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40 Putnam Rd

Reading, MA 01867

4 bd 3 ba 1,812 sqft Built 1958 Lot 12,197 sqft single_family
Most recent sale
$875,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $875,000 MLS #72956446
Jun 26, 2008 Sold $435,000 MLS #70744145
Apr 15, 2008 Listed $434,900 MLS #70744145
Aug 30, 2007 Listing removed $459,900 MLSPIN
Aug 20, 2007 Listed for rent $2,000 MLSPIN
Jul 24, 2007 Listing removed $459,900 MLSPIN
Jul 24, 2007 Listed $459,900 MLS #70619660
Apr 23, 2007 Listing removed $529,900 MLSPIN
Apr 23, 2007 Listed $459,900 MLS #70563525
Jan 22, 2007 Listed $529,900 MLS #70514204
Dec 22, 1987 Sold $227,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $386,000 $490,500 $876,500 $9,983
2024 $370,800 $471,100 $841,900 $9,867
2023 $292,700 $424,800 $717,500 $9,033
2022 $266,100 $386,200 $652,300 $8,695
2021 $245,600 $370,000 $615,600 $8,501
2020 $233,800 $352,100 $585,900 $8,173
2019 $222,700 $335,400 $558,100 $7,942
2018 $210,000 $316,300 $526,300 $7,300
2017 $198,100 $298,400 $496,500 $6,966
2016 $186,700 $267,400 $454,100 $6,584
2015 $172,500 $247,100 $419,600 $6,168
2014 $166,700 $238,700 $405,400 $5,976
2006 $109,600 $298,800 $408,400 $4,933
2005 $100,400 $284,800 $385,200 $4,842
2004 $91,700 $271,400 $363,100 $4,441
2003 $91,700 $236,100 $327,800 $3,766

Property facts

Year built
1958
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,812 sqft
Lot size
12,197 sqft
ZIP code
01867
City
Reading
Street
Putnam Rd
Coordinates
42.53785, -71.10221

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,255
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Putnam Rd last sell?
40 Putnam Rd most recently sold on Jun 15, 2022 for $875,000.
What is the current tax assessment for 40 Putnam Rd?
The most recent total assessment for 40 Putnam Rd (year 2025) is $876,500 with $9,983 in property tax.
How does 40 Putnam Rd's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $875,000.
When was 40 Putnam Rd built?
40 Putnam Rd was built in 1958.
How does 40 Putnam Rd compare to others on Putnam Rd?
We track 3 other properties on Putnam Rd. Browse the list under "Other properties on Putnam Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Putnam Rd?
40 Putnam Rd is a 4 bed, 3 bath, 1,812 sqft, 12,197 sqft lot single_family.
Is 40 Putnam Rd a flip candidate?
No — 40 Putnam Rd does not appear in our flips dataset.
Is 40 Putnam Rd a tax-appeal candidate?
No — 40 Putnam Rd 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
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$914.9K
2026 Q4
$933.6K
ZIP 01867 — Median Price History + Forecast

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