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506 Gazebo Circle # 506, Reading MA 01867

Reading, MA 01867
$585,000
Est. $4,040/month
2
Beds
1.5
Baths
1,178
Sq Ft
$497
Price/Sq Ft
1996
Year Built
11
Days on Market
Closed Listed Sep 12, 2024 • MLS# 73289418 Copied!

About this home

Discover the perfect blend of comfort and convenience in this stunning 2-level, 2 private balconies,1-car garage townhouse nestled in Summit Village! It offers 2 bedrooms, with the main bedroom featuring a private balcony and a large walk-in closet, and 1.5 bathrooms, hardwood floor throughout. The home boasts an open floor plan living area with a fireplace, a box window providing abundant natural light, and a dining area that leads to a balcony through a sliding door. The kitchen includes granite countertops, stainless steel appliances, and a vent hood, plus a washer and dryer in the unit. The full-size garage is located underneath the unit and has a separate entrance, with an additional off-street parking spot in the driveway. Recent updates include a new hot water heater, new HVAC system, new bathrooms, and a new sliding door. This professionally managed and meticulously maintained community offers easy access to major highways, commuter rails. OH this Saturday and Sunday 12-2:30pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1996
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,178 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $579,900
Final Sale Price: $585,000
Difference: +$5,100 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $492
Sale $/sq ft: $497
This property sold for $497 per square foot
Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$497/sq ft
Area Average
$512/sq ft
Difference
2.8%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1996
Living Area 1,178 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,674
Assessed Value $484,100

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 1996
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Golf, Highway Access, Public School

Location

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Neighborhood

506 Gazebo Circle # 506, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School District
Reading School District local
A
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

6 schools
A
Joshua Eaton School
0.8 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
1.7 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.0 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.2 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.3 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.2 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
1.4 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
2.2 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
2.2 mi
Grades 06-12
A
Reading Memorial High School
2.0 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $473
Homeowners Insurance $200
HOA Fee $409/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.2%
Price Range
12
Total Days on Market

Property Timeline

Current Active Listing - MLS #73508154
Full transaction history available when tracking began
🏡
Currently Listed
Apr 28, 2026
$599,000
MLS #73508154 - Active
Sold
Oct 25, 2024
$585,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Sep 12, 2024
$579,900
Original listing
Agent: Wei Wang Office: WW Real Estate LLC

Price & Status History

Date Event Price Change
Apr 28, 2026 Sold $599,000
Sep 12, 2024 New Listing Added $579,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$497

Tax History

Year Taxes Assessment
2024 $5,674 $484,100

Financial Details

Annual Property Tax
$5,674
Tax Year 2024
HOA Fee
$409
Per month
Assessed Value
$484,100

Listing Information

Listing Agent Wei Wang
Listing Office WW Real Estate LLC
Agent MLS ID BB809459
Office MLS ID AN8595
Listing Data Updated Nov 1, 2024 4:36 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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BMN Boston Real Estate

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