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4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867
$470,000
Est. $2,502/month
2
Beds
2
Baths
1,085
Sq Ft
$433
Price/Sq Ft
1985
Year Built
Condominium
Type
32
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73326010

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.

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.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,085 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Interior Features

Flooring
Tile, Carpet, Laminate
Heating
Heat Pump
Has Heating
Yes
Cooling
Heat Pump
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Washer, Dryer
Interior Features
Dining Area, Open Floorplan, Living/Dining Rm Combo, Elevator
Laundry Features
Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame, Brick
Roof
Rubber
Exterior Features
Balcony - Exterior, Balcony, Professional Landscaping
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Under, Garage Door Opener, Storage, Deeded, Off Street, Common, Guest, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
HOA Fee
$738
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,304
Tax Year
2025
Tax Assessed Value
$465,700
Tax Lot
103
Tax Block
725
Tax Map Number
8
Zoning
A40

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Summit Terrace Condominium
Common Walls
Corner
Attached Property
Yes
Disclosures
Deeded Parking Space is G-19: Personal Storage Bin is G-302, Smoke is not permitted in common areas. Please see attached inclusion exclusion document
Listing Terms
Contract

Location

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Neighborhood

4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
Call Supt.
Rating information coming soon
Middle School
Call Supt.
Rating information coming soon
High School
Rmhs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $442
Homeowners Insurance $200
HOA Fee $738
PMI $0

Property History

Market Insights

2.1%
Price Range
34
Total Days on Market

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

Price & Status History

Date Event Price Change
Jan 14, 2025 New Listing Added $479,900 —

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

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