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5 Timber Ln

North Reading, MA 01864

3 bd 2 ba 2,002 sqft Built 1965 Lot 22,651 sqft single_family
Most recent sale
$920,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $920,000 MLS #72976009
May 4, 2022 Listed $815,000 MLS #72976009
Nov 20, 2018 Sold $587,000 MLS #72398627
Oct 27, 2018 Price changed $599,900 MLS #72398627
Oct 15, 2018 Price changed $619,900 MLS #72398627
Sep 20, 2018 Listed $629,900 MLS #72398627
Sep 28, 2000 Sold $383,000 Public Record
May 2, 1988 Sold $255,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $471,800 $428,000 $899,800 $11,751
2024 $429,100 $388,900 $818,000 $10,806
2023 $271,000 $353,700 $624,700 $8,740
2022 $242,900 $324,400 $567,300 $8,510
2021 $225,200 $327,100 $552,300 $8,632
2020 $239,500 $294,000 $533,500 $8,323
2019 $233,900 $271,300 $505,200 $7,871
2018 $203,000 $269,300 $472,300 $7,717
2017 $205,300 $269,300 $474,600 $7,655
2016 $209,200 $245,000 $454,200 $7,453
2015 $209,200 $222,700 $431,900 $7,178
2014 $195,500 $198,400 $393,900 $6,472
2006 $169,100 $319,300 $488,400 $5,201
2005 $169,100 $255,400 $424,500 $4,720
2004 $163,600 $204,400 $368,000 $4,306
2002 $153,200 $176,900 $330,100 $4,110

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,002 sqft
Lot size
22,651 sqft
ZIP code
01864
City
North Reading
Street
Timber Ln
Coordinates
42.56106, -71.07298

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,806
Gross rental yield
7.57%
Implied cap rate
4.92%
Trend-extrapolated value

Frequently asked questions

When did 5 Timber Ln last sell?
5 Timber Ln most recently sold on Jul 28, 2022 for $920,000.
What is the current tax assessment for 5 Timber Ln?
The most recent total assessment for 5 Timber Ln (year 2025) is $899,800 with $11,751 in property tax.
How does 5 Timber Ln's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $920,000.
When was 5 Timber Ln built?
5 Timber Ln was built in 1965.
How does 5 Timber Ln compare to others on Timber Ln?
We do not currently track other properties on Timber Ln.
What are the property facts for 5 Timber Ln?
5 Timber Ln is a 3 bed, 2 bath, 2,002 sqft, 22,651 sqft lot single_family.
Is 5 Timber Ln a flip candidate?
No — 5 Timber Ln does not appear in our flips dataset.
Is 5 Timber Ln a tax-appeal candidate?
No — 5 Timber Ln 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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