$587,000
SOLD NOV 20, 2018

5 Timber Ln North Reading, MA 01864

3 Beds
2 Baths
2,002 Sq Ft
0.52 Acres

Recently Sold

$293 Per Sq Ft

7% Below List Price

46 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Central Air
  • Batchelder School Rated A
  • Security Service
  • Kennel

About This Home

As of July 2022

Here is your chance to live in Chestnut Village. This split level home features a spacious living room with a fireplace to enjoy those cold fall evenings. Hardwood floors run throughout the first floor, which includes three bedrooms and updated full bath as well as an updated master bath. The master bedroom has plenty of closet space featuring a double closet as well as custom built-ins. The fully applianced kitchen is complete with custom cabinets, 3 pantry closets, quartz counter tops and opens to a bright sunny dining room. The lower level has an additional family room with a fireplace, an office with radiant heat, and a large laundry room. The home sits on a corner lot, large deck, CA, 2 car garage, fenced in pet area, storage shed and more. Located in the Batchelder School area. This is a great place to live!

Last Agent to Sell the Property

Evan Russell

Century 21 North East Homes Listed on: 09/20/2018

Co-Listed By

Carol Porter

Century 21 North East Homes

Last Buyer's Agent

Marjorie Youngren

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,751

Year Built

  • Built in 1965

Lot Details

  • Kennel

Parking

  • 2 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Water Holding Tank
  • Private Sewer
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,751

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Split Entry
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 299.65
  • Comp Based On: Net Sale Price
  • Year Built: 1965
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood, Wood Laminate
  • Interior Amenities: Security System, Cable Available
  • Appliances: Range, Dishwasher, Microwave
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Dimension: 15X12, Bathroom - 3/4, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 11X14, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Dimension: 11X10, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Bathroom 2: On Level: First Floor, Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 11X12, Flooring - Hardwood, Chair Rail
  • Family Room: On Level: Basement, Dimension: 19X12, Fireplace, Flooring - Wall to Wall Carpet, Cable Hookup
  • Kitchen: On Level: First Floor, Dimension: 12X13, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Deck - Exterior, Recessed Lighting
  • Laundry: On Level: Basement, Dimension: 12X11, Flooring - Vinyl, Dryer Hookup - Electric, Exterior Access, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 19X14, Fireplace, Flooring - Hardwood, Cable Hookup
  • Basement: Y
  • Basement Features: Full, Finished, Garage Access, Sump Pump
  • Other Room 1: Name: Home Office, On Level: Basement, Dimension: 10X11, Closet, Flooring - Hardwood, Cable Hookup
  • Main Lo: AN5358
  • Main So: M59500
  • Estimated Sq Ft: 2002.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Deck, Storage Shed, Invisible Fence, Kennel
  • Foundation: Poured Concrete
  • Foundation Size: 50x30
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Parking: Attached, Under, Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 3
  • Hot Water: Tank
  • Utility Connections: for Electric Oven

Condo/Co-op/Association

  • Amenities: Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Public School

Schools

  • Elementary School: Batchelder
  • Middle School: NRMS
  • High School: NRHS

Lot Info

  • Assessments: 472300.00
  • Acre: 0.52
  • Lot Size: 22651.00
  • Page: 409
  • Zoning: Res
  • Lot Description: Corner, Paved Drive

Green Features

  • Energy Features: Storm Doors

Tax Info

  • Taxes: 7717.38
  • Assessor Parcel Number: 720625

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
$996,006

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $383,000 --
Deed $255,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Credit Line Revolving
Open $545,000 Purchase Money Mortgage
Closed $532,000 Stand Alone Refi Refinance Of Original Loan
Closed $528,300 New Conventional
Previous Owner $250,000 No Value Available
Previous Owner $277,000 No Value Available
Previous Owner $290,000 No Value Available
Previous Owner $305,100 No Value Available
Previous Owner $110,000 No Value Available
Previous Owner $306,400 Purchase Money Mortgage
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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72398627

MLS Property Information Network (MLS PIN)

APN: NREA-000057-000000-000038