NOT LISTED FOR SALE

4 Summit Dr Unit 215 Reading, MA 01867

Estimated Value: $456,000 - $488,000

2 Beds
2 Baths
1,085 Sq Ft
$599/mo HOA Fee

Last Sold May 31, 2018

Last sale price $345,000 $318 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,520/month

2 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • Forced Air Heating and Cooling System
  • Joshua Eaton Elementary School Rated A-

About This Home

As of May 2018

Newly remodeled corner unit in bright and sunny desirable commuter location! This two-bedroom two-bath condo has been updated for today's discerning buyer. This delightfully private retreat has just been refreshed to suit your carefree lifestyle. Features include dark stain wood flooring, recessed lighting, fresh paint in neutral tones, updated stainless steel appliances, custom chair rail/molding in living area, and your own private deck. Generous sized bedrooms, 2 full baths and plenty of storage. One deeded car parking in secured garage with additional storage closet below. Condo fee includes heat and hot water. Located just off major highways 95 and 93 and Lake Quannapowitt.

Last Agent to Sell the Property

Denise Moynihan

Coldwell Banker Realty - Lynnfield Listed on: 04/12/2018

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Bernadine Tsung Megason

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1985

Lot Details

  • Year Round Access

HOA Fees

  • $599 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Individual Controls for Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,064

Year Built

Built in 1985

Lot Details

0

HOA Fees

$599 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 294.84
  • Comp Based On: Net Sale Price
  • Year Built: 1985
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 215
  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Flooring: Wood, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 14X10, Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Main Level
  • Bedroom 2: On Level: Second Floor, Dimension: 14X10, Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Main Level, Recessed Lighting
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Main Level
  • Bathroom 2: On Level: Second Floor, Bathroom - Tiled With Shower Stall, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • No Rooms: 4
  • Dining Room: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Window(s) - Picture, Balcony - Exterior, Main Level, Cable Hookup, Chair Rail, Deck - Exterior, Open Floor Plan, Recessed Lighting, Remodeled, Slider
  • Kitchen: On Level: Second Floor, Dimension: 9X6, Flooring - Hardwood, Main Level, Chair Rail, Stainless Steel Appliances
  • Laundry: On Level: Second Floor, Closet, Flooring - Wood, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: Second Floor, Dimension: 21X14, Flooring - Hardwood, Chair Rail, Open Floor Plan, Recessed Lighting
  • Other Room 1: Name: Entry Hall, On Level: Second Floor, Flooring - Wood
  • No Living Levels: 7
  • Main Lo: K95001
  • Main So: NB5354
  • Estimated Sq Ft: 1085.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Porch, Storage Shed, Professional Landscaping

Garage/Parking

  • Parking Feature: Assigned, Deeded, Common, Guest
  • Parking Spaces: 1
  • Garage Parking: Attached, Under, Garage Door Opener, Deeded, Assigned
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Central Air, Unit Control
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Electric, Unit Control, Wall Unit
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 599.00
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Garden Area, Air Conditioning, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Summit Terrace Condominiums

Schools

  • Elementary School: Joshua Eaton
  • High School: Reading High

Lot Info

  • Assessments: 222700.00
  • Page: 7
  • Zoning: A

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3124.48

Multi Family

  • No Units: 66
  • No Units Owner Occ: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 31, 2018
Sold by
Ekm 1999 Rt
Bought by
Mccahon Marie
Seller's Agent
Denise Moynihan
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Bernadine Tsung Megason
Compass
List Price
$319,900
Sold Price
$345,000
Premium/Discount to List
$25,100
7.85%
Current Estimated Value
$471,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,378
Avg. Annual Appreciation
4.24%
Original Mortgage
$258,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Mccahon Marie $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccahon Marie $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $345,000 +7.8% $318 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $319,900 -- $295 / 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 $5,064 $444,600 $0 $444,600
2024 $4,450 $379,700 $0 $379,700
2023 $4,720 $374,900 $0 $374,900
2022 $4,486 $336,500 $0 $336,500
2021 $4,521 $327,400 $0 $327,400
2020 $4,393 $314,900 $0 $314,900
2019 $4,196 $294,900 $0 $294,900
2018 $3,397 $244,900 $0 $244,900
2017 $3,124 $222,700 $0 $222,700
2016 $3,236 $223,200 $0 $223,200
2015 $3,037 $206,600 $0 $206,600
2014 $2,768 $187,800 $0 $187,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72308093

MLS Property Information Network (MLS PIN)

APN: READ-000008-000723-000103