4 Summit Drive # 311, Reading MA 01867

Reading, MA 01867
$305,000
1
Beds
1
Baths
683
Sq Ft
$447
Price/Sq Ft
1985
Year Built
1
Garage Space
21
Days on Market
Sold Listed Feb 13, 2021 • MLS# 72785611 Copied! • Updated Mar 31, 2021

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Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $305,000
Difference: +$5,100 (+1.7%)
Performance Metrics
101.7%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $439
Sale $/sq ft: $447
This property sold for $447 per square foot
Sale Summary

This property sold for 1.7% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$447/sq ft
Area Median
$508/sq ft
Difference
12.1%

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

About this home

WELCOME TO SUMMIT DRIVE!!! Be a part of one of the Most Desirable Communities on the North Shore. This Bright One Bedroom Unit is Move-in Ready and offers open floor plan. Wood Flooring throughout and Tiled Bathroom. Laundry is conveniently located in Bathroom and includes stacked washer & dryer. Living Room opens to Spacious Balcony to enjoy the outdoors in warmer months. New Heat Pump installed 2/2021. Garage Parking, Convenient to Major Highways, Commuter Rail and all that the Reading Downtown has to offer. Don't delay! Make 4 Summit Drive your new address!

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Recently Sold Nearby

Property History

Market Insights

41.6%
Price Range
23
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Mar 31, 2021
$305,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Feb 13, 2021
$299,900
Original listing
Agent: Mary Ann Quinn Group Office: Premier Realty Group, Inc.
Previous Transaction - MLS #71625010
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 25, 2014
$178,000
MLS #71625010

Tax History

Year Taxes Assessment
2021 $3,426 $248,100

Financial Details

Annual Property Tax
$3,426
Tax Year 2021
HOA Fee
$480
Per month
Assessed Value
$248,100

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 683 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave
Fireplace None
Basement N
Laundry Bathroom - Full, Third Floor, In Unit
Features None

Exterior

Construction None
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
Annual Tax $3,426
Assessed Value $248,100

HOA & Community

HOA Fee $480
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Elevator(s), Storage
Optional Fee Includes None
Pets No
Seller Disclosures Sellers
Exclusions Inclusions And Exclusions Sheet Attached
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 311
Sq Ft Source Public Record
Sq Ft Disclosures All Room Sizes Are Approximate
Documents None
County Middlesex
Total market time (incl. prior listings) 23 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
683 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave
Interior Features:
Windows:
Basement: N
Laundry: Bathroom - Full, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1985
Structure Type: Mid-Rise
Exterior Materials:
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: 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

6 schools
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
A
Alice M Barrows School
1.8 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.1 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.3 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.4 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.3 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
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
A
Arthur W Coolidge Middle School
2.3 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
2.3 mi
Grades 06-12
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 # 311, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Mary Ann Quinn Group
Listing Office Premier Realty Group, Inc.
Office Phone 781-944-4140
Agent MLS ID TM305137
Office MLS ID B95198
Listing Data Updated Mar 31, 2021 4:22 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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