7 Samuel Phelps Way
North Reading, MA 01864
5 bd 4 ba 6,505 sqft Built 2004 Lot 124,582 sqft single_family
Most recent sale
$1,995,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $1,995,000 | MLS #72979840 |
| May 11, 2022 | Listed | $1,999,000 | MLS #72979840 |
| Apr 21, 2004 | Sold | $1,026,449 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,440,600 | $534,600 | $1,975,200 | $25,796 |
| 2024 | $1,440,600 | $484,400 | $1,925,000 | $25,429 |
| 2023 | $1,414,100 | $471,400 | $1,885,500 | $26,378 |
| 2022 | $909,600 | $427,800 | $1,337,400 | $20,061 |
| 2021 | $867,000 | $388,100 | $1,255,100 | $19,617 |
| 2020 | $975,400 | $343,000 | $1,318,400 | $20,567 |
| 2019 | $964,300 | $317,300 | $1,281,600 | $19,967 |
| 2018 | $846,700 | $310,500 | $1,157,200 | $18,909 |
| 2017 | $846,700 | $310,500 | $1,157,200 | $18,666 |
| 2016 | $892,200 | $257,900 | $1,150,100 | $18,873 |
| 2015 | $892,200 | $257,900 | $1,150,100 | $19,115 |
| 2014 | $846,900 | $253,500 | $1,100,400 | $18,080 |
| 2006 | $666,500 | $451,900 | $1,118,400 | $11,911 |
| 2005 | $673,200 | $413,600 | $1,086,800 | $12,085 |
| 2004 | — | $294,200 | $294,200 | $3,442 |
| 2002 | — | $128,100 | $128,100 | $1,595 |
Property facts
Year built
2004
Property type
single_family
Stories
—
Beds
5
Baths
4
Living area
6,505 sqft
Lot size
124,582 sqft
ZIP code
01864
City
North Reading
Street
Samuel Phelps Way
Coordinates
42.58269, -71.04442
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
$18,865
Gross rental yield
11.35%
Implied cap rate
7.38%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Samuel Phelps Way last sell?
7 Samuel Phelps Way most recently sold on Jul 15, 2022 for $1,995,000.
What is the current tax assessment for 7 Samuel Phelps Way?
The most recent total assessment for 7 Samuel Phelps Way (year 2025) is $1,975,200 with $25,796 in property tax.
How does 7 Samuel Phelps Way's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $1,995,000.
When was 7 Samuel Phelps Way built?
7 Samuel Phelps Way was built in 2004.
How does 7 Samuel Phelps Way compare to others on Samuel Phelps Way?
We track 1 other property on Samuel Phelps Way. Browse the list under "Other properties on Samuel Phelps Way" to compare beds, baths, and sale history.
What are the property facts for 7 Samuel Phelps Way?
7 Samuel Phelps Way is a 5 bed, 4 bath, 6,505 sqft, 124,582 sqft lot single_family.
Is 7 Samuel Phelps Way a flip candidate?
No — 7 Samuel Phelps Way does not appear in our flips dataset.
Is 7 Samuel Phelps Way a tax-appeal candidate?
No — 7 Samuel Phelps Way 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
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