FeaturesBathroom - Full
LevelFourth Floor
4 Summit Drive # 414, Reading MA 01867
Reading, MA 01867
$240,000
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Sale Statistics
Sale Overview
Original List Price:
$249,900
Final Sale Price:
$240,000
Difference:
$9,900 (-4.0%)
Performance Metrics
96.0%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$306
Sale $/sq ft:
$294
This property sold for $294 per square foot
Sale Summary
This property sold for 4.0% below the original asking price.
With only 25 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 6 similar properties sold within 0.5 miles in the last 90 days
This Property
$294/sq ft
Area Median
$481/sq ft
Difference
38.9%
This property sold below the area median, potentially representing good value for the buyer.
About this home
PRICED $50k below last similar sales. This is a great opportunity for the savvey buyer to make desirable Summit Terrace their home and build quick equity by updating and adding their own touches to this 814 sq ft ONE BEDROOM Summit Terrace Condominium. This 4th floor condo has nice size rooms, a king size master bedroom with private bath, lots of storage, a private balcony, in unit laundry, a half bath for quests, additional storage and a deeded garage parking space (C-21). Easy access to highways (93 and 128), commuter rail, restaurant and shopping.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
41.7%
Price Range
78
Total Days on Market
1
Previous Sales
Property Timeline
Previous Transaction - MLS #73274554
Full transaction history available when tracking began
Previously Sold
Sep 13, 2024
$412,000
MLS #73274554
Sold
Aug 12, 2019
$240,000
Property sold
Days on Market: 78
Listed for Sale
Jun 16, 2019
$249,900
Original listing
Agent: Joyce N. Kiley
Office: Boardwalk Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/13/2024 | 🏷️ Previously Sold | $412,000 | - | - | MLS #73274554 |
| 08/12/2019 | ✓ Sold | $240,000 | - | - | Property sold |
| 06/16/2019 | 🏠 Listed for Sale | $249,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2019 | $3,562 | $250,300 |
Financial Details
Annual Property Tax
$3,562
Tax Year 2019
HOA Fee
$521
Monthly
Assessed Value
$250,300
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1985
Living Area
817 sq ft
Bedrooms
1
Full Baths
1
Half Baths
1
Total Rooms
3
Interior
Heating
Baseboard, Natural Gas
Cooling
Central Air, Heat Pump
Flooring
None
Appliances
None
Fireplace
None
Basement
Y
Laundry
Fourth Floor, Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Brick, Stone
Architecture
None
Roof
Rubber
Features
Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Off Street
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$3,562
Assessed Value
$250,300
HOA & Community
HOA Fee
$521 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning
Amenities
Hot Water, Elevator(s), Storage
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Exclusions
Price Reflects The Updating Needed
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
414
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
78 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
817 sq ft
Total Rooms
3
Stories
1
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
Dimensions10 x 9
FeaturesFlooring - Wall to Wall Carpet
LevelFourth Floor
Dimensions9 x 8
LevelFourth Floor
FeaturesBathroom - Half
LevelFourth Floor
Dimensions14 x 13
FeaturesFlooring - Wall to Wall Carpet
LevelFourth Floor
Dimensions15 x 12
FeaturesBathroom - Full, Flooring - Wall to Wall Carpet
LevelFourth Floor
Display Options
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:
Appliances:
Interior Features:
Windows:
Basement:
Y
Laundry:
Fourth Floor, Electric Dryer Hookup, Washer Hookup
Security:
Intercom
Construction & Materials
Year Built:
1985
Structure Type:
Garden
Exterior Materials:
Brick, Stone
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Central Air, Heat Pump
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
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
Elementary Schools
3 schools
B+
Walton School
0.5 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
1.0 mi
Grades PK-08
Middle Schools
3 schools
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
A
Walter S Parker Middle School
1.5 mi
|
#62 of 352
|
Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students
Moderate
Grades 06-08
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
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
Learn about these ratings
Location
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Neighborhood
4 Summit Drive # 414, 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
Aug 13, 2019 10:32 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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