506 Gazebo Circle # 506, Reading MA 01867

Reading, MA 01867
$585,000
Est. $3,114/month
2
Beds
1.5
Baths
1,178
Sq Ft
$497
Price/Sq Ft
1996
Year Built
Condominium
Type
11
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73289418

About this home

Discover the perfect blend of comfort and convenience in this stunning 2-level, 2 private balconies,1-car garage townhouse nestled in Summit Village! It offers 2 bedrooms, with the main bedroom featuring a private balcony and a large walk-in closet, and 1.5 bathrooms, hardwood floor throughout. The home boasts an open floor plan living area with a fireplace, a box window providing abundant natural light, and a dining area that leads to a balcony through a sliding door. The kitchen includes granite countertops, stainless steel appliances, and a vent hood, plus a washer and dryer in the unit. The full-size garage is located underneath the unit and has a separate entrance, with an additional off-street parking spot in the driveway. Recent updates include a new hot water heater, new HVAC system, new bathrooms, and a new sliding door. This professionally managed and meticulously maintained community offers easy access to major highways, commuter rails. OH this Saturday and Sunday 12-2:30pm.

Sale Statistics

Sale Overview
Original List Price: $579,900
Final Sale Price: $585,000
Difference: +$5,100 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $492
Sale $/sq ft: $497
This property sold for $497 per square foot
Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1996
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,178 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Interior Features

Flooring
Hardwood
Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Basement Details
N
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

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

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Highway Access, Public School
HOA Fee
$409
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,674
Tax Year
2024
Tax Assessed Value
$484,100
Parcel Number
730704
Zoning
R

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Buyer and Buyer's Agent to verify all information and perform their own due diligence.

Location

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Neighborhood

506 Gazebo Circle # 506, 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 $473
Homeowners Insurance $200
HOA Fee $409
PMI $0

Property History

Market Insights

0.9%
Price Range
12
Total Days on Market

Property Timeline

Sold
Oct 25, 2024
$585,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Sep 12, 2024
$579,900
Original listing
Agent: Wei Wang Office: WW Real Estate LLC

Price & Status History

Date Event Price Change
Sep 12, 2024 New Listing Added $579,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$497

Tax History

Year Taxes Assessment
2024 $5,674 $484,100

Financial Details

Annual Property Tax
$5,674
Tax Year 2024
HOA Fee
$409
Per month
Assessed Value
$484,100

Listing Information

Listing Agent Wei Wang
Listing Office WW Real Estate LLC
Agent MLS ID BB809459
Office MLS ID AN8595

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