1 Summit Drive # 65, Reading MA 01867

Reading, MA 01867
$249,000
2
Beds
2
Baths
1,125
Sq Ft
$221
Price/Sq Ft
1970
Year Built
2
Parking
5
Days on Market
Sold Listed May 13, 2013 • MLS# 71524273 Copied! • Updated Aug 29, 2013

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

This Property
$221/sq ft
Area Median
$492/sq ft
Difference
55.1%

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

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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Recently Sold Nearby

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

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

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
Features Off Street, Common, Guest
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,439
Assessed Value $230,000

HOA & Community

HOA Fee $405 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Laundry, Elevator(s), Storage
Optional Fee Includes None
Owner-Occupied Units 136
Pets Yes w/ Restrictions
Seller Disclosures No Assessments To Be Made In The Next Year Or 2. Major Updates Include Roofs And A/c In All 3 Blds.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 1-65
Sq Ft Source Other
Documents None
County Middlesex
Total market time (incl. prior listings) 6 days

Property Overview

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

Floor Layout

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
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
0.8 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
A
Alice M Barrows School
1.6 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
1.9 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.1 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
2.2 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
3.1 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
1.3 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
Arthur W Coolidge Middle School
2.1 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
2.1 mi
Grades 06-12
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
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Location

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Neighborhood

1 Summit Drive # 65, Reading MA 01867

Reading, MA 01867

Listing Information

Agent MLS ID B7000030
Office MLS ID AC2395
Listing Data Updated Aug 29, 2013 5:26 PM EDT
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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