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Single Family ResidenceResidential
$942,307$309 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $875,000 on Jun 15, 2022

40 PUTNAM RD

READING, MA 01867
3
Beds
3.5
Baths
3,045 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1958
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$942K
$887K low$998K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$875,000 · Jun 15, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,983 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$876,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$490,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$386,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,018,970

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.4 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyMIDDLESEX
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1970
Lot (acres)The size of the land the home sits on, from county records.0.28
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(13)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Arthur W. Coolidge Middle SchoolA-
Middle · Grades 6–8 · 0.4 mi
H
Reading Memorial High SchoolA-
High · Grades 9–12 · 0.4 mi
E
J. Warren Killam Elementary SchoolA
Elementary · Grades KG–5 · 0.6 mi

District: Reading School District

Neighborhood · ZIP 01867These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.29
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.99
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.81

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.25,631
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,546 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$145,651
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$169,912
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Putnam Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 66% of homes in Middlesex County
  • Costs less per square foot than 96% of homes in Reading 01867
  • Bigger than 86% of homes in Reading 01867

What homes are worth in Reading 01867

Each bar is how many homes fall in that price range. The marker is this home.

This home
$385K$1.7M

This home is worth more than 60% of homes in Reading 01867.

How it measures up in Reading 01867

The dot is this home. The mark in the middle is the typical home in Reading 01867.

Estimated value$942,307
CheaperTypical $871,036Pricier

Pricier than 60% of homes nearby

Price per ft²$309
CheaperTypical $469Pricier

Pricier than 4% of homes nearby

Living area3,045 ft²
SmallerTypical 1,946 ft²Bigger

Bigger than 86% of homes nearby

Lot size0.28 ac
SmallerTypical 0.35 acBigger

Bigger than 39% of homes nearby

Year built1958
OlderTypical 1959Newer

Newer than 50% of homes nearby

How 40 Putnam Rd ranks against every home in each area.
MeasureThis homeReading 01867Middlesex County
Estimated valuepricier than$942,30760% of homes66% of homes
Price per ft²pricier than$3094% of homes11% of homes
Living areabigger than3,045 ft²86% of homes86% of homes
Lot sizebigger than0.28 ac39% of homes47% of homes
Year builtnewer than195850% of homes51% of homes

About 40 Putnam Rd

How much is 40 Putnam Rd, Reading, MA worth?

The TopHap Estimate for 40 Putnam Rd, Reading, MA is $942,307 as of Aug 30, 2026. The likely range is $887,104 to $997,510. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Putnam Rd, Reading, MA last sell?

40 Putnam Rd, Reading, MA last sold on Jun 15, 2022 for $875,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 40 Putnam Rd, Reading, MA?

40 Putnam Rd, Reading, MA has 3 bedrooms, 3.5 bathrooms, 3,045 square feet of living space and a 0.28-acre lot.

When was 40 Putnam Rd, Reading, MA built?

40 Putnam Rd, Reading, MA was built in 1958, making it 68 years old. It is a ranch home. The building has 1 story.

What schools serve 40 Putnam Rd, Reading, MA?

40 Putnam Rd, Reading, MA is assigned to Arthur W. Coolidge Middle School (middle), rated A-; Reading Memorial High School (high), rated A-; J. Warren Killam Elementary School (elementary), rated A. All sit in Reading School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Putnam Rd, Reading, MA compare to other homes in Reading 01867?

Among the 8,629 homes in Reading 01867, it is worth more than 60% of them ($942,307 against a typical $871,036), its price per square foot is higher than 4% of them ($309 against a typical $469), it is bigger than 86% of them (3,045 ft² against a typical 1,946 ft²), its lot is bigger than 39% of them (0.28 ac against a typical 0.35 ac) and it is newer than 50% of them (1958 against a typical 1959). Measured against all of Middlesex County, it is worth more than 66% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Putnam Rd, Reading, MA?

The 2025 property tax bill for 40 Putnam Rd, Reading, MA was $9,983. The county assessed it at $876,500.

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