4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867

$470,000

Beds

Baths

1,085

Sq Ft

$433

Price/Sq Ft

1985

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Jan 14, 2025 • MLS# 73326010 Copied! • Updated Mar 14, 2025

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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

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 Median

$481/sq ft

Difference

10.0%

This property sold near the area median for similar homes.

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

28.1%

Price Range

Total Days on Market

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

View Listing →

Date	Event	Price	Change	$/sqft	Details
03/14/2025	✓ Sold	$470,000	-	-	Property sold
01/14/2025	🏠 Listed for Sale	$479,900	-	-	Original listing
11/28/2018	🏷️ Previously Sold	$345,000	-	-	MLS #72388017

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

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

HOA & Community

HOA Fee $738 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 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

Additional Details

Possession None

Accepted Financing Contract

Structure Type ["Garden","Mid-Rise"]

Unit/Building 302

Sq Ft Source Master Deed

Sq Ft Disclosures Rooms sizes are approximate. Some images are virtual furnishings. Please see attache

Documents Master Deed, Unit Deed, Floor Plans (3)

County Middlesex

Total market time (incl. prior listings) 34 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1985

Bedrooms

Full Bathrooms

Living Area

1,085 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Mary Ann Quinn Group

Listing Office Wilson Wolfe Real Estate

Office Phone 978-658-2345

Agent MLS ID TM305137

Office MLS ID AN8712

Listing Data Updated Mar 14, 2025 12:45 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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Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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