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2 Summit Drive # 67, Reading MA 01867

Reading, MA 01867
$385,000
Est. $2,994/month
2
Beds
2
Baths
1,073
Sq Ft
$359
Price/Sq Ft
1970
Year Built
39
Days on Market
Closed Listed Mar 4, 2022 • MLS# 72949209 Copied!

About this home

This top floor unit at Summit Towers is waiting to be made YOURS! The spacious kitchen is big enough for a full size table and chairs, has oak cabinets, quartz counter tops and tile floor. The dining area opens into the living room with a 12' slider to the screened-in balcony. It's like having another room! The master bedroom features three generous sized closets and an en-suite tiled bath with tub and shower. The second bedroom is good sized with a large closet. Easy care, up to the minute wood look vinyl flooring. Both bedrooms have large windows. Showings begin Monday, March 7. Amenities include ample parking, in-ground pool and in-building laundry. Condo fee includes Heat, water, hot water and A/C.. Showings begin Monday, March 7. Open Houses are NOT allowed. So, make an appointment!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,073 sq ft
Total Rooms
5
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $389,900
Final Sale Price: $385,000
Difference: $4,900 (-1.3%)
Performance Metrics
98.7%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $363
Sale $/sq ft: $359
This property sold for $359 per square foot
Sale Summary

This property sold for 1.3% below the original asking price.

The property spent 39 days on market before selling.

Nearby Sales Comparison

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

This Property
$359/sq ft
Area Average
$237/sq ft
Difference
+51.4%

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 1,073 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Natural Gas
Cooling Central Air, Fan Coil
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave
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, Guest
Total Spaces 2

Utilities

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

Financial

Annual Tax $5,015
Assessed Value $376,200

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

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, Natural Gas
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, Guest

Location

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Neighborhood

2 Summit Drive # 67, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

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 $418
Homeowners Insurance $200
HOA Fee $429/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

47.3%
Price Range
41
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73429174
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 20, 2025
$455,000
MLS #73429174
Sold
May 31, 2022
$385,000
Property sold
Days on Market: 41
🏠
Listed for Sale
Mar 4, 2022
$389,900
Original listing
Agent: Kathy Devine Office: ERA Key Realty Services
Previous Transaction - MLS #71420287
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 28, 2012
$240,000
MLS #71420287

Price & Status History

Date Event Price Change
Oct 20, 2025 Sold $455,000
Mar 4, 2022 New Listing Added $389,900
Sep 28, 2012 Sold $240,000

Market Statistics

Days on Market
39 days
Price per Sq Ft
$359

Tax History

Year Taxes Assessment
2022 $5,015 $376,200

Financial Details

Annual Property Tax
$5,015
Tax Year 2022
HOA Fee
$429
Per month
Assessed Value
$376,200

Listing Information

Listing Agent Kathy Devine
Listing Office ERA Key Realty Services
Agent MLS ID B0389168
Office MLS ID AN2773
Listing Data Updated May 31, 2022 1:45 PM EDT
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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