Seller's Agent in 2025
David Ladner
RE/MAX
34 in this area
333 Total Sales
40 Estate Ln Reading, MA 01867
5
Beds
4
Baths
3,215
Sq Ft
1.16
Acres
Highlights
- Golf Course Community
- Medical Services
- Open Floorplan
- Birch Meadow Elementary School Rated A-
- 1.16 Acre Lot
- Colonial Architecture
About This Home
As of February 2025Rare opportunity located steps from Birch Meadow Elementary, the Burbank YMCA, and top Reading schools. This impressive 5BR/4BA Colonial is nestled at the end of a cul-de-sac in a sought-after neighborhood. The first floor boasts a spacious foyer, a bright living room with gleaming hardwood floors and fireplace, an eat-in kitchen, formal dining room, family room with cathedral ceilings and fireplace, mudroom with countertop and sink, and a generously sized 2-car garage. Upstairs, find 4 bedrooms, a full bath plus a primary suite with cathedral ceilings, an en suite bath and walk-in closet. The updated lower level features a family room with built-ins and a stone fireplace, a guest suite with a glass shower, kitchenette, and a large bedroom. Laundry, and storage are also on this level. Pride in ownership and lovingly maintained for 25 years. 1st showing at 1st Open House on Saturday, 1/25, at 11:00 AM to 12:30 PM - No Exceptions. Your next chapter starts here!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,390
Year Built
- Built in 1993 | Remodeled
Lot Details
- 1.16 Acre Lot
- Cul-De-Sac
- Street terminates at a dead end
- Wooded Lot
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Workshop in Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Blown Fiberglass Insulation
- Blown-In Insulation
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,215 Sq Ft Home
- Open Floorplan
- Central Vacuum
- Chair Railings
- Crown Molding
- Wainscoting
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Picture Window
- French Doors
- Sliding Doors
- Insulated Doors
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Area
- Bonus Room
Kitchen
- Range
- Plumbed For Ice Maker
- Second Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Dual Closets
- Walk-In Closet
- 4 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Balcony
- Deck
- Outdoor Storage
- Rain Gutters
Schools
- Birch Meadow Elementary School
- Coolidge Middle School
- Reading High School
Utilities
- Ductless Heating Or Cooling System
- Central Air
- 2 Cooling Zones
- 4 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- 200+ Amp Service
- Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 736295
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
Feb 28, 2025
Sold by
Knap Anna K and Frechette Roger F
Bought by
Bhavsar Mayank and Kotecha Shweta
Seller's Agent
David Ladner
RE/MAX Harmony
Buyer's Agent
David Ladner
RE/MAX Harmony
List Price
$1,349,900
Sold Price
$1,500,000
Premium/Discount to List
$150,100
11.12%
Views
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,130
Avg. Annual Appreciation
4.65%
Original Mortgage
$750,000
Outstanding Balance
$746,286
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$812,844
Purchase Details
Closed on
Mar 15, 2000
Sold by
Thompson James W and Thompson Bridget A
Bought by
Frechette Robert F and Knap Anna K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,750
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 16, 1996
Sold by
Tarrh John M and Tarrh Barbara A
Bought by
Thompson James W and Travers Bridget A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,500,000 | None Available | |
| Quit Claim Deed | $1,500,000 | None Available | |
| Deed | $462,500 | -- | |
| Deed | $357,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Purchase Money Mortgage | |
| Closed | $750,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $323,750 | Purchase Money Mortgage | |
| Previous Owner | $423,075 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $1,500,000 | +11.1% | $467 / Sq Ft |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $1,349,900 | -- | $420 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $15,323 | $1,345,300 | $622,700 | $722,600 |
| 2024 | $15,390 | $1,313,100 | $607,800 | $705,300 |
| 2023 | $14,364 | $1,140,900 | $528,100 | $612,800 |
| 2022 | $14,347 | $1,076,300 | $498,200 | $578,100 |
| 2021 | $12,969 | $939,100 | $484,100 | $455,000 |
| 2020 | $12,746 | $913,700 | $471,000 | $442,700 |
| 2019 | $12,521 | $879,900 | $453,600 | $426,300 |
| 2018 | $12,085 | $871,300 | $449,100 | $422,200 |
| 2017 | $11,869 | $846,000 | $436,100 | $409,900 |
| 2016 | $12,319 | $849,600 | $400,100 | $449,500 |
| 2015 | $11,353 | $772,300 | $363,700 | $408,600 |
| 2014 | $11,223 | $761,400 | $363,700 | $397,700 |
Source: Public Records
Agents Affiliated with this Home
-
David Ladner
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73327526
APN: READ-000032-000000-000241
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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