NOT LISTED FOR SALE

1 Wells Rd Reading, MA 01867

Estimated Value: $865,000 - $926,000

5 Beds
3 Baths
2,146 Sq Ft
$418/Sq Ft Est. Value

About This Home

This home is located at 1 Wells Rd, Reading, MA 01867 and is currently estimated at $896,805, approximately $417 per square foot. 1 Wells Rd is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Arthur W. Coolidge Middle School, and Reading Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2010
Sold by
Lincoln Homes Corp
Bought by
Tcb Lincoln Woods Llc
Current Estimated Value
$896,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,205,853
Outstanding Balance
$1,486,236
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$575,221

Purchase Details

Closed on
Sep 30, 2010
Sold by
Brown Tr Thomas E and Brown Karen L
Bought by
Brown Thomas E and Brown Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2006
Sold by
Brown Tr Karen L and Brown Thomas E
Bought by
1 Wells Road Rt and Brown

Purchase Details

Closed on
Apr 14, 2006
Sold by
Brown Karen L and Macdonald Karen L
Bought by
Brown Karen L and Brown Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1993
Sold by
Upham George R and Upham Ruth M
Bought by
Brown Thomas E and Macdonald Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Tcb Lincoln Woods Llc $6,576,364 --
Brown Thomas E -- --
1 Wells Road Rt -- --
Brown Karen L -- --
Brown Thomas E $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Thomas E $100,000
Open Brown Thomas E $270,000
Closed Brown Thomas E $50,000
Open Tcb Lincoln Woods Llc $2,205,853
Previous Owner Brown Thomas E $282,000
Previous Owner Brown Karen L $200,000
Previous Owner Brown Karen L $100,000
Previous Owner Brown Thomas E $26,000
Previous Owner Brown Thomas E $192,000
Previous Owner Brown Thomas E $135,000
Previous Owner Brown Thomas E $140,000
Source: Public Records

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 $9,491 $833,300 $490,700 $342,600
2024 $9,382 $800,500 $471,400 $329,100
2023 $9,087 $721,800 $425,000 $296,800
2022 $8,747 $656,200 $386,400 $269,800
2021 $8,595 $622,400 $370,200 $252,200
2020 $8,263 $592,300 $352,300 $240,000
2019 $8,029 $564,200 $335,600 $228,600
2018 $7,380 $532,100 $316,500 $215,600
2017 $7,043 $502,000 $298,600 $203,400
2016 $6,761 $466,300 $267,500 $198,800
2015 $6,334 $430,900 $247,200 $183,700
2014 $6,138 $416,400 $238,900 $177,500
Source: Public Records

Map

Massachusetts Middlesex County Reading 01867

1 Wells Rd, Reading, MA

Homes for Sale in Reading, MA

This home is located at 1 Wells Rd, Reading, MA 01867 and is currently estimated at $896,805, approximately $417 per square foot. 1 Wells Rd is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Arthur W. Coolidge Middle School, and Reading Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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