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544 Summer Avenue, Reading MA 01867

Reading, MA 01867
$520,000
Est. $3,370/month
3
Beds
1.5
Baths
1,396
Sq Ft
$372
Price/Sq Ft
0.23
Acres
1975
Year Built
3
Days on Market
Closed Listed Jan 7, 2021 • MLS# 72772417 Copied!

About this home

Solid house in a great neighborhood and centrally located to everything Reading has to offer. This represents a wonderful opportunity for someone to be creative with a house that has been well maintained for years. The house is "move in ready" and any updates can be done at the buyer's own budget and timeframe. This home would be ideal for a first time homebuyer or someone who is looking to downsize to a home with first floor living.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1975
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,396 sq ft
Total Rooms
5

Sale Statistics

Sale Overview
Original List Price: $479,900
Final Sale Price: $520,000
Difference: +$40,100 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $344
Sale $/sq ft: $372
This property sold for $372 per square foot
Sale Summary

This property sold for 8.4% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$372/sq ft
Area Average
$445/sq ft
Difference
16.4%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1975
Living Area 1,396 sq ft
Lot Size 0.23 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Baseboard, Oil
Cooling None
Flooring Carpet, Flooring - Wall To Wall Carpet
Appliances Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Interior Entry
Laundry Electric Dryer Hookup, Washer Hookup
Features Bathroom - Half, Cable Hookup, Play Room, High Speed Internet

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Rain Gutters, Screens, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,487
Assessed Value $465,000

Interior Features

Flooring: Carpet, Flooring - Wall to Wall Carpet
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bathroom - Half, Cable Hookup, Play Room, High Speed Internet
Windows: Insulated Windows, Storm Window(s), Screens
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Ranch
Year Built: 1975
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Screens, Fenced Yard
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Easements, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Golf, Highway Access

Location

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Neighborhood

544 Summer Avenue, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

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 $541
Homeowners Insurance $200
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

23.8%
Price Range
4
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72787207
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 31, 2021
$630,000
MLS #72787207
Sold
Jan 29, 2021
$520,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Jan 7, 2021
$479,900
Original listing
Office: Classified Realty Group

Price & Status History

Date Event Price Change
Mar 31, 2021 Sold $630,000
Jan 7, 2021 New Listing Added $479,900

Market Statistics

Days on Market
3 days
Price per Sq Ft
$372

Tax History

Year Taxes Assessment
2020 $6,487 $465,000

Financial Details

Annual Property Tax
$6,487
Tax Year 2020
Assessed Value
$465,000

Listing Information

Listing Agent Edward Madden
Listing Office Classified Realty Group
Agent MLS ID CN222226
Office MLS ID B95141
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

Real-time market trends and pricing data for this area

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