NOT LISTED FOR SALE

29 Bancroft Ave Reading, MA 01867

Estimated Value: $864,000 - $945,000

3 Beds
2 Baths
2,350 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $655,000 $279 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,766/month

33 Days on Market

About This Home

As of November 2017

PERFECT for the EXTENDED FAMILY or PERFECT as a rental to help PAY YOUR MORTGAGE. It's a LEGAL TWO-FAMILY with lots of CHARM and CHARACTER. The FOUR-ROOM unit on the FIRST FLOOR has a NEWER WHITE KITCHEN, GRANITE COUNTERS and a bonus pantry. The SECOND FLOOR has the SAME lay-out as the first, with the (heated) SECOND BEDROOM and HUGE storage room on the THIRD FLOOR. The WOOD FLOORS are in beautiful condition. The WINDOWS are over-sized, letting in lots of SUNLIGHT. Each unit has its OWN THREE-SEASON PORCH. Enjoy the convenience of the CLOSE PROXIMITY to TOWN and EVERYTHING Reading has to offer, including the COMMUTER RAIL.

Last Listed By

Patricia Black

Premier Realty Group, Inc. License #448500340 Listed on: 09/07/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,186

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual, Renovated Since
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood
  • Basement: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: B95198
  • Main So: B95141
  • Estimated Sq Ft: 2350.00

Exterior Features

  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch - Enclosed, Gutters, Screens
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Electric, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Call Supt
  • Middle School: Call Supt
  • High School: Rmhs

Lot Info

  • Assessor Parcel Number: M:021.0-0000-0154.0
  • Zoning: S15
  • Acre: 0.25
  • Lot Size: 11000.00

Multi Family

  • Heat Units: 2
  • Common Room: Laundry
  • Total Bedrooms: 3
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2015
Sold by
Foye Ft and Barros
Bought by
Barros Ft and Barros
Total Days on Market
33
Current Estimated Value
$901,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2008
Sold by
Foye Marjorie L
Bought by
Foye Ft and Foye

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Barros Ft -- --
Foye Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vittozzi Paul $250,000
Closed Vittozzi Paul $150,000
Open Vittozzi Paul $630,606
Closed Vittozzi Paul $643,136
Closed Barros Ft $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $655,000 +0.8% $279 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $649,900 -4.4% $277 / Sq Ft
09/07/2017 09/07/17 For Sale $679,900 -- $289 / 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 $9,186 $806,500 $485,700 $320,800
2024 $9,083 $775,000 $466,600 $308,400
2023 $8,803 $699,200 $420,700 $278,500
2022 $8,479 $636,100 $382,500 $253,600
2021 $8,499 $615,400 $366,500 $248,900
2020 $4,719 $585,700 $348,700 $237,000
2019 $4,479 $558,100 $332,200 $225,900
2018 $7,304 $526,600 $313,300 $213,300
2017 $5,616 $500,300 $295,500 $204,800
2016 $6,922 $477,400 $296,000 $181,400
2015 $6,693 $455,300 $273,500 $181,800
2014 $6,536 $443,400 $264,200 $179,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72224729

MLS Property Information Network (MLS PIN)

APN: READ-000021-000000-000154