NOT LISTED FOR SALE

12 Timberneck Dr Reading, MA 01867

Reading Area

Estimated Value: $803,000 - $1,009,000

2 Beds
2 Baths
2,379 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2021

Last sale price $605,000 $254 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,618 / mo

About This Home

This ranch style home is much larger than it appears! The first floor offers a large living room with fireplace, dining room, two bedrooms and kitchen with adjacent heated mudroom. Hardwood flooring in the bedrooms, living and dining rooms. The one car garage has ample room for storage. The finished walk-out lower level adds tremendous living space with tile flooring, recessed lighting, full bathroom, kitchenette, family room, storage and extra closet space. Additional bonus room in lower level could be used as a 3rd bedroom/home office/exercise space. Privacy awaits you in the tranquil and lush backyard, abutting roughly 100 acres of conservation land. Enjoy this lovely setting on either of the two decks that overlook the 20x44 in-ground swimming pool. A wonderful Reading location, just under a mile from Route 95/128, minutes to Lake Quannapowitt and MarketStreet in Lynnfield. Showings begin at Open Houses: Saturday, 6/5 from 1:00-2:30pm and Sunday, 6/6 from 11:00-12:30pm.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 27, 2021
Sold by
Bought by
Seller's Agent
Stephanie Rooney
Century 21 North East
Buyer's Agent
Maria Silveira
Century 21 North East
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
Current Estimated Value
$899,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,174
Avg. Annual Appreciation
8.11%
Original Mortgage
$574,750
Outstanding Balance
$511,764
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,410

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1992
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 1988
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$605,000 None Available
-- --
$170,000 --
$176,500 --
$152,600 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $574,750
Closed $160,000
Previous Owner $174,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Sold $605,000 +0.9% $254 / Sq Ft View Prior Sale
06/08/2021 06/08/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $599,900 -- $252 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,214 $721,200 $478,800 $242,400
2024 $8,124 $693,200 $459,900 $233,300
2023 $7,885 $626,300 $414,700 $211,600
2022 $8,127 $609,700 $377,000 $232,700
2021 $7,924 $573,800 $361,200 $212,600
2020 $7,625 $546,600 $343,700 $202,900
2019 $7,417 $521,200 $327,400 $193,800
2018 $6,827 $492,200 $308,800 $183,400
2017 $6,523 $464,900 $291,300 $173,600
2016 $5,942 $409,800 $261,000 $148,800
2015 $5,580 $379,600 $241,200 $138,400
2014 $5,411 $367,100 $233,000 $134,100
Source: Public Records

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