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3 Summit Drive # 35, Reading MA 01867

Reading, MA 01867
$250,000
Est. $2,099/month
2
Beds
2
Baths
1,086
Sq Ft
$230
Price/Sq Ft
1970
Year Built
33
Days on Market
Closed Listed Nov 30, 2013 • MLS# 71612460 Copied!

About this home

Spacious well maintained and updated 3rd floor End Unit Condo at Summit Towers. Bright and sunny living room leading to large 26 x 6 ft screened in balcony. Dining room is large enough to host your extended family and friends.Updates include laminate wood flooring and recessed lighting in the living room and dining area.. Master bedroom with walk-in closet and bath. Elevator building,Well managed and maintained, FHA approved complex with high owner occupancy and strong reserves. Condo Fee Includes Heat.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,086 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $249,900
Final Sale Price: $250,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $230
Sale $/sq ft: $230
This property sold for $230 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 33 days on market before selling.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$230/sq ft
Area Average
$237/sq ft
Difference
3.0%

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 1,086 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Wood Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Stone
Architecture None
Roof Rubber
Features Porch - Screened, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Screened

Parking

Features Off Street, Common, Paved

Utilities

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

Financial

Annual Tax $2,949
Assessed Value $197,400

Interior Features

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

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1981
Structure Type: Garden, Mid-Rise
Exterior Materials: Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas
Heating Zones: 1
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Screened, Balcony
Patio & Porch: Screened
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Off Street, Common, Paved

Location

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Neighborhood

3 Summit Drive # 35, 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 $246
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

32.8%
Price Range
37
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72731894
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 23, 2020
$371,900
MLS #72731894
Sold
Jan 29, 2014
$250,000
Property sold
Days on Market: 37
🏠
Listed for Sale
Nov 30, 2013
$249,900
Original listing
Agent: Sheila McDougall Office: RE/MAX Leading Edge

Price & Status History

Date Event Price Change
Nov 23, 2020 Sold $371,900
Nov 30, 2013 New Listing Added $249,900

Market Statistics

Days on Market
33 days
Price per Sq Ft
$230

Tax History

Year Taxes Assessment
2013 $2,949 $197,400

Financial Details

Annual Property Tax
$2,949
Tax Year 2013
HOA Fee
$389
Monthly
Assessed Value
$197,400

Listing Information

Listing Agent Sheila McDougall
Listing Office RE/MAX Leading Edge
Agent MLS ID B8000241
Office MLS ID BB5817
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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