NOT LISTED FOR SALE

56 Bancroft Ave Reading, MA 01867

Estimated Value: $1,089,000 - $1,296,000

4 Beds
2 Baths
2,193 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $572,000 $261 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,225/month

3 Days on Market

About This Home

As of December 2013

Charming New England Colonial with a Victorian flair located in the desirable west side. Walking distance to the library, train and town center. Beautifully maintained and updated. Formal living room, large dining room leading to a new kitchen (refrigerator, microwave and 6 burner gas stove are Kitchen Aid) First floor family room off the kitchen with energy efficient French doors to a new composite deck and fantastic fenced in back yard. See attached amenties sheet for a list of improvements. Move in condition.

Last Agent to Sell the Property

Sumi Sinnatamby

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 10/03/2013

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

The Ternullo Real Estate Team

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1870

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1870

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Tennis Court, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full
  • Bedroom 2: Second Floor, 14X11
  • Bedroom 3: Second Floor, 11X10
  • Bedroom 4: Third Floor, 23X10
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 14X12
  • Laundry Room: First Floor
  • Living Room: First Floor, 16X13
  • Master Bedroom: Second Floor, 12X12
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 13X11
  • Family Room: First Floor, 22X18

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2008
Sold by
Bishop David and Haefele Rebecca
Bought by
Olson Eric Thomas and Kravitz Lindsey Rhoads
Current Estimated Value
$1,199,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$222,570
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$976,963

Purchase Details

Closed on
Jun 27, 2003
Sold by
Gerade Linda and Faulkner Linda E
Bought by
Bishop David and Haefele Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olson Eric Thomas $475,000 --
Bishop David $445,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Eric Thomas $345,000
Previous Owner Bishop David $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2013 12/06/13 Sold $572,000 +10.0% $261 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $519,900 -- $237 / 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 $11,505 $1,010,100 $489,500 $520,600
2024 $11,374 $970,500 $470,300 $500,200
2023 $11,016 $875,000 $424,000 $451,000
2022 $10,605 $795,600 $385,500 $410,100
2021 $10,565 $765,000 $369,400 $395,600
2020 $6,220 $643,200 $351,500 $291,700
2019 $8,719 $612,700 $334,800 $277,900
2018 $6,799 $577,900 $315,700 $262,200
2017 $7,651 $545,300 $297,900 $247,400
2016 $8,226 $567,300 $298,300 $269,000
2015 $7,706 $524,200 $275,600 $248,600
2014 $6,968 $472,700 $266,300 $206,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sumi Sinnatamby

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 249-7889

    17 in this area

    22 Total Sales

    Sumi Sinnatamby
    Section Image
  • The Ternullo Real Estate Team

    Buyer's Agent in 2013

    The Ternullo Real Estate Team

    Leading Edge Real Estate

    (617) 275-3379

    20 in this area

    130 Total Sales

    The Ternullo Real Estate Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71592193

MLS Property Information Network (MLS PIN)

APN: READ-000021-000000-000166

Massachusetts Middlesex County Reading 01867

56 Bancroft Ave, Reading, MA

Not Listed for Sale

Detached

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