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1003 Gazebo Cir # 1003, Reading MA 01867

Reading, MA 01867
$540,000
Est. $3,842/month
3
Beds
2.5
Baths
1,339
Sq Ft
$403
Price/Sq Ft
1996
Year Built
16
Days on Market
Closed Listed Jul 6, 2021 • MLS# 72860694 Copied!

About this home

Beautifully updated and maintained sundrenched end-unit condo at the desirable Summit Village! Enjoy a spacious and flexible floorplan with much to offer. Enter into a bright open concept living room with fireplace - perfect for relaxing or entertaining. The dining area offers a slider to the balcony and flows into a generous eat-in kitchen that boasts granite countertops, updated SS appliances, and ample cabinet storage. A private half bath and laundry room complete the main level. Upstairs features a spacious main suite with large closets and full bath. Two additional bedrooms and a full bath complete the upper level. One-car attached garage and extra parking for convenience. Updates include a new roof (2014) with 30-year warranty, A/C, convection oven w/ air fryer, dishwasher, disposal, water heater, and a renovated laundry room! Located near shopping, groceries, commuting, the T-station, Lake Quannapowitt, and much more! Showings begin at first open house, Sunday 7/11 from 11-1.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1996
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,339 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $489,900
Final Sale Price: $540,000
Difference: +$50,100 (+10.2%)
Performance Metrics
110.2%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $366
Sale $/sq ft: $403
This property sold for $403 per square foot
Sale Summary

This property sold for 10.2% above the original asking price, indicating strong buyer demand.

With only 16 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
$403/sq ft
Area Average
$313/sq ft
Difference
+28.6%

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 1996
Living Area 1,339 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Heat Pump, Natural Gas
Cooling Central Air, Whole House Fan
Flooring None
Appliances Disposal, Microwave, Refrigerator, Energy Star Qualified Dishwasher, Range, Instant Hot Water
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Flooring - Vinyl, First Floor, In Unit
Features None

Exterior

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

Parking

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

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,893
Assessed Value $426,700

Interior Features

Flooring:
Appliances: Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Instant Hot Water
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Vinyl, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1996
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Heat Pump, Natural Gas
Cooling: Central Air, Whole House Fan
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

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: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Shopping, Park, Golf, Highway Access, Public School

Location

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Neighborhood

1003 Gazebo Cir # 1003, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

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
0.7 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
0.8 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-
Robin Hood School
1.0 mi | #248 of 824 | Score: 52.5
Improved 194 spots from last year
-5.8 below state avg
380 students Moderate
Rising School
Grades K-04
M

Middle Schools

3 schools
A
Walter S Parker Middle School
1.4 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-
Galvin Middle School
1.5 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
B+
Stoneham Central Middle School
1.5 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

2 schools
Nazareth Academy
1.6 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.6 mi
Grades 09-12
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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 $491
Homeowners Insurance $200
HOA Fee $420/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

47.2%
Price Range
17
Total Days on Market
2
Previous Sales

Property Timeline

Sold
Aug 16, 2021
$540,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Jul 6, 2021
$489,900
Original listing
Agent: Patricia Nunez Office: Redfin Corp.
Previous Transaction - MLS #71566916
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 26, 2013
$347,000
MLS #71566916
Previous Transaction - MLS #71294456
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 25, 2012
$285,000
MLS #71294456

Price & Status History

Date Event Price Change
Jul 6, 2021 New Listing Added $489,900
Sep 26, 2013 Sold $347,000
Jan 25, 2012 Sold $285,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$403

Tax History

Year Taxes Assessment
2021 $5,893 $426,700

Financial Details

Annual Property Tax
$5,893
Tax Year 2021
HOA Fee
$420
Monthly
Assessed Value
$426,700

Listing Information

Listing Agent Patricia Nunez
Listing Office Redfin Corp.
Agent MLS ID CN206323
Office MLS ID NB3534
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

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