4 Summit Drive # 212, Reading MA 01867

Reading, MA 01867
$335,000
2
Beds
2
Baths
1,075
Sq Ft
$312
Price/Sq Ft
1985
Year Built
1
Garage Space
50
Days on Market
Sold Listed Jul 21, 2019 • MLS# 72537642 Copied! • Updated Oct 11, 2019

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Sale Statistics

Sale Overview
Original List Price: $344,900
Final Sale Price: $335,000
Difference: $9,900 (-2.9%)
Performance Metrics
97.1%
List to Sale Ratio
Sold below asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $321
Sale $/sq ft: $312
This property sold for $312 per square foot
Sale Summary

This property sold for 2.9% below the original asking price.

The property spent 50 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
$312/sq ft
Area Median
$508/sq ft
Difference
38.6%

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

About this home

This 2 bedroom, 2 bath home is in desirable Summit Terrace Condominium ideally located just minutes from major highway, transportation, restaurants and shopping yet in a quiet desirable neighborhood. Spacious living room, dining room combination with access to a private balcony. Fully appliance kitchen with breakfast bar and new stove and microwave. Desirable floor plan with bedrooms on each end affording great privacy. Full size washer and dryer in the unit. Lots of closets plus additional storage unit on the main level. Hot water, water and most of the heat and a/c are included in the condo fee. Deeded garage parking space G11. Open houses are not welcome so please call for an appointment

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Recently Sold Nearby

Property History

Market Insights

3.8%
Price Range
52
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Oct 11, 2019
$335,000
Property sold
Days on Market: 52
🏠
Listed for Sale
Jul 21, 2019
$339,900
Original listing
Agent: Joyce N. Kiley Office: Boardwalk Real Estate
Previous Transaction - MLS #72282396
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 26, 2018
$327,000
MLS #72282396

Tax History

Year Taxes Assessment
2019 $4,174 $293,300

Financial Details

Annual Property Tax
$4,174
Tax Year 2019
HOA Fee
$617
Monthly
Assessed Value
$293,300

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, Natural Gas, Hydro Air
Cooling Central Air
Flooring Wood, 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 $4,174
Assessed Value $293,300

HOA & Community

HOA Fee $617 Monthly
Fee Includes Heat, 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 Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (5)
County Middlesex
Total market time (incl. prior listings) 52 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: Wood, 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, Natural Gas, 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 Oct 11, 2019 12:49 PM 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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