$345,000
SOLD NOV 28, 2018

4 Summit Dr Unit 302 Reading, MA 01867

2 Beds
2 Baths
1,208 Sq Ft
1985 Built

Recently Sold

$286 Per Sq Ft

49 Days on Market

Highlights

  • Tile Flooring
  • Joshua Eaton Elementary School Rated A-
  • Central Air

About This Home

As of March 2025

METICULOUSLY MAINTAINED 2 BEDROOM CONDO RARELY AVAILABLE AT SUMMIT TERRACE! Nothing to do but move in. Enjoy one level living in Reading's desirable West Side. 3RD Floor sunny corner unit with private outdoor balcony with views of many trees. Updated kitchen featuring granite counters and plenty of storage. Stackable washer / dryer in unit are not represented on the floor plans. Nice foyer with ample closet space. 2 Oversized bedrooms, both carpeted and boasting large closets. 2 Full tiled bathrooms updated with granite counters. Extra storage in the basement. Within the Joshua Eaton school district and a short drive to downtown Reading where you'll find plenty of coffee shops, restaurants, boutiques, spas and the commuter rail to Boston. Easy access to Route 95 and only 14 miles north of Boston.

Last Agent to Sell the Property

Monte Marrocco

Coldwell Banker Realty - Lexington Listed on: 09/04/2018

Coldwell Banker Realty - Lexington

Co-Listed By

Monte Marrocco

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Susan Guarino

Lyv Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1985

Lot Details

  • Year Round Access

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,304

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 285.51
  • Comp Based On: Net Sale Price
  • Year Built: 1985
  • Year Round: Yes
  • Unit Building: 302
  • Unit Level: 3
  • Unit Placement: End, Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 14X19, Bathroom - 3/4, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup
  • Bedroom 2: On Level: First Floor, Dimension: 13X16, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 5X8, Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 2: On Level: First Floor, Dimension: 5X8, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Dimension: 8X11, Flooring - Laminate, Cable Hookup, High Speed Internet Hookup, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 8X11, Flooring - Laminate, Countertops - Stone/Granite/Solid, Cable Hookup, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 14X15, Flooring - Laminate, Window(s) - Picture, Balcony - Exterior, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: B50201
  • Estimated Sq Ft: 1208.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Balcony, Screens

Garage/Parking

  • Parking Feature: Off-Street
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Gas
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • HOA Fees: 600.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Owner Association

Association/Amenities

  • Condominium Name: SUMMIT TERRACE

Schools

  • Elementary School: JOSHUA EATON
  • Middle School: PARKER
  • High School: RMHS

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Rental Info

  • Pets Allowed: Unknown

Multi Family

  • No Units: 66

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
$475,213

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
5.65%
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
Source: Public Records

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Range of Values:

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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
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

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: 72388017

MLS Property Information Network (MLS PIN)

APN: READ-000008-000725-000103