4 Summit Drive # 315, Reading MA 01867

Reading, MA 01867
$284,000
2
Beds
2
Baths
1,085
Sq Ft
$262
Price/Sq Ft
1985
Year Built
1
Garage Space
11
Days on Market
Sold Listed Apr 25, 2014 • MLS# 71670045 Copied! • Updated Jun 18, 2014

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Sale Statistics

Sale Overview
Original List Price: $289,900
Final Sale Price: $284,000
Difference: $5,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $267
Sale $/sq ft: $262
This property sold for $262 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$262/sq ft
Area Median
$508/sq ft
Difference
48.5%

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

About this home

Bright and cheerful third floor corner unit with south/west exposure. Balcony off the living room. Spacious bedrooms and lots of closet space. Tile entry foyer. In unit laundry. Washer, dryer and refrig remain. Microwave does not work. Deeded garage parking-space G 2. Most of heat is included in the condo fee. Ideally located just minutes from route 128 & 93

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Recently Sold Nearby

Property History

Market Insights

2%
Price Range
12
Total Days on Market

Property Timeline

Sold
Jun 16, 2014
$284,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Apr 25, 2014
$289,900
Original listing
Agent: Joyce N. Kiley Office: Boardwalk Real Estate

Tax History

Year Taxes Assessment
2014 $2,768 $187,800

Financial Details

Annual Property Tax
$2,768
Tax Year 2014
HOA Fee
$557
Monthly
Assessed Value
$187,800

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,085 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Heat Pump, Natural Gas
Cooling Central Air, Heat Pump
Flooring Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Deeded, Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Gas Dryer, For Electric Dryer, Washer Hookup
Annual Tax $2,768
Assessed Value $187,800

HOA & Community

HOA Fee $557 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 315
Sq Ft Source Master Deed
Documents None
County Middlesex
Total market time (incl. prior listings) 12 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,085 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Third Floor, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1985
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Natural Gas
Cooling: Central Air, Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Deeded, Off Street
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
0.6 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
0.9 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
St. Joseph Elementary School
1.1 mi
Grades PK-08
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
1.4 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
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.4 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
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Location

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Neighborhood

4 Summit Drive # 315, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Boardwalk Real Estate
Office Phone 781-944-7820
Agent MLS ID B0303022
Office MLS ID B30601
Listing Data Updated Jun 18, 2014 1:01 PM 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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