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4 Summit Drive # 212, Reading MA 01867

Reading, MA 01867
$327,000
Est. $2,718/month
2
Beds
2
Baths
1,075
Sq Ft
$304
Price/Sq Ft
1985
Year Built
15
Days on Market
Closed Listed Feb 16, 2018 • MLS# 72282396 Copied!

About this home

Highly desirable Summit Terrace complex just minutes from transportation, restaurants, shopping and access to major highways; 128, 93 and 95. Spacious 2 bedroom, 2 bath unit with living room/ dining room combination that has access to a private balcony. Bedrooms on each end affords great privacy. Full size washer and dryer in the unit. Hot water, water and most of the heat is included in the condo fee. Extra storage on the main level. Deeded garage parking G11. Plenty of parking for guests. Open houses are not welcome so please call for an appointment

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,075 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $320,000
Final Sale Price: $327,000
Difference: +$7,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $298
Sale $/sq ft: $304
This property sold for $304 per square foot
Sale Summary

This property sold for 2.2% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$304/sq ft
Area Average
$237/sq ft
Difference
+28.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,075 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Hydro Air
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $3,379
Assessed Value $243,600

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Second Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1985
Structure Type: Garden
Exterior Materials: Brick, Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Hydro Air
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street

Location

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Neighborhood

4 Summit Drive # 212, Reading MA 01867

Reading, MA 01867

Walkability

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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

3 schools
B+
Walton School
0.6 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
A
Joshua Eaton School
0.9 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
St. Joseph Elementary School
1.1 mi
Grades PK-08
M

Middle Schools

3 schools
A
Walter S Parker Middle School
1.4 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-
Galvin Middle School
1.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
B+
Stoneham Central Middle School
1.6 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.4 mi
Grades 09-12
A
Reading Memorial High School
2.0 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
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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 $282
Homeowners Insurance $200
HOA Fee $583/mo
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

4.5%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72537642
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 11, 2019
$335,000
MLS #72537642
Sold
Mar 26, 2018
$327,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Feb 16, 2018
$320,000
Original listing
Agent: Joyce N. Kiley Office: Boardwalk Real Estate

Price & Status History

Date Event Price Change
Oct 11, 2019 Sold $335,000
Feb 16, 2018 New Listing Added $320,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$304

Tax History

Year Taxes Assessment
2018 $3,379 $243,600

Financial Details

Annual Property Tax
$3,379
Tax Year 2018
HOA Fee
$583
Per month
Assessed Value
$243,600

Listing Information

Listing Agent Joyce N. Kiley
Listing Office Boardwalk Real Estate
Agent MLS ID B0303022
Office MLS ID B30601
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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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