FeaturesBathroom - Full
4 Summit Drive # 508, Reading MA 01867
Reading, MA 01867
$485,000
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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 Median
$481/sq ft
Difference
6.2%
This property sold near the area median for similar homes.
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.
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Public Records & Permits
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Recently Sold Nearby
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/23/2024 | ✓ Sold | $485,000 | - | - | Property sold |
| 10/30/2024 | 🏠 Listed for Sale | $469,000 | - | - | Original listing |
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
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
HOA & Community
HOA Fee
$752 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds
Amenities
Hot Water, Elevator(s)
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Garage Spot #14. Hoa Includes All Utilities Except Electric And Cable.1 Months Reserve Due At Closing From Buyer. Public Record Address: 605 Summer Ave U4-508. No Dogs Allowed (except Service Dogs) Per Condo Rules & Regs
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden","Mid-Rise"]
Unit/Building
508
Sq Ft Source
Public Record
Sq Ft Disclosures
Single Level Living with in unit washer & dryer, deeded underground garage space and storage space.
Documents
Master Deed, Unit Deed, Rules & Regs, Master Plan, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County
Middlesex
Total market time (incl. prior listings)
5 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,075 sq ft
Total Rooms
4
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
Dimensions11 x 7
FeaturesFlooring - Vinyl, Pantry
FeaturesBathroom - Full
Dimensions14 x 11
FeaturesFlooring - Wall to Wall Carpet, Closet - Double
Dimensions16 x 12
FeaturesFlooring - Wall to Wall Carpet, Window(s) - Picture, Closet - Double
FeaturesYes
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, 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
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
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
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
High Schools
3 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.4 mi
Grades 09-12
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
Learn about these ratings
Location
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Neighborhood
4 Summit Drive # 508, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Lisa Santilli
Listing Office
Classified Realty Group
Office Phone
978-664-0075
Agent MLS ID
B8000051
Office MLS ID
B95141
Listing Data Updated
Dec 23, 2024 2:57 PM EST
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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