4 Summit Drive # 417, Reading MA 01867

Reading, MA 01867
$330,000
1
Beds
1
Baths
683
Sq Ft
$483
Price/Sq Ft
1985
Year Built
1
Garage Space
17
Days on Market
Sold Listed Apr 17, 2021 • MLS# 72816398 Copied! • Updated Jun 25, 2021

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

This Property
$483/sq ft
Area Median
$508/sq ft
Difference
5.0%

This property sold near the area median for similar homes.

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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Recently Sold Nearby

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

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

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
Garage Spaces 1
Has Garage Yes
Features Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,426
Assessed Value $248,100

HOA & Community

HOA Fee $509 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 61
Pets No
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["High-Rise"]
Unit/Building 417
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 20 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
4

Floor Layout

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
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 # 417, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Century 21 Advance Realty
Office Phone 781-395-2121
Agent MLS ID B9500070
Office MLS ID B92101
Listing Data Updated Jun 25, 2021 11:03 AM 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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