544 Summer Avenue, Reading MA 01867

Reading, MA 01867

$520,000

Beds

1.5

Baths

1,396

Sq Ft

$372

Price/Sq Ft

0.23

Acres

1975

Year Built

Parking

Single Family Residence

Type

Days on Market

Sold Listed Jan 7, 2021 • MLS# 72772417 Copied! • Updated Jan 30, 2021

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Sale Statistics

Sale Overview

Original List Price: $479,900

                            Final Sale Price:
                            $520,000
                        

Difference: +$40,100 (+8.4%)

Performance Metrics

108.4%

List to Sale Ratio

Sold above asking price

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $344

                            Sale $/sq ft:
                            $372
                        

This property sold for $372 per square foot

Sale Summary

This property sold for 8.4% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property

$372/sq ft

Area Median

$518/sq ft

Difference

28.1%

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

About this home

Solid house in a great neighborhood and centrally located to everything Reading has to offer. This represents a wonderful opportunity for someone to be creative with a house that has been well maintained for years. The house is "move in ready" and any updates can be done at the buyer's own budget and timeframe. This home would be ideal for a first time homebuyer or someone who is looking to downsize to a home with first floor living.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

23.8%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #72787207

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 31, 2021

$630,000

MLS #72787207

View Listing →

✓

Sold

Jan 29, 2021

$520,000

Property sold

Days on Market: 4

🏠

Listed for Sale

Jan 7, 2021

$479,900

Original listing

Office: Classified Realty Group

Date	Event	Price	Change	$/sqft	Details
03/31/2021	🏷️ Previously Sold	$630,000	-	-	MLS #72787207
01/29/2021	✓ Sold	$520,000	-	-	Property sold
01/07/2021	🏠 Listed for Sale	$479,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2020	$6,487	$465,000

Financial Details

Annual Property Tax

$6,487

Tax Year 2020

Assessed Value

$465,000

Facts & Features

Home Facts

Type Residential

Style Single Family Residence

Year Built 1975

Living Area 1,396 sq ft

Lot Size 0.23 acres

Bedrooms 3

Full Baths 1

Half Baths 1

Total Rooms 5

Interior

Heating Baseboard, Oil

Cooling None

Flooring Carpet, Flooring - Wall To Wall Carpet

Appliances Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Fireplace None

Fireplaces 1

Basement Full, Partially Finished, Walk-out Access, Interior Entry

Laundry Electric Dryer Hookup, Washer Hookup

Features Bathroom - Half, Cable Hookup, Play Room, High Speed Internet

Exterior

Construction Frame

Architecture Ranch

Roof Shingle

Features Rain Gutters, Screens, Fenced Yard

Pool None

Spa None

Fencing Fenced/enclosed, Fenced

Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved

Total Spaces 3

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 $6,487

Assessed Value $465,000

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Drainage Easement On Property Line In Back Yard. Third Bedroom Currently Set Up As A Dining Room.

Additional Details

Possession None

Accepted Financing None

Structure Type []

House Color White

Sq Ft Source Public Record

Documents None

County Middlesex

Total market time (incl. prior listings) 4 days

Property Overview

Property Type

Single Family Residence

Listing Type

Sold

Year Built

1975

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

1,396 sq ft

Total Rooms

Floor Layout

Interior Features

Flooring: Carpet, Flooring - Wall to Wall Carpet

Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Interior Features: Bathroom - Half, Cable Hookup, Play Room, High Speed Internet

Windows: Insulated Windows, Storm Window(s), Screens

Basement: Full, Partially Finished, Walk-Out Access, Interior Entry

Laundry: Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Style: Ranch

Year Built: 1975

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Oil

Heating Zones: 2

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Screens, Fenced Yard

Patio & Porch:

Fencing: Fenced/Enclosed, Fenced

Other Structures:

Lot Features: Easements, Level

Road Surface:

Parking & Garage

Total Parking Spaces: 3

Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Golf, Highway Access

Nearby Schools

School information not available for this location.

Location

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Neighborhood

544 Summer Avenue, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Classified Realty Group

Office Phone 978-664-0075

Agent MLS ID CN222226

Office MLS ID B95141

Listing Data Updated Jan 30, 2021 12:04 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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