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4 Summit Drive # 310, Reading MA 01867

Reading, MA 01867
$400,000
Est. $3,118/month
1
Beds
1.5
Baths
817
Sq Ft
$490
Price/Sq Ft
1985
Year Built
18
Days on Market
Closed Listed Jun 27, 2024 • MLS# 73258099 Copied!

About this home

This charming 1 bed, 1.5 bath condo offers easy and affordable living in a fantastic location. The CONDO FEE includes HEAT, GAS, WATER, and SEWER, making it a rare find that won't last long! With the added bonus of your own garage spot and ample storage in a utility closet, this property is perfect for those seeking a low-maintenance lifestyle. Ideal for first-time homebuyers, downsizers, or investors, this condo provides all the amenities you need for comfortable living. Don't miss out on this opportunity to own a cozy condo in a prime location

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
817 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $400,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $489
Sale $/sq ft: $490
This property sold for $490 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 18 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
$490/sq ft
Area Average
$237/sq ft
Difference
+106.6%

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 817 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Refrigerator
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup
Features High Speed Internet

Exterior

Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Deeded, Assigned, Off Street
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,777
Assessed Value $322,300

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Refrigerator
Interior Features: High Speed Internet
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1985
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Deeded, Assigned, Off Street

Location

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Neighborhood

4 Summit Drive # 310, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

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 $315
Homeowners Insurance $200
HOA Fee $581/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

22.1%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jul 24, 2024
$400,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jun 27, 2024
$399,900
Original listing
Agent: Goldpath Real Estate Group Office: Cameron Real Estate Group
Previous Transaction - MLS #72608948
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 22, 2020
$311,500
MLS #72608948

Price & Status History

Date Event Price Change
Jun 27, 2024 New Listing Added $399,900
Apr 22, 2020 Sold $311,500

Market Statistics

Days on Market
18 days
Price per Sq Ft
$490

Tax History

Year Taxes Assessment
2024 $3,777 $322,300

Financial Details

Annual Property Tax
$3,777
Tax Year 2024
HOA Fee
$581
Monthly
Assessed Value
$322,300

Listing Information

Listing Agent Goldpath Real Estate Group
Listing Office Cameron Real Estate Group
Agent MLS ID TM333074
Office MLS ID AC0756
Listing Data Updated Jul 25, 2024 12:08 PM 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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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