4 Summit Dr # 511, Reading MA 01867
Reading, MA 01867
$414,000
Est. $2,203/month
About this home
Rare and spacious corner unit with 2 bedrooms and 2 full baths boasts ample natural light, seasonal views from a private balcony, and plenty of closet space. Well-sized living room perfect for gatherings. In-unit laundry, central air, extra storage, and 1 covered parking and plenty of guess parking. Located in a highly sought-after community with easy access to major highways and commuter rail!
Sale Statistics
Sale Overview
Original List Price:
$399,900
Final Sale Price:
$414,000
Difference:
+$14,100 (+3.5%)
Performance Metrics
103.5%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$369
Sale $/sq ft:
$382
This property sold for $382 per square foot
Sale Summary
This property sold for 3.5% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,085 sq ft
Total Rooms
4
Stories
1
Entry Level
5
Interior Features
Flooring
Carpet
Heating
Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Elevator
Laundry Features
In Unit
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Exterior Features
Balcony, Professional Landscaping
Has Spa
No
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Deeded, Guest
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School
HOA Fee
$781
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,450
Tax Year
2024
Tax Assessed Value
$379,700
Parcel Number
M:008.007600103.0
Zoning
A
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Terrace Condominium
Common Walls
End Unit, Corner
Attached Property
Yes
Disclosures
Buyer and Buyer's Agent to verify all information and perform their own due diligence.
Location
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Neighborhood
4 Summit Dr # 511, Reading MA 01867
Reading, MA 01867
Walkability
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Schools
High School
Rmhs
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$371
Homeowners Insurance
$200
HOA Fee
$781
PMI
$0
Property History
Market Insights
3.4%
Price Range
7
Total Days on Market
Property Timeline
Sold
Apr 5, 2024
$414,000
Property sold
Days on Market: 7
Listed for Sale
Feb 21, 2024
$399,900
Original listing
Agent: Anne Garcia
Office: Redfin Corp.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/05/2024 | ✓ Sold | $414,000 | - | - | Property sold |
| 02/21/2024 | 🏠 Listed for Sale | $399,900 | - | - | Original listing |