$237,000
SOLD APR 15, 2015

4 Summit Dr Unit 404 Reading, MA 01867

2 Beds
2 Baths
1,040 Sq Ft
1985 Built

Recently Sold

$228 Per Sq Ft

14% Below List Price

173 Days on Market

About This Home

As of September 2016

4th floor unit at Summit Terrace. A hard to find, spacious garden style unit with elevator and garage under parking. This property features in unit laundry, master bedroom with master bath, great balcony and garage parking. Condo fee does INCLUDE gas for the heat. Unit owner responsible for unit. Additional storage. Come see it. Close to the major routes

Last Agent to Sell the Property

Michael Barrett

Barrett, Chris. J., REALTORS® Listed on: 09/15/2014

Last Buyer's Agent

Diana Roberts

Boardwalk Real Estate License #448500568

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,946

Year Built

1985

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Highway Access, Public School, T-Station
  • Flooring: Wall to Wall Carpet
  • Interior Amenities: Intercom
  • Bedroom 2: Fourth Floor, 13X11
  • Kitchen: Fourth Floor, 8X8
  • Living Room: Fourth Floor, 16X14
  • Master Bedroom: Fourth Floor, 17X11
  • Master Bedroom Description: Bathroom - 3/4, Closet, Flooring - Wall to Wall Carpet
  • Dining Room: Fourth Floor, 9X9

Exterior Features

  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Guest, Common, Off-Street
  • Parking Spaces: 1

Utilities

  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Condominium Name: Summit Terrace
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Professional - Off Site
  • No Units: 66
  • Unit Building: 404

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
$460,697

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
6.04%

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 Type Sale Price Title Company
Condominium Deed -- --
Not Resolvable $265,000 --
Fiduciary Deed $237,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $87,000 New Conventional
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: 71743316

MLS Property Information Network (MLS PIN)

APN: READ-000008-000740-000103