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.
For sale
$799,999
47 Riverside Dr, North Reading, MA 01864
6beds
3,282sqft
Single Family Residence
Built in 1971
0.56 Acres Lot
$-- Zestimate®
$244/sqft
$-- HOA
What's special
Scenic sloping landscapeTwo primary en-suites
- 9 days
- 1,361
- 39
Zillow last checked:
Listing updated:
Listed by:
Dominion Okeke 978-799-9186,
Chinatti Realty Group, Inc. 978-320-3377
Source: MLS PIN,MLS#: 73579788
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Other
Appliances
- Included: Water Heater
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 3,282
- Total interior livable area: 3,282 sqft
- Finished area above ground: 3,282
Property
Parking
- Total spaces: 6
- Parking features: Attached, Off Street, Paved
- Attached garage spaces: 2
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Scenic View(s), Water, River
- Has water view: Yes
- Water view: River,Water
Lot
- Size: 0.56 Acres
- Features: Wooded, Sloped
Details
- Parcel number: 721533
- Zoning: RA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1971
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Features: Shopping, Highway Access
HOA
- Has HOA: No
Location
- Region: North Reading
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $715,700
- Annual tax amount: $9,518
- Date on market: 9/19/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$5,181/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $799,999+24.8%$244/sqft |
Source: MLS PIN #73579788 Report a problem | ||
| 6/27/2025 | Sold | $641,000+7.7%$195/sqft |
Source: MLS PIN #73360646 Report a problem | ||
| 4/25/2025 | Contingent | $595,000$181/sqft |
Source: MLS PIN #73360646 Report a problem | ||
| 4/16/2025 | Listed for sale | $595,000$181/sqft |
Source: MLS PIN #73360646 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,347 -9.3% | $715,700 -8.3% |
| 2024 | $10,306 +9.7% | $780,200 +16.2% |
| 2023 | $9,393 +0.1% | $671,400 +7.4% |
| 2022 | $9,381 +4% | $625,400 +8.4% |
| 2021 | $9,022 +1.7% | $577,200 +1.5% |
| 2020 | $8,869 +1.8% | $568,500 +1.7% |
| 2019 | $8,709 +5.1% | $559,000 +10.2% |
| 2018 | $8,288 +6.4% | $507,200 +5% |
| 2017 | $7,789 +3.4% | $482,900 +5.2% |
| 2016 | $7,535 +2.5% | $459,200 +3.8% |
| 2015 | $7,351 +5.9% | $442,300 +4.7% |
| 2014 | $6,943 +0.6% | $422,600 -1.8% |
| 2013 | $6,902 +11.5% | $430,300 |
| 2012 | $6,188 +2.7% | $430,300 |
| 2011 | $6,024 +16.7% | $430,300 +12.3% |
| 2010 | $5,162 -0.3% | $383,200 -10.9% |
| 2009 | $5,180 +0.2% | $430,200 -4.3% |
| 2008 | $5,168 -0.7% | $449,400 -6.5% |
| 2007 | $5,202 +12% | $480,800 +10.2% |
| 2006 | $4,644 +7.1% | $436,100 +11.8% |
| 2005 | $4,338 +2.4% | $390,100 +7.8% |
| 2004 | $4,235 +4.7% | $362,000 +11.5% |
| 2002 | $4,044 -0.4% | $324,800 +23.7% |
| 2001 | $4,060 -0.8% | $262,600 +3.6% |
| 2000 | $4,091 +10.3% | $253,500 +13.4% |
| 1997 | $3,710 | $223,600 |
Find assessor info on the county website
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