$337,500
SOLD OCT 22, 2025

4 Summit Dr Unit 413 Reading, MA 01867

1 Bed
1 Bath
683 Sq Ft
$533/mo HOA Fee

Recently Sold

$494 Per Sq Ft

13% Below List Price

60 Days on Market

Highlights

  • Medical Services
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Joshua Eaton Elementary School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of October 2025

Welcome to this bright, spacious one bedroom condominium at Summit Terrace. This neat and efficient unit has an open floor plan, making it feel larger than its square footage. Situated on the 4th floor you can enjoy a nice view of the woods from your private balcony. The in-unit laundry and an elevator to a parking space is an added bonus to this condo! A personal storage space is located on level G. Just minutes from major highways, Reading's growing downtown and the commuter rail make this a desirable and sought after location.

Last Agent to Sell the Property

Mary Ann Quinn

Wilson Wolfe Real Estate Listed on: 08/07/2025

Last Buyer's Agent

Paula Fico

FICO Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1985

HOA Fees

  • $533 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
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 683 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Insulated Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Call Supt. Elementary School
  • Call Supt Middle School
  • RMHS High School

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • Hot Water Heating System

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Thermostat
  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Legal Lot and Block 103 / 745

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 66 Units
  • Mid-Rise Condominium
  • Summit Terrace Condominium Community
  • Near Conservation Area
  • 6-Story Property

Amenities

  • Medical Services
  • Shops
  • Elevator

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,600

Year Built

Built in 1985

Lot Details

0

HOA Fees

$533 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1985
  • Entry Level: 4
  • Year Built Details: Approximate
  • Year Round: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Laminate
  • Interior Amenities: Dining Area, Open Floorplan, Living/Dining Rm Combo, Elevator
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Laminate
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Basement: N
  • Above Grade Finished Sq Ft: 683
  • Accessibility Features: Accessible Entrance
  • Living Area: 683
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: B61601
  • MAIN SO: AN1233
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Balcony - Exterior, Balcony
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, Storage, Deeded, Off Street, Common, Guest, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s)
  • Association Fee: 533
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Zoning: A40
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3600
  • Tax Block: 745
  • Tax Lot: 103

Multi Family

  • Number Of Units Total: 66
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: Call Supt.
  • Middle Or Junior School: Call Supt,

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Oct 21, 2025
Sold by
Connolly Caroline J
Bought by
Kostopoulos Stephen J
Seller's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
Buyer's Agent
Paula Fico
FICO Realty Group
List Price
$389,900
Sold Price
$337,500
Premium/Discount to List
-$52,400
-13.44%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
714.47%

Purchase Details

Closed on
Jan 15, 2004
Sold by
Weingart Pamela B
Bought by
Connolly Caroline J and Connolly Francis A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed $337,500 --
Deed $199,900 --
Deed $199,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Sold $337,500 -3.5% $494 / Sq Ft
10/06/2025 10/06/25 Pending -- -- --
09/25/2025 09/25/25 Price Changed $349,900 -5.4% $512 / Sq Ft
08/29/2025 08/29/25 Price Changed $369,900 -2.6% $542 / Sq Ft
08/12/2025 08/12/25 Price Changed $379,900 -2.6% $556 / Sq Ft
08/07/2025 08/07/25 For Sale $389,900 -- $571 / 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 $3,600 $316,100 $0 $316,100
2024 $3,164 $270,000 $0 $270,000
2023 $3,356 $266,600 $0 $266,600
2022 $3,189 $239,200 $0 $239,200
2021 $3,214 $232,700 $0 $232,700
2020 $3,123 $223,900 $0 $223,900
2019 $2,983 $209,600 $0 $209,600
2018 $2,415 $174,100 $0 $174,100
2017 $2,221 $158,300 $0 $158,300
2016 $2,300 $158,600 $0 $158,600
2015 $2,159 $146,900 $0 $146,900
2014 $1,968 $133,500 $0 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73415072

MLS Property Information Network (MLS PIN)

APN: READ-000008-000745-000103