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51 Bancroft Avenue, Reading MA 01867

Reading, MA 01867
$645,000
Est. $4,115/month
3
Beds
1.5
Baths
1,915
Sq Ft
$337
Price/Sq Ft
0.17
Acres
1963
Year Built
5
Days on Market
Closed Listed Oct 30, 2019 • MLS# 72586600 Copied!

About this home

No longer do you have to be torn between living in a "neighborhood" and living right in the thick of things! This charming 3 bedroom colonial offers BOTH! WALK to Reading Center, schools, AND the commuter rail! You CAN'T BEAT this location. Upon entering the home you'll be greeted by french doors that lead you into the fireplaced living room, the perfect spot to cozy up on a cool fall evening. The smile on your face will grow wider as you then enter into the open concept dining room and kitchen. The renovated kitchen with granite counters and SS appliances is sure to please the Chef of the house! The sunroom directly off of the dining room offers the perfect vantage point to admire the 2-tiered deck and fenced in yard. 3 bedrooms and a full bath (with skylight) can all be found on the 2nd floor. Want even MORE space? The family room in the lower level offers endless possibilities! With a 1 car garage to keep your car safe from the elements this winter, this home checks all the boxes!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1963
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,915 sq ft
Total Rooms
8

Sale Statistics

Sale Overview
Original List Price: $649,000
Final Sale Price: $645,000
Difference: $4,000 (-0.6%)
Performance Metrics
99.4%
List to Sale Ratio
Sold below asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $339
Sale $/sq ft: $337
This property sold for $337 per square foot
Sale Summary

This property sold for 0.6% below the original asking price.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$337/sq ft
Area Average
$417/sq ft
Difference
19.2%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1963
Living Area 1,915 sq ft
Lot Size 0.17 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Baseboard, Oil, Electric
Cooling None
Flooring Tile, Carpet, Hardwood
Appliances Water Heater, Range, Dishwasher, Microwave, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Interior Entry
Laundry In Basement, Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Beamed Ceilings, Sun Room

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Rain Gutters, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,838
Assessed Value $550,800

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator
Interior Features: Ceiling Fan(s), Beamed Ceilings, Sun Room
Windows:
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1963
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Baseboard, Oil, Electric
Heating Zones: 3
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Rain Gutters, Fenced Yard
Patio & Porch: Deck
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

51 Bancroft Avenue, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School District
Reading School District local
A
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

6 schools
RISE PreSchool
0.7 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.9 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
Joshua Eaton School
0.9 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
0.9 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
1.4 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
1.9 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.4 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
0.9 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
1.1 mi
Grades 06-12
A
Reading Memorial High School
0.7 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $653
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

33.3%
Price Range
6
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #72861457
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 25, 2021
$750,000
MLS #72861457
Sold
Dec 13, 2019
$645,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Oct 30, 2019
$649,000
Original listing
Agent: Philip J. Vita Office: Leading Edge Real Estate
Previous Transaction - MLS #71600300
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 19, 2013
$500,000
MLS #71600300

Price & Status History

Date Event Price Change
Aug 25, 2021 Sold $750,000
Oct 30, 2019 New Listing Added $649,000
Dec 19, 2013 Sold $500,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$337

Tax History

Year Taxes Assessment
2019 $7,838 $550,800

Financial Details

Annual Property Tax
$7,838
Tax Year 2019
Assessed Value
$550,800

Listing Information

Listing Agent Philip J. Vita
Listing Office Leading Edge Real Estate
Agent MLS ID BB953912
Office MLS ID AN4643
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Reading, MA

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