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510 Gazebo Circle # 510, Reading MA 01867

Reading, MA 01867
$480,000
Est. $3,359/month
1
Beds
1.5
Baths
950
Sq Ft
$505
Price/Sq Ft
1996
Year Built
15
Days on Market
Closed Listed Apr 10, 2024 • MLS# 73222045 Copied!

About this home

Rare and desirable corner unit! Meticulously maintained throughout & ready to move right in. Special features include new tankless hot water / heating & A/C systems. All windows have also been upgraded. The unit has a 1st level open floor plan, all gleaming hardwood flooring, gas fireplace, private balcony, storage closet, half tile bath, & separate laundry area. The 2nd level spacious bedroom has a walk-in closet, full tile bath, & an oversized linen closet. The attached garage has direct unit access and room for storage. Additional paved deeded parking space just outside the garage. Low condo fees too! Summit Village is a highly desirable complex situated in a residential neighborhood close to shopping, restaurants, major routes 95 & 93, both Reading & Wakefield commuter rails, Lake Quannapowitt, and Bear Hill Country Club & Golf Course. The perfect place to settle into your new home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1996
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
950 sq ft
Total Rooms
4
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $470,000
Final Sale Price: $480,000
Difference: +$10,000 (+2.1%)
Performance Metrics
102.1%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $495
Sale $/sq ft: $505
This property sold for $505 per square foot
Sale Summary

This property sold for 2.1% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$505/sq ft
Area Average
$237/sq ft
Difference
+113.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1996
Living Area 950 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Natural Gas, Hydro Air
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony, Gazebo, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Deeded, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,034
Assessed Value $429,500

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1996
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Natural Gas, Hydro Air
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Gazebo, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures: Gazebo
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Garage Door Opener, Storage, Deeded, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

510 Gazebo Circle # 510, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $420
Homeowners Insurance $200
HOA Fee $312/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.1%
Price Range
17
Total Days on Market

Property Timeline

Sold
Jun 20, 2024
$480,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Apr 10, 2024
$470,000
Original listing
Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Apr 10, 2024 New Listing Added $470,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$505

Tax History

Year Taxes Assessment
2024 $5,034 $429,500

Financial Details

Annual Property Tax
$5,034
Tax Year 2024
HOA Fee
$312
Monthly
Assessed Value
$429,500

Listing Information

Listing Agent Gayle Faller
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID B8000202
Office MLS ID AN6219
Listing Data Updated Jun 21, 2024 12:10 PM 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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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