NOT LISTED FOR SALE

56 Prospect St Reading, MA 01867

Estimated Value: $1,313,000 - $1,420,000

5 Beds
2 Baths
2,660 Sq Ft
$517/Sq Ft Est. Value

About This Home

This home is located at 56 Prospect St, Reading, MA 01867 and is currently estimated at $1,375,638, approximately $517 per square foot. 56 Prospect St is a home located in Middlesex County with nearby schools including Alice M. Barrows Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Brown Katherine A and Brown Calvin A
Bought by
Brown Katherine A
Current Estimated Value
$1,375,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$785,130
Interest Rate
6.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$590,508

Purchase Details

Closed on
May 7, 2007
Sold by
Foster Judith K and Foster Scott
Bought by
Brown Calvin A and Brown Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Knapp Arthur E and Knapp Lorna C
Bought by
Foster Judith K and Foster Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Katherine A -- None Available
Brown Katherine A -- None Available
Brown Calvin A $725,000 --
Brown Calvin A $725,000 --
Foster Judith K $565,000 --
Foster Judith K $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Katherine A $790,000
Closed Brown Katherine A $790,000
Previous Owner Brown Calvin A $580,000
Previous Owner Foster Judith K $450,000
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 $13,625 $1,196,200 $564,800 $631,400
2024 $13,228 $1,128,700 $532,600 $596,100
2023 $13,170 $1,046,100 $493,100 $553,000
2022 $12,694 $952,300 $448,300 $504,000
2021 $8,467 $876,900 $411,400 $465,500
2020 $11,998 $860,100 $403,400 $456,700
2019 $11,652 $818,800 $383,800 $435,000
2018 $4,282 $773,100 $362,100 $411,000
2017 $10,337 $736,800 $344,800 $392,000
2016 $10,655 $734,800 $331,900 $402,900
2015 $9,417 $640,600 $301,700 $338,900
2014 $9,442 $640,600 $301,700 $338,900
Source: Public Records

Map

Massachusetts Middlesex County Reading 01867

56 Prospect St, Reading, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes