lot: 9.0
  • Municipality: NORTH READING
  • Latitude: 42.572
  • Longitude: -71.0387

    Address

  • Full Address: 47 Riverside Dr
  • Address - House Number: 47
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2929
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,030,600

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 867,409
  • High Value: 1,010,117
  • Low Value: 724,701

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $780,200
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $417,200
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 47 Riverside Drive built and last sold?
The property at 47 Riverside Drive was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 47 Riverside Drive is $807,999.
What are some comparable homes to 47 Riverside Drive?
There are currently no comparable homes to 47 Riverside Drive.