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2 Summit Drive # 33, Reading MA 01867

Reading, MA 01867
$190,000
Est. $1,504/month
1
Beds
1
Baths
456
Sq Ft
$417
Price/Sq Ft
1970
Year Built
26
Days on Market
Closed Listed Nov 2, 2017 • MLS# 72250591 Copied!

About this home

Compact studio perfect for first time buyer, college student, individual who travels often but needs a 'home' base, or investor. Kitchen has maple cabinets, granite countertops and a dishwasher. The microwave is also a convection oven. A separate bedroom has been sectioned off. Wood floors.Bathroom is updated with tile floor and pedestal sink. The walk-in closet has lots of shelves. Additional storage available. Ample parking. In-ground pool. Well managed and maintained complex with good reserves and high owner occupancy. Minutes from Routes 128, 93 and 3. Heat, A/C, water are included in condo fee.

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $199,900
Final Sale Price: $190,000
Difference: $9,900 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
26
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $438
Sale $/sq ft: $417
This property sold for $417 per square foot
Sale Summary

This property sold for 5.0% below the original asking price.

With only 26 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
$417/sq ft
Area Average
$237/sq ft
Difference
+75.9%

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 456 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Fan Coil
Cooling Central Air, Fan Coil
Flooring Wood
Appliances Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, 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
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,113
Assessed Value $150,600

Interior Features

Flooring: Wood
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: 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 Drive # 33, 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
1.6 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
1.9 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.1 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
2.2 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
3.1 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
1.3 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
2.1 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
2.1 mi
Grades 06-12
A
Reading Memorial High School
1.9 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 $176
Homeowners Insurance $200
HOA Fee $167/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

5%
Price Range
27
Total Days on Market

Property Timeline

Sold
Dec 8, 2017
$190,000
Property sold
Days on Market: 27
🏠
Listed for Sale
Nov 2, 2017
$199,900
Original listing
Agent: Kathy Devine Office: ERA Key Realty Services

Price & Status History

Date Event Price Change
Nov 2, 2017 New Listing Added $199,900

Market Statistics

Days on Market
26 days
Price per Sq Ft
$417

Tax History

Year Taxes Assessment
2017 $2,113 $150,600

Financial Details

Annual Property Tax
$2,113
Tax Year 2017
HOA Fee
$167
Per month
Assessed Value
$150,600

Listing Information

Listing Agent Kathy Devine
Listing Office ERA Key Realty Services
Agent MLS ID B0389168
Office MLS ID AN2773
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

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2 Summit Drive # 33, Reading MA 01867 - Photo 1 2 Summit Drive # 33, Reading MA 01867 - Photo 2 2 Summit Drive # 33, Reading MA 01867 - Photo 3 2 Summit Drive # 33, Reading MA 01867 - Photo 4 2 Summit Drive # 33, Reading MA 01867 - Photo 5 2 Summit Drive # 33, Reading MA 01867 - Photo 6 2 Summit Drive # 33, Reading MA 01867 - Photo 7 2 Summit Drive # 33, Reading MA 01867 - Photo 8 2 Summit Drive # 33, Reading MA 01867 - Photo 9
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