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2 Summit Dr. # 34, Reading MA 01867

Reading, MA 01867
$275,000
Est. $2,204/month
1
Beds
1
Baths
816
Sq Ft
$337
Price/Sq Ft
1970
Year Built
16
Days on Market
Closed Listed Mar 18, 2021 • MLS# 72800041 Copied!

About this home

If you like your sun in the morning, you will love this very large 1 bedroom unit! Many updates have been done to this unit including newer kitchen countertops, bathfitter tub, vanity top and laminate flooring throughout. New thermopane window in the bedroom. Many unseen plumbing upgrades as well! The fully applianced, eat-in kitchen with crown molding has a large pantry and plenty of cabinet space. You will NOT want for closet space with a broom closet, large linen closet AND a California 'style' walk-in closet in the bedroom!. Size and layout of this unit allow for an uncrowded feeling if you add a dining area in the spacious living room or a desk area in the bedroom. Summit Towers offers plenty of parking, a low condo fee that INCLUDES HEAT and A/C, on-site laundry, elevator and in-ground pool. Open Houses are NOT allowed. Masks for all and limited numbers of people, please!

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $272,500
Final Sale Price: $275,000
Difference: +$2,500 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $334
Sale $/sq ft: $337
This property sold for $337 per square foot
Sale Summary

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

With only 16 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
$337/sq ft
Area Average
$237/sq ft
Difference
+42.1%

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 816 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

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

Exterior

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

Parking

Features Off Street, Common
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,617
Assessed Value $261,900

Interior Features

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

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1981
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Fan Coil
Heating Zones: 1
Cooling: Central Air, Fan Coil
Cooling Zones: 1
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: 2
Parking Features: Off Street, Common

Location

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Neighborhood

2 Summit Dr. # 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

6 schools
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
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
2.3 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
2.4 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
3.3 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
2.3 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 $301
Homeowners Insurance $200
HOA Fee $312/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

42.3%
Price Range
19
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73314257
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 18, 2024
$385,000
MLS #73314257
Sold
May 6, 2021
$275,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Mar 18, 2021
$272,500
Original listing
Agent: Kathy Devine Office: ERA Key Realty Services
Previous Transaction - MLS #70335395
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 29, 2006
$222,000
MLS #70335395

Price & Status History

Date Event Price Change
Dec 18, 2024 Sold $385,000
Mar 18, 2021 New Listing Added $272,500
Mar 29, 2006 Sold $222,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$337

Tax History

Year Taxes Assessment
2021 $3,617 $261,900

Financial Details

Annual Property Tax
$3,617
Tax Year 2021
HOA Fee
$312
Monthly
Assessed Value
$261,900

Listing Information

Listing Agent Kathy Devine
Listing Office ERA Key Realty Services
Agent MLS ID B0389168
Office MLS ID AN2773
Listing Data Updated May 6, 2021 1:25 PM EDT
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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