4 Summit Drive # 212, Reading MA 01867

Reading, MA 01867
$327,000
2
Beds
2
Baths
1,075
Sq Ft
$304
Price/Sq Ft
1985
Year Built
1
Garage Space
15
Days on Market
Sold Listed Feb 16, 2018 • MLS# 72282396 Copied! • Updated Mar 26, 2018

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Sale Statistics

Sale Overview
Original List Price: $320,000
Final Sale Price: $327,000
Difference: +$7,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $298
Sale $/sq ft: $304
This property sold for $304 per square foot
Sale Summary

This property sold for 2.2% above the original asking price, indicating strong buyer demand.

With only 15 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
$304/sq ft
Area Median
$508/sq ft
Difference
40.2%

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

About this home

Highly desirable Summit Terrace complex just minutes from transportation, restaurants, shopping and access to major highways; 128, 93 and 95. Spacious 2 bedroom, 2 bath unit with living room/ dining room combination that has access to a private balcony. Bedrooms on each end affords great privacy. Full size washer and dryer in the unit. Hot water, water and most of the heat is included in the condo fee. Extra storage on the main level. Deeded garage parking G11. Plenty of parking for guests. Open houses are not welcome so please call for an appointment

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Recently Sold Nearby

Property History

Market Insights

4.5%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72537642
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 11, 2019
$335,000
MLS #72537642
Sold
Mar 26, 2018
$327,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Feb 16, 2018
$320,000
Original listing
Agent: Joyce N. Kiley Office: Boardwalk Real Estate

Tax History

Year Taxes Assessment
2018 $3,379 $243,600

Financial Details

Annual Property Tax
$3,379
Tax Year 2018
HOA Fee
$583
Per month
Assessed Value
$243,600

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,075 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Hydro Air
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $3,379
Assessed Value $243,600

HOA & Community

HOA Fee $583
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Hot Water, Elevator(s), Storage
Optional Fee Includes None
Pets No
Seller Disclosures Floor Plan Is Reversed And Approximate
Exclusions Washer, Dryer, Refrigerator Remain As Gifts.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 212
Sq Ft Source Field Card
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Middlesex
Total market time (incl. prior listings) 16 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,075 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Second Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Heat Pump, Hydro Air
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, 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 # 212, 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 Mar 26, 2018 9:43 AM 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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