LevelFourth Floor
2 Summit Drive # 44, Reading MA 01867
Reading, MA 01867
$195,000
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Sale Statistics
Sale Overview
Original List Price:
$200,000
Final Sale Price:
$195,000
Difference:
$5,000 (-2.5%)
Performance Metrics
97.5%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$240
Sale $/sq ft:
$234
This property sold for $234 per square foot
Sale Summary
This property sold for 2.5% below the original asking price.
With only 16 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
$234/sq ft
Area Median
$492/sq ft
Difference
52.4%
This property sold below the area median, potentially representing good value for the buyer.
About this home
As large as some 2 bedroom units, the spacious (834') unit is an excellent opportunity to own at the desirable Summit Towers Condominium complex. The screened in balcony is like having an extra room in good weather. It's accessed via a 12' slider off the living room. New fan coil heating units just installed along with a programmable thermostat to keep you comfy in summer or winter. The master bedroom features a well-organized walk-in closet and the window has been replaced. Enjoy meals in the truly eat-in kitchen. The cabinets have been refaced. condo fee includes: HEAT, WATER, HOT WATER, LANDSCAPING, PARKING, SNOW REMOVAL AND EXTERIOR MAINTENANCE. You get a lot for your money at Summit Towers in addition to the convenience of the complex to Rtes 128 and 93.
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Property History
Market Insights
2.5%
Price Range
18
Total Days on Market
Property Timeline
Sold
Jan 15, 2016
$195,000
Property sold
Days on Market: 18
Listed for Sale
Nov 4, 2015
$200,000
Original listing
Agent: Kathy Devine
Office: Realty World Advantage
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/15/2016 | ✓ Sold | $195,000 | - | - | Property sold |
| 11/04/2015 | 🏠 Listed for Sale | $200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2015 | $2,523 | $171,600 |
Financial Details
Annual Property Tax
$2,523
Tax Year 2015
HOA Fee
$297
Monthly
Assessed Value
$171,600
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1970
Living Area
834 sq ft
Bedrooms
1
Full Baths
1
Total Rooms
3
Interior
Heating
Central, Natural Gas, Individual, Unit Control, Fan Coil
Cooling
Central Air
Flooring
Tile, Carpet, Vinyl / Vct
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace
None
Basement
N
Laundry
Common Area, In Building
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
Association, In Ground
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Common
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
Annual Tax
$2,523
Assessed Value
$171,600
HOA & Community
HOA Fee
$297 Monthly
Fee Includes
Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance
Amenities
Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes
None
Owner-Occupied Units
137
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
["Garden"]
Unit/Building
44
Sq Ft Source
Master Deed
Documents
Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws (4)
County
Middlesex
Total market time (incl. prior listings)
18 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
834 sq ft
Total Rooms
3
Stories
1
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
LevelFourth Floor
LevelFourth Floor
LevelFourth Floor
FeaturesNo
Display Options
Outdoor Areas
PoolAssociation, In Ground
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Carpet, Vinyl / VCT
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement:
N
Laundry:
Common Area, In Building
Security:
Construction & Materials
Year Built:
1970
Effective Year (Renovated):
1981
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central, Natural Gas, Individual, Unit Control, Fan Coil
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street, Common
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
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
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
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
2 Summit Drive # 44, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Kathy Devine
Agent MLS ID
B0389168
Office MLS ID
AN1025
Listing Data Updated
Jan 15, 2016 2:47 PM EST
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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