NOT LISTED FOR SALE

4 Summit Dr Unit 404 Reading, MA 01867

Estimated Value: $447,000 - $480,000

2 Beds
2 Baths
1,040 Sq Ft
1985 Built

Last Sold September 28, 2016

Last sale price $265,000 $255 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,865/month

3 Days on Market

About This Home

As of September 2016

Lovely 4th floor unit at the delightful Summit Terrace Condominiums in the much sought after town of Reading. Come see this beautiful unit featuring open floor plan with living room and dining room that are well lighted by the sliding doors that lead to the balcony that serves as a great home for your favorite summer flowers. Two good size bedrooms, 2 full baths: one is a master bedroom with bath. Save running down the hall with soiled laundry- its right in the unit for your convenience. The condo fee includes gas for heat. Additional storage in basement. Minutes to major highways, shopping and restaurants. Move right in to this well kept unit: you'll find it to be a special place to live. Recent assessment of $5424 has been paid by owner. SHOWINGS WILL START SUNDAY!

Last Agent to Sell the Property

Diana Roberts

Boardwalk Real Estate License #448500568 Listed on: 08/19/2016

Last Buyer's Agent

Peter Skambas

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,946

Year Built

1985

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Flooring: Wall to Wall Carpet
  • Bedroom 2: Fourth Floor, 13X11
  • Bathroom #1: Fourth Floor
  • Bathroom #2: Fourth Floor
  • Kitchen: Fourth Floor, 8X8
  • Laundry Room: Fourth Floor
  • Living Room: Fourth Floor, 16X14
  • Master Bedroom: Fourth Floor, 14X11
  • Master Bedroom Description: Bathroom - 3/4, Closet, Flooring - Wall to Wall Carpet
  • Dining Room: Fourth Floor, 9X9
  • No Living Levels: 1

Exterior Features

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

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Common
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air, Unit Control
  • Heating: Forced Air
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Summit Terrace Condominiums
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Security, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal
  • Association Security: Intercom
  • Management: Professional - Off Site
  • No Units: 66
  • Optional Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Unit Building: 404

Fee Information

  • Fee Interval: Monthly

Schools

  • High School: Reading

Lot Info

  • Zoning: Resd.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Dupuis Michael
Bought by
404 Summit Drive T
Current Estimated Value
$462,686

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 28, 2016
Sold by
Roberts Frank J and Roberts Diana
Bought by
Dupuis Michael and Dupuis Martha
Seller's Agent
Diana Roberts
Boardwalk Real Estate
Buyer's Agent
Peter Skambas
Compass
List Price
$259,000
Sold Price
$265,000
Premium/Discount to List
$6,000
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Listed on
Sep 15, 2014
Closed on
Apr 15, 2015
Sold by
Valdario Louise A Est
Bought by
Roberts Frank J and Roberts Diane
Seller's Agent
Michael Barrett
Barrett, Chris. J., REALTORS®
Buyer's Agent
Diana Roberts
Boardwalk Real Estate
List Price
$275,000
Sold Price
$237,000
Premium/Discount to List
-$38,000
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$87,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
404 Summit Drive T -- --
Dupuis Michael $265,000 --
Roberts Frank J $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Frank J $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $265,000 +2.3% $255 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $259,000 +9.3% $249 / Sq Ft
04/15/2015 04/15/15 Sold $237,000 0.0% $228 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
02/18/2015 02/18/15 Off Market $237,000 -- --
12/03/2014 12/03/14 Price Changed $249,900 -9.1% $240 / Sq Ft
09/15/2014 09/15/14 For Sale $275,000 -- $264 / 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 $4,946 $434,200 $0 $434,200
2024 $4,346 $370,800 $0 $370,800
2023 $4,609 $366,100 $0 $366,100
2022 $4,380 $328,600 $0 $328,600
2021 $4,415 $319,700 $0 $319,700
2020 $4,290 $307,500 $0 $307,500
2019 $4,097 $287,900 $0 $287,900
2018 $3,316 $239,100 $0 $239,100
2017 $3,050 $217,400 $0 $217,400
2016 $3,160 $217,900 $0 $217,900
2015 $2,966 $201,800 $0 $201,800
2014 $2,703 $183,400 $0 $183,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72055768

MLS Property Information Network (MLS PIN)

APN: READ-000008-000740-000103