4 Summit Drive # 603, Reading MA 01867

Reading, MA 01867
$450,000
2
Beds
2
Baths
1,298
Sq Ft
$347
Price/Sq Ft
1985
Year Built
1
Garage Space
17
Days on Market
Sold Listed Sep 29, 2021 • MLS# 72901764 Copied! • Updated Nov 9, 2021

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

This Property
$347/sq ft
Area Median
$508/sq ft
Difference
31.7%

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

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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Recently Sold Nearby

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

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

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
Garage Spaces 1
Has Garage Yes
Features Under, Off Street, Assigned, Deeded, Paved, Exclusive Parking
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Icemaker Connection
Annual Tax $5,022
Assessed Value $363,700

HOA & Community

HOA Fee $988
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Pets Unknown
Seller Disclosures See Attachments
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 603
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Master Plan, Management Association Bylaws, Floor Plans (5)
County Middlesex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
Condominium
Listing Type
Sold
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

Floor Layout

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
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 # 603, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID TM330428
Office MLS ID AC0342
Listing Data Updated Nov 9, 2021 3:19 PM EST
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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