245 Summer Ave, Reading MA 01867

Reading, MA 01867
$2,250,000
Est. $13,311/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
6.5
Baths
6,251
Sq Ft
$360
Price/Sq Ft
0.47
Acres
2018
Year Built
3
Garage Spaces
New today
Time on Market
For Sale Listed Oct 13, 2026 • MLS# 73582131 Copied! • Updated Oct 13, 2026

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About this home

There are homes that are beautifully renovated, and homes with history and soul. With an extensive 2018 gut renovation, 245 Summer Avenue offers the rare combination of both, blending timeless New England character, craftsmanship and architectural detail with the comfort and luxury of a thoughtful renovation. Designed for everyday living and entertaining, the home features generous gathering spaces, private retreats, a flexible main-level bedroom and nearly every bedroom with its own bath. Morning light fills the front office, creating an inviting place to work or begin the day. Outside, a spacious driveway and front yard provide room for bikes, hockey and play, while the private backyard offers a peaceful escape surrounded by mature landscaping and nature. Enjoy quiet mornings with coffee or relaxed evenings on the patio in remarkable privacy. Set among established homes in one of Reading’s most distinctive areas, the property feels tucked away yet remains close to schools, the town center and everyday conveniences. Sidewalks and beautiful surrounding streets encourage morning and evening walks, while nearby schools offer children a welcome sense of independence. Warm, elegant and designed to be lived in, 245 Summer Avenue pairs historic character with modern comfort, privacy and a lifestyle a new build simply cannot recreate.

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Recently Sold Nearby

Price & Status History

Market Insights

68.9%
Price Range
3
Previous Sales

Property Timeline

👁️
Showing Instructions Updated
Oct 13, 2026
New showing requirements
🏠
Listed for Sale
Oct 13, 2026
$2,250,000
Original listing
Agent: Druann Jedrey Office: Leading Edge Real Estate
Previous Transaction - MLS #73214259
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 14, 2024
$1,850,000
MLS #73214259
Previous Transaction - MLS #72394007
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 18, 2019
$1,500,000
MLS #72394007
Previous Transaction - MLS #71992604
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 27, 2017
$700,000
MLS #71992604

Tax History

Year Taxes Assessment
2026 $20,800 $1,897,800

Financial Details

Annual Property Tax
$20,800
Tax Year 2026
Assessed Value
$1,897,800

Facts & Features

3 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2018
Living Area 6,251 sq ft
Lot Size 0.47 acres
Bedrooms 6
Full Baths 6
Half Baths 1
Total Rooms 16

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet, Flooring - Hardwood
Appliances Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace Kitchen, Living Room, Master Bedroom
Fireplaces 3
Basement Full, Interior Entry, Radon Remediation System, Unfinished
Laundry First Floor, Electric Dryer Hookup, Washer Hookup
Features Lighting - Overhead, Recessed Lighting, Closet/cabinets - Custom Built, Bedroom, Den, Home Office, Bonus Room, Mud Room, High Speed Internet

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite, Patio
Garage Spaces 3
Has Garage Yes
Features Detached, Paved Drive, Off Street
Total Spaces 16
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup, Icemaker Connection
Annual Tax $20,800
Assessed Value $1,897,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Original Home Was Built In 1919 With A Complete Gut Renovation In 2018. Third Floor Bedroom Doesnt Have A Closet
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2018
Bedrooms
6
Full Bathrooms
6
Half Bathrooms
1
Living Area
6,251 sq ft
Total Rooms
16

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood
Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features: Lighting - Overhead, Recessed Lighting, Closet/Cabinets - Custom Built, Bedroom, Den, Home Office, Bonus Room, Mud Room, High Speed Internet
Windows: Insulated Windows
Basement: Full, Interior Entry, Radon Remediation System, Unfinished
Laundry: First Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 2018
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar

Utilities & Systems

Heating: Baseboard, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
Patio & Porch: Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 16
Parking Features: Detached, Paved Drive, Off Street

Special Features

Fireplaces: 3
Fireplace Type: Kitchen, Living Room, Master Bedroom
Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, T-Station
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
A+
Joshua Eaton School
0.4 mi | #83 of 825 | Score: 60.1
Improved 44 spots from last year
+1.9 above state avg
401 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
0.5 mi | #155 of 825 | Score: 56.8
Dropped 79 spots from last year
-1.4 below state avg
368 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
1.2 mi
100 students Moderate
Grades PK
B+
Birch Meadow School
1.3 mi | #256 of 825 | Score: 52.2
Dropped 176 spots from last year
-6 below state avg
346 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.0 mi | #92 of 825 | Score: 59.7
Improved 20 spots from last year
+1.5 above state avg
400 students Moderate
Rising School Strong Attendance
Grades K-05
B+
Wood End Elementary School
2.3 mi | #270 of 825 | Score: 51.7
Dropped 187 spots from last year
-6.5 below state avg
231 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.3 mi | #63 of 352 | Score: 54.6
Dropped 27 spots from last year
-3.6 below state avg
533 students Moderate
Strong Attendance
Grades 06-08
A
Arthur W Coolidge Middle School
1.4 mi | #43 of 352 | Score: 58.3
Improved 32 spots from last year
+0.1 above state avg
417 students Moderate
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
1.0 mi
Grades 06-12
A
Reading Memorial High School
1.2 mi | #63 of 346 | Score: 65.6
Dropped 3 spots from last year
+7.4 above state avg
1,066 students Moderate
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 Breakdown

Principal & Interest $0
Property Tax $1,733
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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.

Location

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Neighborhood

245 Summer Ave, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Druann Jedrey
Listing Office Leading Edge Real Estate
Office Phone 781-944-6060
Agent MLS ID B7000044
Office MLS ID AN4648
Listing Data Updated Oct 13, 2026 11:28 AM EDT
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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