Dimensions8 x 5
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
4 Summit Drive # 413, Reading MA 01867
Reading, MA 01867
$337,500
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Sale Statistics
Sale Overview
Original List Price:
$389,900
Final Sale Price:
$337,500
Difference:
$52,400 (-13.4%)
Performance Metrics
86.6%
List to Sale Ratio
Sold below asking price
67
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$571
Sale $/sq ft:
$494
This property sold for $494 per square foot
Sale Summary
This property sold for 13.4% below the original asking price.
The property spent 67 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
$494/sq ft
Area Median
$481/sq ft
Difference
+2.7%
This property sold slightly above the area median for similar homes.
About this home
Welcome to this bright, spacious one bedroom condominium at Summit Terrace. This neat and efficient unit has an open floor plan, making it feel larger than its square footage. Situated on the 4th floor you can enjoy a nice view of the woods from your private balcony. The in-unit laundry and an elevator to a parking space is an added bonus to this condo! A personal storage space is located on level G. Just minutes from major highways, Reading's growing downtown and the commuter rail make this a desirable and sought after location.
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Public Records & Permits
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Property History
Market Insights
3.5%
Price Range
68
Total Days on Market
Property Timeline
Sold
Oct 22, 2025
$337,500
Property sold
Days on Market: 68
Listed for Sale
Aug 7, 2025
$349,900
Original listing
Agent: Mary Ann Quinn Group
Office: Wilson Wolfe Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/22/2025 | ✓ Sold | $337,500 | - | - | Property sold |
| 08/07/2025 | 🏠 Listed for Sale | $349,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $3,600 | $316,100 |
Financial Details
Annual Property Tax
$3,600
Tax Year 2025
HOA Fee
$533
Monthly
Assessed Value
$316,100
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1985
Living Area
683 sq ft
Bedrooms
1
Full Baths
1
Total Rooms
3
Interior
Heating
Heat Pump
Cooling
Heat Pump
Flooring
Tile, Laminate
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, 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
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
Financial
Annual Tax
$3,600
Assessed Value
$316,100
HOA & Community
HOA Fee
$533 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Hot Water, Elevator(s)
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Deeded Garage Parking Space Is G-5. Personal Storage Bin Is G413. This Sale Is Under A Power Of Attorney.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Garden","Mid-Rise"]
Unit/Building
413
Sq Ft Source
Public Record
Sq Ft Disclosures
Room sizes are approximate.
Documents
Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements (6)
County
Middlesex
Total market time (incl. prior listings)
68 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1985
Bedrooms
1
Full Bathrooms
1
Living Area
683 sq ft
Total Rooms
3
Stories
6
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
683 sq ft above grade
0 sq ft below grade
Dimensions9 x 8
FeaturesFlooring - Stone/Ceramic Tile, Recessed Lighting
LevelFirst
Dimensions14 x 11
FeaturesWalk-In Closet(s), Closet, Flooring - Laminate
LevelFirst
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:
Tile, Laminate
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, 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:
6
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
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 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
3 schools
B+
Walton School
0.5 mi
|
#293 of 824
|
Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students
Less Diverse
Rising School
Grades K-04
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
St. Joseph Elementary School
1.0 mi
Grades PK-08
Middle Schools
3 schools
A-
Galvin Middle School
1.4 mi
|
#79 of 352
|
Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students
Moderate
Strong Attendance
Grades 05-08
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
B+
Stoneham Central Middle School
1.6 mi
|
#132 of 352
|
Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students
Moderate
Grades 05-08
High Schools
3 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.4 mi
Grades 09-12
A
Reading Memorial High School
2.0 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 Drive # 413, 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
Oct 22, 2025 2:00 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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