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51 Bancroft Ave, Reading MA 01867

Reading, MA 01867
$750,000
Est. $4,688/month
3
Beds
1.5
Baths
1,915
Sq Ft
$392
Price/Sq Ft
0.17
Acres
1963
Year Built
20
Days on Market
Closed Listed Jul 7, 2021 • MLS# 72861457 Copied!

About this home

Looking for a convenient location close to Downtown? 51 Bancroft Ave is a beautiful 3 bedroom, 1.5 bath Colonial nestled on a terrific street and just a short stroll to everything downtown Reading has to offer and minutes to the Commuter Rail. Upon walking in the front door you are greeted with large French Doors opening to the gorgeous front-facing living room with fireplace. At the back of the first floor is the open kitchen and dining area with granite countertops and updated cabinetry. Off the kitchen is the first floor half-bath and bright sunroom which directly accesses the ample outdoor entertaining space and backyard. Upstairs you'll find three well-appointed bedrooms, including the large master bedroom, and a full bath. The lower level features even more living space, tons of storage and laundry. Sitting to the left of the house is a detached garage with a new door and access to the backyard.

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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: $699,000
Final Sale Price: $750,000
Difference: +$51,000 (+7.3%)
Performance Metrics
107.3%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $365
Sale $/sq ft: $392
This property sold for $392 per square foot
Sale Summary

This property sold for 7.3% above the original asking price, indicating strong buyer demand.

With only 20 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
$392/sq ft
Area Average
$417/sq ft
Difference
6.0%

This property sold near the area average for similar homes.

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, Electric Baseboard, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Water Heater
Fireplace None
Fireplaces 1
Basement Full
Laundry In Basement, Electric Dryer Hookup
Features Sun Room

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $8,351
Assessed Value $604,700

Interior Features

Flooring: Tile, Hardwood
Appliances: Water Heater
Interior Features: Sun Room
Windows:
Basement: Full
Laundry: In Basement, Electric Dryer 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, Electric Baseboard, Oil
Heating Zones: 3
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:

Location

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Neighborhood

51 Bancroft Ave, 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
$0
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 $696
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
22
Total Days on Market
2
Previous Sales

Property Timeline

Sold
Aug 25, 2021
$750,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jul 7, 2021
$699,000
Original listing
Agent: Rollo Ravech Group
Previous Transaction - MLS #72586600
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 13, 2019
$645,000
MLS #72586600
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
Jul 7, 2021 New Listing Added $699,000
Dec 13, 2019 Sold $645,000
Dec 19, 2013 Sold $500,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$392

Tax History

Year Taxes Assessment
2021 $8,351 $604,700

Financial Details

Annual Property Tax
$8,351
Tax Year 2021
Assessed Value
$604,700

Listing Information

Listing Agent Rollo Ravech Group
Listing Office Signal Real Estate
Agent MLS ID TM333155
Office MLS ID AN1789
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

Real-time market trends and pricing data for this area

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