Check Availability

87 Bancroft Avenue

87 Bancroft Avenue, Reading, MA 01867
Property in Reading
87 Bancroft Avenue in Reading, MA was first built in 1920 and is 106 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 200 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 87 Bancroft Avenue has 1,743 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 482 sqft and has been categorized as a .

Learn more about the property and building on this page. The home has a style roof made of . Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The condition of the building has been evaluated as . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 87 Bancroft Avenue sold most recently in Jan 27, 2021 for a total of $480,000. If you work out the math, that's approximately a cost of $275.39 per sqft. Before that, the property was also sold for $273,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $542,400 in taxes each year. 87 Bancroft Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $462,800. Improvements to the property, however, were assessed at a total of $462,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
Assigned Parking

Facilities

Laundry Room

Driveway

Paved Driveway

Location

Near Public Transit

Pet Policy

Dogs Allowed / Cats Allowed

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240313 Unit 87
03/13/2024
87
Loft
2 Bath
1743 ft²
$599,000
bedrooms
Loft
bathrooms
2 Bath
square feet
1743 ft²
$655,000 +9.35%
05/30/2024
Ngan Vien
eXp Realty
20201209 Unit 87
12/09/2020
87
3 Bed
2 Bath
1743 ft²
$499,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1743 ft²
$480,000 -3.81%
02/19/2021
CANEI Group
Keller Williams Realty
20090401 Unit 87
04/01/2009
87
Loft
2 Bath
1743 ft²
$285,000
bedrooms
Loft
bathrooms
2 Bath
square feet
1743 ft²
$273,000 -4.21%
08/31/2009
Patricia DeWolfe
Leading Edge Real Estate
20050919 Unit 87
09/19/2005
87
Loft
2 Bath
1261 ft²
$299,900
bedrooms
Loft
bathrooms
2 Bath
square feet
1261 ft²
$290,000 -3.30%
11/23/2005
Joyce Kiley
Boardwalk Real Estate


Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 482
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,743
  • Gross Building Area: 2,225
  • Building Area: 1,743
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,743
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334200

Geography

  • Account Number: 86A000038
  • Parcel: READ M:021.0-0702-0386.0
  • Municipality: READING
  • Latitude: 42.5277
  • Longitude: -71.1082

    Address

  • Full Address: 87 Bancroft Ave
  • Address - House Number: 87
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2513
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $542,400

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 580,226
  • High Value: 674,396
  • Low Value: 486,057

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,800
  • Assessed Improvements Value: $462,800

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37884
  • Previous Sale Recording Date: Aug 31, 2009
  • Previous Sale Amount: $273,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Reading



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,720 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 87 Bancroft Avenue located in?
The 87 Bancroft Avenue is a other located in the neighborhood of Reading in Reading, Reading.
What is the average sales price for listings in 87 Bancroft Avenue?
The average sales price for units in 87 Bancroft Avenue is $0 currently.