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3 Summit Drive # 68, Reading MA 01867

Reading, MA 01867
$176,000
Est. $1,570/month
1
Beds
1
Baths
795
Sq Ft
$221
Price/Sq Ft
1970
Year Built
Condominium
Type
15
Days on Market
Closed Listed May 17, 2010 • MLS# 71081570 Copied!

About this home

Lovely Unit Situated on Top Floor with Sweeping views of Lake QuannaPowitt, Oversized 1 Bedroom has Eat in Kitchen Large Modern Bathroom, Larger Living Room with Gorgeous Views from every angle. You will Fall in LOVE! Complex Has Many Amenties such as Clubhouse, Swimming Pool, Elevator, Laundry Facilities,Deeded Parking and Extra Deeded Storage.......... Great for Downsizing or 1st time Buyers.

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Public Records

Current Owner

Owner COUGHLIN LORRAINE E
Mailing Address 615 SUMMER AVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style RANCH

Tax Information

Assessed Value $599,900
Tax Rate $12.38 per $1,000
Base Tax $7,427
CPA Surcharge 1.5% ($93)
Estimated Annual Tax $7,520

Assessment History

Year Land Building Total Change
FY2026 $401,600 $198,300 $599,900 —

Sale History

Date Price Book/Page
Jan 27, 1961 $17,500 09752/0163

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 (68.7% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
795 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $179,999
Final Sale Price: $176,000
Difference: $3,999 (-2.2%)
Performance Metrics
97.8%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $226
Sale $/sq ft: $221
This property sold for $221 per square foot
Sale Summary

This property sold for 2.2% below the original asking price.

With only 15 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
$221/sq ft
Area Average
$237/sq ft
Difference
6.8%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 795 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric, Individual
Cooling Central Air
Flooring None
Appliances Range, Dishwasher
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Guest
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public, City/town Water, City/town Sewer
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,460
Assessed Value $178,900

Interior Features

Flooring:
Appliances: Range, Dishwasher
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric, Individual
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public, City/Town Water, City/Town Sewer
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, Assigned, Guest

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Lake
Community Amenities: Public Transportation, Shopping, Highway Access

Location

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Neighborhood

3 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

3 schools
B+
Walton School
0.6 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
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
St. Joseph Elementary School
1.1 mi
Grades PK-08
M

Middle Schools

3 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-
Galvin Middle School
1.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
B+
Stoneham Central Middle School
1.7 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.5 mi
Grades 09-12
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
Learn about these ratings
School data provided by BMN Schools

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 $205
Homeowners Insurance $200
HOA Fee $275/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

49.7%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72885907
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 6, 2021
$350,000
MLS #72885907
View Listing →
✓
Sold
Aug 19, 2010
$176,000
Property sold
Days on Market: 16
🏠
Listed for Sale
May 17, 2010
$179,999
Original listing
Agent: Samantha Moynihan

Price & Status History

Date Event Price Change
Oct 6, 2021 Sold $350,000 —
May 17, 2010 New Listing Added $179,999 —

Market Statistics

Days on Market
15 days
Price per Sq Ft
$221

Tax History

Year Taxes Assessment
2010 $2,460 $178,900

Financial Details

Annual Property Tax
$2,460
Tax Year 2010
HOA Fee
$275
Per month
Assessed Value
$178,900

Listing Information

Listing Agent Samantha Moynihan
Listing Office Century 21 N. Shore RE
Agent MLS ID BB803353
Office MLS ID BB9131
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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3 Summit Drive # 68, Reading MA 01867 - Photo 1
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