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533 Summer Ave # 1, Reading MA 01867

Reading, MA 01867
$600,000
Est. $4,048/month
3
Beds
1.5
Baths
1,820
Sq Ft
$330
Price/Sq Ft
0.68
Acres
1916
Year Built
21
Days on Market
Closed Listed Feb 25, 2020 • MLS# 72623418 Copied!

About this home

Priced to Sell! Newly renovated attached Single Family style Townhome. Ideally located on Summer Avenue in Reading, this home boasts over 1,800 square feet, an oversized 1-car garage, and 2 stories of living. Upon entry we are greeted by the modern comforts of a mudroom while retaining the charm of yesteryear's formal entry. Living is easy in this spacious open residence. The warm living room flows effortlessly into the sun-drenched dining area and continuing to the sleek and stylish gourmet kitchen. Completing the first floor is the well-planned half bath, tucked away, adjacent to the rear entry and garage. A dramatic staircase leads us to the bedrooms, each offering generous closet space shelved for your convenience. An elegantly tiled bathroom awaits offering double sinks, a glass enclosed shower, and claw-foot soaking tub to melt the day away. Other highlights include french doors opening to a private study.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1916
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,820 sq ft
Total Rooms
8
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $600,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $330
Sale $/sq ft: $330
This property sold for $330 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$330/sq ft
Area Average
$237/sq ft
Difference
+39.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1916
Living Area 1,820 sq ft
Lot Size 0.68 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Forced Air
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Fireplaces 1
Basement Y
Laundry First Floor
Features 1/4 Bath, Bathroom, Bonus Room

Exterior

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

Parking

Garage Spaces 2
Has Garage Yes
Features None
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,332
Assessed Value $585,500

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features: 1/4 Bath, Bathroom, Bonus Room
Windows:
Basement: Y
Laundry: First Floor
Security:

Construction & Materials

Year Built: 1916
Effective Year (Renovated): 2020
Structure Type: Townhouse, Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
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: 2
Total Parking Spaces: 6
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

533 Summer Ave # 1, 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
A
Joshua Eaton School
0.6 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
B+
Walton School
0.9 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-
Robin Hood School
1.2 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
1.1 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
1.7 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
1.8 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
1.6 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.7 mi
Grades 09-12
A
Reading Memorial High School
1.8 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
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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 $694
Homeowners Insurance $200
HOA Fee $120/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

0%
Price Range
24
Total Days on Market

Property Timeline

Sold
Apr 30, 2020
$600,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Feb 25, 2020
$599,900
Original listing
Agent: Gaetano Manganiello Office: ARG

Price & Status History

Date Event Price Change
Feb 25, 2020 New Listing Added $599,900

Market Statistics

Days on Market
21 days
Price per Sq Ft
$330

Tax History

Year Taxes Assessment
2019 $8,332 $585,500

Financial Details

Annual Property Tax
$8,332
Tax Year 2019
HOA Fee
$120
Monthly
Assessed Value
$585,500

Listing Information

Listing Agent Gaetano Manganiello
Listing Office ARG
Agent MLS ID B9500787
Office MLS ID AN3013
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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