NOT LISTED FOR SALE

87 Bancroft Ave Reading, MA 01867

Estimated Value: $636,000 - $733,508

3 Beds
2 Baths
1,743 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $655,000 $376 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,126/month

4 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Property is near public transit and schools
  • Birch Meadow Elementary School Rated A-
  • Custom Closet System
  • Wood Flooring

About This Home

As of May 2024

Indulge in the essence of single-family living within the setting of this stylish townhome spanning over 1700 sqft with no condo fee. Conveniently located just steps from the library & downtown, find shops, restaurants, cafes & the train into Boston, creating the perfect blend between suburban living & city convenience. Sun-drenched interiors welcome you, creating an inviting atmosphere throughout. A quaint, private backyard with patio & farmer's porch provides the perfect retreat for outdoor enjoyment. Step inside to find charming turn-of-the-century details mixed with modern esthetics creating a vibe that is sure to impress. Both the kitchen & baths have been fully renovated, complete with butcher block counters, beautiful tile & crisp elements. Head upstairs to find 3 beds, laundry, HW floors & primary offering WIC. Enjoy the newly installed energy-efficient HVAC providing both heat & cooling & the incredible amount of basement storage. It’s all here! Welcome to your urban retreat.

Last Agent to Sell the Property

Susan Gormady

Classified Realty Group Listed on: 03/13/2024

Last Buyer's Agent

Katie Ngan Vien

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,743 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • Insulated Windows
  • Insulated Doors
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Internet Available

Additional Features

  • Energy-Efficient Thermostat
  • End Unit
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:021.007020386.0,4574280

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,424

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condex
  • Architectural Style: Other (See Remarks)
  • Structure Type: Attached
  • Year Built: 1920
  • Entry Level: 1
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Internet Available - Unknown
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Street,Front)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Dining Room Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Vinyl, Countertops - Upgraded, Open Floorplan, Lighting - Overhead
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Recessed Lighting
  • Basement: Y
  • Living Area: 1743
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: B95141
  • MAIN SO: AC0342
  • Insulation: Full

Exterior Features

  • Exterior Features: Porch, Patio, Rain Gutters
  • Common Walls: End Unit
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Washer Hookup
  • Cooling: Central Air, Heat Pump, Ductless
  • Heating: Baseboard, Heat Pump, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:021.007020386.0,4574280
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5424

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 27, 2021
Sold by
Kealy Elizabeth
Bought by
Han Haewon R and Lam Andy C
Seller's Agent
Jill McTague
RE/MAX Andrew Realty Services
Buyer's Agent
Russ Bradchulis
Keller Williams Realty
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Current Estimated Value
$674,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,025
Avg. Annual Appreciation
7.65%
Original Mortgage
$465,600
Outstanding Balance
$416,067
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,310

Purchase Details

Closed on
Aug 31, 2009
Sold by
Wessels Ludger
Bought by
Kealy Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2005
Sold by
Stanton Rt and Stanton
Bought by
Wessels Ludger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Han Haewon R $480,000 None Available
Kealy Elizabeth J $273,000 --
Kealy Elizabeth J $273,000 --
Wessels Ludger $290,000 --
Wessels Ludger $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Haewon R $465,600
Previous Owner Kealy Elizabeth J $195,000
Previous Owner Wessels Ludger $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2024 05/30/24 Sold $655,000 +9.3% $376 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $599,000 +24.8% $344 / Sq Ft
02/19/2021 02/19/21 Sold $480,000 -3.8% $275 / Sq Ft View Prior Sale
12/24/2020 12/24/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $499,000 -- $286 / 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 $7,130 $626,000 $0 $626,000
2024 $5,424 $462,800 $0 $462,800
2023 $5,752 $456,900 $0 $456,900
2022 $4,745 $356,000 $0 $356,000
2021 $4,659 $337,400 $0 $337,400
2020 $4,542 $325,600 $0 $325,600
2019 $4,465 $313,800 $0 $313,800
2018 $4,147 $299,000 $0 $299,000
2017 $4,070 $290,100 $0 $290,100
2016 $3,948 $272,300 $0 $272,300
2015 $4,003 $272,300 $0 $272,300
2014 $4,096 $277,900 $0 $277,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73211656

MLS Property Information Network (MLS PIN)

APN: READ-000021-000702-000386