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4 Summit Drive # 001, Reading MA 01867

Reading, MA 01867
$307,750
Est. $2,583/month
2
Beds
2
Baths
1,040
Sq Ft
$296
Price/Sq Ft
1985
Year Built
65
Days on Market
Closed Listed Aug 24, 2018 • MLS# 72384088 Copied!

About this home

ATTENTION EMPTY NESTERS, FIRST TIME HOME BUYERS or those wanting to Sell the Shovel and Lawnmower! This spacious corner Summit Drive unit has lots of windows and loads of light! 4 room 2 bedrooms, 2 full baths, master bath with walk-in shower and ample storage. Beautiful private balcony overlooking lovely wooded landscape. 1 deeded garage parking spot and visitor parking. . Easy access to highways and shopping.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,040 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $334,900
Final Sale Price: $307,750
Difference: $27,150 (-8.1%)
Performance Metrics
91.9%
List to Sale Ratio
Sold below asking price
65
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $322
Sale $/sq ft: $296
This property sold for $296 per square foot
Sale Summary

This property sold for 8.1% below the original asking price.

The property spent 65 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
$296/sq ft
Area Average
$237/sq ft
Difference
+24.8%

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 1,040 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Natural Gas
Cooling Central Air
Flooring Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Washer/dryer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Stone
Architecture None
Roof Rubber
Features Balcony, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Deeded, Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,121
Assessed Value $225,000

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Washer/Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Mid-Rise, Attached
Exterior Materials: Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: 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: Balcony, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Deeded, Off Street

Location

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Neighborhood

4 Summit Drive # 001, 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 $260
Homeowners Insurance $200
HOA Fee $567/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

32.4%
Price Range
67
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73135877
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 4, 2023
$455,000
MLS #73135877
Sold
Nov 30, 2018
$307,750
Property sold
Days on Market: 67
🏠
Listed for Sale
Aug 24, 2018
$324,900
Original listing
Agent: Mary Ann Quinn Group Office: Premier Realty Group, Inc.

Price & Status History

Date Event Price Change
Aug 4, 2023 Sold $455,000
Aug 24, 2018 New Listing Added $324,900

Market Statistics

Days on Market
65 days
Price per Sq Ft
$296

Tax History

Year Taxes Assessment
2018 $3,121 $225,000

Financial Details

Annual Property Tax
$3,121
Tax Year 2018
HOA Fee
$567
Monthly
Assessed Value
$225,000

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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