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3 Summit # 29, Reading MA 01867

Reading, MA 01867
$217,500
Est. $1,943/month
2
Beds
2
Baths
1,100
Sq Ft
$198
Price/Sq Ft
1971
Year Built
8
Days on Market
Closed Listed Feb 18, 2013 • MLS# 71483746 Copied!

About this home

SPACIOUS (almost 1100 sq.ft) 2 bdrm unit in DESIRABLE Summit Towers! Large eat-in kitchen w/tile floors. UPDATED baths-one w/sitting tub/jets, both have granite counters & new faucets. Master bdrm has HUGE walk-in closet/full bath/large windows. CLOSETS GALORE. Large covered balcony can easily fit patio table & chairs. Condo fee includes heat, hot water, water/sewer & central A/C. Perfect LOCATION (overlooks woods), in a well managed complex w/high owner occupancy. FHA approved. CHECK IT OUT!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
2
Living Area
1,100 sq ft
Total Rooms
5
Stories
7
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $219,900
Final Sale Price: $217,500
Difference: $2,400 (-1.1%)
Performance Metrics
98.9%
List to Sale Ratio
Sold below asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $200
Sale $/sq ft: $198
This property sold for $198 per square foot
Sale Summary

This property sold for 1.1% below the original asking price.

With only 8 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
$198/sq ft
Area Average
$237/sq ft
Difference
16.5%

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 1971
Living Area 1,100 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air
Cooling Central Air
Flooring Tile, Carpet, Parquet
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Covered Patio/deck, Balcony, City View(s), Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Covered

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 $3,056
Assessed Value $216,000

Interior Features

Flooring: Tile, Carpet, Parquet
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Basement, Common Area, In Building
Security: Intercom, Security System

Construction & Materials

Year Built: 1971
Effective Year (Renovated): 1980
Structure Type: Garden
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation:
Stories: 7

Heating, Cooling & Utilities

Heating: Central, Forced Air
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck, Balcony, City View(s), Professional Landscaping
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Common, Guest, Paved

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Pool, Park, Highway Access, House of Worship, Public School

Location

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Neighborhood

3 Summit # 29, 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
0.9 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
A
Alice M Barrows School
1.7 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
2.0 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.2 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
2.3 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
3.2 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
1.4 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
Arthur W Coolidge Middle School
2.2 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
2.3 mi
Grades 06-12
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 $255
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

1.1%
Price Range
9
Total Days on Market

Property Timeline

Sold
Apr 17, 2013
$217,500
Property sold
Days on Market: 9
🏠
Listed for Sale
Feb 18, 2013
$219,900
Original listing
Agent: Lawson Team Office: RE/MAX Leading Edge

Price & Status History

Date Event Price Change
Feb 18, 2013 New Listing Added $219,900

Market Statistics

Days on Market
8 days
Price per Sq Ft
$198

Tax History

Year Taxes Assessment
2012 $3,056 $216,000

Financial Details

Annual Property Tax
$3,056
Tax Year 2012
HOA Fee
$389
Monthly
Assessed Value
$216,000

Listing Information

Listing Agent Lawson Team
Listing Office RE/MAX Leading Edge
Agent MLS ID TEAM0261
Office MLS ID AN0156
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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