NOT LISTED FOR SALE

64 Bancroft Ave Reading, MA 01867

Estimated Value: $928,000 - $1,061,000

6 Beds
3 Baths
2,439 Sq Ft
$408/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $710,000 $291 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,330/month

13 Days on Market

About This Home

As of August 2017

A rare find! Turn of the century Victorian two-family, owned by the same family for 75 years. Totally renovated and in excellent condition, close to downtown Reading, restaurants, schools, commuter rail station to Boston. Large corner lot with spacious back yard and storage shed. Replacement windows throughout, hardwood floors on first and second floors, all separate utilities, both units have direct vent gas boilers and hot water heaters. Unit one has 2 bedrooms, living room, dining room, full bath, laundry, three-season porch and deck. Unit two has 2 floors of living space, 4 bedrooms, living room, dining room, large eat-in kitchen, 2 bedrooms on second floor, 2 bedrooms and office on third floor. This home was originally a single family and could easily be used as such again, or possibly converted to condos.

Last Agent to Sell the Property

Peter Pirani

Leading Edge Real Estate Listed on: 06/23/2017

Leading Edge Real Estate

Last Buyer's Agent

Rita Blanchard

Berkshire Hathaway HomeServices Commonwealth Real Estate License #448551416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,008

Year Built

1896

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1896

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood
  • Basement: Full
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: BB5817
  • Main So: AN2754
  • Estimated Sq Ft: 2439.00

Exterior Features

  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch, Gutters, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • High School: Rmhs

Lot Info

  • Assessor Parcel Number: M:021.0-0000-0164.0
  • Zoning: S15
  • Acre: 0.35
  • Lot Size: 15250.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 14
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 10, 2017
Sold by
Hoyt Richard F and Hoyt David W
Bought by
Sullivan Mark J
Seller's Agent
Peter Pirani
Leading Edge Real Estate
Buyer's Agent
Rita Blanchard
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Current Estimated Value
$995,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,186
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Jun 6, 2017
Sold by
Hoyt Richard F and Hoyt David W
Bought by
Hoyt Richard F and Hoyt David W
Source: Public Records

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
Sullivan Mark J $710,000 --
Hoyt Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoyt David W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $710,000 -5.2% $291 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $749,000 -- $307 / 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 $10,008 $878,700 $501,800 $376,900
2024 $9,893 $844,100 $482,000 $362,100
2023 $9,582 $761,100 $434,600 $326,500
2022 $9,223 $691,900 $395,100 $296,800
2021 $9,243 $669,300 $378,600 $290,700
2020 $4,625 $636,800 $360,200 $276,600
2019 $8,632 $606,600 $343,100 $263,500
2018 $6,298 $594,900 $323,600 $271,300
2017 $4,212 $561,200 $305,300 $255,900
2016 $7,789 $537,200 $305,700 $231,500
2015 $7,526 $512,000 $282,500 $229,500
2014 $7,346 $498,400 $273,000 $225,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72188282

MLS Property Information Network (MLS PIN)

APN: READ-000021-000000-000164