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4 Summit Drive # 311, Reading MA 01867

Reading, MA 01867
$178,000
Est. $1,676/month
1
Beds
1
Baths
683
Sq Ft
$261
Price/Sq Ft
1985
Year Built
57
Days on Market
Closed Listed Jan 21, 2014 • MLS# 71625010 Copied!

About this home

Affordable 1 bedroom condo offers galley kitchen with granite counters and hardwood floors, spacious living room/dining room combination with direct access to private balcony, full bath with new vanity, washer and dryer in unit, central air, garage parking, extra storage, great unit, great complex at a great price! Easy access to major highways. Enjoy the simple life!!

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $185,000
Final Sale Price: $178,000
Difference: $7,000 (-3.8%)
Performance Metrics
96.2%
List to Sale Ratio
Sold below asking price
57
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $271
Sale $/sq ft: $261
This property sold for $261 per square foot
Sale Summary

This property sold for 3.8% below the original asking price.

The property spent 57 days on market before selling.

Nearby Sales Comparison

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

This Property
$261/sq ft
Area Average
$237/sq ft
Difference
+10.1%

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 683 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air
Cooling Central Air
Flooring Wood, Carpet
Appliances Range, Dishwasher, Disposal, Microwave
Fireplace None
Basement Y
Laundry Third Floor
Features None

Exterior

Construction None
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

Financial

Annual Tax $2,341
Assessed Value $156,700

Interior Features

Flooring: Wood, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave
Interior Features:
Windows:
Basement: Y
Laundry: Third Floor
Security:

Construction & Materials

Year Built: 1985
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air
Cooling: Central Air
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 # 311, 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 $195
Homeowners Insurance $200
HOA Fee $381/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

41.6%
Price Range
58
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72785611
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 31, 2021
$305,000
MLS #72785611
Sold
Apr 25, 2014
$178,000
Property sold
Days on Market: 58
🏠
Listed for Sale
Jan 21, 2014
$179,900
Original listing
Agent: Wendy Carpenito Office: Carpenito Real Estate, Inc.

Price & Status History

Date Event Price Change
Mar 31, 2021 Sold $305,000
Jan 21, 2014 New Listing Added $179,900

Market Statistics

Days on Market
57 days
Price per Sq Ft
$261

Tax History

Year Taxes Assessment
2013 $2,341 $156,700

Financial Details

Annual Property Tax
$2,341
Tax Year 2013
HOA Fee
$381
Per month
Assessed Value
$156,700

Listing Information

Listing Agent Wendy Carpenito
Listing Office Carpenito Real Estate, Inc.
Agent MLS ID C8002906
Office MLS ID C99977
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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