LevelThird
506 Gazebo Circle # 506, Reading MA 01867
Reading, MA 01867
$355,000
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Sale Statistics
Sale Overview
Original List Price:
$415,000
Final Sale Price:
$355,000
Difference:
$60,000 (-14.5%)
Performance Metrics
85.5%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$352
Sale $/sq ft:
$301
This property sold for $301 per square foot
Sale Summary
This property sold for 14.5% below the original asking price.
The property spent 49 days on market before selling.
Nearby Sales Comparison
Based on 9 similar properties sold within 0.5 miles in the last 90 days
This Property
$301/sq ft
Area Median
$473/sq ft
Difference
36.4%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Pay under $2,400.00 month (assuming 30 year fixed rate). Build equity! Location, location, location: 10 miles from Boston! Sunny, bright & happy townhouse at the Summitt Village Condominium Complex on the Reading/Stoneham town line 2 minutes from I-95! This well appointed residence offers a very open and airy feel with 2 beds (master has walk in closet and private deck); updated baths and kitchen and all on over 1100 sq ft of living space spread out over 2 levels. Amenities include gas heating, and cooling, fireplace, garage parking, in unit laundry and generous storage. A residential community that is professionally managed, meticulously maintained and conveniently located in a quiet residential neighborhood yet moments to shopping, restaurants and the commuter rail.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
61%
Price Range
50
Total Days on Market
4
Previous Sales
Property Timeline
Previous Transaction - MLS #73508154
Full transaction history available when tracking began
Previously Sold
Jun 8, 2026
$600,000
MLS #73508154
Previous Transaction - MLS #73289418
Full transaction history available when tracking began
Previously Sold
Oct 25, 2024
$585,000
MLS #73289418
Previous Transaction - MLS #72941255
Full transaction history available when tracking began
Previously Sold
Mar 25, 2022
$465,000
MLS #72941255
Sold
Dec 5, 2017
$355,000
Property sold
Days on Market: 50
Listed for Sale
Aug 10, 2017
$359,900
Original listing
Agent: Nancy Ciampa McLaughlin
Office: Redfin Corp.
Previous Transaction - MLS #71682462
Full transaction history available when tracking began
Previously Sold
Jun 6, 2014
$234,000
MLS #71682462
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/08/2026 | 🏷️ Previously Sold | $600,000 | - | - | MLS #73508154 |
| 10/25/2024 | 🏷️ Previously Sold | $585,000 | - | - | MLS #73289418 |
| 03/25/2022 | 🏷️ Previously Sold | $465,000 | - | - | MLS #72941255 |
| 12/05/2017 | ✓ Sold | $355,000 | - | - | Property sold |
| 08/10/2017 | 🏠 Listed for Sale | $359,900 | - | - | Original listing |
| 06/06/2014 | 🏷️ Previously Sold | $234,000 | - | - | MLS #71682462 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2017 | $4,527 | $322,700 |
Financial Details
Annual Property Tax
$4,527
Tax Year 2017
HOA Fee
$319
Monthly
Assessed Value
$322,700
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1996
Living Area
1,178 sq ft
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Heat Pump, Natural Gas
Cooling
Central Air
Flooring
Wood, Tile
Appliances
Dishwasher, Disposal, Cooktop
Fireplace
Living Room
Fireplaces
1
Basement
N
Laundry
Third Floor, In Unit, Electric Dryer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Deck, Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
1
Has Garage
Yes
Features
Attached, Off Street
Total Spaces
2
Utilities
Electric
Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Dryer
Financial
Annual Tax
$4,527
Assessed Value
$322,700
HOA & Community
HOA Fee
$319 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities
None
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Deposit To Be Held By Sellers Attorney--not Redfin.
Exclusions
Refrigerator, Washer, Dryer & Curtain Rods.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Townhouse"]
Unit/Building
506
Sq Ft Source
Field Card
Documents
None
County
Middlesex
Total market time (incl. prior listings)
50 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1996
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,178 sq ft
Total Rooms
5
Stories
2
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
LevelThird
FeaturesBathroom - Full, Walk-In Closet(s), Balcony / Deck
LevelThird
LevelSecond
FeaturesFlooring - Wood, Balcony / Deck, Open Floorplan
LevelSecond
FeaturesCountertops - Stone/Granite/Solid, Open Floorplan, Remodeled
LevelSecond
FeaturesFlooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan
LevelSecond
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Dishwasher, Disposal, Cooktop
Interior Features:
Windows:
Basement:
N
Laundry:
Third Floor, In Unit, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1996
Structure Type:
Townhouse
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
2
Heating, Cooling & Utilities
Heating:
Forced Air, Heat Pump, Natural Gas
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck, Balcony
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
2
Parking Features:
Attached, Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Living Room
Community Amenities:
Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
Nearby Schools
School information not available for this location.
Location
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Neighborhood
506 Gazebo Circle # 506, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Nancy Ciampa McLaughlin
Listing Office
Redfin Corp.
Office Phone
617-340-7803
Agent MLS ID
BB980308
Office MLS ID
NB3534
Listing Data Updated
Dec 5, 2017 5:17 PM EST
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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