40 Melbourne Ave
Reading, MA 01867
- 3Beds
- 3Baths
- 1,947ft²Living Area
- 0.3acLot Size
- -Pool
- 2Car
- 1964Year Built
- -DOM
- -Permit
Property Valuations
Latest estimates for 40 Melbourne Ave based on TopHap automated valuation model (AVM).
TopHap Estimate
$1,058,373
$543/ft²
+$378K above Sold Price
Updated 7 months ago
Last Sold Price
$680,000
$349/ft²
7 years ago
40 Melbourne Ave is valued at $1,058,373 by TopHap AVM 7 months ago.
40 Melbourne Ave was last sold in 2018 for $680,000.
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2025$10,418.00From latest Total Assessed Value1.14%Total Assessed Value$914,700=Land+
Assessed Value$487,100Additions
Assessed Value$427,600
In 2025, taxes billed for 40 Melbourne Ave were $10,418, which is 1.14% from latest Total Assessed Value of $914,700.
Property History
40 Melbourne Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Environment
Environmental factors around 40 Melbourne Ave
Hazard Risks
Hurricane118Lead107Ozone104Weather102Nat'l Avg100Air Pollution99Wind92Particulates89Tornado87Carb Mono86Earthquake81Hail68
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 40 Melbourne Ave.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
40 Melbourne Ave has a walkability score of 11 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
37°F
Summer
Average
Low
59°F
High
80°F
In the winter at 40 Melbourne Ave, temperatures range from 19.34°F to 37.29°F with an average of 28.32°F. In the summer, the temperature ranges from 58.78°F to 79.97°F with and average of 69.38°F.
School Information
Public/private schools serving 40 Melbourne Ave
Public Schools
Nearby public schools serving 40 Melbourne Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Reading.
Seasonal Housing units 01867
31%of housing is for seasonal rent.
Daytime Population for 01867
+0%of people during work hours.
Crime Index for 01867
31
The crime index in 01867 is 31, which is 0.3 times lower than national average.
Market Trends
Historical market data near 40 Melbourne Ave over selected time period.
Nearby Properties on Melbourne Ave
- 37 Melbourne Ave, Reading, MA 01867 is a 2,238 square foot, 4 bedroom, 3 bathroom, 0.34 acre property. It was built in 1963 and has an estimate of $848,351 with a price per ft² of $379.
- 31 Melbourne Ave, Reading, MA 01867 is a 2,366 square foot, 4 bedroom, 3.25 bathroom, 0.29 acre property. It was built in 1980 and has an estimate of $925,329 with a price per ft² of $391.
- 27 Melbourne Ave, Reading, MA 01867 (Cumberland Road) is a 2,703 square foot, 3 bedroom, 3.25 bathroom, 0.24 acre property. It was built in 1963 and has an estimate of $959,999 with a price per ft² of $355.
- 44 Melbourne Ave, Reading, MA 01867 is a 2,759 square foot, 3 bedroom, 3 bathroom, 0.24 acre property. It was built in 1965 and has an estimate of $992,818 with a price per ft² of $360.
- 40 Melbourne Ave, Reading, MA 01867 is a 1,947 square foot, 3 bedroom, 3 bathroom, 0.26 acre property. It was built in 1964 and has an estimate of $921,363 with a price per ft² of $473.
- 10 Melbourne Ave, Reading, MA 01867 is a 2,317 square foot, 3 bedroom, 3.25 bathroom, 0.26 acre property. It was built in 1963 and has an estimate of $974,327 with a price per ft² of $421.
- 11 Melbourne Ave, Reading, MA 01867 (Cumberland Road) is a 2,129 square foot, 3 bedroom, 3.25 bathroom, 0.23 acre property. It was built in 1963 and has an estimate of $900,229 with a price per ft² of $423.
- 21 Melbourne Ave, Reading, MA 01867 (Cumberland Road) is a 2,179 square foot, 3 bedroom, 3 bathroom, 0.25 acre property. It was built in 1963 and has an estimate of $984,178 with a price per ft² of $452.
- 20 Melbourne Ave, Reading, MA 01867 (Cumberland Road) is a 2,205 square foot, 3 bedroom, 3.25 bathroom, 0.26 acre property. It was built in 1964 and has an estimate of $960,254 with a price per ft² of $435.