NOT LISTED FOR SALE

5 Bancroft Ave Unit 5 Reading, MA 01867

Estimated Value: $432,000 - $646,000

2 Beds
1.5 Baths
1,025 Sq Ft
$505/Sq Ft Est. Value

Highlights

  • Deck
  • Property is near public transit
  • No HOA
  • Birch Meadow Elementary School Rated A-
  • Wood Flooring
  • Jogging Path

About This Home

As of March 2024

The HEART OF READING! This young End Unit Townhome offers open floor plan with hardwood floors, modern kitchen, 1/2 bath on first floor and two spacious bedrooms on the second floor with full bath. Lower level offers additional possibilities, with high ceilings and plenty of open space for storage. IN UNIT LAUNDRY! Off-street parking, just steps from all that Reading has to offer, including commuter rail. Immediate occupancy.

Last Agent to Rent the Property

Chuha & Scouten Team

Leading Edge Real Estate Listed on: 02/02/2024

Co-Listed By

Lynne Scouten

Leading Edge Real Estate

Last Renter's Agent

Maryellen Russo

The Aland Realty Group LLC

The Aland Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,817

Year Built

  • Built in 2007

Parking

  • 2 Car Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 1,025 Sq Ft Home
  • Laundry in Basement
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Schools

  • See Super Elementary And Middle School
  • RMHS High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Deck
  • 6,625 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 3/1/24
  • Rent includes gardener, occupancy only
  • 12 Month Lease Term
  • Assessor Parcel Number 021.007010019.0,4660968

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops

Recreation

  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,817

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-03-01
  • Lease Term: Term of Rental(12 Mon)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 2007
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 1025
  • Spa YN: No
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 2.44
  • PRICE PER Sq Ft: 2.44
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Deck - Wood
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Baseboard
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, House of Worship, T-Station
  • Rent Includes: Gardener, Occupancy Only
  • Senior Community YN: No
  • UNIT BUILDING: 5

Lot Info

  • Parcel Number: 021.007010019.0,4660968
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6625
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: See Super
  • Middle Or Junior School: See Super

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2010
Sold by
Jp Morgan Chase Bk
Bought by
Mansueto Salvatore
Current Estimated Value
$517,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.37%

Purchase Details

Closed on
Aug 13, 2010
Sold by
Mclellan Joseph P and Jp Morgan Chase Bk
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
Jan 22, 2007
Sold by
Jp Mclennan Realty Llc
Bought by
Mclennan Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mansueto Salvatore $189,500 --
Jp Morgan Chase Bk $221,000 --
Mclennan Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansueto Salvatore $207,500
Closed Mansueto Salvatore $204,000
Closed Mansueto Salvatore $200,000
Previous Owner J&M Drywall Plasterin $15,000
Previous Owner Mclennan Joseph P $252,000
Previous Owner Mclennan Joseph P $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Rented $2,500 0.0% --
02/07/2024 02/07/24 Under Contract -- -- --
02/02/2024 02/02/24 For Rent $2,500 +8.7% --
05/15/2021 05/15/21 Rented $2,300 0.0% --
04/05/2021 04/05/21 Under Contract -- -- --
03/31/2021 03/31/21 For Rent $2,300 +15.0% --
07/15/2016 07/15/16 Rented $2,000 0.0% --
06/12/2016 06/12/16 Under Contract -- -- --
05/23/2016 05/23/16 For Rent $2,000 +11.1% --
01/01/2015 01/01/15 Rented $1,800 0.0% --
12/02/2014 12/02/14 Under Contract -- -- --
11/17/2014 11/17/14 For Rent $1,800 -- --
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 $4,817 $422,900 $0 $422,900
2024 $4,750 $405,300 $0 $405,300
2023 $5,052 $401,300 $0 $401,300
2022 $4,764 $357,400 $0 $357,400
2021 $4,896 $354,500 $0 $354,500
2020 $4,802 $344,200 $0 $344,200
2019 $4,710 $331,000 $0 $331,000
2018 $4,266 $307,600 $0 $307,600
2017 $4,109 $292,900 $0 $292,900
2016 $4,244 $292,700 $0 $292,700
2015 $4,169 $283,600 $0 $283,600
2014 $4,098 $278,000 $0 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73198843

MLS Property Information Network (MLS PIN)

APN: READ-000021-000701-000019