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1 Summit Drive # 65, Reading MA 01867

Reading, MA 01867
$249,000
Est. $2,151/month
2
Beds
2
Baths
1,125
Sq Ft
$221
Price/Sq Ft
1970
Year Built
5
Days on Market
Closed Listed May 13, 2013 • MLS# 71524273 Copied!

About this home

Don’t miss this spacious open floor plan corner unit located on the top floor. Summit Towers in a well maintained condo complex. This unit has ample closet space, including an incredible master suite walk in closet. Unwind and relax on the large screened in balcony. Summer is approaching why not enjoy the large in ground pool. Ample parking is available front and back of building. Best part condo fee’s INCLUDE-Heat, Hot water & A/C. A Commuters delight. Call this beautiful condo your new home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,125 sq ft
Total Rooms
5
Stories
6
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $249,000
Final Sale Price: $249,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $221
Sale $/sq ft: $221
This property sold for $221 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 5 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 1,125 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Common, Guest
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,439
Assessed Value $230,000

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 6

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, Common, Guest

Location

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Neighborhood

1 Summit Drive # 65, 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
1.2 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
1.5 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

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 $287
Homeowners Insurance $200
HOA Fee $405/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

6
Total Days on Market

Property Timeline

Sold
Aug 29, 2013
$249,000
Property sold
Days on Market: 6
🏠
Listed for Sale
May 13, 2013
$249,000
Original listing
Office: Weichert REALTORS® Blueprint Brokers

Price & Status History

Date Event Price Change
May 13, 2013 New Listing Added $249,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$221

Tax History

Year Taxes Assessment
2012 $3,439 $230,000

Financial Details

Annual Property Tax
$3,439
Tax Year 2012
HOA Fee
$405
Monthly
Assessed Value
$230,000

Listing Information

Listing Agent Mazie Galazka
Listing Office Weichert REALTORS® Blueprint Brokers
Agent MLS ID B7000030
Office MLS ID AC2395
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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