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4 Summit Terrace # 102, Reading MA 01867

Reading, MA 01867
$335,000
Est. $2,669/month
2
Beds
2
Baths
986
Sq Ft
$340
Price/Sq Ft
1985
Year Built
6
Days on Market
Closed Listed Jun 30, 2017 • MLS# 72191431 Copied!

About this home

Quite ,private and sunny Condo in a very well maintained condo complex.This spacious 2 bed unit has a lot to offer;Extra storage right outside the unit . Covered parking ; beautiful surrandings and very easy to get to major highways.Central A/C; Stackable laundry unit right inside and a great patio off livingroom. Recent updates include:;wall to wall carpet and new granite kitchen counters Showing start Sunday 12:00 to 1:30

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
986 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $319,900
Final Sale Price: $335,000
Difference: +$15,100 (+4.7%)
Performance Metrics
104.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $324
Sale $/sq ft: $340
This property sold for $340 per square foot
Sale Summary

This property sold for 4.7% above the original asking price, indicating strong buyer demand.

With only 6 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
$340/sq ft
Area Average
$237/sq ft
Difference
+43.4%

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 986 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Natural Gas, Hydro Air
Cooling Central Air
Flooring Carpet
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Carport, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other Washer Hookup

Financial

Annual Tax $2,963
Assessed Value $211

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, In Unit, Washer Hookup
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Natural Gas, Hydro Air
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Carport, Off Street

Location

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Neighborhood

4 Summit Terrace # 102, 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
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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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 $247
Homeowners Insurance $200
HOA Fee $528/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

4.5%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jul 27, 2017
$335,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Jun 30, 2017
$319,900
Original listing
Agent: Aki Taheri Office: Premier Realty Group, Inc.

Price & Status History

Date Event Price Change
Jun 30, 2017 New Listing Added $319,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$340

Tax History

Year Taxes Assessment
2017 $2,963 $211

Financial Details

Annual Property Tax
$2,963
Tax Year 2017
HOA Fee
$528
Per month
Assessed Value
$211

Listing Information

Listing Agent Aki Taheri
Listing Office Premier Realty Group, Inc.
Agent MLS ID B0583540
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

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