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4 Summit Drive # 417, Reading MA 01867

Reading, MA 01867
$330,000
Est. $2,663/month
1
Beds
1
Baths
683
Sq Ft
$483
Price/Sq Ft
1985
Year Built
17
Days on Market
Closed Listed Apr 17, 2021 • MLS# 72816398 Copied!

About this home

GORGEOUS 3 ROOM,1 BEDROOM,1 BATH CONDO IN DESIRABLE SUMMIT TERRACE CONDOMINIUMS . CONDO HAS RECENTLY BEEN COMPLETELY RENOVATED. FEATURES INCLUDE CUSTOM CABINET KITCHEN WITH GRANITE COUNTERTOPS & GRANITE BACK SPLASH . STAINLESS STEEL APPLIANCES & RECESSED LIGHTING. NEW WOOD GRAINED TILE FLOORS INSTALLED THROUGHOUT THE CONDO. UPDATED CUSTOM BATH FEATURES TILED SHOWER WITH GLASS ENCLOSURE & OVERHEAD SHOWER HEAD, VANITY WITH GRANITE COUNTERTOP & NEW WASHER / DRYER LAUNDRY. LIVING ROOM / DINING AREA HAS SCONCE LIGHTING AND CEILING FAN. LARGE BEDROOM WITH CEILING FAN AND 2 LARGE CLOSETS . ADDITIONAL FEATURES INCLUDE 6 X 12 BALCONY AND GARAGE PARKING # 7. HOME BEAMS WITH PRIDE OF OWNERSHIP. ALL YOU HAVE TO DO IS MOVE IN.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
683 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $319,900
Final Sale Price: $330,000
Difference: +$10,100 (+3.2%)
Performance Metrics
103.2%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $468
Sale $/sq ft: $483
This property sold for $483 per square foot
Sale Summary

This property sold for 3.2% above the original asking price, indicating strong buyer demand.

With only 17 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
$483/sq ft
Area Average
$237/sq ft
Difference
+103.7%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

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 Heat Pump
Cooling Central Air, Heat Pump
Flooring Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,426
Assessed Value $248,100

Interior Features

Flooring: Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1985
Structure Type: High-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Heating Zones: 1
Cooling: Central Air, Heat Pump
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
Total Parking Spaces: 2
Parking Features: Off Street

Location

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Neighborhood

4 Summit Drive # 417, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $286
Homeowners Insurance $200
HOA Fee $509/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.1%
Price Range
20
Total Days on Market

Property Timeline

Sold
Jun 18, 2021
$330,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Apr 17, 2021
$319,900
Original listing
Office: Century 21 Advance Realty

Price & Status History

Date Event Price Change
Apr 17, 2021 New Listing Added $319,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$483

Tax History

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

Financial Details

Annual Property Tax
$3,426
Tax Year 2021
HOA Fee
$509
Monthly
Assessed Value
$248,100

Listing Information

Listing Agent Michael Hansen
Listing Office Century 21 Advance Realty
Agent MLS ID B9500070
Office MLS ID B92101
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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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