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16 Red Gate Ln

Reading, MA 01867

4 bd 3 ba 3,336 sqft Built 1972 Lot 13,939 sqft single_family
Most recent sale
$1,370,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $1,370,000 MLS #72976204
May 4, 2022 Listed $1,199,000 MLS #72976204
Aug 8, 2017 Sold $779,900 MLS #72182361
Jun 14, 2017 Listed $779,900 MLS #72182361
Dec 20, 1982 Sold $126,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $608,500 $568,900 $1,177,400 $13,411
2024 $598,600 $559,600 $1,158,200 $13,574
2023 $448,600 $490,200 $938,800 $11,819
2022 $423,200 $462,500 $885,700 $11,806
2021 $401,400 $423,200 $824,600 $11,388
2020 $381,700 $402,400 $784,100 $10,938
2019 $358,600 $378,100 $736,700 $10,483
2018 $335,600 $353,800 $689,400 $9,562
2017 $329,000 $346,900 $675,900 $9,483
2016 $360,200 $342,400 $702,600 $10,188
2015 $327,400 $311,300 $638,700 $9,389
2014 $327,400 $311,300 $638,700 $9,414
2006 $304,400 $390,000 $694,400 $8,388
2005 $281,900 $371,300 $653,200 $8,211
2004 $250,000 $353,600 $603,600 $7,382
2003 $250,000 $307,600 $557,600 $6,407

Property facts

Year built
1972
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,336 sqft
Lot size
13,939 sqft
ZIP code
01867
City
Reading
Street
Red Gate Ln
Coordinates
42.50985, -71.10975

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,674
Gross rental yield
8.47%
Implied cap rate
5.51%
Trend-extrapolated value

Frequently asked questions

When did 16 Red Gate Ln last sell?
16 Red Gate Ln most recently sold on Jun 17, 2022 for $1,370,000.
What is the current tax assessment for 16 Red Gate Ln?
The most recent total assessment for 16 Red Gate Ln (year 2025) is $1,177,400 with $13,411 in property tax.
How does 16 Red Gate Ln's assessment compare to its last sale price?
The current assessment is 14.1% below the last sale price of $1,370,000.
When was 16 Red Gate Ln built?
16 Red Gate Ln was built in 1972.
How does 16 Red Gate Ln compare to others on Red Gate Ln?
We track 6 other properties on Red Gate Ln. Browse the list under "Other properties on Red Gate Ln" to compare beds, baths, and sale history.
What are the property facts for 16 Red Gate Ln?
16 Red Gate Ln is a 4 bed, 3 bath, 3,336 sqft, 13,939 sqft lot single_family.
Is 16 Red Gate Ln a flip candidate?
No — 16 Red Gate Ln does not appear in our flips dataset.
Is 16 Red Gate Ln a tax-appeal candidate?
No — 16 Red Gate 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
-1.9%
Implied 1-yr
-7.7%
2026 Q3
$781.9K
2026 Q4
$764.6K
ZIP 01867 — Median Price History + Forecast

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