1 Summit Drive # 52, Reading MA 01867

Reading, MA 01867
$367,000
Est. $1,953/month
1
Beds
1
Baths
830
Sq Ft
$442
Price/Sq Ft
1970
Year Built
Condominium
Type
1
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73174191

About this home

This is it! The RARE opportunity to become the next happy home owner of a beautiful and updated single bedroom condo under $400K! The modern kitchen feels spacious and bright. It offers updated cabinets, counters and appliances with plenty of storage and prep space. This space has been opened into the oversized living room that enjoys a wall of sliding glass doors that let the sun pour in. The bedroom has a HUGE walk in closet with custom storage. This 5th floor unit has a fabulous spot in the development. You'll love looking out into the tree tops from your oversized deck. Sought after, well managed condominium that allows cats - condo fee includes heat and hot water! The building itself offers easy parking for residents & guests, welcoming foyer with elevator, big laundry room plus bonus storage. There are no open houses allowed per the management company, to view this condo you'll need to schedule a private showing. Showings are easy to book and begin Thursday, don't miss it

Sale Statistics

Sale Overview
Original List Price: $369,000
Final Sale Price: $367,000
Difference: $2,000 (-0.5%)
Performance Metrics
99.5%
List to Sale Ratio
Sold below asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $445
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 0.5% below the original asking price.

With only 1 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
830 sq ft
Total Rooms
3
Stories
1
Entry Level
5

Interior Features

Flooring
Wood, Tile, Carpet
Heating
Forced Air, Unit Control
Has Heating
Yes
Cooling
Central Air, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Internet Available - Unknown
Laundry Features
In Basement, Common Area, In Building
Basement Details
N
Accessibility Features
Accessible Entrance

Exterior & Structure

Roof
Rubber
Exterior Features
Balcony
Has Spa
No
Pool Features
Association, In Ground
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Parking Features
Off Street, Common

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
HOA Fee
$356
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,082
Tax Year
2023
Tax Assessed Value
$324,200
Parcel Number
M:008.007360090.0
Zoning
A80

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Building Name
Summit Towers Condominium
Common Walls
2+ Common Walls
Disclosures
Common parking, owners have permits, with guest passes
Exclusions
See Inclusion/Exclusion Form Under Mls Paperclip.

Location

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Neighborhood

1 Summit Drive # 52, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $340
Homeowners Insurance $200
HOA Fee $356
PMI $0

Property History

Market Insights

12.6%
Price Range
2
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73219248
Full transaction history available when tracking began
🏷️
Previously Sold
May 16, 2024
$420,000
MLS #73219248
Sold
Nov 14, 2023
$367,000
Property sold
Days on Market: 2
🏠
Listed for Sale
Oct 25, 2023
$369,000
Original listing
Agent: The Lisa Sevajian Group Office: Compass

Price & Status History

Date Event Price Change
May 16, 2024 Sold $420,000
Oct 25, 2023 New Listing Added $369,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2023 $4,082 $324,200

Financial Details

Annual Property Tax
$4,082
Tax Year 2023
HOA Fee
$356
Monthly
Assessed Value
$324,200

Listing Information

Listing Agent The Lisa Sevajian Group
Listing Office Compass
Agent MLS ID TM333680
Office MLS ID AN7000

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