56 Prospect St Reading, MA 01867
Estimated Value: $1,237,000 - $1,430,000
5
Beds
2
Baths
2,660
Sq Ft
$497/Sq Ft
Est. Value
About This Home
This home is located at 56 Prospect St, Reading, MA 01867 and is currently estimated at $1,321,436, approximately $496 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
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
$781,532
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$539,904
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
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Home Values in the Area
Average Home Value in this Area
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 | -- | |
| Brown Calvin A | $725,000 | -- | |
| Foster Judith K | $565,000 | -- | |
| 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
| 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
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