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1 Belmont Ln

North Reading, MA 01864

4 bd 3 ba 3,576 sqft Built 1997 Lot 40,075 sqft single_family
Most recent sale
$1,282,000
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2022 Sold $1,282,000 MLS #72935447
Jan 20, 2022 Listed $1,275,000 MLS #72935447
Sep 8, 2000 Sold $590,000 Public Record
Jun 26, 1997 Sold $439,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $993,000 $502,600 $1,495,600 $19,533
2024 $960,300 $453,000 $1,413,300 $18,670
2023 $599,400 $444,300 $1,043,700 $14,601
2022 $484,500 $401,200 $885,700 $13,286
2021 $484,400 $346,200 $830,600 $12,982
2020 $544,200 $314,200 $858,400 $13,391
2019 $537,700 $290,600 $828,300 $12,905
2018 $501,800 $288,400 $790,200 $12,912
2017 $501,800 $288,400 $790,200 $12,746
2016 $487,800 $264,700 $752,500 $12,349
2015 $451,300 $241,100 $692,400 $11,508
2014 $427,000 $232,500 $659,500 $10,836
2006 $317,200 $382,600 $699,800 $7,453
2005 $320,600 $332,800 $653,400 $7,266
2004 $310,800 $256,100 $566,900 $6,633
2002 $290,900 $221,600 $512,500 $6,381

Property facts

Year built
1997
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,576 sqft
Lot size
40,075 sqft
ZIP code
01864
City
North Reading
Street
Belmont Ln
Coordinates
42.58128, -71.08547

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,370
Gross rental yield
9.71%
Implied cap rate
6.31%
Trend-extrapolated value

Frequently asked questions

When did 1 Belmont Ln last sell?
1 Belmont Ln most recently sold on Feb 23, 2022 for $1,282,000.
What is the current tax assessment for 1 Belmont Ln?
The most recent total assessment for 1 Belmont Ln (year 2025) is $1,495,600 with $19,533 in property tax.
How does 1 Belmont Ln's assessment compare to its last sale price?
The current assessment is 16.7% above the last sale price of $1,282,000.
When was 1 Belmont Ln built?
1 Belmont Ln was built in 1997.
How does 1 Belmont Ln compare to others on Belmont Ln?
We track 3 other properties on Belmont Ln. Browse the list under "Other properties on Belmont Ln" to compare beds, baths, and sale history.
What are the property facts for 1 Belmont Ln?
1 Belmont Ln is a 4 bed, 3 bath, 3,576 sqft, 40,075 sqft lot single_family.
Is 1 Belmont Ln a flip candidate?
No — 1 Belmont Ln does not appear in our flips dataset.
Is 1 Belmont Ln a tax-appeal candidate?
Yes — 1 Belmont Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$710.7K
2026 Q4
$708K
ZIP 01864 — Median Price History + Forecast

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