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2 Summit Drive # 68, Reading MA 01867

Reading, MA 01867
$225,000
Est. $1,988/month
2
Beds
2
Baths
1,074
Sq Ft
$209
Price/Sq Ft
1970
Year Built
27
Days on Market
Closed Listed Jan 6, 2014 • MLS# 71619814 Copied!

About this home

Top floor unit at desirable Summit Towers. This unit features an upgraded kitchen with 1 year old dishwasher and newer flooring. Open concept living room/dining area for easy daily living and entertaining. Living room has ceiling fan to circulate air brought in through 12' slider which leads to an over-sized balcony. Master bedroom with 3 large closets and en-suite bath. Both baths have been upgraded. Slider and windows have been replaced. New wall-to wall carpeting was just installed throughout. All rooms have crown moulding and colonial baseboard. Condo fee INCLUDES HEAT, A/C, water, hot water, common area maintenance, snowplowing, landscaping, etc. Ample parking, Good reserves, on-site management, FHA and VA approved complex. Association pool and additional storage.

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Public Records

Current Owner

Owner PACHECO CHERRI L
Mailing Address 599 SUMMER AVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style RANCH

Tax Information

Assessed Value $673,200
Tax Rate $12.38 per $1,000
Base Tax $8,334
CPA Surcharge 1.5% ($106)
Estimated Annual Tax $8,441

Assessment History

Year Land Building Total Change
FY2026 $410,500 $261,600 $673,200

Sale History

Date Price Book/Page
Sep 12, 2017 $10 69919/388

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 (82.1% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,074 sq ft
Total Rooms
5
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $250,000
Final Sale Price: $225,000
Difference: $25,000 (-10.0%)
Performance Metrics
90.0%
List to Sale Ratio
Sold below asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $233
Sale $/sq ft: $209
This property sold for $209 per square foot
Sale Summary

This property sold for 10.0% below the original asking price.

With only 27 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
$209/sq ft
Area Average
$237/sq ft
Difference
11.9%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,074 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Natural Gas
Cooling Central Air
Flooring Vinyl, Carpet, Other
Appliances Range, Dishwasher, 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, Guest, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $3,137
Assessed Value $210,000

Interior Features

Flooring: Vinyl, Carpet, Other
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Storm Window(s)
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1980
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Heating Zones: 1
Cooling: Central Air
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, Paved

Location

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Neighborhood

2 Summit Drive # 68, 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
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $261
Homeowners Insurance $200
HOA Fee $389/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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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

10%
Price Range
30
Total Days on Market

Property Timeline

Sold
Mar 28, 2014
$225,000
Property sold
Days on Market: 30
🏠
Listed for Sale
Jan 6, 2014
$250,000
Original listing
Agent: Kathy Devine Office: Summit Real Estate

Price & Status History

Date Event Price Change
Jan 6, 2014 New Listing Added $250,000

Market Statistics

Days on Market
27 days
Price per Sq Ft
$209

Tax History

Year Taxes Assessment
2013 $3,137 $210,000

Financial Details

Annual Property Tax
$3,137
Tax Year 2013
HOA Fee
$389
Per month
Assessed Value
$210,000

Listing Information

Listing Agent Kathy Devine
Listing Office Summit Real Estate
Agent MLS ID B0389168
Office MLS ID B70006
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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