245 Summer Avenue, Reading MA 01867

Reading, MA 01867

$1,850,000

5

Beds

6.5

Baths

6,251

Sq Ft

$296

Price/Sq Ft

0.47

Acres

2018

Year Built

3

Garage Spaces

Single Family Residence

Type

6

Days on Market

Sold Listed Mar 20, 2024 • MLS# 73214259 Copied! • Updated Jun 16, 2024

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview

Original List Price: $1,899,000

                            Final Sale Price:
                            $1,850,000
                        

Difference: $49,000 (-2.6%)

Performance Metrics

97.4%

List to Sale Ratio

Sold below asking price

6

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $304

                            Sale $/sq ft:
                            $296
                        

This property sold for $296 per square foot

Sale Summary

This property sold for 2.6% below the original asking price.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property

$296/sq ft

Area Median

$583/sq ft

Difference

49.2%

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

About this home

Welcome to 245 Summer Avenue, a truly exceptional property in Reading that redefines luxury living. The entire house underwent a comprehensive gut renovation in 2018 and has had multiple updates since, ensuring top-notch quality and smart amenities throughout. Step inside to discover designer tile, fixtures, and finishes that exude modern elegance and warmth. With multiple fireplaces, custom woodwork and built-ins, a primary suite that is truly its own oasis, and multiple flex spaces, there is little left to be desired. Situated on a sprawling lot, this property offers a fenced-in yard, an oversized patio, and abundant green space, creating an inviting outdoor retreat. The detached 3-car garage and a spacious driveway provide parking for the whole family and then some! Situated within walking distance to restaurants, shops, and the commuter rail, this home boasts an unbeatable location. Don't miss the opportunity to make this exceptional one-of-a-kind property your own!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

63.1%

Price Range

7

Total Days on Market

2

Previous Sales

Property Timeline

✓

Sold

Jun 14, 2024

$1,850,000

Property sold

Days on Market: 7

🏠

Listed for Sale

Mar 20, 2024

$1,899,000

Original listing

Agent: Vita Realty Group Office: Compass

Previous Transaction - MLS #72394007

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 18, 2019

$1,500,000

MLS #72394007

View Listing →

Previous Transaction - MLS #71992604

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 27, 2017

$700,000

MLS #71992604

View Listing →

Date	Event	Price	Change	$/sqft	Details
06/14/2024	✓ Sold	$1,850,000	-	-	Property sold
03/20/2024	🏠 Listed for Sale	$1,899,000	-	-	Original listing
03/18/2019	🏷️ Previously Sold	$1,500,000	-	-	MLS #72394007
03/27/2017	🏷️ Previously Sold	$700,000	-	-	MLS #71992604

Tax History

Year	Taxes	Assessment
2024	$20,265	$1,729,100

Financial Details

Annual Property Tax

$20,265

Tax Year 2024

Assessed Value

$1,729,100

Facts & Features

3 Car Garage

Central AC

Home Facts

Type Residential

Style Single Family Residence

Year Built 2018

Living Area 6,251 sq ft

Lot Size 0.47 acres

Bedrooms 5

Full Baths 6

Half Baths 1

Total Rooms 15

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall To Wall Carpet, Flooring - Stone/ceramic Tile

Appliances Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker

Fireplace Family Room, Kitchen, Living Room, Master Bedroom

Fireplaces 3

Basement Full, Interior Entry, Radon Remediation System, Unfinished

Laundry Closet/cabinets - Custom Built, Flooring - Stone/ceramic Tile, First Floor, Electric Dryer Hookup, Washer Hookup

Features Recessed Lighting, Lighting - Overhead, Bathroom - Full, Bathroom - Tiled With Shower Stall, Den, Home Office, Bonus Room, Game Room, Play Room, Bathroom, High Speed Internet

Exterior

Construction Frame

Architecture Colonial

Roof Shingle, Rubber, Metal

Features Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Et Irrigation Controller

Pool None

Spa None

Fencing None

Patio/Porch Deck - Composite, Patio

Parking

Garage Spaces 3

Has Garage Yes

Features Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Paved

Total Spaces 13

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $20,265

Assessed Value $1,729,100

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures *year Built Refers To Year Of Complete Renovation. Original Structure From 1919.

Exclusions Tv In Family Room On First Floor Is Negotiable.

Additional Details

Possession None

Accepted Financing None

Structure Type []

House Color White

Sq Ft Source Public Record

Sq Ft Disclosures Per Public Record

Documents None

County Middlesex

Total market time (incl. prior listings) 7 days

Property Overview

Property Type

Single Family Residence

Listing Type

Sold

Year Built

2018

Bedrooms

5

Full Bathrooms

6

Half Bathrooms

1

Living Area

6,251 sq ft

Total Rooms

15

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile

Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker

Interior Features: Recessed Lighting, Lighting - Overhead, Bathroom - Full, Bathroom - Tiled With Shower Stall, Den, Home Office, Bonus Room, Game Room, Play Room, Bathroom, High Speed Internet

Windows: Insulated Windows

Basement: Full, Interior Entry, Radon Remediation System, Unfinished

Laundry: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, First Floor, Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Style: Colonial

Year Built: 2018

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Rubber, Metal

Foundation: Stone, Brick/Mortar

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Heating Zones: 3

Cooling: Central Air

Cooling Zones: 3

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, ET Irrigation Controller

Patio & Porch: Deck - Composite, Patio

Fencing:

Other Structures:

Lot Features: Level

Road Surface:

Parking & Garage

Garage Spaces: 3

Total Parking Spaces: 13

Parking Features: Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Paved

Special Features

Fireplaces: 3

Fireplace Type: Family Room, Kitchen, Living Room, Master Bedroom

Community Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, T-Station

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Location

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Neighborhood

245 Summer Avenue, Reading MA 01867

Reading, MA 01867

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

Ask about this property — free, no obligation.