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1 Summit Drive # 34, Reading MA 01867

Reading, MA 01867
$290,000
Est. $2,333/month
1
Beds
1
Baths
818
Sq Ft
$355
Price/Sq Ft
1970
Year Built
4
Days on Market
Closed Listed Nov 25, 2022 • MLS# 73060722 Copied!

About this home

Incredible opportunity for maintenance free living awaits at Summit Towers Condominiums! Own your own home or a great investment! Move right in and enjoy your bright and sunny freshly painted living/dining room boasting slider access to your huge private balcony, perfect for that morning cup of coffee! Cabinet packed kitchen offers newer stainless steel appliances. A spacious bedroom has plush wall to wall carpeting and a huge walk in closet. Plenty of storage! Full bath with tile flooring completes the unit. HOA includes heat and hot water!!! Convenient coin-operated laundry in the basement of the building too! Plenty of parking! Easy commuter access to Routes 128 & 93! Close proximity to downtown Reading featuring commuter rail access, restaurants and shopping!

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Public Records

Current Owner

Owner KIM MOON S TRUSTEE ETAL
Mailing Address 10 CARDINAL LN, ANDOVER, MA, 01810-5802

Land Use

Use Code 102
Description Condominium
Zoning A
Style CONDO-GRDN

Tax Information

Assessed Value $460,400
Tax Rate $12.38 per $1,000
Base Tax $5,700
CPA Surcharge 1.5% ($67)
Estimated Annual Tax $5,767

Assessment History

Year Land Building Total Change
FY2026 $0 $460,400 $460,400

Sale History

Date Price Book/Page
Dec 30, 2025 $1 85070/459
Oct 20, 2025 $455,000 84755/128
Sep 16, 2025 $10 84615/53
Sep 11, 2025 $1 84597/285
Aug 15, 2025 $420,000 84500/380
Aug 14, 2025 $460,000 84489/24
May 28, 2025 $420,000 84141/334
May 5, 2025 $430,000 84052/430
Jan 23, 2025 $1 83707/321
Jan 9, 2025 $1 83662/284
Dec 18, 2024 $385,000 83598/333
Dec 16, 2024 $10 83587/45
Dec 12, 2024 $250,000 83577/243
Nov 7, 2024 $1 83449/117
Aug 23, 2024 $440,000 83163/596
Jun 3, 2024 $1 82839/113
May 16, 2024 $420,000 82776/350
Apr 11, 2024 $1 82658/226
Feb 29, 2024 $460,000 82524/179
Feb 13, 2024 $370,000 82480/20
Jan 24, 2024 $1 82422/471
Jan 2, 2024 $100 82362/386
Dec 4, 2023 $395,000 82275/299
Nov 6, 2023 $360,000 82183/91
Sep 21, 2023 $367,500 82020/348
Sep 12, 2023 $1 81985/476
Aug 11, 2023 $1 81879/57
Jun 28, 2023 $450,000 81710/557
Apr 27, 2023 $440,000 81470/68
Apr 14, 2023 $432,000 81431/550
Mar 27, 2023 $1 81363/352
Mar 10, 2023 $1 81318/368
Dec 16, 2022 $290,000 81071/583
Nov 30, 2022 $402,000 81002/265
Oct 24, 2022 $315,000 80861/491
Jun 30, 2022 $389,000 80366/289
May 19, 2022 $410,000 80150/362
May 19, 2022 $397,500 80151/357
Apr 29, 2022 $380,000 80053/392
Apr 22, 2022 $1 80017/54
Dec 17, 2021 $365,000 79373/497
Nov 12, 2021 $400,000 79123/314
Oct 19, 2021 $1 78939/94
Oct 6, 2021 $350,000 78860/110
Sep 9, 2021 $345,000 78662/149
Jun 28, 2021 $100 78113/362
Dec 23, 2020 $100 76509/393
Dec 15, 2020 $1 76424/360
Nov 23, 2020 $371,900 76247/41
Nov 2, 2020 $370,000 76054/393
Sep 11, 2020 $330,000 75594/344
Jul 1, 2020 $296,000 75028/173
Jun 5, 2020 $100 74831/47
Apr 24, 2020 $350,000 74533/269
Mar 31, 2020 $325,000 74389/280
Mar 19, 2020 $1 74312/200
Dec 31, 2019 $1 73930/400
Sep 26, 2019 $347,000 73350/566
Sep 13, 2019 $250,000 73279/290
Jul 18, 2019 $285,000 72949/70
Mar 29, 2019 $365,000 72398/65
Mar 11, 2019 $1 72317/389
Nov 23, 2018 $1 71920/262
Oct 19, 2018 $285,000 71765/372
Sep 28, 2018 $273,000 71687/247
Jul 31, 2018 $257,900 71402/587
Jul 18, 2018 $1 71333/587
Jun 1, 2018 $255,000 71096/232
Jan 25, 2018 $342,500 70554/121
Sep 21, 2017 $250,000 69966/394
Jul 18, 2017 $240,000 69620/174
Jun 9, 2017 $1 69406/211
Jan 17, 2017 $225,000 68769/9
Dec 23, 2016 $220,000 68651/404
Aug 15, 2016 $307,000 67808/337
Feb 1, 2016 $273,000 66750/438
Jan 28, 2016 $280,000 66736/373
Jan 15, 2016 $195,000 66682/1
Sep 11, 2015 $274,000 66061/542
Sep 10, 2015 $190,100 66056/207
Feb 27, 2015 $165,000 64973/235
Feb 24, 2015 $213,000 64952/450
Dec 19, 2014 $275,000 64683/433
Nov 14, 2014 $235,000 64513/546
Sep 10, 2014 $1 64208/517
Aug 27, 2014 $269,000 64143/156
May 5, 2014 $247,900 63574/101
Apr 18, 2014 $263,000 63509/335
Apr 17, 2014 $1 63502/215
Jan 31, 2014 $175,000 63234/587
Dec 4, 2013 $210,000 63018/306
Dec 2, 2013 $205,000 63005/101
May 13, 2013 $205,000 61786/232
Mar 28, 2013 $175,000 61493/81
Jan 11, 2013 $165,000 60955/526
Dec 28, 2012 $1 60850/98
Oct 11, 2012 $215,000 60223/215
Jun 28, 2012 $211,500 59405/81
Dec 2, 2011 $210,000 58003/259
Sep 26, 2011 $234,000 57511/435
Aug 26, 2011 $10 57351/123
Jul 12, 2011 $10 57124/310
Apr 29, 2011 $207,558 56799/521
May 6, 2010 $255,000 54648/570
Mar 8, 2010 $160,000 54378/106
Jan 29, 2010 $200,000 54233/63
Jan 15, 2010 $155,000 54160/400
Nov 25, 2009 $1 53908/390
Oct 14, 2009 $165,000 53671/238
Jul 3, 2009 $155,000 53139/117
Jun 16, 2008 $177,500 51313/0589
Mar 24, 2008 $1 50921/0063
Jan 31, 2008 $235,000 50661/0354
Oct 18, 2007 $1 50241/0205
Sep 5, 2007 $200,000 50059/0485
Jul 31, 2007 $250,000 49867/0290
Jun 7, 2006 $115,000 47585/0597
Oct 21, 2005 $215,900 46319/0582
Apr 19, 2005 $285,000 45014/0097
Apr 8, 2005 $208,000 44966/0355
Mar 30, 2005 $228,600 44898/0385
Mar 28, 2005 $155,000 44884/0509
Mar 23, 2005 $1 44857/0412
Jan 11, 2005 $10 44460/0483
Dec 8, 2004 $219,000 44260/0320
Sep 27, 2004 $283,500 43784/0150
Jul 2, 2004 $259,900 43219/0215
Jul 2, 2004 $210,000 43211/0593
Jun 10, 2004 $279,900 43020/0041
Jan 29, 2004 $1 41903/0063
Dec 29, 2003 $248,000 41692/0582
May 21, 2003 $190,000 39271/0218
Jan 14, 2003 $265,000 37675/0566
Jul 29, 2002 $245,000 36004/0221
May 31, 2002 $215,000 35585/0126
Apr 23, 2001 $123,000 32721/0261
Apr 8, 2001 $214,000 32671/0527
Dec 20, 2000 $1 32160/0115
Jun 18, 1999 $119,000 30308/0597
Jan 28, 1999 $59,000 29719/0585
Jul 1, 1998 $133,900 28789/0586
Sep 6, 1996 $105,000 26649/0185
Mar 12, 1996 $110,000 26127/0277
Jan 26, 1996 $120,000 25999/0493
Apr 16, 1992 $112,000 21949/0060
Sep 16, 1991 $103,000 21417/0218
Mar 21, 1989 $114,000 19710/0382
Apr 15, 1988 $135,000 18988/0236
Mar 15, 1988 $118,000 18922/0368
Oct 5, 1987 $116,000 18592/0279
Jan 29, 1986 $1 16740/0453
Jul 21, 1981 $300 14357/0244
Jul 10, 1981 $451 14346/0394
Mar 12, 1981 $594 14234/0380
Nov 21, 1980 $1 14142/0285

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (58.0% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
818 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $295,000
Final Sale Price: $290,000
Difference: $5,000 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $361
Sale $/sq ft: $355
This property sold for $355 per square foot
Sale Summary

This property sold for 1.7% below the original asking price.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$355/sq ft
Area Average
$237/sq ft
Difference
+49.7%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 818 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric, Fan Coil
Cooling Central Air, Fan Coil
Flooring Tile, Vinyl, Carpet, Wood Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Common
Total Spaces 1

Utilities

Electric Circuit Breakers, 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,730
Assessed Value $279,800

Interior Features

Flooring: Tile, Vinyl, Carpet, Wood Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric, Fan Coil
Heating Zones: 1
Cooling: Central Air, Fan Coil
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Common

Location

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Neighborhood

1 Summit Drive # 34, 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

3 schools
B+
Walton School
0.6 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
A
Joshua Eaton School
0.9 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
St. Joseph Elementary School
1.1 mi
Grades PK-08
M

Middle Schools

3 schools
A-
Galvin Middle School
1.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
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
B+
Stoneham Central Middle School
1.6 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

2 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.5 mi
Grades 09-12
Learn about these ratings

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 $311
Homeowners Insurance $200
HOA Fee $356/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

25.4%
Price Range
5
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Dec 16, 2022
$290,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Nov 25, 2022
$295,000
Original listing
Agent: Maryellen Russo Office: Lamacchia Realty, Inc.
Previous Transaction - MLS #72081920
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 14, 2016
$220,000
MLS #72081920

Price & Status History

Date Event Price Change
Nov 25, 2022 New Listing Added $295,000
Dec 14, 2016 Sold $220,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$355

Tax History

Year Taxes Assessment
2022 $3,730 $279,800

Financial Details

Annual Property Tax
$3,730
Tax Year 2022
HOA Fee
$356
Monthly
Assessed Value
$279,800

Listing Information

Listing Agent Maryellen Russo
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN212921
Office MLS ID AN5825
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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