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510 Gazebo Circle # 510, Reading MA 01867

Reading, MA 01867
$480,000
Est. $2,555/month
1
Beds
1.5
Baths
950
Sq Ft
$505
Price/Sq Ft
1996
Year Built
Condominium
Type
15
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73222045

About this home

Rare and desirable corner unit! Meticulously maintained throughout & ready to move right in. Special features include new tankless hot water / heating & A/C systems. All windows have also been upgraded. The unit has a 1st level open floor plan, all gleaming hardwood flooring, gas fireplace, private balcony, storage closet, half tile bath, & separate laundry area. The 2nd level spacious bedroom has a walk-in closet, full tile bath, & an oversized linen closet. The attached garage has direct unit access and room for storage. Additional paved deeded parking space just outside the garage. Low condo fees too! Summit Village is a highly desirable complex situated in a residential neighborhood close to shopping, restaurants, major routes 95 & 93, both Reading & Wakefield commuter rails, Lake Quannapowitt, and Bear Hill Country Club & Golf Course. The perfect place to settle into your new home!

Sale Statistics

Sale Overview
Original List Price: $470,000
Final Sale Price: $480,000
Difference: +$10,000 (+2.1%)
Performance Metrics
102.1%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $495
Sale $/sq ft: $505
This property sold for $505 per square foot
Sale Summary

This property sold for 2.1% above the original asking price, indicating strong buyer demand.

With only 15 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
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
950 sq ft
Total Rooms
4
Stories
2
Entry Level
2

Interior Features

Flooring
Tile, Carpet, Hardwood
Heating
Natural Gas, Hydro 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
Laundry Features
First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
N
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Balcony, Gazebo, Professional Landscaping
Has Spa
No
Waterfront Features
Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
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
Attached, Garage Door Opener, Storage, Deeded, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
HOA Fee
$312
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,034
Tax Year
2024
Tax Assessed Value
$429,500
Parcel Number
730708
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Village
Common Walls
Corner
Disclosures
New tankless hot water/heating and air conditioning systems installed in 2020. All windows have also been upgraded - insulated and tilt-in for cleaning. Upgraded slider door to balcony too. Low condo fees, $312 per month.
Listing Terms
Contract

Location

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Neighborhood

510 Gazebo Circle # 510, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
Joshua Eaton
Rating information coming soon
Middle School
Parker Middle
Rating information coming soon
High School
Reading High
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $420
Homeowners Insurance $200
HOA Fee $312
PMI $0

Property History

Market Insights

2.1%
Price Range
17
Total Days on Market

Property Timeline

✓
Sold
Jun 20, 2024
$480,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Apr 10, 2024
$470,000
Original listing
Agent: Gayle Faller Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Apr 10, 2024 New Listing Added $470,000 —

Market Statistics

Days on Market
15 days
Price per Sq Ft
$505

Tax History

Year Taxes Assessment
2024 $5,034 $429,500

Financial Details

Annual Property Tax
$5,034
Tax Year 2024
HOA Fee
$312
Monthly
Assessed Value
$429,500

Listing Information

Listing Agent Gayle Faller
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID B8000202
Office MLS ID AN6219

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