242 Bancroft Ave, Reading MA 01867

Reading, MA 01867
$918,000
Est. $4,886/month
4
Beds
1.5
Baths
1,887
Sq Ft
$486
Price/Sq Ft
0.21
Acres
1966
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73355693

About this home

Beautifully updated split-entry in prime Reading location! This spacious 4-bedroom, 1.5-bath home offers two full levels of finished living space, ideal for today’s flexible lifestyle. Enjoy a brand-new kitchen, new roof, fresh interior paint, and new outdoor patios complimented by a new, large outdoor shed—all thoughtfully updated for modern living. The main level features sun-splashed living and dining areas along with three comfortable bedrooms. Downstairs, a cozy fireplaced family room, dedicated laundry area, and versatile 4th bedroom offer the perfect setup for guests, a home office, or gym.Set across from a vibrant community park with tennis, basketball, and baseball, and just minutes to Routes 93 & 128, the commuter rail, and walkable to local schools—this home delivers unbeatable convenience and connection.Move-in ready with top-tier schools and a fantastic layout—this is the one you’ve been waiting for!

Sale Statistics

Sale Overview
Original List Price: $850,000
Final Sale Price: $918,000
Difference: +$68,000 (+8.0%)
Performance Metrics
108.0%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $450
Sale $/sq ft: $486
This property sold for $486 per square foot
Sale Summary

This property sold for 8.0% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1966
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,887 sq ft
Total Rooms
8

Interior Features

Flooring
Wood, Tile, Wood Laminate, Flooring - Stone/Ceramic Tile
Heating
Natural Gas
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Fireplace Features
Family Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Water Heater, Dishwasher, Disposal, Microwave
Interior Features
Closet, Entrance Foyer
Laundry Features
Flooring - Laminate, In Basement

Exterior & Structure

Architectural Style
Raised Ranch
Foundation
Slab
Exterior Features
Deck, Patio, Covered Patio/Deck, Balcony, Rain Gutters, Storage, Professional Landscaping
Patio/Porch Features
Deck, Patio, Covered
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.21 acres
Lot Size
8,999 sq ft
Lot Size Area
0.2100
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Garage Faces Side, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Community Features
Tennis Court(s), Park, Bike Path, Highway Access, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,818
Tax Year
2025
Tax Assessed Value
$774,200
Parcel Number
M:033.000000006.0,735566
Zoning
S15

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Floor plan w/ sq ft for marketing purposes only; Buyer to due their own due diligency. Seller related to agent.

Location

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Neighborhood

242 Bancroft Ave, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $735
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.4%
Price Range
7
Total Days on Market

Property Timeline

Sold
May 28, 2025
$918,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 10, 2025
$850,000
Original listing
Agent: Maureen Tringale Office: Century 21 North East

Price & Status History

Date Event Price Change
Apr 10, 2025 New Listing Added $850,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$486

Tax History

Year Taxes Assessment
2025 $8,818 $774,200

Financial Details

Annual Property Tax
$8,818
Tax Year 2025
Assessed Value
$774,200

Listing Information

Listing Agent Maureen Tringale
Listing Office Century 21 North East
Agent MLS ID CN234339
Office MLS ID AN8987

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