3 Summit Drive # 26, Reading MA 01867

Reading, MA 01867
$460,000
Est. $2,448/month
2
Beds
2
Baths
1,095
Sq Ft
$420
Price/Sq Ft
1970
Year Built
Condominium
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73196178

About this home

Welcome to this move-in ready condo located at 3 Summit Drive in Reading. This spacious corner unit offers 2 bedrooms, 2 full bathrooms, and is the epitome of modern comfort and convenience. Step inside to discover a tastefully renovated interior, complete with central air to keep you cool during the warmer months. The primary bedroom boasts a luxurious en-suite bathroom and a walk-in closet, providing a private retreat within the home. The open-concept living and dining area is perfect for entertaining, and the screened-in balcony offers a peaceful outdoor space to enjoy your morning coffee or unwind after a long day. With 2 parking spots included, convenience is at the forefront of this property. The complex itself features an inviting in-ground pool, perfect for enjoying summer days. Additionally, the commuter-friendly location provides easy access to all major highways, making travel a breeze. HEAT & A/C included in condo fee!

Sale Statistics

Sale Overview
Original List Price: $423,500
Final Sale Price: $460,000
Difference: +$36,500 (+8.6%)
Performance Metrics
108.6%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $387
Sale $/sq ft: $420
This property sold for $420 per square foot
Sale Summary

This property sold for 8.6% above the original asking price, indicating strong buyer demand.

With only 5 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
2

Interior Features

Flooring
Tile, Engineered Hardwood
Heating
Central, Unit Control
Has Heating
Yes
Cooling
Central Air, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Internet Available - Unknown
Laundry Features
In Building
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Brick
Exterior Features
Porch - Screened
Patio/Porch Features
Screened
Has Spa
No
Pool Features
Association, In Ground
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Common

Utilities & Systems

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

Community & HOA

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

Financial & Tax Information

Annual Tax Amount
$5,005
Tax Year
2023
Tax Assessed Value
$397,500
Zoning
A

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Towers
Common Walls
Corner

Location

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Neighborhood

3 Summit Drive # 26, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
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Rating information coming soon
Middle School
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Rating information coming soon
High School
Reading High
Rating information coming soon

Monthly Payment Calculator

%
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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $417
Homeowners Insurance $200
HOA Fee $466
PMI $0

Property History

Market Insights

7.9%
Price Range
6
Total Days on Market

Property Timeline

Sold
Feb 29, 2024
$460,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jan 24, 2024
$423,500
Original listing
Agent: Vita Realty Group Office: Compass

Price & Status History

Date Event Price Change
Jan 24, 2024 New Listing Added $423,500

Market Statistics

Days on Market
5 days
Price per Sq Ft
$420

Tax History

Year Taxes Assessment
2023 $5,005 $397,500

Financial Details

Annual Property Tax
$5,005
Tax Year 2023
HOA Fee
$466
Monthly
Assessed Value
$397,500

Listing Information

Listing Agent Vita Realty Group
Listing Office Compass
Agent MLS ID TM336409
Office MLS ID AN6433

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