NOT LISTED FOR SALE

1 Timber Ln North Reading, MA 01864

Estimated Value: $854,000 - $1,017,000

3 Beds
2.5 Baths
2,053 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $825,000 $402 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,946/month

4 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Property is near public transit
  • Batchelder School Rated A
  • Deck
  • Family Room with Fireplace

About This Home

As of August 2023

WELCOME to this beautiful home in the desirable CHESTNUT VILLAGE neighborhood. Spacious open dining room & living room w/ fireplace. Kitchen w/ vaulted ceiling & stainless appliances w/ amazing adjoining sunroom & deck. Features 3 bedrooms w/ hardwood floors & 3 baths w/ tiled floors. The lower level includes a large family room w/ a fireplace. Laundry/utility room & exercise room w/ slider door to a very private screened porch & brick patio to a fabulous yard that includes a firepit & waterfall. Gorgeous Primary Bedroom has a custom bath & sliders to a private deck leading to a private hot tub. Large Deck & screened porch. PASSED Title V Cert in hand. Great storage space throughout. See Inclusion list for all items to be left as gifts. See you @ the OPEN HOUSES on FRIDAY the 14th from 5:00 to 6:30. SATURDAY the 15th & SUNDAY the 16th from 11:00 to 12:30!

Last Agent to Sell the Property

Jan Triglione

Premier Realty Group, Inc. Listed on: 07/12/2023

Last Buyer's Agent

Chuha & Scouten Team

Leading Edge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,238

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot
  • Sprinkler System
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Split Level Home
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,053 Sq Ft Home
  • Chair Railings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Home Gym
  • Storm Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Dual Closets
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Batchelder Elementary School
  • NRMS Middle School
  • NRHS High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:057.0 B:0000 L:0040.0,720627

Community Details

Overview

  • No Home Owners Association
  • Chestnut Village Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,238

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Raised Ranch
  • Year Built: 1964
  • Levels: Split Entry
  • Buyer Agency: 2
  • Subdivision Name: CHESTNUT VILLAGE
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
  • Interior Amenities: Recessed Lighting, Sun Room, Exercise Room
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood, Lighting - Pendant, Closet - Double
  • Room Bedroom2 Area: 145.722222
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Area: 113.777777
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Exterior Access, Lighting - Overhead, Closet - Double
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 176.416666
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
  • Bathroom 3 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Chair Rail, Lighting - Overhead
  • Room Dining Room Level: Second
  • Room Dining Room Area: 143.736111
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood, Recessed Lighting
  • Room Family Room Area: 282.381944
  • Room Kitchen Level: Second
  • Room Kitchen Features: Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
  • Room Kitchen Area: 156.902777
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
  • Room Living Room Level: Second
  • Room Living Room Area: 274.444444
  • Room Living Room Features: Flooring - Hardwood, Lighting - Overhead
  • Basement: Full, Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
  • Living Area: 2053
  • Spa Features: Private
  • Spa YN: Yes
  • MAIN LO: B95198
  • LIST PRICE PER Sq Ft: 353.14
  • PRICE PER Sq Ft: 401.85
  • MAIN SO: AN4643
  • Insulation: Fiberglass

Exterior Features

  • Exterior Features: Porch - Screened, Deck - Vinyl, Patio, Patio - Enclosed, Rain Gutters, Hot Tub/Spa, Storage, Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 125
  • Home Warranty YN: No
  • Patio And Porch Features: Screened, Deck - Vinyl, Patio, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, Paved Drive, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Utilities: Washer Hookup
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Golf, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:057.0 B:0000 L:0040.0,720627
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Sq Ft: 20038
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 305
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9238
  • Tax Book Number: 43086

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Nrhs
  • Elementary School: Batchelder
  • Middle Or Junior School: Nrms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2004
Sold by
Mallett Patricia M and Mallett William J
Bought by
Hess Kathleen P and Hess Stephen M
Current Estimated Value
$914,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1988
Sold by
Michelhaug Thomas A
Bought by
Mallett William J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hess Kathleen P $470,000 --
Mallett William J $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maguire Thomas J $656,250
Closed Maguire Danielle L $660,000
Closed Hess Kathleen P $450,000
Closed Hess Stephen M $240,000
Closed Michelhaugh Thomas A $290,000
Closed Hess Kathleen P $330,000
Previous Owner Mallett Patricia $100,000
Previous Owner Mallett Patricia M $150,800
Previous Owner Michelhaugh Thomas A $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $825,000 +13.8% $402 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $725,000 -- $353 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,225 $782,900 $424,400 $358,500
2024 $9,347 $707,600 $385,700 $321,900
2023 $9,238 $660,300 $350,800 $309,500
2022 $8,985 $599,000 $321,700 $277,300
2021 $15,066 $598,800 $324,200 $274,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73135130

MLS Property Information Network (MLS PIN)

APN: NREA-000057-000000-000040