3 Summit Dr. # 16, Reading MA 01867

Reading, MA 01867
$375,000
Est. $1,996/month
2
Beds
2
Baths
1,095
Sq Ft
$342
Price/Sq Ft
1970
Year Built
Condominium
Type
7
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73183590

About this home

PRICED $50,000-$60,000 UNDER RECENT SALES! Welcome to highly desirable SUMMIT TOWERS! Have you wanted to live in Reading at Summit Towers but prices keep going up, up, up....well, here's your chance. Sought after END UNIT - very large 2 bedrm, 2 bath 1,095sf unit has been in the family for nearly 25yrs. The price of this unit reflects some updating needed but offers built in equity. This unit is located on the main level (no waiting for the elevator) at the end of a hallway. Open the door and you'll be surprised at the expanse of the dining room open to the living room. The newer extra large slider overlooks the balcony and PRIVATE back area. The primary suite highlights a walk-in closet and full bathroom. Eat in kitchen and guest full bath are offered as well. *Condo fee includes HEAT, HOT WATER, WATER/SEWER. Lovely in-ground pool and newly renovated pool bathroom shed. Lots of guest parking & on-site property mgr.

Sale Statistics

Sale Overview
Original List Price: $379,900
Final Sale Price: $375,000
Difference: $4,900 (-1.3%)
Performance Metrics
98.7%
List to Sale Ratio
Sold below asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $347
Sale $/sq ft: $342
This property sold for $342 per square foot
Sale Summary

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

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,095 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Tile, Vinyl, Carpet
Heating
Central, Natural Gas, Unit Control, Fan Coil
Has Heating
Yes
Cooling
Central Air, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Laundry Features
In Basement, Common Area, In Building
Basement Details
N
Window Features
Insulated Windows

Exterior & Structure

Roof
Rubber
Exterior Features
Balcony, Storage
Has Spa
No
Pool Features
Association, In Ground
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Common, Off Street, Guest, Paved

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Golf, Highway Access, House of Worship, Private School, Public School
HOA Fee
$466
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,626
Tax Year
2023
Tax Assessed Value
$367,400
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Towers
Disclosures
Seller/trustee has never lived in the property. Sold "as is". Buyer to pay for any documents required by lender. Seller & list agent make no representations or warranties. All measurements approx. Pets: Only 2 cats
Exclusions
None

Location

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Neighborhood

3 Summit Dr. # 16, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $386
Homeowners Insurance $200
HOA Fee $466
PMI $0

Property History

Market Insights

1.3%
Price Range
8
Total Days on Market

Property Timeline

Sold
Jan 5, 2024
$375,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Nov 29, 2023
$379,900
Original listing
Agent: Karen J. Dame Office: Century 21 North East

Price & Status History

Date Event Price Change
Nov 29, 2023 New Listing Added $379,900

Market Statistics

Days on Market
7 days
Price per Sq Ft
$342

Tax History

Year Taxes Assessment
2023 $4,626 $367,400

Financial Details

Annual Property Tax
$4,626
Tax Year 2023
HOA Fee
$466
Monthly
Assessed Value
$367,400

Listing Information

Listing Agent Karen J. Dame
Listing Office Century 21 North East
Agent MLS ID B9500457
Office MLS ID AN4350

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