This charming 1 bed, 1.5 bath condo offers easy and affordable living in a fantastic location. The CONDO FEE includes HEAT, GAS, WATER, and SEWER, making it a rare find that won't last long! With the added bonus of your own garage spot and ample storage in a utility closet, this property is perfect for those seeking a low-maintenance lifestyle. Ideal for first-time homebuyers, downsizers, or investors, this condo provides all the amenities you need for comfortable living. Don't miss out on this opportunity to own a cozy condo in a prime location
Sale Statistics
Sale Overview
Original List Price:$399,900
Final Sale Price:$400,000
Difference:
+$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$489
Sale $/sq ft:$490
This property sold for $490 per square foot
Sale Summary
This property sold for 0.0% above the original asking price, indicating strong buyer demand.
With only 18 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
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
817 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Interior Features
Flooring
Tile, Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
High Speed Internet
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
N
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Brick
Roof
Shingle
Has Spa
No
Waterfront Property
No
Lot & Land
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Deeded, Assigned, Off Street
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Highway Access, House of Worship, Public School
HOA Fee
$581
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,777
Tax Year
2024
Tax Assessed Value
$322,300
Parcel Number
M:008.007310103.0
Zoning
A
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Terrance Condominiums
Attached Property
Yes
Disclosures
The Condo Board has a Handbook that is to be provided to the buyer. Please read the handbook throughly with special attention to paragraph "Sales" as a new owner is required to provide 1 month's reserve due at closing.
Location
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Neighborhood
4 Summit Drive # 310, Reading MA 01867
Reading, MA 01867
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$315
Homeowners Insurance$200
HOA Fee$581
PMI$0
Property History
Market Insights
0%
Price Range
19
Total Days on Market
Property Timeline
✓
Sold
Jul 24, 2024
$400,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jun 27, 2024
$399,900
Original listing
Agent: Goldpath Real Estate GroupOffice: Cameron Real Estate Group