4 Summit Drive # 415, Reading MA 01867

Reading, MA 01867
$340,000
1
Beds
1
Baths
683
Sq Ft
$498
Price/Sq Ft
1985
Year Built
1
Garage Space
8
Days on Market
Sold Listed Jun 15, 2022 • MLS# 72998053 Copied! • Updated Jul 29, 2022

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Sale Statistics

Sale Overview
Original List Price: $319,900
Final Sale Price: $340,000
Difference: +$20,100 (+6.3%)
Performance Metrics
106.3%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $468
Sale $/sq ft: $498
This property sold for $498 per square foot
Sale Summary

This property sold for 6.3% above the original asking price, indicating strong buyer demand.

With only 8 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
$498/sq ft
Area Median
$508/sq ft
Difference
2.0%

This property sold near the area median for similar homes.

About this home

Charming, turnkey unit in a quintessential commuter location awaits you on 4 Summit Drive. Clean & modern, sunlight filled space offering everything you need! Newer hardwood flooring welcomes you in, featuring an updated kitchen, open concept living/dining space, updated bathroom, laundry in unit, walk-in closet, Nest thermostat, and newly updated heating system! Enjoy morning coffee and 5pm cocktails on your own private balcony space this summer. Extra storage and garage parking included! Enjoy easy access to 128 & 93, as well as close proximity to downtown Reading, where you can enjoy commuter rail access, coffee, dining, shopping, and more! Don’t miss your chance to take advantage of maintenance free living right in 01867!

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Recently Sold Nearby

Property History

Market Insights

45.4%
Price Range
9
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jul 29, 2022
$340,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Jun 15, 2022
$319,900
Original listing
Agent: Jamie Conn Office: Classified Realty Group
Previous Transaction - MLS #71667475
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 15, 2014
$185,500
MLS #71667475

Tax History

Year Taxes Assessment
2022 $3,914 $293,600

Financial Details

Annual Property Tax
$3,914
Tax Year 2022
HOA Fee
$518
Monthly
Assessed Value
$293,600

Facts & Features

1 Car Garage

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, Natural Gas
Cooling Heat Pump
Flooring Wood, Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry Bathroom - Full, Fourth Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,914
Assessed Value $293,600

HOA & Community

HOA Fee $518 Monthly
Fee Includes Heat, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Garage Space 6 In The Lower Level. Seller Requires Close Date 7/28 Or Later
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 415
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs (2)
County Middlesex
Total market time (incl. prior listings) 9 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: Wood, Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Bathroom - Full, Fourth Floor, In Unit
Security:

Construction & Materials

Year Built: 1985
Structure Type: Garden
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Natural Gas
Heating Zones: 1
Cooling: 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
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned
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 # 415, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Jamie Conn
Listing Office Classified Realty Group
Office Phone 781-944-1901
Agent MLS ID CN209676
Office MLS ID AN1116
Listing Data Updated Jul 29, 2022 11:20 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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