5 Palomino Drive, North Reading, MA, Massachusetts, property flyer

5 Palomino Drive, North Reading, MA, 01864 | $1,499,000

This timeless colonial is set within the Olde Coach neighborhood on a quiet cul-de-sac. The foyer showcases the curved bridal staircase and custom hardwood and Carrera marble flooring. Crown molding and 10’2” ceilings offer an elevated experience. The kitchen was completely transformed in 2023 with brand new appliances, a barn door pantry, wine fridge, and a bright breakfast nook. The fireplaced family room opens to an oversized deck for seamless indoor-outdoor living. Upstairs, the primary suite features two walk-in closets, a chandelier, and a spa-like bathroom with double vanities. French doors lead to the serene backyard framed by mature trees. In addition to Andersen windows, the home has been upgraded with a newer heating system (2017), NEW A/C (2020), a full kitchen renovation and NEW hot water heater (2023), refinished hardwood floors, NEW carpets, fresh paint on first floor (excluding LR/Office), NEW sprinkler board, and a NEW washer (2025). WELCOME HOME TO NORTH READING!

Features

Amenities: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Rooms: 10
Bedrooms: 4
Baths: 2 full / 1 half
Laundry: Flooring - Hardwood, Second Floor, Gas Dryer Hookup, Washer Hookup
Style: Colonial

Year Built: 1998
Garage: 2-car Attached
Basement: Walk-Out Access, Interior Entry, Garage Access, Unfinished
Approx Sq. Feet: 3,352
Acreage: 0.93
Est. Taxes: $17,387

Lot Desc: Cul-De-Sac, Wooded
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Plumbed For Ice Maker
MLS#: 73479915
Website: https://www.raveis.com
/eprop/73479915/5palominodrive_northreading_ma?source=qrflyer

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.
Listing by Kailyn Mccormack courtesy of Coldwell Banker Realty - Andovers/Readings Regional Phone: 978-475-2201

Room Information

Type	Description	Dimensions	Level
Bedroom 2	Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead	13.0 x 16.0	Second
Bedroom 3	Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead	13.0 x 14.0	Second
Bedroom 4	Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead	13.0 x 14.0	Second
Dining Room	Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Lighting - Pendant, Lighting - Overhead, Archway, Crown Molding	13.0 x 16.0	Main,First
Kitchen	Bathroom - Half, Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, French Doors, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Lighting - Overhead, Archway, Crown Molding	13.0 x 29.0	Main,First
Living Room	Flooring - Hardwood, French Doors, Exterior Access, Recessed Lighting, Lighting - Overhead, Crown Molding	14.0 x 20.0	Main,First
Master Bedroom	Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Pendant, Lighting - Overhead, Tray Ceiling(s)	19.0 x 26.0	Second

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5 Palomino Drive, North Reading, MA, 01864

$1,499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$1,199,200	$1,199,200	$1,199,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.250%	6.125%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.069%	6.235%	6.058%
Monthly Tax Payment	$1,449	$1,449	$1,449
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$6,622	$7,286	$10,039
Total Monthly Payment	$8,196	$8,860	$11,613

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.