$317,000
SOLD NOV 25, 2015

1005 Gazebo Cir Unit 1005 Reading, MA 01867

1 Bed
2 Baths
950 Sq Ft
1996 Built

Recently Sold

$334 Per Sq Ft

6% Below List Price

43 Days on Market

About This Home

As of November 2015

Motivated Seller!!! Sun filled, move in ready, 1 bedroom 1.5 bath corner townhouse in sought after Summit Village. Natural maple hardwood flooring, quartz countertops, stainless steel appliances, induction range, full size washer and dryer and wood burning fireplace. A new hot water tank was installed less than a year ago. Attached garage plus one additional space are included. Great location close to dining, train and routes 128/93. Nothing to do but move in!

Last Agent to Sell the Property

Jason Saphire

Saphire Hospitality, Inc.

Last Buyer's Agent

Jamie Decotis

Lyv Realty

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
43
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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,056

Year Built

1996

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Highway Access
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Wood, Tile, Wall to Wall Carpet, Engineered Hardwood
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor, 6X5
  • Bathroom #2: Second Floor, 9X7
  • Kitchen: First Floor, 9X10
  • Laundry Room: First Floor, 6X4
  • Living Room: First Floor, 17X11
  • Master Bedroom: Second Floor, 16X11
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 9X8
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior Unit Features: Balcony

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Deeded
  • Garage Spaces: 1
  • Parking: Assigned, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Gas, Hydro Air
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Condominium Name: Summit Village
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 132
  • Unit Building: 1005

Schools

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

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: 71885028

MLS Property Information Network (MLS PIN)

APN: READ-000008-000823-000087