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245 Summer Avenue, Reading MA 01867

Reading, MA 01867
$1,850,000
Est. $9,846/month
5
Beds
6.5
Baths
6,251
Sq Ft
$296
Price/Sq Ft
0.47
Acres
2018
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73214259

About this home

Welcome to 245 Summer Avenue, a truly exceptional property in Reading that redefines luxury living. The entire house underwent a comprehensive gut renovation in 2018 and has had multiple updates since, ensuring top-notch quality and smart amenities throughout. Step inside to discover designer tile, fixtures, and finishes that exude modern elegance and warmth. With multiple fireplaces, custom woodwork and built-ins, a primary suite that is truly its own oasis, and multiple flex spaces, there is little left to be desired. Situated on a sprawling lot, this property offers a fenced-in yard, an oversized patio, and abundant green space, creating an inviting outdoor retreat. The detached 3-car garage and a spacious driveway provide parking for the whole family and then some! Situated within walking distance to restaurants, shops, and the commuter rail, this home boasts an unbeatable location. Don't miss the opportunity to make this exceptional one-of-a-kind property your own!

Sale Statistics

Sale Overview
Original List Price: $1,899,000
Final Sale Price: $1,850,000
Difference: $49,000 (-2.6%)
Performance Metrics
97.4%
List to Sale Ratio
Sold below asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $304
Sale $/sq ft: $296
This property sold for $296 per square foot
Sale Summary

This property sold for 2.6% below the original asking price.

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
2018
Bedrooms
5
Full Bathrooms
6
Half Bathrooms
1
Living Area
6,251 sq ft
Total Rooms
15

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room, Kitchen, Living Room, Master Bedroom
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features
Recessed Lighting, Lighting - Overhead, Bathroom - Full, Bathroom - Tiled With Shower Stall, Den, Home Office, Bonus Room, Game Room, Play Room, Bathroom, High Speed Internet
Laundry Features
Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, First Floor, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Radon Remediation System, Unfinished
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle, Rubber, Metal
Foundation
Stone, Brick/Mortar
Exterior Features
Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, ET Irrigation Controller
Patio/Porch Features
Deck - Composite, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.47 acres
Lot Size
20,400 sq ft
Lot Size Area
0.4700
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
3
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
10
Parking Features
Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Paved
Covered Parking Spaces
3

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$20,265
Tax Year
2024
Tax Assessed Value
$1,729,100
Parcel Number
732216
Zoning
S15

Additional Details

Year Built Source
Owner
Year Built Details
Renovated Since
Attached Property
No
Disclosures
*Year Built refers to year of complete renovation. Original structure from 1919.
Exclusions
Tv In Family Room On First Floor Is Negotiable.

Location

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Neighborhood

245 Summer Avenue, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
Superintendent
Rating information coming soon
Middle School
Superintendent
Rating information coming soon
High School
Rmhs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,689
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.6%
Price Range
7
Total Days on Market

Property Timeline

✓
Sold
Jun 14, 2024
$1,850,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 20, 2024
$1,899,000
Original listing
Agent: Vita Realty Group Office: Compass

Price & Status History

Date Event Price Change
Mar 20, 2024 New Listing Added $1,899,000 —

Market Statistics

Days on Market
6 days
Price per Sq Ft
$296

Tax History

Year Taxes Assessment
2024 $20,265 $1,729,100

Financial Details

Annual Property Tax
$20,265
Tax Year 2024
Assessed Value
$1,729,100

Listing Information

Listing Agent Vita Realty Group
Listing Office Compass
Agent MLS ID TM336409
Office MLS ID AN6433

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