514 Gazebo Circle # 514, Reading MA 01867

Reading, MA 01867
$525,000
Est. $2,794/month
2
Beds
2
Baths
1,143
Sq Ft
$459
Price/Sq Ft
1996
Year Built
Condominium
Type
18
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73406027

About this home

Price Improvement! Now offered at $499,900. Welcome to sought-after Summit Village in Reading! This well-maintained 2-bed, 2-bath condo is quietly tucked away within the community and offers a functional layout designed for modern living. The spacious primary suite features a walk-in closet, private bath, and slider to your serene patio and grassy backyard—perfect for morning coffee or curling up with a good book. A second bedroom offers flexibility for guests, a home office, or hobbies. Highlights include in-unit laundry, a cozy gas fireplace, generous storage, and two deeded parking spaces. All just minutes from I-95, I-93, and the commuter rail—a perfect blend of comfort, convenience, and location.

Sale Statistics

Sale Overview
Original List Price: $539,900
Final Sale Price: $525,000
Difference: $14,900 (-2.8%)
Performance Metrics
97.2%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $472
Sale $/sq ft: $459
This property sold for $459 per square foot
Sale Summary

This property sold for 2.8% below the original asking price.

With only 18 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
2
Living Area
1,143 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Tile, Laminate
Heating
Heat Pump
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry Features
Main Level, First Floor, In Unit, Gas Dryer Hookup
Basement Details
N

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Patio, Covered Patio/Deck
Patio/Porch Features
Patio, Covered
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Deeded, Assigned

Utilities & Systems

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

Community & HOA

HOA Fee
$390
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,652
Tax Year
2025
Tax Assessed Value
$496,200
Parcel Number
M:008.007640087.0,730712
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Village
Listing Terms
Contract

Location

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Neighborhood

514 Gazebo Circle # 514, 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 $471
Homeowners Insurance $200
HOA Fee $390
PMI $0

Property History

Market Insights

4.8%
Price Range
19
Total Days on Market

Property Timeline

Sold
Sep 3, 2025
$525,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jul 17, 2025
$499,900
Original listing
Agent: Lisa Santilli Office: Classified Realty Group

Price & Status History

Date Event Price Change
Jul 17, 2025 New Listing Added $499,900

Market Statistics

Days on Market
18 days
Price per Sq Ft
$459

Tax History

Year Taxes Assessment
2025 $5,652 $496,200

Financial Details

Annual Property Tax
$5,652
Tax Year 2025
HOA Fee
$390
Monthly
Assessed Value
$496,200

Listing Information

Listing Agent Lisa Santilli
Listing Office Classified Realty Group
Agent MLS ID B8000051
Office MLS ID B95141

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