5 Timber Ln North Reading, MA 01864
Estimated Value: $918,000 - $1,106,000
3
Beds
2
Baths
2,002
Sq Ft
$493/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Custom Closet System
- Family Room with Fireplace
- Batchelder School Rated A
- Deck
- Raised Ranch Architecture
About This Home
As of July 2022WELCOME HOME!! Every aspect of this home has been updated both the exterior and the Interior. The home sits on a beautiful corner lot in one of North Readings most sought after neighborhoods. The interior of the home has been recently painted with neutral colors, the hardwood floors have been restored with a darker stain, the living room is large with a working fireplace and opens to the dining room, the kitchen has been recently updated with maple cabinets and granite counter tops, The full bath has been updated with a new tile surround and new flooring. The bedrooms all have ample closets hardwood flooring and the primary bed room has a 3/4 bath.The lower level has a large fireplaces family room, a home office and a large laundry room. The two car garage is right off the lower level and is large with plenty of storage space. The backyard is large and has an inviting compost deck. Stop by and see this truly turn key home in Chestnut Village neighborhood.
Last Agent to Sell the Property
Coldwell Banker Realty - Andovers/Readings Regional Listed on: 05/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,510
Year Built
- Built in 1965
Lot Details
- 0.52 Acre Lot
- Corner Lot
- Property is zoned RA
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Raised Ranch Architecture
- Split Level Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 2,002 Sq Ft Home
- Ceiling Fan
- Recessed Lighting
- Insulated Doors
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Home Office
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Plumbed For Ice Maker
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Custom Closet System
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Laundry in Basement
Home Security
- Home Security System
- Storm Doors
Schools
- Batchelder Elementary School
- NRMS Middle School
- NRHS High School
Utilities
- Central Air
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
- Sewer Inspection Required for Sale
- Private Sewer
Additional Features
- Energy-Efficient Thermostat
- Deck
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number M:057.0 B:0000 L:0038.0,720625
Community Details
Overview
- No Home Owners Association
- Chestnut Village Subdivision
Amenities
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 6, 2016
Sold by
5 Timber Lane Rt
Bought by
Maureen A Oconnell Rv
Current Estimated Value
Purchase Details
Closed on
Aug 19, 2010
Sold by
Oconnell Maureen A
Bought by
5 Timber Lane Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.73%
Purchase Details
Closed on
Aug 9, 2010
Sold by
5 Timber Lane Rt
Bought by
Oconnell Maureen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.73%
Purchase Details
Closed on
Mar 4, 2008
Sold by
Oconnell Maureen A
Bought by
5 Timber Lane Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.8%
Purchase Details
Closed on
Mar 1, 2005
Sold by
Oconnell Maureen A
Bought by
5 Timber Lane Rt
Purchase Details
Closed on
Sep 28, 2000
Sold by
Shedd Daniel S and Shedd Susan C
Bought by
Oconnell Maureen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 1988
Sold by
Sennett A Richard
Bought by
Shedd Daniel S
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maureen A Oconnell Rv | -- | -- | |
| 5 Timber Lane Rt | -- | -- | |
| Oconnell Maureen A | -- | -- | |
| 5 Timber Lane Rt | -- | -- | |
| Oconnell Maureen A | -- | -- | |
| 5 Timber Lane Rt | -- | -- | |
| Oconnell Maureen A | $383,000 | -- | |
| Shedd Daniel S | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walsh Jonathan P | $60,000 | |
| Open | Walsh Jonathan P | $545,000 | |
| Closed | Riley Michael J | $532,000 | |
| Closed | Riley Michael | $528,300 | |
| Previous Owner | Oconnell Maureen A | $250,000 | |
| Previous Owner | 5 Timber Lane Rt | $277,000 | |
| Previous Owner | Oconnell Maureen A | $290,000 | |
| Previous Owner | Shedd Daniel S | $305,100 | |
| Previous Owner | Shedd Daniel S | $110,000 | |
| Previous Owner | Shedd Daniel S | $306,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $920,000 | +12.9% | $460 / Sq Ft |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $815,000 | +38.8% | $407 / Sq Ft |
| 11/20/2018 11/20/18 | Sold | $587,000 | -2.2% | $293 / Sq Ft |
| 11/05/2018 11/05/18 | Pending | -- | -- | -- |
| 10/27/2018 10/27/18 | Price Changed | $599,900 | -3.2% | $300 / Sq Ft |
| 10/15/2018 10/15/18 | Price Changed | $619,900 | -1.6% | $310 / Sq Ft |
| 09/20/2018 09/20/18 | For Sale | $629,900 | -- | $315 / 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 | $11,751 | $899,800 | $428,000 | $471,800 |
| 2024 | $10,806 | $818,000 | $388,900 | $429,100 |
| 2023 | $8,740 | $624,700 | $353,700 | $271,000 |
| 2022 | $8,510 | $567,300 | $324,400 | $242,900 |
| 2021 | $8,632 | $552,300 | $327,100 | $225,200 |
Source: Public Records
Agents Affiliated with this Home
-
Geralyn Farrelly
Seller's Agent in 2022
Geralyn Farrelly
Coldwell Banker Realty - Andovers/Readings Regional
(978) 866-8658
56 in this area
78 Total Sales
-
Paula Buono
Buyer's Agent in 2022
Paula Buono
Elite Realty Experts, LLC
(781) 799-9283
1 in this area
30 Total Sales
-
Evan Russell
Seller's Agent in 2018
Evan Russell
Century 21 North East Homes
(781) 439-2778
5 in this area
81 Total Sales
-
C
Seller Co-Listing Agent in 2018
Carol Porter
Century 21 North East Homes
(978) 790-3229
-
Marjorie Youngren
Buyer's Agent in 2018
Marjorie Youngren
Keller Williams Realty Evolution
(781) 580-9357
10 in this area
174 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72976009
APN: NREA-000057-000000-000038
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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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