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2 Summit Drive # 49, Reading MA 01867

Reading, MA 01867
$400,000
Est. $3,045/month
2
Beds
2
Baths
1,116
Sq Ft
$358
Price/Sq Ft
1979
Year Built
20
Days on Market
Closed Listed Sep 22, 2021 • MLS# 72898692 Copied!

About this home

Outstanding condominium at desirable Summit Towers. This rare and desirable 1116+ sq. ft. residence on 4th floor has 2 bedrooms and 2. full bathrooms with gorgeous views . This updated kitchen opens to family room and dining room/that goes to exterior Balcony which gets lots of natural sunlight. with great views. Enjoy the master bedroom suite with large Walk in closet and bathroom. Spacious second bedroom with generous closet space. Large entryway with additional closet space throughout. Professionally managed building w/ elevator, parking laundry & in-ground pool,showings begin on Friday 2;00-3;00 & Sunday 11;00-12;00 They do not have open houses here.... But i will be there

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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 (74.8% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1979
Bedrooms
2
Full Bathrooms
2
Living Area
1,116 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $369,000
Final Sale Price: $400,000
Difference: +$31,000 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $331
Sale $/sq ft: $358
This property sold for $358 per square foot
Sale Summary

This property sold for 8.4% above the original asking price, indicating strong buyer demand.

With only 20 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
$358/sq ft
Area Average
$237/sq ft
Difference
+51.0%

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 1979
Living Area 1,116 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Unit Control, Fan Coil
Cooling Central Air, Unit Control, Fan Coil
Flooring Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features Balcony, Screens
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Common, Guest, Paved
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,771
Assessed Value $345,500

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Screens
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1979
Structure Type: Garden
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Common, Guest, Paved

Location

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Neighborhood

2 Summit Drive # 49, 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
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $398
Homeowners Insurance $200
HOA Fee $425/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

37.5%
Price Range
22
Total Days on Market
3
Previous Sales

Property Timeline

Sold
Nov 12, 2021
$400,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Sep 22, 2021
$369,000
Original listing
Agent: Louise Touchette Office: Coldwell Banker Realty - Lynnfield
Previous Transaction - MLS #72108781
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 10, 2017
$320,000
MLS #72108781
Previous Transaction - MLS #71240934
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 11, 2011
$250,000
MLS #71240934
Previous Transaction - MLS #70339274
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 29, 2006
$273,000
MLS #70339274

Price & Status History

Date Event Price Change
Sep 22, 2021 New Listing Added $369,000
Mar 10, 2017 Sold $320,000
Jul 11, 2011 Sold $250,000
Mar 29, 2006 Sold $273,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$358

Tax History

Year Taxes Assessment
2021 $4,771 $345,500

Financial Details

Annual Property Tax
$4,771
Tax Year 2021
HOA Fee
$425
Monthly
Assessed Value
$345,500

Listing Information

Listing Agent Louise Touchette
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID C9501348
Office MLS ID AN6219
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

Real-time market trends and pricing data for this area

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