Active
62 Days on market
4 Summit Drive #504 Reading — Photo 1 of 30

4 Summit Drive #504 Reading — Photo 1 of 30

Recent Drop: $20,000

$469,900
$449,900

$449,900

20% down, 6.5% rate, 30-year fixed

Includes taxes, insurance and HOA. Estimate only.

Listing updated Oct 6, 2026

4 Summit Drive #504, Reading, MA 01867

Reading, MA 01867

Investor Analysis

Beds

2

Baths

2

SqFt

1,040

$/SqFt

$433

Style

Condominium

Built

1985

Ideally located offering extreme convenience to major routes, yet tucked away in a serene setting, this 5th floor condo will have you "movin' on up to the WEST side!" Beautifully maintained, this spacious unit offers a comfortable open concept, lots of light, and a lovely balcony off of the living area. The kitchen is ultra stylish in its European inspired finishes, high quality stainless appliances and functionality. With two spacious bedrooms and two baths, including a comfortable ensuite primary with a walk-in closet, there is plenty of room for family, guests, or a home office. This property includes all of the features you hope to find in a carefree setting...IN UNIT laundry, private outdoor space, GARAGE parking, EXTRA storage, and NO age restriction. Whether you are a downsizer, first timer, or savvy investor looking for a rental opportunity, this property fits the bill. Shown by appointment only, be sure to put this on the top of your MUST SEE list. A wonderful opportunity at an affordable price!

Key facts

It was listed on September 10, 2026. The price has come down from an original $469,900 to $449,900, most recently on October 2, 2026. The annual property taxes are $5,016 (2026 tax year). The condo fee is $752 per month, which includes water. Its asking price works out to $433 per square foot, 9% below the median of $477 among 11 condos listed in Reading, MA.

How it compares

Against 11 condos listed in Reading, MA, by asking price.

Price per sq ft
$433 · 9% below the median ($477)
Size
1,040 sq ft · 31% below the median (1,500 sq ft)
Asking price
$449,900 · 40% below the median ($745,000)

Compares asking prices of homes for sale now; it isn't an appraisal or an estimate of this home's value.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$433/sqft
Local Avg (Reading)$461/sqft
6% BelowMarket Average

* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Reading, MA.

Property Details

Financials

Original Price$469,900
Annual Taxes$5,016
HOA Fee$752/mo

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces--
FlooringTile, Carpet, Flooring - Stone/Ceramic Tile
BasementN

Climate & Utilities

HeatingHeat Pump
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningCondo

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Unknown
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2

Living Room

Lvl null

16 x 14

Flooring - Wall to Wall Carpet, Balcony - Exterior, Exterior Access, Open Floorplan, Recessed Lighting

Dining Room

Lvl null

9.6 x 10

Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting

Kitchen

Lvl null

8.6 x 8

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances

Primary Bedroom

Lvl null

12 x 17

Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2

Lvl null

15 x 13.9

Bathroom 1

Lvl null

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead

Bathroom 2

Lvl null

Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead

Property History

  1. Price Drop

    $449,900

    Was $469,900

    Oct 2, 2026

    MLS® 73575246

  2. Listed

    $469,900

    Sep 10, 2026

    MLS® 73575246

Questions about this home

When was 4 Summit Drive #504, Reading listed?

4 Summit Drive #504, Reading was listed on September 10, 2026.

Has the price of 4 Summit Drive #504, Reading changed?

The price has come down from an original $469,900 to $449,900, most recently on October 2, 2026.

What are the property taxes for 4 Summit Drive #504, Reading?

The annual property taxes for 4 Summit Drive #504, Reading are $5,016 (2026 tax year).

What is the condo fee at 4 Summit Drive #504, Reading?

The condo fee is $752 per month, which includes water.

How does the price per square foot of 4 Summit Drive #504, Reading compare with other condos in Reading, MA?

4 Summit Drive #504, Reading is listed at $433 per square foot, 9% below the median of $477 among 11 condos listed in Reading, MA.

What is the status of 4 Summit Drive #504, Reading?

4 Summit Drive #504, Reading is actively listed for sale.

Population

25,612

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$166K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

17.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,876 housing units permitted in the last 12 months (+15% vs the prior 12 months) — 1,887 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Aug '26)

Listing Provided By

Listing Agent: Rick Nazzaro

Listing Office: Colonial Manor Realty

MLS® Number: 73575246