NOT LISTED FOR SALE

5 Bancroft Ave Unit 5 Reading, MA 01867

Estimated Value: $465,000 - $615,000

2 Beds
2 Baths
1,025 Sq Ft
$517/Sq Ft Est. Value

About This Home

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.

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
$530,228

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%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 -- --

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

  • C

    Seller's Agent in 2024

    Chuha & Scouten Team

    Leading Edge Real Estate

    34 in this area

    152 Total Sales

    Chuha & Scouten Team
    Section Image
  • Lynne Scouten

    Seller Co-Listing Agent in 2024

    Lynne Scouten

    Leading Edge Real Estate

    (781) 789-2540

    11 in this area

    43 Total Sales

    Lynne Scouten
    Section Image
  • Maryellen Russo

    Buyer's Agent in 2024

    Maryellen Russo

    The Aland Realty Group LLC

    (781) 486-3801

    2 in this area

    101 Total Sales

    Maryellen Russo
    Section Image
See All Agents

Map

Massachusetts Middlesex County Reading 01867

5 Bancroft Ave Unit 5, Reading, MA

Homes for Sale in Reading, MA

This home is located at 5 Bancroft Ave Unit 5, Reading, MA 01867 and is currently estimated at $530,228, approximately $517 per square foot. 5 Bancroft Ave Unit 5 is a home located in Middlesex County with nearby schools including Birch Meadow Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes