4 Summit Drive # 001, Reading MA 01867

Reading, MA 01867
$307,750
2
Beds
2
Baths
1,040
Sq Ft
$296
Price/Sq Ft
1985
Year Built
1
Garage Space
65
Days on Market
Sold Listed Aug 24, 2018 • MLS# 72384088 Copied! • Updated Nov 30, 2018

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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 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$296/sq ft
Area Median
$508/sq ft
Difference
41.8%

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

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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Recently Sold Nearby

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.

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

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
Garage Spaces 1
Has Garage Yes
Features Under, Deeded, Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $3,121
Assessed Value $225,000

HOA & Community

HOA Fee $567 Monthly
Fee Includes Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Elevator(s), Storage
Optional Fee Includes None
Seller Disclosures Seller Has Never Lived In Property.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise","Attached"]
Unit/Building 001
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 67 days

Property Overview

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

Floor Layout

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
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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Location

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Neighborhood

4 Summit Drive # 001, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Mary Ann Quinn Group
Listing Office Premier Realty Group, Inc.
Office Phone 781-944-4140
Agent MLS ID TM305137
Office MLS ID B95198
Listing Data Updated Nov 30, 2018 10:50 AM 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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