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4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867
$470,000
Est. $3,757/month
2
Beds
2
Baths
1,085
Sq Ft
$433
Price/Sq Ft
1985
Year Built
32
Days on Market
Closed Listed Jan 14, 2025 • MLS# 73326010 Copied!

About this home

Great new price on this Highly sought after Summit Terrace condominium! Toss the shovels and rakes and start living the turn key lifestyle! Spacious corner unit with lots of windows and natural sunlight make this particular unit very desirable. The open concept Living Room/Dining Room/Kitchen allows for ease in entertaining. There are 2 large bedrooms and 2 full baths. The primary bedroom has private bath and large closet. Elevator from this 3rd floor unit to underground parking allows easy access to your vehicle. A bonus especially in bad weather. Beautiful private balcony overlooks picturesque wooded forest. Convenient to major highways and the commuter rail. Condo Fee includes heat, water, gas and sewer. Quick closing is an option! Please send offers in one PDF to maryann@maryannquinn.net. Please allow 24 hours for seller's response.

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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
1,085 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $489,900
Final Sale Price: $470,000
Difference: $19,900 (-4.1%)
Performance Metrics
95.9%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $452
Sale $/sq ft: $433
This property sold for $433 per square foot
Sale Summary

This property sold for 4.1% below the original asking price.

The property spent 32 days on market before selling.

Nearby Sales Comparison

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

This Property
$433/sq ft
Area Average
$237/sq ft
Difference
+82.6%

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 1,085 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump
Cooling Heat Pump
Flooring Tile, Carpet, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Dining Area, Open Floorplan, Living/dining Rm Combo, Elevator

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Balcony - Exterior, Balcony, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Deeded, Off Street, Common, Guest, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $5,304
Assessed Value $465,700

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer
Interior Features: Dining Area, Open Floorplan, Living/Dining Rm Combo, Elevator
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame, Brick
Roof: Rubber
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: Thermostat

Exterior & Lot

Exterior Features: Balcony - Exterior, Balcony, Professional Landscaping
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, Off Street, Common, Guest, Paved

Location

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Neighborhood

4 Summit Drive # 302, 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 $442
Homeowners Insurance $200
HOA Fee $738/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
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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

28.1%
Price Range
34
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Mar 14, 2025
$470,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Jan 14, 2025
$479,900
Original listing
Agent: Mary Ann Quinn Group Office: Wilson Wolfe Real Estate
Previous Transaction - MLS #72388017
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 28, 2018
$345,000
MLS #72388017

Price & Status History

Date Event Price Change
Jan 14, 2025 New Listing Added $479,900
Nov 28, 2018 Sold $345,000

Market Statistics

Days on Market
32 days
Price per Sq Ft
$433

Tax History

Year Taxes Assessment
2025 $5,304 $465,700

Financial Details

Annual Property Tax
$5,304
Tax Year 2025
HOA Fee
$738
Monthly
Assessed Value
$465,700

Listing Information

Listing Agent Mary Ann Quinn Group
Listing Office Wilson Wolfe Real Estate
Agent MLS ID TM305137
Office MLS ID AN8712
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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