4 Summit Dr # 419, Reading MA 01867
Reading, MA 01867
$462,500
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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.
Nearby Sales Comparison
Based on 6 similar properties sold within 0.5 miles in the last 90 days
This Property
$426/sq ft
Area Median
$481/sq ft
Difference
11.4%
This property sold below the area median, potentially representing good value for the buyer.
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/30/2025 | ✓ Sold | $462,500 | - | - | Property sold |
| 02/18/2025 | 🏠 Listed for Sale | $479,900 | - | - | Original listing |
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
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Garage Door Opener, Storage, Deeded, 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
$5,064
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
MA Disclosures
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
Additional Details
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
Sold
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,085 sq ft
Total Rooms
4
Stories
1
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,085 sq ft above grade
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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 District
Reading School District local
A
School Safety
2024-25
0.4%
Low
0.4%
Suspensions
0.2%
In-School
5.1% below state avg
Elementary Schools
6 schools
A
Joshua Eaton School
0.9 mi
|
#93 of 824
|
Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students
Moderate
Rising School
Strong Attendance
Grades K-05
A
Alice M Barrows School
1.8 mi
|
#158 of 824
|
Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students
Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.1 mi
116 students
Moderate
Grades PK
A-
Birch Meadow School
2.3 mi
|
#240 of 824
|
Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students
Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.4 mi
|
#94 of 824
|
Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students
Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.3 mi
|
#275 of 824
|
Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students
Less Diverse
Strong Attendance
Grades K-05
Middle Schools
2 schools
A
Walter S Parker Middle School
1.5 mi
|
#62 of 352
|
Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students
Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
2.3 mi
|
#43 of 352
|
Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students
Less Diverse
Rising School
Strong Attendance
Grades 06-08
High Schools
2 schools
Austin Prep School
2.3 mi
Grades 06-12
A
Reading Memorial High School
2.1 mi
|
#65 of 346
|
Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students
Less Diverse
18 sports
• 2,420 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
4 Summit Dr # 419, Reading MA 01867
Reading, MA 01867
Listing Information
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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