NOT LISTED FOR SALE

267 Summer Ave Unit 1 Reading, MA 01867

Estimated Value: $634,504 - $691,000

2 Beds
2 Baths
1,312 Sq Ft
$400/mo HOA Fee

Last Sold June 29, 2023

Last sale price $605,000 $461 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,550/month

4 Days on Market

Highlights

  • Golf Course Community
  • Custom Closet System
  • Wood Flooring
  • Joshua Eaton Elementary School Rated A-
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of June 2023

WELCOME TO THE WEST SIDE OF READING! This spacious & beautiful condominium is located on historic Summer Avenue. This highly sought after location was once voted "Most desirable streets North of Boston" by Boston Magazine. This gracious home abounds with quality, character and sophistication. Desirable one-level living makes for a great alternative to a single family home. A spacious foyer greets you at the front door. The kitchen has been tastefully updated with birch cabinets, granite countertops and stainless appliances. The many windows provide bright and natural light. There are 2 Bedrooms and 2 Full Baths, a inviting living room with fireplace, and a dining room with built-in china cabinet. The light-filled sunroom complete this superbly situated home. The one-car garage, ample guest parking, extra storage in basement and private patio add to the perfect options of home ownership. A short distance to Reading's vibrant downtown, shops and commuter rail. Don't miss out!

Last Listed By

Mary Ann Quinn

Wilson Wolfe Real Estate Listed on: 05/25/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1929

Lot Details

  • 0.26

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Dual Closets
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Home Security

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Call Supt Elementary And Middle School
  • RMHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Patio
  • Near Conservation Area

Listing and Financial Details

  • Legal Lot and Block 1 / 701
  • Assessor Parcel Number 4556867

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal
  • 2 Units
  • The 267 Summer Avenue Condominium Community

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,457

Year Built

Built in 1929

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Attached
  • Year Built: 1929
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 2.5
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Concrete, Hardwood, Flooring - Hardwood
  • Interior Amenities: Sun Room
  • Door Features: Storm Door(s)
  • Entry Location: Unit Placement(Ground)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Disposal,Microwave, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 208
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Hardwood, Closet - Double
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 156
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 81
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 63
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 156
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access
  • Room Kitchen Area: 153
  • Laundry Features: Electric Dryer Hookup, Exterior Access, Washer Hookup, In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 234
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Basement: Y
  • Living Area: 1312
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Storm Window(s)
  • MAIN LO: B95198
  • LIST PRICE PER Sq Ft: 457.24
  • PRICE PER Sq Ft: 461.13
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 4556867
  • Zoning: S-15
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11165
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 597
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6457
  • Tax Block: 701
  • Tax Book Number: 45902
  • Tax Lot: 1
  • Tax Map Number: 16

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

MLS Schools

  • High School: Rmhs
  • Elementary School: Call Supt
  • Middle Or Junior School: Call Supt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 29, 2023
Sold by
Lederer Susan S
Bought by
Drummond-Mayrie Dandre D and Hughes Caroline S
Seller's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
Buyer's Agent
Dave Antonell
Compass
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
Total Days on Market
4
Views
239
Current Estimated Value
$650,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,626
Avg. Annual Appreciation
4.03%
Original Mortgage
$544,500
Outstanding Balance
$533,358
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$117,268

Purchase Details

Closed on
Aug 19, 2005
Sold by
Pywell David C
Bought by
Lederer Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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 Buyer Sale Price Title Company
Drummond-Mayrie Dandre D $605,000 None Available
Lederer Susan S $429,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond-Mayrie Dandre D $544,500
Previous Owner Lederer Susan S $253,700
Previous Owner Lederer Susan S $251,000
Previous Owner Lederer Susan S $30,000
Previous Owner Lederer Susan S $240,000
Previous Owner Lederer Susan Sclesinge $240,000
Previous Owner Lederer Susan Sclesinge $239,000
Previous Owner Lederer Susan S $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $605,000 +0.9% $461 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $599,900 -- $457 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $6,511 $571,600 $0 $571,600
2024 $6,287 $536,400 $0 $536,400
2023 $6,457 $512,900 $0 $512,900
2022 $6,446 $483,600 $0 $483,600
2021 $6,413 $464,400 $0 $464,400
2020 $6,110 $438,000 $0 $438,000
2019 $6,025 $423,400 $0 $423,400
2018 $5,434 $391,800 $0 $391,800
2017 $5,240 $373,500 $0 $373,500
2016 $5,114 $352,700 $0 $352,700
2015 $5,014 $341,100 $0 $341,100
2014 $4,792 $325,100 $0 $325,100
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73116150

MLS Property Information Network (MLS PIN)

APN: READ-000016-000701-000001