Seller's Agent in 2020
Guy Manganiello
RE/MAX
(781) 929-4274
22 in this area
50 Total Sales
34 Bancroft Ave Reading, MA 01867
Estimated Value: $1,161,000
5
Beds
4
Baths
5,171
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Porch
- Birch Meadow Elementary School Rated A-
- Patio
About This Home
As of November 2020Rarely available and highly desirable, this 3 Family on Bancroft Ave is a generational opportunity. A unique home with 2 units up and down at the front of the home precede a 3-floor townhouse style unit in the back. An oversized garage is an understatement, large outdoor space surround the property, along with driveways on both sides of the home. As we move to the interior we are immediately greeted by the grand staircase and high ceilings. Each unit showcases an openness with several configuration possibilities. Unit 2 demonstrates the care of ownership with a large kitchen transitioning to the perfect living area. Unit 2 has potential for additional use in the 3rd floor. The townhouse style unit, built from the foundation up in the early 2000s, is ready for it's next owner. This unit continues the trend of high ceilings and open floor plans. The 2nd floor offers laundry and the main ensuite. Once again there is potential in the 3rd floor for additional finished space. OH 8/22 @1-4p
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,924
Year Built
- Built in 1920
Lot Details
- 0.34
Parking
- 2 Car Garage
Outdoor Features
- Patio
- Porch
Utilities
- Natural Gas Water Heater
- Oil Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:021.0-0000-0171.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2011
Sold by
Wood Donald L and Wood Florence E
Bought by
Famcare Rt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Famcare Rt | -- | -- | |
| Wood Donald L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bancroft Estates Llc | $1,093,235 | |
| Closed | Wood Donald L | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2020 11/05/20 | Sold | $950,000 | -5.0% | $184 / Sq Ft |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | Price Changed | $1,000,000 | -9.1% | $193 / Sq Ft |
| 08/19/2020 08/19/20 | For Sale | $1,100,000 | -- | $213 / 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 |
|---|---|---|---|---|
| 2022 | $11,924 | $894,500 | $393,500 | $501,000 |
| 2021 | $12,537 | $907,800 | $377,100 | $530,700 |
| 2020 | $11,597 | $864,100 | $358,800 | $505,300 |
| 2019 | $11,058 | $823,500 | $341,800 | $481,700 |
| 2018 | $10,776 | $776,900 | $322,300 | $454,600 |
| 2017 | $10,389 | $740,500 | $304,100 | $436,400 |
| 2016 | $9,598 | $661,900 | $272,500 | $389,400 |
| 2015 | $9,436 | $641,900 | $251,800 | $390,100 |
| 2014 | $9,252 | $627,700 | $243,300 | $384,400 |
Source: Public Records
Agents Affiliated with this Home
-
Guy Manganiello
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72712696
APN: READ-000021-000000-000171
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