489 Summer Ave, Reading MA 01867

Reading, MA 01867
$825,000
Est. $4,391/month
4
Beds
2
Baths
3,302
Sq Ft
$250
Price/Sq Ft
0.20
Acres
1946
Year Built
Single Family Residence
Type
60
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73162407

About this home

Great Opportunity to own this breathtaking, immaculate oversized cape zoned for commercial business or bringing your extended family, with its own separate entrance. HOME BUSINESS OR AS AIRBNB .Walk in to an open concept, hardwood flooring thruout livrm, dinrm, beautiful kitchen w/ S/S appl, granite counters, spacious cabintry, dining area, and gas fireplace.Sliders leading out to private back yard. 2 beds on 1st level with hardwood flooring and 3/4 tiled bath. 2nd floor offers 2 large bedrooms with carpeting, plenty of closet space and skylights, Full tile bath. Finished bsmnt has a large living room, kitchen area, workshop, 3/4 bath, 2 additional rooms with private entrance that was used for a business and airbnb. Serene private backyard with hot tub and large wrap around deck. Other features are central air/heat, mini splits on 2nd floor, PRIVATE WATER WELL for outdoor water, irrigation system. Roof and heating systems 2 years old.

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $825,000
Difference: $74,900 (-8.3%)
Performance Metrics
91.7%
List to Sale Ratio
Sold below asking price
60
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $273
Sale $/sq ft: $250
This property sold for $250 per square foot
Sale Summary

This property sold for 8.3% below the original asking price.

The property spent 60 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1946
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
2
Living Area
3,302 sq ft
Total Rooms
13

Interior Features

Flooring
Wood, Tile, Flooring - Wood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air, Ductless
Has Cooling
Yes
Fireplace Features
Kitchen
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Closet, Closet - Linen, Kitchen, Great Room, 3/4 Bath, Bonus Room, Den
Laundry Features
In Basement
Basement Details
Full, Finished, Walk-Out Access, Interior Entry, Bulkhead
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Patio, Rain Gutters, Hot Tub/Spa, Storage, Sprinkler System, Fenced Yard, Garden
Patio/Porch Features
Patio
Fencing
Fenced
Spa Features
Private
Has Spa
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,795 sq ft
Lot Size Area
0.2000
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public, Private
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,550
Tax Year
2023
Tax Assessed Value
$758,500
Parcel Number
730553
Zoning
Res/Comm

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Roof and heating 2 yrs old

Location

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Neighborhood

489 Summer Ave, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $796
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0%
Price Range
61
Total Days on Market

Property Timeline

Sold
Dec 13, 2023
$825,000
Property sold
Days on Market: 61
🏠
Listed for Sale
Sep 21, 2023
$824,900
Original listing
Agent: Teresa Troisi Office: Core Real Estate

Price & Status History

Date Event Price Change
Sep 21, 2023 New Listing Added $824,900

Market Statistics

Days on Market
60 days
Price per Sq Ft
$250

Tax History

Year Taxes Assessment
2023 $9,550 $758,500

Financial Details

Annual Property Tax
$9,550
Tax Year 2023
Assessed Value
$758,500

Listing Information

Listing Agent Teresa Troisi
Listing Office Core Real Estate
Agent MLS ID BB806095
Office MLS ID AN0388

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