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50 Timberneck Drive, Reading MA 01867

Reading, MA 01867
$425,000
Est. $2,832/month
3
Beds
1.5
Baths
1,504
Sq Ft
$283
Price/Sq Ft
0.52
Acres
1956
Year Built
44
Days on Market
Closed Listed Aug 21, 2014 • MLS# 71732335 Copied!

About this home

GREAT HOUSE !!! .GREAT NEIGHBORHOOD!!! GREAT OPPORTUNITY to move into this 7 ROOM, 3 BEDROOM MULTI-LEVEL Home in walking distance to the KILLAM SCHOOL. Hardwood floors throughout the main level & bedrooms. Family Room & Laundry. Additional fireplaced lower level can be finished. Workshop & great storage. Beautiful 3 season sun room overlooks a private back yard, To BE connected to Town Sewerage prior to closing.1 car garage.

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Public Records

Current Owner

Owner DONOVAN EDWARD J TRUSTEE
Mailing Address 50 TIMBERNECK DRIVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S20
Style SPLIT LEVL

Tax Information

Assessed Value $993,200
Tax Rate $12.38 per $1,000
Base Tax $12,296
CPA Surcharge 1.5% ($166)
Estimated Annual Tax $12,462

Assessment History

Year Land Building Total Change
FY2026 $558,300 $434,900 $993,200

Sale History

Date Price Book/Page
Mar 27, 2023 $1 81363/528

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (80.3% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1956
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,504 sq ft
Total Rooms
8
Levels
Multi/Split

Sale Statistics

Sale Overview
Original List Price: $479,900
Final Sale Price: $425,000
Difference: $54,900 (-11.4%)
Performance Metrics
88.6%
List to Sale Ratio
Sold below asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $319
Sale $/sq ft: $283
This property sold for $283 per square foot
Sale Summary

This property sold for 11.4% below the original asking price.

The property spent 44 days on market before selling.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1956
Living Area 1,504 sq ft
Lot Size 0.52 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Baseboard, Oil
Cooling Central Air
Flooring Wood, Tile, Vinyl, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Full
Laundry In Basement
Features Sun Room

Exterior

Construction Frame
Architecture Split Entry
Roof Shingle
Features Porch - Enclosed, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed, Deck - Wood

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Paved Drive, Off Street, Paved
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $5,800
Assessed Value $393,500

Interior Features

Flooring: Wood, Tile, Vinyl, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Sun Room
Windows:
Basement: Full
Laundry: In Basement
Security:

Construction & Materials

Style: Split Entry
Year Built: 1956
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Deck - Wood
Patio & Porch: Porch - Enclosed, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

50 Timberneck Drive, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School District
Reading School District local
A
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

6 schools
A
J. Warren Killam Elementary School
0.4 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
RISE PreSchool
1.1 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.3 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
1.8 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
A
Joshua Eaton School
1.9 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
2.1 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Arthur W Coolidge Middle School
1.1 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
A
Walter S Parker Middle School
1.6 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
H

High Schools

2 schools
Austin Prep School
2.0 mi
Grades 06-12
A
Reading Memorial High School
1.1 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $483
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

32.5%
Price Range
45
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #71791969
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 17, 2015
$630,000
MLS #71791969
Sold
Oct 16, 2014
$425,000
Property sold
Days on Market: 45
🏠
Listed for Sale
Aug 21, 2014
$449,900
Original listing
Agent: Jan Triglione Team Office: Premier Realty Group, Inc.

Price & Status History

Date Event Price Change
Apr 17, 2015 Sold $630,000
Aug 21, 2014 New Listing Added $449,900

Market Statistics

Days on Market
44 days
Price per Sq Ft
$283

Tax History

Year Taxes Assessment
2014 $5,800 $393,500

Financial Details

Annual Property Tax
$5,800
Tax Year 2014
Assessed Value
$393,500

Listing Information

Listing Agent Jan Triglione Team
Listing Office Premier Realty Group, Inc.
Agent MLS ID TEAM0169
Office MLS ID B95198
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Reading, MA

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