242 Bancroft Ave Reading, MA 01867
4
Beds
1.5
Baths
1,887
Sq Ft
8,999
Sq Ft Lot
Highlights
- Landscaped Professionally
- Covered Deck
- Engineered Wood Flooring
- Birch Meadow Elementary School Rated A-
- Raised Ranch Architecture
- Cathedral Ceiling
About This Home
As of May 2025Beautifully updated split-entry in prime Reading location! This spacious 4-bedroom, 1.5-bath home offers two full levels of finished living space, ideal for today’s flexible lifestyle. Enjoy a brand-new kitchen, new roof, fresh interior paint, and new outdoor patios complimented by a new, large outdoor shed—all thoughtfully updated for modern living. The main level features sun-splashed living and dining areas along with three comfortable bedrooms. Downstairs, a cozy fireplaced family room, dedicated laundry area, and versatile 4th bedroom offer the perfect setup for guests, a home office, or gym.Set across from a vibrant community park with tennis, basketball, and baseball, and just minutes to Routes 93 & 128, the commuter rail, and walkable to local schools—this home delivers unbeatable convenience and connection.Move-in ready with top-tier schools and a fantastic layout—this is the one you’ve been waiting for!
Last Buyer's Agent
Laurie Crane
Gibson Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,818
Year Built
- Built in 1966 | Remodeled
Lot Details
- 8,999 Sq Ft Lot
- Landscaped Professionally
- Level Lot
- Property is zoned S15
Parking
- 1 Car Garage
- Side Facing Garage
- Off-Street Parking
Home Design
- Manufactured Home on a slab
- Raised Ranch Architecture
Interior Spaces
- 1,887 Sq Ft Home
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Entrance Foyer
- Family Room with Fireplace
- Dining Area
- Laundry in Basement
Kitchen
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Engineered Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Cedar Closet
- Bathtub with Shower
- Linen Closet In Bathroom
Outdoor Features
- Balcony
- Covered Deck
- Covered Patio or Porch
- Outdoor Storage
- Rain Gutters
Location
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- 2 Heating Zones
- Heating System Uses Natural Gas
- 220 Volts
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number M:033.000000006.0,735566
Community Details
Overview
- No Home Owners Association
Recreation
- Tennis Courts
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 28, 2025
Sold by
Creamer Pamela T and Creamer Daniel
Bought by
Galassi Thomas V and Karabaic Cassandra M
Seller's Agent
Maureen Tringale
Century 21 North East
Buyer's Agent
Laurie Crane
Gibson Sotheby's International Realty
List Price
$850,000
Sold Price
$918,000
Premium/Discount to List
$68,000
8%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.22%
Original Mortgage
$725,000
Outstanding Balance
$724,386
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,219
Purchase Details
Closed on
Jul 31, 1998
Sold by
Warren William and Warren Ruth D
Bought by
Creamer Daniel and Creamer Pamela T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Reading, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $918,000 | None Available | |
| Deed | $918,000 | None Available | |
| Deed | $228,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,000 | Purchase Money Mortgage | |
| Closed | $725,000 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Balloon | |
| Previous Owner | $320,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $344,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $268,000 | No Value Available | |
| Previous Owner | $20,000 | No Value Available | |
| Previous Owner | $277,000 | No Value Available | |
| Previous Owner | $52,000 | No Value Available | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $233,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $220,000 | No Value Available | |
| Previous Owner | $194,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $918,000 | +8.0% | $486 / Sq Ft |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $850,000 | -- | $450 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,818 | $774,200 | $478,200 | $296,000 |
| 2024 | $8,717 | $743,800 | $459,400 | $284,400 |
| 2023 | $8,447 | $670,900 | $414,200 | $256,700 |
| 2022 | $8,114 | $608,700 | $376,500 | $232,200 |
| 2021 | $8,276 | $599,300 | $360,800 | $238,500 |
| 2020 | $7,956 | $570,300 | $343,300 | $227,000 |
| 2019 | $7,733 | $543,400 | $327,000 | $216,400 |
| 2018 | $13,409 | $512,600 | $308,400 | $204,200 |
| 2017 | $6,786 | $483,700 | $290,900 | $192,800 |
| 2016 | $6,455 | $445,200 | $260,700 | $184,500 |
| 2015 | $6,051 | $411,600 | $240,900 | $170,700 |
| 2014 | $5,864 | $397,800 | $232,800 | $165,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Maureen Tringale
Century 21 North East
(781) 801-6279
1 in this area
27 Total Sales
-
L
Buyer's Agent in 2025
Laurie Crane
Gibson Sothebys International Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73355693
APN: READ-000033-000000-000006
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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