See Home Value
Reading 01867
40 Estate Ln
$1,500,000
● House - Off Market

40 Estate Ln

Reading, MA 01867
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,215 Ft²
$7,911
Est. Monthly

About This Property

Rare opportunity located steps from Birch Meadow Elementary, the Burbank YMCA, and top Reading schools. This impressive 5BR/4BA Colonial is nestled at the end of a cul-de-sac in a sought-after neighborhood. The first floor boasts a spacious foyer, a bright living room with gleaming hardwood floors and fireplace, an eat-in kitchen, formal dining room, family room with cathedral ceilings and fireplace, mudroom with countertop and sink, and a generously sized 2-car garage. Upstairs, find 4 bedrooms, a full bath plus a primary suite with cathedral ceilings, an en suite bath and walk-in closet. The updated lower level features a family room with built-ins and a stone fireplace, a guest suite with a glass shower, kitchenette, and a large bedroom. Laundry, and storage are also on this level. Pride in ownership and lovingly maintained for 25 years. 1st showing at 1st Open House on Saturday, 1/25, at 11:00 AM to 12:30 PM - No Exceptions. Your next chapter starts here!
Unit Size
3,215 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$420
Property Type
House
Property Taxes
$1,282
HOA Dues
-
Year Built
1993

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Last updated: 4 months ago (MLSPIN #73327526)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Sold
Jan 31, 2025 In contract -
In contract
Jan 20, 2025 Listed by RE/MAX Harmony $1,349,900
Listed by RE/MAX Harmony
Rare opportunity located steps from Birch Meadow Elementary, the Burbank YMCA, and top Reading schools. This impressive 5BR/4BA Colonial is nestled at the end of a cul-de-sac in a sought-after neighborhood. The first floor boasts a spacious foyer, a bright living room with gleaming hardwood floors and fireplace, an eat-in kitchen, formal dining room, family room with cathedral ceilings and fireplace, mudroom with countertop and sink, and a generously sized 2-car garage. Upstairs, find 4 bedrooms, a full bath plus a primary suite with cathedral ceilings, an en suite bath and walk-in closet. The updated lower level features a family room with built-ins and a stone fireplace, a guest suite with a glass shower, kitchenette, and a large bedroom. Laundry, and storage are also on this level. Pride in ownership and lovingly maintained for 25 years. 1st showing at 1st Open House on Saturday, 1/25, at 11:00 AM to 12:30 PM - No Exceptions. Your next chapter starts here!
Mar 15, 2000 Sold
Sold
Dec 27, 1999 Listed by RE/MAX Harmony $464,900
Listed by RE/MAX Harmony
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,415
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 3,215
  • Gross Building Area: 4,556
  • Building Area: 3,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,215
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001160
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334300

Zoning

  • Zoning: S15

Geography

  • Account Number: 1360000000
  • Parcel: READ M:032.0-0000-0241.0
  • Municipality: READING
  • Latitude: 42.5385
  • Longitude: -71.1148

    Address

  • Full Address: 40 Estate Ln
  • Address - House Number: 40
  • Address - Street Name: Estate
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1600
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,539,000

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,313,251
  • High Value: 1,545,574
  • Low Value: 1,080,929

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,313,100
  • Assessed Land Value: $607,800
  • Assessed Improvements Value: $705,300

    Sales

  • Current Sale Recording Date: Mar 15, 2000
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 16, 1996
  • Previous Sale Amount: $357,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Reading


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, Wakefield, MA, 01880 Listing by Equity Residential


Frequently Asked Questions

When was property at 40 Estate Lane built and last sold?
The property at 40 Estate Lane was built in 1993 and last sold on Jan 1, 1970 for $462,500.
How much is this home worth?
The estimated value of the home located at 40 Estate Lane is $1,338,793.
What are some comparable homes to 40 Estate Lane?
There are currently no comparable homes to 40 Estate Lane.