Seller's Agent in 2020
Rick Nazzaro
Colonial Manor Realty
(781) 290-7425
116 in this area
177 Total Sales
4 Summit Dr Unit 303 Reading, MA 01867
Estimated Value: $452,000 - $571,000
2
Beds
2
Baths
1,075
Sq Ft
1985
Built
Highlights
- Wood Flooring
- French Doors
- Central Air
- Joshua Eaton Elementary School Rated A-
About This Home
As of November 2020Welcome to the very popular Summit Terrace Condominiums. Ideally located providing quick access to major routes, it gets you where you need to be! Tucked away, yet near everything!! Compete with a garage space, and plenty of open, available parking, this split bedroom designed third floor unit is ideal for those who want to be together, yet provides privacy when needed. The two bedrooms are spacious, and each offer a full bath (owners suite has been modified in order to create a GIANT walk-in closet...bath and closet are outside of the bedroom). You will love the kitchen renovation here, where a comfortable OPEN FLOOR PLAN has been created. You haven't seen a granite topped island like this anywhere else! It even houses a wine refrigerator. It's the perfect gathering and entertaining space...WARNING, your friends may never leave. The baths have been updated with nice tile, granite vanities, and lovely fixtures. Heat and AC are less than 10 years old. Just move in an enjoy!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,739
Year Built
- Built in 1985
Parking
- 1 Car Garage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Air
- Radiator
- Heat Pump System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- French Doors
- Year Round Access
Community Details
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2020
Closed on
Nov 11, 2020
Sold by
Giglio Michael A
Bought by
Lanni Phyllis G
Seller's Agent
Rick Nazzaro
Colonial Manor Realty
Buyer's Agent
Paula Fico
FICO Realty Group
List Price
$3,499,000
Sold Price
$364,000
Premium/Discount to List
-$3,135,000
-89.6%
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
$131,629
Avg. Annual Appreciation
5.34%
Purchase Details
Closed on
Dec 30, 2005
Sold by
Wardrobe Jane B
Bought by
Giglio Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lanni Phyllis G | $364,000 | None Available | |
| Giglio Michael A | $272,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Giglio Michael A | $244,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Sold | $364,000 | +4.0% | $339 / Sq Ft |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- |
| 09/03/2020 09/03/20 | Price Changed | $349,900 | -90.0% | $325 / Sq Ft |
| 09/03/2020 09/03/20 | For Sale | $3,499,000 | -- | $3,255 / 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 | $4,739 | $416,100 | $0 | $416,100 |
| 2024 | $4,165 | $355,400 | $0 | $355,400 |
| 2023 | $4,418 | $350,900 | $0 | $350,900 |
| 2022 | $4,198 | $314,900 | $0 | $314,900 |
| 2021 | $4,231 | $306,400 | $0 | $306,400 |
| 2020 | $4,111 | $294,700 | $0 | $294,700 |
| 2019 | $3,927 | $276,000 | $0 | $276,000 |
| 2018 | $3,179 | $229,200 | $0 | $229,200 |
| 2017 | $2,924 | $208,400 | $0 | $208,400 |
| 2016 | $3,028 | $208,800 | $0 | $208,800 |
| 2015 | $2,843 | $193,400 | $0 | $193,400 |
| 2014 | $2,591 | $175,800 | $0 | $175,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Nazzaro
-
Paula Fico
Buyer's Agent in 2020
Paula Fico
FICO Realty Group
(617) 851-3241
1 in this area
37 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72719955
APN: READ-000008-000726-000103
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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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