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4 Summit Terrace # 509, Reading MA 01867

Reading, MA 01867
$287,900
Est. $2,679/month
2
Beds
2.5
Baths
1,230
Sq Ft
$234
Price/Sq Ft
1985
Year Built
46
Days on Market
Closed Listed Jun 9, 2016 • MLS# 72019932 Copied!

About this home

Spectacular views! Nothing but trees as you look out beyond your private deck. Facing south, this home is flooded with light, and the rare penthouse duplex layout allows sun in every room! Life is easy in this building as you park in your covered parking spot, and cruise the elevator up to this tree top view. Room sizes are great, closets good too, laundry in unit, both beds with en suite bathrooms, and living/dining all open and inviting. Location allows for easy access to the highways, or a quick trip to the center of town. If you want easy, this home is for you!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,230 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $294,000
Final Sale Price: $287,900
Difference: $6,100 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
46
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $239
Sale $/sq ft: $234
This property sold for $234 per square foot
Sale Summary

This property sold for 2.1% below the original asking price.

The property spent 46 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$234/sq ft
Area Average
$407/sq ft
Difference
42.5%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,230 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet
Appliances None
Fireplace None
Basement N
Laundry First Floor
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,550
Assessed Value $244,800

Interior Features

Flooring: Tile, Carpet
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
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:

Location

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Neighborhood

4 Summit Terrace # 509, 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 $296
Homeowners Insurance $200
HOA Fee $727/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

2.1%
Price Range
49
Total Days on Market

Property Timeline

Sold
Sep 2, 2016
$287,900
Property sold
Days on Market: 49
🏠
Listed for Sale
Jun 9, 2016
$294,000
Original listing
Agent: Mark Bernardino Office: Keller Williams Realty Boston-Metro | Back Bay

Price & Status History

Date Event Price Change
Jun 9, 2016 New Listing Added $294,000

Market Statistics

Days on Market
46 days
Price per Sq Ft
$234

Tax History

Year Taxes Assessment
2016 $3,550 $244,800

Financial Details

Annual Property Tax
$3,550
Tax Year 2016
HOA Fee
$727
Per month
Assessed Value
$244,800

Listing Information

Listing Agent Mark Bernardino
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Agent MLS ID BB806497
Office MLS ID BB5522
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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