40 Forest St Reading, MA 01867
Estimated Value: $1,141,000 - $1,180,000
5
Beds
3
Baths
2,800
Sq Ft
$411/Sq Ft
Est. Value
About This Home
This home is located at 40 Forest St, Reading, MA 01867 and is currently estimated at $1,152,131, approximately $411 per square foot. 40 Forest St is a home located in Middlesex County with nearby schools including Birch Meadow 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 12, 2008
Sold by
Richardson Craig E and Gasser Melinda J
Bought by
Malley John J and Malley Michele J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 1998
Sold by
Wessels Mary J
Bought by
Richardson Craig E and Gasser Melinda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 1992
Sold by
Stoddard Richard C
Bought by
Cann Andrew B and Cann Elizabeth A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malley John J | $461,250 | -- | |
| Richardson Craig E | $271,000 | -- | |
| Cann Andrew B | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cann Andrew B | $304,000 | |
| Closed | Cann Andrew B | $305,000 | |
| Closed | Malley John J | $300,000 | |
| Previous Owner | Cann Andrew B | $60,000 | |
| Previous Owner | Cann Andrew B | $216,800 |
Source: Public Records
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 | $10,785 | $946,900 | $478,200 | $468,700 |
| 2024 | $10,661 | $909,600 | $459,300 | $450,300 |
| 2023 | $10,328 | $820,300 | $414,200 | $406,100 |
| 2022 | $9,940 | $745,700 | $376,500 | $369,200 |
| 2021 | $5,221 | $702,000 | $360,800 | $341,200 |
| 2020 | $9,319 | $668,000 | $343,300 | $324,700 |
| 2019 | $5,483 | $636,300 | $327,000 | $309,300 |
| 2018 | $6,023 | $598,200 | $308,400 | $289,800 |
| 2017 | $7,919 | $564,400 | $290,900 | $273,500 |
| 2016 | $7,095 | $489,300 | $260,700 | $228,600 |
| 2015 | $6,647 | $452,200 | $240,900 | $211,300 |
| 2014 | $6,441 | $437,000 | $232,800 | $204,200 |
Source: Public Records
Map
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