40 Main St
North Reading, MA 01864
2 bd 1 ba 738 sqft Built 1974 condos
Most recent sale
$307,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $307,000 | MLS #73014081 |
| Jul 19, 2022 | Listed | $280,000 | MLS #73014081 |
| Jan 6, 2020 | Sold | $240,000 | MLS #72588954 |
| Jul 19, 2016 | Sold | $187,000 | MLS #72008646 |
| May 19, 2016 | Listed | $185,000 | MLS #72008646 |
| Mar 31, 2016 | Sold | $137,000 | MLS #71961637 |
| Feb 22, 2016 | Listed | $149,900 | MLS #71961637 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $287,900 | — | $287,900 | $3,760 |
| 2024 | $287,900 | — | $287,900 | $3,803 |
| 2023 | $233,100 | — | $233,100 | $3,261 |
| 2022 | $226,000 | — | $226,000 | $3,390 |
| 2021 | $202,900 | — | $202,900 | $3,171 |
| 2020 | $191,100 | — | $191,100 | $2,981 |
| 2019 | $184,500 | — | $184,500 | $2,875 |
| 2018 | $166,100 | — | $166,100 | $2,714 |
| 2017 | $159,400 | — | $159,400 | $2,571 |
| 2016 | $149,100 | — | $149,100 | $2,447 |
| 2015 | $132,800 | — | $132,800 | $2,207 |
| 2014 | $135,800 | — | $135,800 | $2,231 |
| 2006 | $173,700 | — | $173,700 | $1,850 |
| 2005 | $155,100 | — | $155,100 | $1,725 |
| 2004 | $134,900 | — | $134,900 | $1,578 |
| 2002 | $102,200 | — | $102,200 | $1,272 |
Property facts
Year built
1974
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
738 sqft
Lot size
—
ZIP code
01864
City
North Reading
Street
Main St
Coordinates
42.56858, -71.11042
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,140
Gross rental yield
8.36%
Implied cap rate
5.44%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Main St last sell?
40 Main St most recently sold on Aug 24, 2022 for $307,000.
What is the current tax assessment for 40 Main St?
The most recent total assessment for 40 Main St (year 2025) is $287,900 with $3,760 in property tax.
How does 40 Main St's assessment compare to its last sale price?
The current assessment is 6.2% below the last sale price of $307,000.
When was 40 Main St built?
40 Main St was built in 1974.
How does 40 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 40 Main St?
40 Main St is a 2 bed, 1 bath, 738 sqft condos.
Is 40 Main St a flip candidate?
No — 40 Main St does not appear in our flips dataset.
Is 40 Main St a tax-appeal candidate?
No — 40 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$710.7K
2026 Q4
$708K
ZIP 01864 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St