NOT LISTED FOR SALE

4 Summit Dr Unit 302 Reading, MA 01867

Estimated Value: $465,000 - $487,673

2 Beds
2 Baths
1,085 Sq Ft
$738/mo HOA Fee

Last Sold March 14, 2025

Last sale price $470,000 $433 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,836/month

20 Days on Market

Highlights

  • Medical Services
  • Open Floorplan
  • Property is near public transit
  • Joshua Eaton Elementary School Rated A-
  • Landscaped Professionally
  • Corner Lot

About This Home

As of March 2025

Great new price on this Highly sought after Summit Terrace condominium! Toss the shovels and rakes and start living the turn key lifestyle! Spacious corner unit with lots of windows and natural sunlight make this particular unit very desirable. The open concept Living Room/Dining Room/Kitchen allows for ease in entertaining. There are 2 large bedrooms and 2 full baths. The primary bedroom has private bath and large closet. Elevator from this 3rd floor unit to underground parking allows easy access to your vehicle. A bonus especially in bad weather. Beautiful private balcony overlooks picturesque wooded forest. Convenient to major highways and the commuter rail. Condo Fee includes heat, water, gas and sewer. Quick closing is an option! Please send offers in one PDF to maryann@maryannquinn.net. Please allow 24 hours for seller's response.

Last Agent to Sell the Property

Mary Ann Quinn

Wilson Wolfe Real Estate Listed on: 01/14/2025

Last Buyer's Agent

Patricia Fitzgerald

Brad Hutchinson Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1985

Lot Details

  • Near Conservation Area
  • Landscaped Professionally

HOA Fees

  • $738 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Common or Shared Parking
  • Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Call Supt. Elementary And Middle School
  • RMHS High School

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • Hot Water Heating System

Additional Features

  • Energy-Efficient Thermostat
  • Balcony

Listing and Financial Details

  • Legal Lot and Block 103 / 725

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, road maintenance, ground maintenance, snow removal, trash, air conditioning, reserve funds
  • 66 Units
  • Mid-Rise Condominium
  • Summit Terrace Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Elevator

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,304

Year Built

Built in 1985

Lot Details

0

HOA Fees

$738 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1985
  • Entry Level: 3
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet, Laminate
  • Interior Amenities: Dining Area, Open Floorplan, Living/Dining Rm Combo, Elevator
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
  • Room Bedroom2 Area: 182
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet, Closet - Double
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 180
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 40
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 40
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Laminate, Breakfast Bar / Nook, Recessed Lighting
  • Room Kitchen Area: 88
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Basement: N
  • Above Grade Finished Sq Ft: 1085
  • Living Area: 1085
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: B61601
  • LIST PRICE PER Sq Ft: 442.3
  • PRICE PER Sq Ft: 433.18
  • MAIN SO: B11101
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Balcony - Exterior, Balcony, Professional Landscaping
  • Common Walls: Corner
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, Storage, Deeded, Off Street, Common, Guest, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s)
  • Association Fee: 738
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 302
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds

Lot Info

  • Zoning: A40
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 1
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5304
  • Tax Block: 725
  • Tax Book Number: 71934
  • Tax Lot: 103
  • Tax Map Number: 8

Multi Family

  • Number Of Units Total: 66
  • Basement Included Sq Ft: No

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
Jan 14, 2025
Closed on
Mar 14, 2025
Sold by
Chan Siu K
Bought by
Koury Jennifer
Seller's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
Buyer's Agent
Patricia Fitzgerald
Brad Hutchinson Real Estate
List Price
$489,900
Sold Price
$470,000
Premium/Discount to List
-$19,900
-4.06%
Total Days on Market
20
Views
114
Current Estimated Value
$475,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,418
Avg. Annual Appreciation
1.86%
Original Mortgage
$344,000
Outstanding Balance
$343,715
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,281

Purchase Details

Closed on
Jan 14, 2005
Sold by
Black Richard
Bought by
Blomquist Corrine T and Blomquist Robert C
Source: Public Records

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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
Koury Jennifer $470,000 None Available
Koury Jennifer $470,000 None Available
Blomquist Corrine T $285,000 --
Blomquist Corrine T $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koury Jennifer $344,000
Closed Koury Jennifer $344,000
Previous Owner Blomquist Corrine T $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $470,000 -2.1% $433 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/27/2025 01/27/25 Price Changed $479,900 -2.0% $442 / Sq Ft
01/14/2025 01/14/25 For Sale $489,900 +42.0% $452 / Sq Ft
11/28/2018 11/28/18 Sold $345,000 0.0% $286 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $344,900 0.0% $286 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $344,900 -- $286 / 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 $5,304 $465,700 $0 $465,700
2024 $4,661 $397,700 $0 $397,700
2023 $4,944 $392,700 $0 $392,700
2022 $4,697 $352,400 $0 $352,400
2021 $4,700 $340,300 $0 $340,300
2020 $4,566 $327,300 $0 $327,300
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: 73326010

MLS Property Information Network (MLS PIN)

APN: READ-000008-000725-000103