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3 Summit Drive # 69, Reading MA 01867

Reading, MA 01867
$342,500
Est. $2,619/month
2
Beds
2
Baths
1,108
Sq Ft
$309
Price/Sq Ft
1970
Year Built
16
Days on Market
Closed Listed Dec 11, 2017 • MLS# 72263133 Copied!

About this home

Immaculate, well maintained unit in much desired Summit Towers. Enjoy breathtaking views from this 2-BR/2-BA Corner Penthouse level unit in professionally managed building. Entertain with ease from your cabinet packed kitchen that leads to a sun filled front to back dining/ living room featuring sliders to your own private balcony. Down the hall you'll find a second bedroom with over sized closet, an updated full bath, and a master bedroom with its own private bath and large walk-in closet. This tree top unit is nestled in a handy, easy commute location, near downtown with its beautiful restaurants and shops, the commuter rail and all major travel routes. Don't miss the opportunity to live in this great community !!!

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Public Records

Current Owner

Owner LARSON DONNA JEANNE
Mailing Address 637 SUMMER AVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style RANCH

Tax Information

Assessed Value $619,200
Tax Rate $12.38 per $1,000
Base Tax $7,666
CPA Surcharge 1.5% ($96)
Estimated Annual Tax $7,762

Assessment History

Year Land Building Total Change
FY2026 $401,600 $216,500 $619,200

Sale History

Date Price Book/Page
Aug 29, 2008 $64,000 51637/0531

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 (71.0% 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
1,108 sq ft
Total Rooms
5
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $345,000
Final Sale Price: $342,500
Difference: $2,500 (-0.7%)
Performance Metrics
99.3%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $311
Sale $/sq ft: $309
This property sold for $309 per square foot
Sale Summary

This property sold for 0.7% below the original asking price.

With only 16 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
$309/sq ft
Area Average
$237/sq ft
Difference
+30.3%

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 1,108 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
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
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,575
Assessed Value $254,800

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Central
Cooling: Central Air
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

Location

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Neighborhood

3 Summit Drive # 69, 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
0.9 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
1.4 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
1.6 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
1.4 mi
Grades 09-12
A
Reading Memorial High School
2.0 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
$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 $298
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

-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

21.7%
Price Range
18
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jan 25, 2018
$342,500
Property sold
Days on Market: 18
🏠
Listed for Sale
Dec 11, 2017
$345,000
Original listing
Agent: Anthony Sabatino Office: Boardwalk Real Estate
Previous Transaction - MLS #71937127
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 7, 2016
$270,000
MLS #71937127

Price & Status History

Date Event Price Change
Dec 11, 2017 New Listing Added $345,000
Mar 7, 2016 Sold $270,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$309

Tax History

Year Taxes Assessment
2017 $3,575 $254,800

Financial Details

Annual Property Tax
$3,575
Tax Year 2017
HOA Fee
$389
Monthly
Assessed Value
$254,800

Listing Information

Listing Agent Anthony Sabatino
Listing Office Boardwalk Real Estate
Agent MLS ID CT006277
Office MLS ID B30601
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

Real-time market trends and pricing data for this area

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