322 Summer Ave, Reading MA 01867

Reading, MA 01867
$700,000
Est. $3,726/month
3
Beds
1
Baths
1,158
Sq Ft
$604
Price/Sq Ft
0.25
Acres
1950
Year Built
Single Family Residence
Type
50
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73285450

About this home

25K Price Reduction & Very Motivated Seller!!! Beautifully updated 3 bedroom home in a great location with a bright dining room that can be used as a 4th bedroom with a nice size fenced in yard and 1 car garage. The updates include new bathroom, new plumbing and hot water heater, electrical panel upgraded to 200Amp ,new gas line at the property, kitchen upgrades and etc.There is also potential for expansion.

Sale Statistics

Sale Overview
Original List Price: $815,000
Final Sale Price: $700,000
Difference: $115,000 (-14.1%)
Performance Metrics
85.9%
List to Sale Ratio
Sold below asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $704
Sale $/sq ft: $604
This property sold for $604 per square foot
Sale Summary

This property sold for 14.1% below the original asking price.

The property spent 50 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1950
Bedrooms
3
Full Bathrooms
1
Living Area
1,158 sq ft
Total Rooms
6

Interior Features

Heating
Forced Air, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Refrigerator
Laundry Features
In Basement
Basement Details
Full, Walk-Out Access, Interior Entry, Sump Pump

Exterior & Structure

Architectural Style
Ranch
Foundation
Block
Exterior Features
Porch, Deck
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.25 acres
Lot Size
10,715 sq ft
Lot Size Area
0.2500
Lot Features
Corner Lot, Gentle Sloping
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Attached, Off Street
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,912
Tax Year
2024
Tax Assessed Value
$675,100
Parcel Number
731950
Zoning
S15

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No

Location

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Neighborhood

322 Summer Ave, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $659
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.4%
Price Range
52
Total Days on Market

Property Timeline

Sold
Nov 8, 2024
$700,000
Property sold
Days on Market: 52
🏠
Listed for Sale
Sep 5, 2024
$740,000
Original listing

Price & Status History

Date Event Price Change
Sep 5, 2024 New Listing Added $740,000

Market Statistics

Days on Market
50 days
Price per Sq Ft
$604

Tax History

Year Taxes Assessment
2024 $7,912 $675,100

Financial Details

Annual Property Tax
$7,912
Tax Year 2024
Assessed Value
$675,100

Listing Information

Listing Agent Mirela Zafiri
Listing Office Zafiri Real Estate
Agent MLS ID C8001375
Office MLS ID AN1981

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