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4 Summit Drive # 302, Reading MA 01867

Reading, MA 01867
$470,000
2
Beds
2
Baths
1,085
Sq Ft
$433
Price/Sq Ft
1985
Year Built
1
Garage Space
32
Days on Market
Closed Listed Jan 14, 2025 • MLS# 73326010 Copied! • Updated Mar 14, 2025

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.

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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Recently Sold Nearby

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

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
Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Deeded, Off Street, Common, Guest, Paved
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
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
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
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
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,085 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Room Details

First Floor

Bathroom1
8 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Kitchen
11 x 8
Flooring - Laminate, Breakfast Bar / Nook, Recessed Lighting
Bathroom2
8 x 5
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bedroom2
14 x 13
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
Master Bedroom
15 x 12
Flooring - Wall to Wall Carpet, Closet - Double

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Living Room
Bathroom3
Office
Family Room
Master Bathroom
Yes

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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