5 Spoon Way
North Reading, MA 01864
3 bd 3 ba 2,738 sqft Built 1986 Lot 7,492,320 sqft condos
Most recent sale
$958,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 8, 2022 | Sold | $958,000 | MLS #72959375 |
| Apr 6, 2022 | Listed | $875,000 | MLS #72959375 |
| Jul 21, 2005 | Listing removed | $649,900 | MLSPIN |
| Apr 20, 2005 | Listed | $649,900 | MLS #70176974 |
| Dec 22, 1992 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $857,000 | — | $857,000 | $11,192 |
| 2024 | $919,600 | — | $919,600 | $12,148 |
| 2023 | $813,200 | — | $813,200 | $11,377 |
| 2022 | $699,000 | — | $699,000 | $10,485 |
| 2021 | $776,700 | — | $776,700 | $12,140 |
| 2020 | $759,400 | — | $759,400 | $11,847 |
| 2019 | $714,300 | — | $714,300 | $11,129 |
| 2018 | $601,500 | — | $601,500 | $9,829 |
| 2017 | $492,800 | — | $492,800 | $7,949 |
| 2015 | $462,900 | — | $462,900 | $7,693 |
| 2014 | $437,100 | — | $437,100 | $7,182 |
| 2006 | $536,900 | — | $536,900 | $5,718 |
| 2005 | $531,600 | — | $531,600 | $5,911 |
| 2004 | $443,000 | — | $443,000 | $5,183 |
| 2002 | $402,700 | — | $402,700 | $5,014 |
Property facts
Year built
1986
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
2,738 sqft
Lot size
7,492,320 sqft
ZIP code
01864
City
North Reading
Street
Spoon Way
Coordinates
42.58025, -71.03826
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
$7,940
Gross rental yield
9.95%
Implied cap rate
6.46%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Spoon Way last sell?
5 Spoon Way most recently sold on Jun 8, 2022 for $958,000.
What is the current tax assessment for 5 Spoon Way?
The most recent total assessment for 5 Spoon Way (year 2025) is $857,000 with $11,192 in property tax.
How does 5 Spoon Way's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $958,000.
When was 5 Spoon Way built?
5 Spoon Way was built in 1986.
How does 5 Spoon Way compare to others on Spoon Way?
We track 4 other properties on Spoon Way. Browse the list under "Other properties on Spoon Way" to compare beds, baths, and sale history.
What are the property facts for 5 Spoon Way?
5 Spoon Way is a 3 bed, 3 bath, 2,738 sqft, 7,492,320 sqft lot condos.
Is 5 Spoon Way a flip candidate?
No — 5 Spoon Way does not appear in our flips dataset.
Is 5 Spoon Way a tax-appeal candidate?
No — 5 Spoon 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
Explore nearby
Geography
Other properties on Spoon Way