$918,000
SOLD MAY 28, 2025

242 Bancroft Ave Reading, MA 01867

4 Beds
1.5 Baths
1,887 Sq Ft
8,999 Sq Ft Lot

Recently Sold

$486 Per Sq Ft

8% Above List Price

7 Days on Market

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 2025

Beautifully 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 Agent to Sell the Property

Maureen Tringale

Century 21 North East Listed on: 04/10/2025

Last Buyer's Agent

Laurie Crane

Gibson Sotheby's International Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,818

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Raised Ranch
  • Year Built: 1966
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Wood Laminate, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Closet, Entrance Foyer
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater, Water Heater, Dishwasher, Disposal, Microwave
  • Total Bedrooms: 4
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: Basement
  • Room Bedroom4 Features: Cedar Closet(s), Closet, Flooring - Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Basement
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Features: Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Remodeled, Flooring - Engineered Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Ceiling Fan(s), Flooring - Laminate
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled, Peninsula
  • Laundry Features: Flooring - Laminate, In Basement
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, High Speed Internet Hookup
  • Above Grade Finished Sq Ft: 1887
  • Living Area: 1887
  • Spa YN: No
  • MAIN LO: AN4339
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Deck, Patio, Covered Patio/Deck, Balcony, Rain Gutters, Storage, Professional Landscaping
  • Foundation Details: Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio, Covered
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Garage Faces Side, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Tennis Court(s), Park, Bike Path, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:033.000000006.0,735566
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 8999
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8818

Multi Family

  • Basement Included Sq Ft: No

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
Current Estimated Value
$910,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,547
Avg. Annual Appreciation
-1.28%
Original Mortgage
$725,000
Outstanding Balance
$721,892
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,561

Purchase Details

Closed on
Jul 31, 1998
Sold by
Warren William and Warren Ruth D
Bought by
Creamer Daniel and Creamer Pamela T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $918,000 None Available
Quit Claim Deed $918,000 None Available
Deed $228,800 --
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 $268,000 No Value Available
Previous Owner $20,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

Source: Public Records

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73355693

MLS Property Information Network (MLS PIN)

APN: READ-000033-000000-000006