514 Gazebo Circle # 514, Reading MA 01867

Reading, MA 01867
$525,000
2
Beds
2
Baths
1,143
Sq Ft
$459
Price/Sq Ft
1996
Year Built
2
Parking
18
Days on Market
Sold Listed Jul 17, 2025 • MLS# 73406027 Copied! • Updated Sep 3, 2025

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Sale Statistics

Sale Overview
Original List Price: $539,900
Final Sale Price: $525,000
Difference: $14,900 (-2.8%)
Performance Metrics
97.2%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $472
Sale $/sq ft: $459
This property sold for $459 per square foot
Sale Summary

This property sold for 2.8% below the original asking price.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$459/sq ft
Area Median
$473/sq ft
Difference
3.1%

This property sold near the area median for similar homes.

About this home

Price Improvement! Now offered at $499,900. Welcome to sought-after Summit Village in Reading! This well-maintained 2-bed, 2-bath condo is quietly tucked away within the community and offers a functional layout designed for modern living. The spacious primary suite features a walk-in closet, private bath, and slider to your serene patio and grassy backyard—perfect for morning coffee or curling up with a good book. A second bedroom offers flexibility for guests, a home office, or hobbies. Highlights include in-unit laundry, a cozy gas fireplace, generous storage, and two deeded parking spaces. All just minutes from I-95, I-93, and the commuter rail—a perfect blend of comfort, convenience, and location.

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Recently Sold Nearby

Property History

Market Insights

41.5%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

✓
Sold
Sep 3, 2025
$525,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jul 17, 2025
$499,900
Original listing
Agent: Lisa Santilli Office: Classified Realty Group
Previous Transaction - MLS #70287957
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 27, 2006
$307,000
MLS #70287957

Tax History

Year Taxes Assessment
2025 $5,652 $496,200

Financial Details

Annual Property Tax
$5,652
Tax Year 2025
HOA Fee
$390
Monthly
Assessed Value
$496,200

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1996
Living Area 1,143 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Main Level, First Floor, In Unit, Gas Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Patio, Covered
Features Deeded, Assigned
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer
Annual Tax $5,652
Assessed Value $496,200

HOA & Community

HOA Fee $390 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building 514
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1996
Bedrooms
2
Full Bathrooms
2
Living Area
1,143 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Main Level, First Floor, In Unit, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 1996
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Covered Patio/Deck
Patio & Porch: Patio, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Deeded, Assigned

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities:
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

3 schools
B+
Walton School
0.7 mi | #300 of 825 | Score: 50.8
Improved 124 spots from last year
-7.4 below state avg
221 students Less Diverse
Rising School Strong Attendance
Grades K-04
A+
Joshua Eaton School
0.8 mi | #83 of 825 | Score: 60.1
Improved 44 spots from last year
+1.9 above state avg
401 students Moderate
Rising School Strong Attendance
Grades K-05
A-
Robin Hood School
1.1 mi | #242 of 825 | Score: 52.7
Improved 200 spots from last year
-5.5 below state avg
362 students Moderate
Rising School Strong Attendance
Grades K-04
M

Middle Schools

3 schools
A
Walter S Parker Middle School
1.4 mi | #63 of 352 | Score: 54.6
Dropped 27 spots from last year
-3.6 below state avg
533 students Moderate
Strong Attendance
Grades 06-08
A-
Galvin Middle School
1.5 mi | #80 of 352 | Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 students Moderate
Strong Attendance
Grades 05-08
B+
Stoneham Central Middle School
1.6 mi | #129 of 352 | Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

3 schools
Nazareth Academy
1.5 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.5 mi
Grades 09-12
A
Reading Memorial High School
2.0 mi | #63 of 346 | Score: 65.6
Dropped 3 spots from last year
+7.4 above state avg
1,066 students Moderate
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

514 Gazebo Circle # 514, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Lisa Santilli
Listing Office Classified Realty Group
Office Phone 978-664-0075
Agent MLS ID B8000051
Office MLS ID B95141
Listing Data Updated Sep 3, 2025 4:16 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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Steve Novak Real Estate
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