3 Summit # 29, Reading MA 01867

Reading, MA 01867

$217,500

2

Beds

2

Baths

1,100

Sq Ft

$198

Price/Sq Ft

1971

Year Built

2

Parking

Condominium

Type

8

Days on Market

Sold Listed Feb 18, 2013 • MLS# 71483746 Copied! • Updated Apr 17, 2013

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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 7 similar properties sold within 0.5 miles in the last 90 days

This Property

$198/sq ft

Area Median

$508/sq ft

Difference

61.0%

This property sold below the area median, potentially representing good value for the buyer.

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!

Public Records & Permits

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Recently Sold Nearby

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

Date	Event	Price	Change	$/sqft	Details
04/17/2013	✓ Sold	$217,500	-	-	Property sold
02/18/2013	🏠 Listed for Sale	$219,900	-	-	Original listing

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

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

HOA & Community

HOA Fee $389 Monthly

Fee Includes Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning

Amenities Hot Water, Pool, Laundry, Elevator(s), Storage

Optional Fee Includes None

Owner-Occupied Units 136

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures Some Carpet In Walk-in Closet Was Removed Due Of Refrigerator Leak. Master Was Being Used As Tv Rm.

Exclusions Personal Property. See Inclusions/Exclusions At Mlsdocs.

Additional Details

Possession None

Accepted Financing Contract

Structure Type ["Garden"]

Unit/Building 29

Sq Ft Source Field Card

Sq Ft Disclosures Youll love the floor plan and BIG liv rm!

Documents Master Deed, Rules & Regs, Association Financial Statements (3)

County Middlesex

Total market time (incl. prior listings) 9 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1971

Bedrooms

2

Full Bathrooms

2

Living Area

1,100 sq ft

Total Rooms

5

Stories

7

Entry Level

2

Floor Layout

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

3 Summit # 29, Reading MA 01867

Reading, MA 01867

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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