FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Laminate, Remodeled
LevelFourth Floor
4 Summit Drive # 414, Reading MA 01867
Reading, MA 01867
$412,000
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Sale Statistics
Sale Overview
Original List Price:
$399,900
Final Sale Price:
$412,000
Difference:
+$12,100 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$489
Sale $/sq ft:
$504
This property sold for $504 per square foot
Sale Summary
This property sold for 3.0% above the original asking price, indicating strong buyer demand.
With only 11 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
$504/sq ft
Area Median
$481/sq ft
Difference
+4.8%
This property sold slightly above the area median for similar homes.
About this home
Welcome to Summit Terrace in Reading! This modern one-bedroom unit features a beautifully updated galley-style kitchen with stainless steel appliances, quartzite countertops, and sleek white cabinetry. The waterproof wood-look laminate flooring is easy to clean and maintain, enhancing the unit’s appeal. Enjoy the convenience of an in-unit washer and dryer, making laundry a breeze. The open living and dining area plus half bath is perfect for entertaining. The bedroom includes a walk-in closet and connects to the recently remodeled full bathroom. There is a private balcony to enjoy the fresh air and a deeded storage unit in the lower level adds further space for large or seasonal items. Additionally, the unit comes with one deeded garage space, plus ample outdoor parking. Conveniently located just outside of Boston near shops, dining, and major highways, this unit offers the perfect blend of comfort and accessibility. Don’t miss the chance to make this your new home!
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Recently Sold Nearby
Property History
Market Insights
41.7%
Price Range
12
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Sep 13, 2024
$412,000
Property sold
Days on Market: 12
Listed for Sale
Aug 7, 2024
$399,900
Original listing
Agent: Louise Touchette Team
Office: Coldwell Banker Realty - Lynnfield
Previous Transaction - MLS #72519633
Full transaction history available when tracking began
Previously Sold
Aug 12, 2019
$240,000
MLS #72519633
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/13/2024 | ✓ Sold | $412,000 | - | - | Property sold |
| 08/07/2024 | 🏠 Listed for Sale | $399,900 | - | - | Original listing |
| 08/12/2019 | 🏷️ Previously Sold | $240,000 | - | - | MLS #72519633 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $3,405 | $290,500 |
Financial Details
Annual Property Tax
$3,405
Tax Year 2024
HOA Fee
$595
Monthly
Assessed Value
$290,500
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1985
Living Area
817 sq ft
Lot Size
0.0000
Bedrooms
1
Full Baths
1
Half Baths
1
Total Rooms
5
Interior
Heating
Heat Pump
Cooling
Heat Pump, Individual, Unit Control
Flooring
Tile, Laminate
Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
Fireplace
None
Basement
N
Laundry
In Unit, Electric Dryer Hookup, Washer Hookup
Features
Internet Available - Unknown
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Deeded, Common, Paved
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup, Icemaker Connection
Financial
Annual Tax
$3,405
Assessed Value
$290,500
HOA & Community
HOA Fee
$595 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds
Amenities
Hot Water, Elevator(s), Storage
Optional Fee Includes
None
Pets
No
MA Disclosures
Seller Disclosures
2019 Heat Pump, 2019 Updated Kitchen. Remodeled Main Bath 2023. Laminate Floors Are All Waterproof. Property Is In Public Record As: 605 Summer Ave.u: 4-414, Reading. Garage Spot #21. Hoa Includes All Utilities Except Electric And Cable.1 Months Reserve Due At Closing From Buyer. (sales Handbook)
Exclusions
W/D Remain As Gifts.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Garden","Mid-Rise"]
Unit/Building
414
Sq Ft Source
Public Record
Sq Ft Disclosures
Storage unit in lower level.
Documents
Rules & Regs, Association Financial Statements, Certificate Of Insurance (3)
County
Middlesex
Total market time (incl. prior listings)
12 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
817 sq ft
Total Rooms
5
Stories
6
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
Dimensions10 x 9
FeaturesFlooring - Laminate, Lighting - Overhead
LevelFourth Floor
Dimensions9 x 8
FeaturesFlooring - Laminate, Balcony / Deck, Pantry, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Washer Hookup
LevelFourth Floor
FeaturesBathroom - Half, Closet, Flooring - Stone/Ceramic Tile
LevelFourth Floor
Dimensions14 x 13
FeaturesFlooring - Laminate, Balcony / Deck, Cable Hookup
LevelFourth Floor
Dimensions15 x 12
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Laminate
LevelFourth Floor
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Laminate
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
Interior Features:
Internet Available - Unknown
Windows:
Basement:
N
Laundry:
In Unit, Electric Dryer Hookup, Washer Hookup
Security:
Intercom
Construction & Materials
Year Built:
1985
Structure Type:
Garden, Mid-Rise
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Stories:
6
Heating, Cooling & Utilities
Heating:
Heat Pump
Heating Zones:
1
Cooling:
Heat Pump, Individual, Unit Control
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
2
Parking Features:
Under, Deeded, Common, Paved
Nearby Schools
School District
Reading School District local
A
School Safety
2024-25
0.4%
Low
0.4%
Suspensions
0.2%
In-School
5.1% below state avg
Elementary Schools
6 schools
A
Joshua Eaton School
0.9 mi
|
#93 of 824
|
Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students
Moderate
Rising School
Strong Attendance
Grades K-05
A
Alice M Barrows School
1.8 mi
|
#158 of 824
|
Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students
Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.1 mi
116 students
Moderate
Grades PK
A-
Birch Meadow School
2.3 mi
|
#240 of 824
|
Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students
Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.4 mi
|
#94 of 824
|
Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students
Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.3 mi
|
#275 of 824
|
Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students
Less Diverse
Strong Attendance
Grades K-05
Middle Schools
2 schools
A
Walter S Parker Middle School
1.5 mi
|
#62 of 352
|
Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students
Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
2.3 mi
|
#43 of 352
|
Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students
Less Diverse
Rising School
Strong Attendance
Grades 06-08
High Schools
2 schools
Austin Prep School
2.3 mi
Grades 06-12
A
Reading Memorial High School
2.1 mi
|
#65 of 346
|
Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students
Less Diverse
18 sports
• 2,420 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
4 Summit Drive # 414, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Louise Touchette Team
Listing Office
Coldwell Banker Realty - Lynnfield
Office Phone
781-334-5700
Agent MLS ID
TM350730
Office MLS ID
AN6219
Listing Data Updated
Sep 13, 2024 2:59 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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