NOT LISTED FOR SALE

601 Gazebo Cir Reading, MA 01867

Estimated Value: $554,000 - $582,000

2 Beds
2 Baths
1,143 Sq Ft
1998 Built

Last Sold February 19, 2014

Last sale price $332,000 $290 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,380/month

166 Days on Market

About This Home

As of February 2014

Beautiful open concept garden style end unit condo in sought after Summit Village. Tigerwood hardwood floors, central air, 10ft ceilings, wood burning fireplaced living room, dining room, kitchen with cherry cabinets and granite countertops, master bedroom with full bath and walk in closet. In unit laundry, 2 car deeded assigned parking. Great location close to shopping, dining, train, and routes 128/93. Nothing to do but move in!

Last Agent to Sell the Property

Jason Saphire

Saphire Hospitality, Inc. Listed on: 08/16/2013

Last Buyer's Agent

Nikki Peters

Nikki Peters Real Estate

Property Details

Home Type

Condominium

Year Built

1998

Lot Details

0 Sq Ft Lot

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Highway Access, T-Station
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Hardwood
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: 11X13
  • Kitchen: 11X11
  • Living Room: 16X15
  • Master Bedroom: 15X12
  • Master Bedroom Description: Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Dining Room: 10X11

Exterior Features

  • Construction: Frame
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking: Off-Street, Assigned, Deeded
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Condominium Name: Summit Village
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 132
  • Unit Building: 601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Feb 20, 2014
Sold by
Berman Andrew D
Bought by
Barker Craig A
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Nikki Peters
Nikki Peters Real Estate
List Price
$340,000
Sold Price
$332,000
Premium/Discount to List
-$8,000
-2.35%
Current Estimated Value
$566,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,494
Avg. Annual Appreciation
4.53%
Original Mortgage
$249,600
Outstanding Balance
$187,555
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$378,939

Purchase Details

Listed on
Jun 22, 2012
Closed on
Oct 22, 2012
Sold by
Stetson Melanie
Bought by
Berman Andrew D
Seller's Agent
Lauretta Raffi
Boardwalk Real Estate
Buyer's Agent
Rick Lombardi
Keller Williams Realty Evolution
List Price
$310,000
Sold Price
$287,500
Premium/Discount to List
-$22,500
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$273,125
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2008
Sold by
Azer Phillip
Bought by
Knowles Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2004
Sold by
Murphy Andrew and Murphy Kim
Bought by
Azer Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Alibrandi Jill M
Bought by
Diemer Christopher S and Diemer Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,900
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1998
Sold by
Reading Bear Hill Lp
Bought by
Alibrandi Jill M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barker Craig A $332,000 --
Berman Andrew D $287,500 --
Knowles Melanie $290,000 --
Azer Phillip $307,000 --
Diemer Christopher S $221,000 --
Alibrandi Jill M $161,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Craig A $249,600
Previous Owner Berman Andrew D $273,125
Previous Owner Alibrandi Jill M $229,000
Previous Owner Knowles Melanie $232,000
Previous Owner Azer Phillip $245,000
Previous Owner Alibrandi Jill M $40,800
Previous Owner Alibrandi Jill M $198,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2014 02/19/14 Sold $332,000 -0.9% $290 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
12/28/2013 12/28/13 Price Changed $335,000 -0.7% $293 / Sq Ft
11/10/2013 11/10/13 Price Changed $337,500 -0.7% $295 / Sq Ft
08/16/2013 08/16/13 For Sale $340,000 +18.3% $297 / Sq Ft
10/22/2012 10/22/12 Sold $287,500 -0.9% $252 / Sq Ft View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
08/04/2012 08/04/12 Price Changed $289,990 -3.3% $254 / Sq Ft
07/02/2012 07/02/12 Price Changed $299,900 +1.4% $262 / Sq Ft
07/01/2012 07/01/12 Price Changed $295,900 -4.5% $259 / Sq Ft
06/22/2012 06/22/12 For Sale $310,000 -- $271 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,652 $496,200 $0 $496,200
2024 $5,628 $480,200 $0 $480,200
2023 $5,640 $448,000 $0 $448,000
2022 $5,365 $402,500 $0 $402,500
2021 $5,259 $380,800 $0 $380,800
2020 $5,312 $380,800 $0 $380,800
2019 $5,143 $361,400 $0 $361,400
2018 $4,547 $327,800 $0 $327,800
2017 $4,487 $319,800 $0 $319,800
2016 $4,238 $292,300 $0 $292,300
2015 $4,092 $278,400 $0 $278,400
2014 $4,104 $278,400 $0 $278,400
Source: Public Records

Agents Affiliated with this Home

  • Jason Saphire

    Seller's Agent in 2014

    Jason Saphire

    Saphire Hospitality, Inc.

    (877) 249-5478

    2 in this area

    2,119 Total Sales

    Jason Saphire
    Section Image

  • N

    Buyer's Agent in 2014

    Nikki Peters

    Nikki Peters Real Estate

    Section Image

  • L

    Seller's Agent in 2012

    Lauretta Raffi

    Boardwalk Real Estate

    Section Image

  • R

    Buyer's Agent in 2012

    Rick Lombardi

    Keller Williams Realty Evolution

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71570932

MLS Property Information Network (MLS PIN)

APN: READ-000008-000765-000087

Massachusetts Middlesex County Reading 01867

601 Gazebo Cir, Reading, MA

Not Listed for Sale

Condos

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