$267,500
SOLD MAR 28, 2014

1005 Gazebo Cir Unit 1005 Reading, MA 01867

1 Bed
1.5 Baths
950 Sq Ft
1996 Built

Recently Sold

$282 Per Sq Ft

6% Below List Price

47 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Open Floorplan
  • Joshua Eaton Elementary School Rated A-
  • Waterfront
  • Landscaped Professionally

About This Home

As of November 2015

New price! Here is your opportunity to own at desirable Summit Village / Gazebo Circle for an affordable price. This is a spacious 1 bedroom, 1 1/2 bath, corner unit, with an attached garage. Unit has an open floor plan with a nice size kitchen, eat-in breakfast nook, dining area with sliders to a private balcony, and a fireplaced living room that has a beautiful French Door entrance. Large master bedroom has an oversized walk-in-closet with the potential to add additional space. Central A/C & in-unit Laundry. All new windows! Complex is meticulously maintained throughout & conveniently located close to major routes, shopping, restaurants, and the Reading & Wakefield commuter rails. All appliances are included. EASY TO SEE.

Last Agent to Sell the Property

Gayle Faller

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Gayle Faller

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,678

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Near Conservation Area
  • Landscaped Professionally

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Gazebo

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Joshua Eaton Elementary School
  • Parker Middle School
  • Reading High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Individual Controls for Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 730771

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 132 Units
  • Summit Village Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,678

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1996
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 176
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Balcony - Exterior, Open Floorplan, Slider
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Open Floorplan
  • Laundry Features: First Floor, In Unit, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 204
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Open Floorplan
  • Living Area: 950
  • Stories Total: 2
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 283.16
  • PRICE PER Sq Ft: 281.58
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Professional Landscaping
  • Common Walls: Corner
  • Other Structures: Gazebo
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Natural Gas, Unit Control, Hydro Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 227
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • UNIT BUILDING: 1005
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 730771
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 80
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3677.63
  • Tax Book Number: 28966

Multi Family

  • Number Of Units Total: 132

MLS Schools

  • High School: Reading High
  • Elementary School: Joshua Eaton
  • Middle Or Junior School: Parker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2014
Closed on
Mar 28, 2014
Sold by
Derosa Raymond R and Derosa Randy R
Bought by
Berman Andrew D
Seller's Agent
Gayle Faller
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Gayle Faller
Coldwell Banker Realty - Lynnfield
List Price
$285,000
Sold Price
$267,500
Premium/Discount to List
-$17,500
-6.14%
Total Days on Market
47
Current Estimated Value
$504,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,055
Avg. Annual Appreciation
5.86%
Original Mortgage
$254,125
Outstanding Balance
$186,026
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$318,529

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $267,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $254,125 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $317,000 -2.5% $334 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/03/2015 09/03/15 Price Changed $325,000 -0.9% $342 / Sq Ft
08/31/2015 08/31/15 Price Changed $328,000 -0.6% $345 / Sq Ft
08/21/2015 08/21/15 Price Changed $330,000 -0.8% $347 / Sq Ft
08/11/2015 08/11/15 Price Changed $332,500 -1.6% $350 / Sq Ft
08/06/2015 08/06/15 For Sale $338,000 +26.4% $356 / Sq Ft
03/28/2014 03/28/14 Sold $267,500 0.0% $282 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/07/2014 02/07/14 Off Market $267,500 -- --
01/31/2014 01/31/14 Price Changed $269,000 -5.6% $283 / Sq Ft
01/15/2014 01/15/14 For Sale $285,000 -- $300 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,056 $443,900 $0 $443,900
2024 $5,034 $429,500 $0 $429,500
2023 $5,047 $400,900 $0 $400,900
2022 $4,801 $360,200 $0 $360,200
2021 $4,706 $340,800 $0 $340,800
2020 $4,754 $340,800 $0 $340,800
2019 $4,603 $323,500 $0 $323,500
2018 $4,072 $293,600 $0 $293,600
2017 $4,018 $286,400 $0 $286,400
2016 $3,798 $261,900 $0 $261,900
2015 $3,668 $249,500 $0 $249,500
2014 $3,678 $249,500 $0 $249,500
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71623290

MLS Property Information Network (MLS PIN)

APN: READ-000008-000823-000087