3 Summit Drive # 35, Reading MA 01867

Reading, MA 01867

$250,000

Beds

Baths

1,086

Sq Ft

$230

Price/Sq Ft

1970

Year Built

Condominium

Type

Days on Market

Sold Listed Nov 30, 2013 • MLS# 71612460 Copied! • Updated Jan 30, 2014

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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

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

This Property

$230/sq ft

Area Median

$508/sq ft

Difference

54.7%

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

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

32.8%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #72731894

Full transaction history available when tracking began

🏷️

Previously Sold

Nov 23, 2020

$371,900

MLS #72731894

View Listing →

✓

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

Date	Event	Price	Change	$/sqft	Details
11/23/2020	🏷️ Previously Sold	$371,900	-	-	MLS #72731894
01/29/2014	✓ Sold	$250,000	-	-	Property sold
11/30/2013	🏠 Listed for Sale	$249,900	-	-	Original listing

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

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

HOA & Community

HOA Fee $389 Monthly

Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

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

Optional Fee Includes None

Owner-Occupied Units 133

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures Additional Deeded Storage Space In Lower Level.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden","Mid-Rise"]

Unit/Building 3-35

Sq Ft Source Field Card

Documents Other (see Remarks)

County Middlesex

Total market time (incl. prior listings) 37 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

1,086 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

3 Summit Drive # 35, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Sheila McDougall

Listing Office RE/MAX Leading Edge

Office Phone 781-729-5505

Agent MLS ID B8000241

Office MLS ID BB5817

Listing Data Updated Jan 30, 2014 10:15 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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