7 Nichols St
North Reading, MA 01864
2 bd 2 ba 1,618 sqft Built 1948 Lot 30,056 sqft single_family
Most recent sale
$475,000
Dec 2, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 2, 2021 | Sold | $475,000 | MLS #72896315 |
| Oct 13, 2021 | Price changed | $494,900 | MLS #72896315 |
| Oct 12, 2021 | Relisted | $449,900 | MLS #72896315 |
| Oct 5, 2021 | Listing removed | $449,900 | MLSPIN |
| Sep 16, 2021 | Listed | $449,900 | MLS #72896315 |
| Dec 18, 2002 | Sold | $280,000 | Public Record |
| Nov 30, 1992 | Sold | $158,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $228,900 | $391,300 | $620,200 | $8,100 |
| 2024 | $228,900 | $369,000 | $597,900 | $7,898 |
| 2023 | $184,900 | $338,800 | $523,700 | $7,327 |
| 2022 | $169,600 | $308,300 | $477,900 | $7,169 |
| 2021 | $144,300 | $282,000 | $426,300 | $6,663 |
| 2020 | $166,900 | $256,300 | $423,200 | $6,602 |
| 2019 | $165,400 | $248,400 | $413,800 | $6,447 |
| 2018 | $142,500 | $248,400 | $390,900 | $6,387 |
| 2017 | $142,500 | $248,400 | $390,900 | $6,305 |
| 2015 | $149,900 | $192,000 | $341,900 | $5,682 |
| 2014 | $145,000 | $179,500 | $324,500 | $5,332 |
| 2006 | $99,800 | $275,300 | $375,100 | $3,995 |
| 2005 | $102,800 | $229,300 | $332,100 | $3,693 |
| 2004 | $102,200 | $183,400 | $285,600 | $3,342 |
| 2002 | $95,300 | $158,800 | $254,100 | $3,164 |
Property facts
Year built
1948
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,618 sqft
Lot size
30,056 sqft
ZIP code
01864
City
North Reading
Street
Nichols St
Coordinates
42.57992, -71.11105
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
$4,692
Gross rental yield
11.85%
Implied cap rate
7.70%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Nichols St last sell?
7 Nichols St most recently sold on Dec 2, 2021 for $475,000.
What is the current tax assessment for 7 Nichols St?
The most recent total assessment for 7 Nichols St (year 2025) is $620,200 with $8,100 in property tax.
How does 7 Nichols St's assessment compare to its last sale price?
The current assessment is 30.6% above the last sale price of $475,000.
When was 7 Nichols St built?
7 Nichols St was built in 1948.
How does 7 Nichols St compare to others on Nichols St?
We track 6 other properties on Nichols St. Browse the list under "Other properties on Nichols St" to compare beds, baths, and sale history.
What are the property facts for 7 Nichols St?
7 Nichols St is a 2 bed, 2 bath, 1,618 sqft, 30,056 sqft lot single_family.
Is 7 Nichols St a flip candidate?
No — 7 Nichols St does not appear in our flips dataset.
Is 7 Nichols St a tax-appeal candidate?
Yes — 7 Nichols St 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 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 Nichols St