BMN Boston

Get our mobile app!

Download on the App Store

4 Summit Drive # 508, Reading MA 01867

Reading, MA 01867
$485,000
Est. $3,752/month
2
Beds
2
Baths
1,075
Sq Ft
$451
Price/Sq Ft
1985
Year Built
4
Days on Market
Closed Listed Oct 30, 2024 • MLS# 73307866 Copied!

About this home

Pristine, single-level 5th floor condominium offers a perfect blend of comfort, convenience, and breathtaking views. With 1,075 square feet of living space, this home is bathed in wonderful natural light, creating a warm and inviting atmosphere. The open-concept living/dining room is ideal for entertaining or relaxing. Step outside onto your private northeast-facing balcony, where you can enjoy your morning coffee or unwind in the evening while taking in the picturesque views. This serene outdoor space is shielded from traffic noise and wind, providing a peaceful retreat.The primary bedroom is a true sanctuary, complete with an en-suite bathroom that offers convenience and privacy. The second bedroom is equally spacious, perfect for guests, a home office, or a cozy den. Additional amenities include secure parking, storage and in-unit laundry. Nestled in an excellent location, this condominium is just minutes away from major highways and just a short 20 minute drive to Boston.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Public Records

Current Owner

Owner MCCAHON MARIE
Mailing Address 4 SUMMIT DR #215, READING, MA, 01867

Land Use

Use Code 102
Description Condominium
Zoning A
Style CONDO-GRDN

Tax Information

Assessed Value $468,700
Tax Rate $12.38 per $1,000
Base Tax $5,803
CPA Surcharge 1.5% ($68)
Estimated Annual Tax $5,871

Assessment History

Year Land Building Total Change
FY2026 $0 $468,700 $468,700

Sale History

Date Price Book/Page
Oct 27, 2025 $1 84785/516
Oct 22, 2025 $337,500 84770/178
Sep 4, 2025 $10 84572/250
May 30, 2025 $1 84156/552
Apr 30, 2025 $462,500 84028/40
Apr 30, 2025 $450,000 84034/145
Mar 21, 2025 $1 83880/462
Mar 14, 2025 $470,000 83857/411
Dec 30, 2024 $345,000 83632/390
Dec 23, 2024 $485,000 83617/449
Sep 12, 2024 $412,000 83233/74
Jul 25, 2024 $400,000 83043/227
Jun 17, 2024 $1 82892/367
Jun 11, 2024 $400,000 82871/440
Apr 5, 2024 $414,000 82639/448
Dec 15, 2023 $465,000 82315/45
Apr 11, 2023 $1 81414/554
Feb 28, 2023 $350,000 81282/504
Jan 19, 2023 $1 81177/312
Dec 20, 2022 $1 810833/223
Jul 29, 2022 $340,000 80506/309
May 17, 2022 $10 80135/409
Nov 16, 2021 $349,900 79154/510
Nov 5, 2021 $450,000 79081/1
Jun 18, 2021 $330,000 78054/481
Mar 31, 2021 $305,000 77397/328
Jan 28, 2021 $325,000 76818/596
Nov 16, 2020 $364,000 76178/148
Oct 29, 2020 $365,000 76022/426
Sep 8, 2020 $10 75562/529
Aug 24, 2020 $1 75433/399
Jul 29, 2020 $330,000 75239/121
Jul 24, 2020 $344,900 75205/191
May 11, 2020 $1 74649/208
Oct 11, 2019 $335,000 73441/371
Sep 20, 2019 $1 73316/283
Jun 21, 2019 $1 72806/199
Dec 27, 2018 $295,000 72061/480
Aug 17, 2018 $300,000 71492/80
Jul 9, 2018 $301,400 71283/146
Jun 29, 2018 $295,000 71242/452
May 31, 2018 $345,000 71088/304
May 24, 2018 $327,000 71056/21
Apr 19, 2018 $312,000 70893/74
Mar 30, 2018 $294,900 70806/426
Jul 27, 2017 $335,000 69674/492
Apr 28, 2017 $240,000 69207/279
Dec 29, 2016 $339,900 68688/31
Aug 5, 2016 $100 67755/157
Feb 19, 2016 $135,000 66825/550
Jul 29, 2015 $245,000 65818/116
May 13, 2015 $10 65354/294
Jun 16, 2014 $284,000 63760/149
Feb 21, 2014 $187,500 63293/35
Jan 25, 2012 $1 58348/216
May 29, 2009 $10 52876/171
Jul 18, 2008 $1 51457/0457
Mar 22, 2007 $289,900 49162/0239
Aug 3, 2006 $268,000 47933/0329
May 25, 2006 $315,000 47511/0130
Nov 10, 2004 $290,000 44070/0587
Mar 1, 2002 $260,000 34937/0083
Jul 2, 1997 $89,900 27454/0024
Aug 27, 1996 $122,000 26613/0588
Mar 2, 1995 $116,000 25205/0272
Jul 18, 1985 $74,888 16300/0097

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (71.0% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,075 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $469,000
Final Sale Price: $485,000
Difference: +$16,000 (+3.4%)
Performance Metrics
103.4%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $436
Sale $/sq ft: $451
This property sold for $451 per square foot
Sale Summary

This property sold for 3.4% above the original asking price, indicating strong buyer demand.

With only 4 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
$451/sq ft
Area Average
$237/sq ft
Difference
+90.2%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,075 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump
Cooling Heat Pump
Flooring Tile, Vinyl, Carpet, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, In Unit
Features Dining Area, Living/dining Rm Combo, Elevator

Exterior

Construction None
Architecture None
Roof None
Features Balcony / Deck, Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Deeded, Assigned, Common, Guest
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 $4,165
Assessed Value $355,400

Interior Features

Flooring: Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Dining Area, Living/Dining Rm Combo, Elevator
Windows: Window(s) - Picture
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, In Unit
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Garden, Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Heating Zones: 1
Cooling: Heat Pump
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, 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, Garage Door Opener, Storage, Deeded, Assigned, Common, Guest

Location

Loading map...

Neighborhood

4 Summit Drive # 508, Reading MA 01867

Reading, MA 01867

Walkability

Loading Walk Score...

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
E

Elementary Schools

3 schools
B+
Walton School
0.5 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
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
St. Joseph Elementary School
1.0 mi
Grades PK-08
M

Middle Schools

3 schools
A-
Galvin Middle School
1.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
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
B+
Stoneham Central Middle School
1.6 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

2 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.4 mi
Grades 09-12
Learn about these ratings

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 $347
Homeowners Insurance $200
HOA Fee $752/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

3.3%
Price Range
5
Total Days on Market

Property Timeline

Sold
Dec 23, 2024
$485,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Oct 30, 2024
$469,000
Original listing
Agent: Lisa Santilli Office: Classified Realty Group

Price & Status History

Date Event Price Change
Oct 30, 2024 New Listing Added $469,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$451

Tax History

Year Taxes Assessment
2024 $4,165 $355,400

Financial Details

Annual Property Tax
$4,165
Tax Year 2024
HOA Fee
$752
Monthly
Assessed Value
$355,400

Listing Information

Listing Agent Lisa Santilli
Listing Office Classified Realty Group
Agent MLS ID B8000051
Office MLS ID B95141
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

4 Summit Drive # 508, Reading MA 01867 - Photo 1 4 Summit Drive # 508, Reading MA 01867 - Photo 2 4 Summit Drive # 508, Reading MA 01867 - Photo 3 4 Summit Drive # 508, Reading MA 01867 - Photo 4 4 Summit Drive # 508, Reading MA 01867 - Photo 5 4 Summit Drive # 508, Reading MA 01867 - Photo 6 4 Summit Drive # 508, Reading MA 01867 - Photo 7 4 Summit Drive # 508, Reading MA 01867 - Photo 8 4 Summit Drive # 508, Reading MA 01867 - Photo 9 4 Summit Drive # 508, Reading MA 01867 - Photo 10 4 Summit Drive # 508, Reading MA 01867 - Photo 11 4 Summit Drive # 508, Reading MA 01867 - Photo 12 4 Summit Drive # 508, Reading MA 01867 - Photo 13 4 Summit Drive # 508, Reading MA 01867 - Photo 14 4 Summit Drive # 508, Reading MA 01867 - Photo 15 4 Summit Drive # 508, Reading MA 01867 - Photo 16 4 Summit Drive # 508, Reading MA 01867 - Photo 17 4 Summit Drive # 508, Reading MA 01867 - Photo 18 4 Summit Drive # 508, Reading MA 01867 - Photo 19 4 Summit Drive # 508, Reading MA 01867 - Photo 20 4 Summit Drive # 508, Reading MA 01867 - Photo 21 4 Summit Drive # 508, Reading MA 01867 - Photo 22 4 Summit Drive # 508, Reading MA 01867 - Photo 23 4 Summit Drive # 508, Reading MA 01867 - Photo 24 4 Summit Drive # 508, Reading MA 01867 - Photo 25 4 Summit Drive # 508, Reading MA 01867 - Photo 26 4 Summit Drive # 508, Reading MA 01867 - Photo 27 4 Summit Drive # 508, Reading MA 01867 - Photo 28 4 Summit Drive # 508, Reading MA 01867 - Photo 29 4 Summit Drive # 508, Reading MA 01867 - Photo 30 4 Summit Drive # 508, Reading MA 01867 - Photo 31
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Schedule a Tour