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40 Mid Iron Dr

North Reading, MA 01864

3 bd 4 ba 2,022 sqft Built 1982 condos
Most recent sale
$755,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $755,000 MLS #72988967
May 31, 2022 Listed $689,900 MLS #72988967
Jul 1, 2015 Sold $555,000 MLS #71836435
May 14, 2015 Listed $560,000 MLS #71836435
Aug 29, 2013 Sold $345,000 MLS #71320119
Dec 16, 2011 Listed $365,000 MLS #71320119

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $702,100 $702,100 $9,169
2024 $717,700 $717,700 $9,481
2023 $624,100 $624,100 $8,731
2022 $544,100 $544,100 $8,162
2021 $510,200 $510,200 $7,974
2020 $508,300 $508,300 $7,929
2019 $508,300 $508,300 $7,919
2018 $472,400 $472,400 $7,719
2017 $472,400 $472,400 $7,620
2015 $347,800 $347,800 $5,780
2014 $326,600 $326,600 $5,366
2006 $415,900 $415,900 $4,429
2005 $411,800 $411,800 $4,579
2004 $381,300 $381,300 $4,461
2002 $346,600 $346,600 $4,315

Property facts

Year built
1982
Property type
condos
Stories
3
Beds
3
Baths
4
Living area
2,022 sqft
Lot size
ZIP code
01864
City
North Reading
Street
Mid Iron Dr
Coordinates
42.58025, -71.03826

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
$5,864
Gross rental yield
9.32%
Implied cap rate
6.06%
Trend-extrapolated value

Frequently asked questions

When did 40 Mid Iron Dr last sell?
40 Mid Iron Dr most recently sold on Jul 13, 2022 for $755,000.
What is the current tax assessment for 40 Mid Iron Dr?
The most recent total assessment for 40 Mid Iron Dr (year 2025) is $702,100 with $9,169 in property tax.
How does 40 Mid Iron Dr's assessment compare to its last sale price?
The current assessment is 7.0% below the last sale price of $755,000.
When was 40 Mid Iron Dr built?
40 Mid Iron Dr was built in 1982.
How does 40 Mid Iron Dr compare to others on Mid Iron Dr?
We track 8 other properties on Mid Iron Dr. Browse the list under "Other properties on Mid Iron Dr" to compare beds, baths, and sale history.
What are the property facts for 40 Mid Iron Dr?
40 Mid Iron Dr is a 3 bed, 4 bath, 2,022 sqft condos.
Is 40 Mid Iron Dr a flip candidate?
No — 40 Mid Iron Dr does not appear in our flips dataset.
Is 40 Mid Iron Dr a tax-appeal candidate?
No — 40 Mid Iron Dr is not currently flagged as a tax-appeal candidate.

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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