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506 Gazebo Circle # 506, Reading MA 01867

Reading, MA 01867
$599,000
Est. $4,143/month
2
Beds
1.5
Baths
1,178
Sq Ft
$508
Price/Sq Ft
1996
Year Built
4 hours 8 minutes
Time on Market
Active Open House Listed Apr 28, 2026 • MLS# 73508154 Copied!

About this home

Welcome to this beautifully updated 2-level townhouse in sought-after Summit Village! Offering 2 beds, 1.5 baths, two balconies, and an attached 1-car garage, this move-in-ready home blends style and convenience. Gleaming hardwood floors flow throughout an open-concept living area featuring a cozy fireplace and a sun-filled window seat. The dining area opens to a private balcony through a newer sliding glass door. The kitchen boasts granite counters, stainless steel appliances, and ample storage. In-unit washer/dryer included. The spacious primary bedroom offers its own private balcony and walk-in closet. Enjoy a full-size garage with a private entrance plus additional driveway parking. That’s not all, newer HVAC(2023) and hot water heater(2024) are additional bonuses to this home. Professionally managed and meticulously maintained community with easy access to Routes 93, 95, 128, and commuter rail.

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Property Overview

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

Open House Schedule

03
May
Sunday, May 3
11:00 AM - 12:30 PM EDT
02
May
Saturday, May 2
11:30 AM - 1:00 PM EDT
30
Apr
Thursday, April 30
11:30 AM - 1:00 PM EDT

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1996
Living Area 1,178 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Central
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Microwave, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Balcony, Gazebo
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

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

Utilities

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

Financial

Annual Tax $5,711
Assessed Value $548,800

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Microwave, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1996
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Golf, Highway Access, House of Worship, Private School, Public School

Location

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Neighborhood

506 Gazebo Circle # 506, 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
0.7 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
0.8 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
A-
Robin Hood School
1.1 mi | #248 of 824 | Score: 52.5
Improved 194 spots from last year
-5.8 below state avg
380 students Moderate
Rising School
Grades K-04
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
1.5 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
1.5 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.5 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
Learn about these ratings

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 $476
Homeowners Insurance $200
HOA Fee $438/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

60.9%
Price Range
4
Previous Sales

Property Timeline

🏠
Listed for Sale
Apr 28, 2026
$599,000
Original listing
Agent: MonaLisa Team Office: Compass
Previous Transaction - MLS #73289418
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 25, 2024
$585,000
MLS #73289418
Previous Transaction - MLS #72941255
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 25, 2022
$465,000
MLS #72941255
Previous Transaction - MLS #72211864
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 5, 2017
$355,000
MLS #72211864
Previous Transaction - MLS #71682462
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 6, 2014
$234,000
MLS #71682462

Price & Status History

Date Event Price Change
Apr 28, 2026 New Listing Added $599,000
Oct 25, 2024 Sold $585,000
Mar 25, 2022 Sold $465,000
Dec 5, 2017 Sold $355,000
Jun 6, 2014 Sold $234,000

Market Statistics

Time on Market
4 hours 8 minutes
Price per Sq Ft
$508

Tax History

Year Taxes Assessment
2025 $5,711 $548,800

Financial Details

Annual Property Tax
$5,711
Tax Year 2025
HOA Fee
$438
Monthly
Assessed Value
$548,800

Listing Information

Listing Agent MonaLisa Team
Listing Office Compass
Agent MLS ID TM358818
Office MLS ID AN2606
Listing Data Updated Apr 28, 2026 3:30 AM 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

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