NOT LISTED FOR SALE

40 Oak St Reading, MA 01867

Estimated Value: $980,892 - $1,011,000

3 Beds
3 Baths
1,983 Sq Ft
$503/Sq Ft Est. Value

About This Home

This home is located at 40 Oak St, Reading, MA 01867 and is currently estimated at $997,473, approximately $503 per square foot. 40 Oak St is a home located in Middlesex County with nearby schools including Joshua Eaton Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Young Meghan A and Tafoya Benedict J
Bought by
Meliek David and Meliek Mackenzie
Current Estimated Value
$997,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$747,354
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,119

Purchase Details

Closed on
Nov 30, 1999
Sold by
Sullivan Robert B and Sullivan Kimberly
Bought by
Young Meghan A

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
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Meliek David $1,000,000 None Available
Meliek David $1,000,000 None Available
Young Meghan A $348,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meliek David $750,000
Closed Meliek David $750,000
Previous Owner Young Meghan A $200,000
Previous Owner Young Meghan A $228,000
Previous Owner Young Meghan A $180,000
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 $9,851 $864,900 $437,400 $427,500
2024 $9,737 $830,800 $420,100 $410,700
2023 $9,431 $749,100 $378,800 $370,300
2022 $9,078 $681,000 $344,400 $336,600
2021 $8,778 $635,600 $330,000 $305,600
2020 $8,437 $604,800 $314,000 $290,800
2019 $11,790 $576,100 $299,100 $277,000
2018 $4,720 $543,300 $282,100 $261,200
2017 $7,190 $512,500 $266,100 $246,400
2016 $7,114 $490,600 $266,500 $224,100
2015 $6,665 $453,400 $246,300 $207,100
2014 $6,456 $438,000 $237,900 $200,100
Source: Public Records

Map

Massachusetts Middlesex County Reading 01867

40 Oak St, Reading, MA

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