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4 Summit Drive # 310, Reading MA 01867

Reading, MA 01867
$311,500
1
Beds
1.5
Baths
817
Sq Ft
$381
Price/Sq Ft
1985
Year Built
1
Garage Space
55
Days on Market
Closed Listed Jan 17, 2020 • MLS# 72608948 Copied! • Updated Apr 22, 2020

Sale Statistics

Sale Overview
Original List Price: $309,000
Final Sale Price: $311,500
Difference: +$2,500 (+0.8%)
Performance Metrics
100.8%
List to Sale Ratio
Sold above asking price
55
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $378
Sale $/sq ft: $381
This property sold for $381 per square foot
Sale Summary

This property sold for 0.8% above the original asking price, indicating strong buyer demand.

The property spent 55 days on market before selling.

About this home

Just in time for Spring!!! Fantastic opportunity to own a beautiful 1 bedroom home at the desirable Summit Terrace Condominiums. Located on the 3rd floor of this elevator building, you will find this beautiful 1 bedroom, 1.5 bath condo featuring an updated kitchen with SS appliances, granite countertops, and Kraftmaid cabinets. The layout is perfect for entertaining with an updated half bath and open area dining room leading to a spacious living room with private balcony. The large Master bedroom boasts a full bathroom and walk-in closet. Luxury condo living at its finest in a tranquil environment with 1 car garage parking, Central AC, Washer/Dryer in unit, and extra storage in the lower level. Don't hesitate.....schedule your showings today!!!

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Recently Sold Nearby

Property History

Market Insights

24%
Price Range
61
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73258099
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 24, 2024
$400,000
MLS #73258099
Sold
Apr 22, 2020
$311,500
Property sold
Days on Market: 61
🏠
Listed for Sale
Jan 17, 2020
$304,000
Original listing
Agent: The Stakem Group Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2020 $3,729 $267,300

Financial Details

Annual Property Tax
$3,729
Tax Year 2020
HOA Fee
$536
Monthly
Assessed Value
$267,300

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 Forced Air
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features High Speed Internet

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Deeded, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $3,729
Assessed Value $267,300

HOA & Community

HOA Fee $536 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Garage Space #20 In The Lower Garage
Exclusions See Inclusion/Exclusion Sheet
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building 310
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 61 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
817 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Dining Room
10.5 x 9
Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Kitchen
9 x 8.5
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Washer Hookup
Bathroom2
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Living Room
14 x 13
Flooring - Stone/Ceramic Tile
Master Bedroom
15.5 x 13
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: High Speed Internet
Windows:
Basement: N
Laundry: Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced 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: 1
Parking Features: Under, Deeded, Paved
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
0.5 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
M

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
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
2.1 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 # 310, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent The Stakem Group
Listing Office Leading Edge Real Estate
Office Phone 781-944-6060
Agent MLS ID TM302299
Office MLS ID AN4648
Listing Data Updated Apr 22, 2020 4:00 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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