BMN Boston

Get our mobile app!

Download on the App Store

245 Summer Avenue, Reading MA 01867

Reading, MA 01867
$1,850,000
Est. $11,243/month
5
Beds
6.5
Baths
6,251
Sq Ft
$296
Price/Sq Ft
0.47
Acres
2018
Year Built
6
Days on Market
Closed Listed Mar 20, 2024 • MLS# 73214259 Copied!

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!

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Public Records

Current Owner

Owner PLICHTA GREGORY ALLAN
Mailing Address 245 SUMMER AVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style COLONIAL

Tax Information

Assessed Value $1,897,800
Tax Rate $12.38 per $1,000
Base Tax $23,495
CPA Surcharge 1.5% ($334)
Estimated Annual Tax $23,829

Assessment History

Year Land Building Total Change
FY2026 $549,900 $1,334,400 $1,897,800

Sale History

Date Price Book/Page
Jun 14, 2024 $1,850,000 82887/428

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (88.2% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2018
Bedrooms
5
Full Bathrooms
6
Half Bathrooms
1
Living Area
6,251 sq ft
Total Rooms
15

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.

Nearby Sales Comparison

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

This Property
$296/sq ft
Area Average
$520/sq ft
Difference
43.0%

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

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 5
Full Baths 6
Half Baths 1
Total Rooms 15

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall To Wall Carpet, Flooring - Stone/ceramic Tile
Appliances Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace Family Room, Kitchen, Living Room, Master Bedroom
Fireplaces 3
Basement Full, Interior Entry, Radon Remediation System, Unfinished
Laundry Closet/cabinets - Custom Built, Flooring - Stone/ceramic Tile, First Floor, Electric Dryer Hookup, Washer Hookup
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

Exterior

Construction Frame
Architecture Colonial
Roof Shingle, Rubber, Metal
Features Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Et Irrigation Controller
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite, Patio

Parking

Garage Spaces 3
Has Garage Yes
Features Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Paved
Total Spaces 13

Utilities

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

Financial

Annual Tax $20,265
Assessed Value $1,729,100

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
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
Windows: Insulated Windows
Basement: Full, Interior Entry, Radon Remediation System, Unfinished
Laundry: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, First Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
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, ET Irrigation Controller
Patio & Porch: Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 13
Parking Features: Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Paved

Special Features

Fireplaces: 3
Fireplace Type: Family Room, Kitchen, Living Room, Master Bedroom
Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, T-Station

Location

Loading map...

Neighborhood

245 Summer Avenue, Reading MA 01867

Reading, MA 01867

Walkability

Loading Walk Score...

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
A
Joshua Eaton School
0.4 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
0.5 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
RISE PreSchool
1.2 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.3 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
J. Warren Killam Elementary School
2.0 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
2.3 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
0.3 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
1.4 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
1.0 mi
Grades 06-12
A
Reading Memorial High School
1.2 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
Learn about these ratings

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 $1,689
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

63.1%
Price Range
7
Total Days on Market
2
Previous Sales

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
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

Price & Status History

Date Event Price Change
Mar 20, 2024 New Listing Added $1,899,000
Mar 18, 2019 Sold $1,500,000
Mar 27, 2017 Sold $700,000

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
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

245 Summer Avenue, Reading MA 01867 - Photo 1 245 Summer Avenue, Reading MA 01867 - Photo 2 245 Summer Avenue, Reading MA 01867 - Photo 3 245 Summer Avenue, Reading MA 01867 - Photo 4 245 Summer Avenue, Reading MA 01867 - Photo 5 245 Summer Avenue, Reading MA 01867 - Photo 6 245 Summer Avenue, Reading MA 01867 - Photo 7 245 Summer Avenue, Reading MA 01867 - Photo 8 245 Summer Avenue, Reading MA 01867 - Photo 9 245 Summer Avenue, Reading MA 01867 - Photo 10 245 Summer Avenue, Reading MA 01867 - Photo 11 245 Summer Avenue, Reading MA 01867 - Photo 12 245 Summer Avenue, Reading MA 01867 - Photo 13 245 Summer Avenue, Reading MA 01867 - Photo 14 245 Summer Avenue, Reading MA 01867 - Photo 15 245 Summer Avenue, Reading MA 01867 - Photo 16 245 Summer Avenue, Reading MA 01867 - Photo 17 245 Summer Avenue, Reading MA 01867 - Photo 18 245 Summer Avenue, Reading MA 01867 - Photo 19 245 Summer Avenue, Reading MA 01867 - Photo 20 245 Summer Avenue, Reading MA 01867 - Photo 21 245 Summer Avenue, Reading MA 01867 - Photo 22 245 Summer Avenue, Reading MA 01867 - Photo 23 245 Summer Avenue, Reading MA 01867 - Photo 24 245 Summer Avenue, Reading MA 01867 - Photo 25 245 Summer Avenue, Reading MA 01867 - Photo 26 245 Summer Avenue, Reading MA 01867 - Photo 27 245 Summer Avenue, Reading MA 01867 - Photo 28 245 Summer Avenue, Reading MA 01867 - Photo 29 245 Summer Avenue, Reading MA 01867 - Photo 30 245 Summer Avenue, Reading MA 01867 - Photo 31 245 Summer Avenue, Reading MA 01867 - Photo 32 245 Summer Avenue, Reading MA 01867 - Photo 33 245 Summer Avenue, Reading MA 01867 - Photo 34 245 Summer Avenue, Reading MA 01867 - Photo 35 245 Summer Avenue, Reading MA 01867 - Photo 36 245 Summer Avenue, Reading MA 01867 - Photo 37 245 Summer Avenue, Reading MA 01867 - Photo 38 245 Summer Avenue, Reading MA 01867 - Photo 39 245 Summer Avenue, Reading MA 01867 - Photo 40 245 Summer Avenue, Reading MA 01867 - Photo 41 245 Summer Avenue, Reading MA 01867 - Photo 42
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Schedule a Tour