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4 Summit Dr # 419, Reading MA 01867

Reading, MA 01867
$462,500
2
Beds
2
Baths
1,085
Sq Ft
$426
Price/Sq Ft
1985
Year Built
1
Garage Space
56
Days on Market
Closed Listed Feb 18, 2025 • MLS# 73336022 Copied! • Updated Apr 30, 2025

Sale Statistics

Sale Overview
Original List Price: $484,900
Final Sale Price: $462,500
Difference: $22,400 (-4.6%)
Performance Metrics
95.4%
List to Sale Ratio
Sold below asking price
56
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $447
Sale $/sq ft: $426
This property sold for $426 per square foot
Sale Summary

This property sold for 4.6% below the original asking price.

The property spent 56 days on market before selling.

About this home

Welcome home to this beautiful, quiet 4th floor Corner Unit condo in Reading at Summit Terrace. This recently painted, newly applianced 1,085 sq ft unit features 2 Spacious Bedrooms, 2 Full Baths, lots of closet space and a deeded underground garage parking spot which is especially convenient in poor weather! The open-concept layout, in addition to some full length windows, allows for wonderful natural light throughout. You will appreciate having a private outdoor balcony with charming flower boxes that provides the perfect spot to enjoy the air and pleasant views. With an additional assigned storage locker, central heating and central air, and an in-unit laundry this condo checks off all the boxes. It’s in an A+ location close to major highways, the commuter rail and everything that Reading and the Greater Boston area has to offer.

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Recently Sold Nearby

Property History

Market Insights

3.6%
Price Range
57
Total Days on Market

Property Timeline

Sold
Apr 30, 2025
$462,500
Property sold
Days on Market: 57
🏠
Listed for Sale
Feb 18, 2025
$479,900
Original listing
Agent: Brian Flynn Team Office: Coldwell Banker Realty - Lexington

Tax History

Year Taxes Assessment
2025 $5,064 $444,600

Financial Details

Annual Property Tax
$5,064
Tax Year 2025
HOA Fee
$767
Monthly
Assessed Value
$444,600

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 None
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Elevator

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features 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, 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 $5,064
Assessed Value $444,600

HOA & Community

HOA Fee $767 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
Seller Disclosures Parking Space Assigned to Unit 419 Is Parking Garage Level L Space Number 25. Hoa Includes All Utilities Except Electric And Cable.1 Months Reserve Due At Closing From Buyer. Public Record Address: 605 Summer Ave U4-419. No Dogs Allowed (except Service Dogs) Per Condo Rules & Regs
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 419
Sq Ft Source Master Deed
Sq Ft Disclosures Single Level Living with in unit washer & dryer, deeded garage space and storage space.
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan (4)
County Middlesex
Total market time (incl. prior listings) 57 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
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring:
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Elevator
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: 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:

Exterior & Lot

Exterior Features: 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, Common, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

4 Summit Dr # 419, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Brian Flynn Team
Listing Office Coldwell Banker Realty - Lexington
Office Phone 781-862-2600
Agent MLS ID TM328851
Office MLS ID AN6216
Listing Data Updated Apr 30, 2025 5:49 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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