4 Summit Dr Unit 302 Reading, MA 01867
2
Beds
2
Baths
1,085
Sq Ft
$738/mo
HOA Fee
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 2025Great 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.
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
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%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,213
Avg. Annual Appreciation
5.50%
Original Mortgage
$344,000
Outstanding Balance
$343,715
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,198
Purchase Details
Closed on
Jan 14, 2005
Sold by
Black Richard
Bought by
Blomquist Corrine T and Blomquist Robert C
Similar Homes in Reading, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $470,000 | None Available | |
| Condominium Deed | $470,000 | None Available | |
| Deed | $285,000 | -- | |
| Deed | $285,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $344,000 | Purchase Money Mortgage | |
| Closed | $344,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | No Value Available |
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
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
-
Seller's Agent in 2025
Mary Ann Quinn
Wilson Wolfe Real Estate
(617) 710-6852
74 in this area
116 Total Sales
-
Buyer's Agent in 2025
Patricia Fitzgerald
Brad Hutchinson Real Estate
(781) 248-5055
3 in this area
64 Total Sales
-
Seller's Agent in 2018
Monte Marrocco
Coldwell Banker Realty - Lexington
(781) 799-0666
3 in this area
238 Total Sales
-
Buyer's Agent in 2018
Susan Guarino
Lyv Realty
(781) 248-2796
2 in this area
15 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73326010
APN: READ-000008-000725-000103
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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