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4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867
$345,000
Est. $2,545/month
2
Beds
2
Baths
1,208
Sq Ft
$286
Price/Sq Ft
1985
Year Built
61
Days on Market
Closed Listed Sep 4, 2018 • MLS# 72388017 Copied!

About this home

METICULOUSLY MAINTAINED 2 BEDROOM CONDO RARELY AVAILABLE AT SUMMIT TERRACE! Nothing to do but move in. Enjoy one level living in Reading's desirable West Side. 3RD Floor sunny corner unit with private outdoor balcony with views of many trees. Updated kitchen featuring granite counters and plenty of storage. Stackable washer / dryer in unit are not represented on the floor plans. Nice foyer with ample closet space. 2 Oversized bedrooms, both carpeted and boasting large closets. 2 Full tiled bathrooms updated with granite counters. Extra storage in the basement. Within the Joshua Eaton school district and a short drive to downtown Reading where you'll find plenty of coffee shops, restaurants, boutiques, spas and the commuter rail to Boston. Easy access to Route 95 and only 14 miles north of Boston.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,208 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $344,900
Final Sale Price: $345,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
61
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $286
Sale $/sq ft: $286
This property sold for $286 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 61 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
$286/sq ft
Area Average
$237/sq ft
Difference
+20.6%

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 1,208 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony, Screens
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

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

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

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

Location

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Neighborhood

4 Summit Drive # 302, 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 $0
Homeowners Insurance $200
HOA Fee $600/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

26.6%
Price Range
42
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73326010
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 14, 2025
$470,000
MLS #73326010
Sold
Nov 28, 2018
$345,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Sep 4, 2018
$344,900
Original listing
Agent: The Marrocco Group Office: Coldwell Banker Residential Brokerage - Winchester

Price & Status History

Date Event Price Change
Mar 14, 2025 Sold $470,000
Sep 4, 2018 New Listing Added $344,900

Market Statistics

Days on Market
61 days
Price per Sq Ft
$286

Tax History

Year Taxes Assessment
Tax history not available

Financial Details

Annual Property Tax
$0
HOA Fee
$600
Per month
Assessed Value
$0

Listing Information

Listing Agent The Marrocco Group
Listing Office Coldwell Banker Residential Brokerage - Winchester
Agent MLS ID TM326737
Office MLS ID B30304
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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