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4 Summit Drive # 603, Reading MA 01867

Reading, MA 01867
$450,000
Est. $3,882/month
2
Beds
2
Baths
1,298
Sq Ft
$347
Price/Sq Ft
1985
Year Built
17
Days on Market
Closed Listed Sep 29, 2021 • MLS# 72901764 Copied!

About this home

What an opportunity to own this top floor corner PENTHOUSE unit with a wrap around terrace. Situated in the lovely town of Reading you have everything you need with in minutes . This 2 bedroom 2 bathroom open concept condo is what you have been waiting for. Spacious bedrooms on each side give total privacy with a great kitchen for entertaining . Saving the best for last is a beautiful fully private 350 square foot terrace which is great for dining al fresco or enjoying your coffee and watching the trees change colors. Washer dryer in unit and covered parking spot are included with condo.

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Public Records

Current Owner

Owner MCCAHON MARIE
Mailing Address 4 SUMMIT DR #215, READING, MA, 01867

Land Use

Use Code 102
Description Condominium
Zoning A
Style CONDO-GRDN

Tax Information

Assessed Value $468,700
Tax Rate $12.38 per $1,000
Base Tax $5,803
CPA Surcharge 1.5% ($68)
Estimated Annual Tax $5,871

Assessment History

Year Land Building Total Change
FY2026 $0 $468,700 $468,700

Sale History

Date Price Book/Page
Oct 27, 2025 $1 84785/516
Oct 22, 2025 $337,500 84770/178
Sep 4, 2025 $10 84572/250
May 30, 2025 $1 84156/552
Apr 30, 2025 $462,500 84028/40
Apr 30, 2025 $450,000 84034/145
Mar 21, 2025 $1 83880/462
Mar 14, 2025 $470,000 83857/411
Dec 30, 2024 $345,000 83632/390
Dec 23, 2024 $485,000 83617/449
Sep 12, 2024 $412,000 83233/74
Jul 25, 2024 $400,000 83043/227
Jun 17, 2024 $1 82892/367
Jun 11, 2024 $400,000 82871/440
Apr 5, 2024 $414,000 82639/448
Dec 15, 2023 $465,000 82315/45
Apr 11, 2023 $1 81414/554
Feb 28, 2023 $350,000 81282/504
Jan 19, 2023 $1 81177/312
Dec 20, 2022 $1 810833/223
Jul 29, 2022 $340,000 80506/309
May 17, 2022 $10 80135/409
Nov 16, 2021 $349,900 79154/510
Nov 5, 2021 $450,000 79081/1
Jun 18, 2021 $330,000 78054/481
Mar 31, 2021 $305,000 77397/328
Jan 28, 2021 $325,000 76818/596
Nov 16, 2020 $364,000 76178/148
Oct 29, 2020 $365,000 76022/426
Sep 8, 2020 $10 75562/529
Aug 24, 2020 $1 75433/399
Jul 29, 2020 $330,000 75239/121
Jul 24, 2020 $344,900 75205/191
May 11, 2020 $1 74649/208
Oct 11, 2019 $335,000 73441/371
Sep 20, 2019 $1 73316/283
Jun 21, 2019 $1 72806/199
Dec 27, 2018 $295,000 72061/480
Aug 17, 2018 $300,000 71492/80
Jul 9, 2018 $301,400 71283/146
Jun 29, 2018 $295,000 71242/452
May 31, 2018 $345,000 71088/304
May 24, 2018 $327,000 71056/21
Apr 19, 2018 $312,000 70893/74
Mar 30, 2018 $294,900 70806/426
Jul 27, 2017 $335,000 69674/492
Apr 28, 2017 $240,000 69207/279
Dec 29, 2016 $339,900 68688/31
Aug 5, 2016 $100 67755/157
Feb 19, 2016 $135,000 66825/550
Jul 29, 2015 $245,000 65818/116
May 13, 2015 $10 65354/294
Jun 16, 2014 $284,000 63760/149
Feb 21, 2014 $187,500 63293/35
Jan 25, 2012 $1 58348/216
May 29, 2009 $10 52876/171
Jul 18, 2008 $1 51457/0457
Mar 22, 2007 $289,900 49162/0239
Aug 3, 2006 $268,000 47933/0329
May 25, 2006 $315,000 47511/0130
Nov 10, 2004 $290,000 44070/0587
Mar 1, 2002 $260,000 34937/0083
Jul 2, 1997 $89,900 27454/0024
Aug 27, 1996 $122,000 26613/0588
Mar 2, 1995 $116,000 25205/0272
Jul 18, 1985 $74,888 16300/0097

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (69.3% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,298 sq ft
Total Rooms
4
Stories
1
Entry Level
6
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $415,000
Final Sale Price: $450,000
Difference: +$35,000 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $320
Sale $/sq ft: $347
This property sold for $347 per square foot
Sale Summary

This property sold for 8.4% 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
$347/sq ft
Area Average
$237/sq ft
Difference
+46.3%

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 1,298 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Central, Forced Air
Cooling Central Air
Flooring Tile, Carpet, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Electric Dryer Hookup
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street, Assigned, Deeded, Paved, Exclusive Parking
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Icemaker Connection

Financial

Annual Tax $5,022
Assessed Value $363,700

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Central, Forced Air
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Off Street, Assigned, Deeded, Paved, Exclusive Parking

Location

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Neighborhood

4 Summit Drive # 603, 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
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $419
Homeowners Insurance $200
HOA Fee $988/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
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Save $0/mo
Current Rate
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+0.5% Rate
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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

7.8%
Price Range
19
Total Days on Market

Property Timeline

Sold
Nov 5, 2021
$450,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Sep 29, 2021
$415,000
Original listing
Office: eXp Realty

Price & Status History

Date Event Price Change
Sep 29, 2021 New Listing Added $415,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$347

Tax History

Year Taxes Assessment
2021 $5,022 $363,700

Financial Details

Annual Property Tax
$5,022
Tax Year 2021
HOA Fee
$988
Per month
Assessed Value
$363,700

Listing Information

Listing Agent Boon Realty Advisors
Listing Office eXp Realty
Agent MLS ID TM330428
Office MLS ID AC0342
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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