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4 Summit Drive # 213, Reading MA 01867

Reading, MA 01867
$214,000
Est. $1,831/month
1
Beds
1
Baths
683
Sq Ft
$313
Price/Sq Ft
1985
Year Built
71
Days on Market
Closed Listed Sep 9, 2014 • MLS# 71740333 Copied!

About this home

LIVE A LITTLE! WORK LESS-INVEST IN CONDO LIVING!! Meticulous updated 1 bedroom condo in desirable Summit Terrace. Gleaming hardwood floors, 1 deeded garage space with many additional parking spaces. Nothing to do but move in and start enjoying your life with out the lawn mower and snow shovel. Don't let this one pass you by! A must see!!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
683 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $224,900
Final Sale Price: $214,000
Difference: $10,900 (-4.8%)
Performance Metrics
95.2%
List to Sale Ratio
Sold below asking price
71
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $329
Sale $/sq ft: $313
This property sold for $313 per square foot
Sale Summary

This property sold for 4.8% below the original asking price.

The property spent 71 days on market before selling.

Nearby Sales Comparison

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

This Property
$313/sq ft
Area Average
$237/sq ft
Difference
+32.0%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 683 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Heat Pump
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Common
Total Spaces 2

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $2,098
Assessed Value $142,300

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave
Interior Features:
Windows: Storm Window(s)
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: TV Monitor

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
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, Common

Location

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Neighborhood

4 Summit Drive # 213, 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

6 schools
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
A
Alice M Barrows School
1.7 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.0 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.2 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.3 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.2 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 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
Arthur W Coolidge Middle School
2.2 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
2.3 mi
Grades 06-12
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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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 $175
Homeowners Insurance $200
HOA Fee $374/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

38.9%
Price Range
72
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73070076
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 28, 2023
$350,000
MLS #73070076
Sold
Dec 15, 2014
$214,000
Property sold
Days on Market: 72
🏠
Listed for Sale
Sep 9, 2014
$224,900
Original listing
Agent: Mary Ann Quinn Group Office: Premier Realty Group, Inc.

Price & Status History

Date Event Price Change
Feb 28, 2023 Sold $350,000
Sep 9, 2014 New Listing Added $224,900

Market Statistics

Days on Market
71 days
Price per Sq Ft
$313

Tax History

Year Taxes Assessment
2014 $2,098 $142,300

Financial Details

Annual Property Tax
$2,098
Tax Year 2014
HOA Fee
$374
Monthly
Assessed Value
$142,300

Listing Information

Listing Agent Mary Ann Quinn Group
Listing Office Premier Realty Group, Inc.
Agent MLS ID TM305137
Office MLS ID B95198
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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