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3 Summit Drive # 55, Reading MA 01867 - Preview 1 3 Summit Drive # 55, Reading MA 01867 - Preview 2 3 Summit Drive # 55, Reading MA 01867 - Preview 3 3 Summit Drive # 55, Reading MA 01867 - Preview 4 3 Summit Drive # 55, Reading MA 01867 - Preview 5 3 Summit Drive # 55, Reading MA 01867 - Preview 6 3 Summit Drive # 55, Reading MA 01867 - Preview 7 3 Summit Drive # 55, Reading MA 01867 - Preview 8 3 Summit Drive # 55, Reading MA 01867 - Preview 9 3 Summit Drive # 55, Reading MA 01867 - Preview 10
3 Summit Drive # 55, Reading MA 01867 - Preview 1 3 Summit Drive # 55, Reading MA 01867 - Preview 2 3 Summit Drive # 55, Reading MA 01867 - Preview 3 3 Summit Drive # 55, Reading MA 01867 - Preview 4 3 Summit Drive # 55, Reading MA 01867 - Preview 5 3 Summit Drive # 55, Reading MA 01867 - Preview 6 3 Summit Drive # 55, Reading MA 01867 - Preview 7 3 Summit Drive # 55, Reading MA 01867 - Preview 8 3 Summit Drive # 55, Reading MA 01867 - Preview 9 3 Summit Drive # 55, Reading MA 01867 - Preview 10

3 Summit Drive # 55, Reading MA 01867

Reading, MA 01867
$280,000
Est. $2,245/month
2
Beds
2
Baths
1,113
Sq Ft
$252
Price/Sq Ft
1970
Year Built
Condominium
Type
50
Days on Market
Closed Listed Nov 23, 2015 • MLS# 71935611 Copied!

About this home

Perfect location for all commuters between Rt 95/128 and Rt 93. 2B/ 2BA unit with screened in balcony perfect to enjoy or for entertaining.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,113 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $289,900
Final Sale Price: $280,000
Difference: $9,900 (-3.4%)
Performance Metrics
96.6%
List to Sale Ratio
Sold below asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $260
Sale $/sq ft: $252
This property sold for $252 per square foot
Sale Summary

This property sold for 3.4% below the original asking price.

The property spent 50 days on market before selling.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,113 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Central
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Basement, In Building
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,878
Assessed Value $195,800

Interior Features

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

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
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

Location

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Neighborhood

3 Summit Drive # 55, Reading MA 01867

Reading, MA 01867

Walkability

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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
Learn about these ratings
School data provided by BMN Schools

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 $240
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.

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Recently Sold Nearby

Property History

Market Insights

3.4%
Price Range
51
Total Days on Market

Property Timeline

✓
Sold
Jan 29, 2016
$280,000
Property sold
Days on Market: 51
🏠
Listed for Sale
Nov 23, 2015
$289,900
Original listing
Agent: Rob Mailey Office: Century 21 Spindler & O'Neil Associates

Price & Status History

Date Event Price Change
Nov 23, 2015 New Listing Added $289,900 —

Market Statistics

Days on Market
50 days
Price per Sq Ft
$252

Tax History

Year Taxes Assessment
2015 $2,878 $195,800

Financial Details

Annual Property Tax
$2,878
Tax Year 2015
HOA Fee
$389
Monthly
Assessed Value
$195,800

Listing Information

Agent MLS ID B0424630
Office MLS ID B21501
Listing Data Updated Jan 29, 2016 12:54 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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3 Summit Drive # 55, Reading MA 01867 - Photo 1 3 Summit Drive # 55, Reading MA 01867 - Photo 2 3 Summit Drive # 55, Reading MA 01867 - Photo 3 3 Summit Drive # 55, Reading MA 01867 - Photo 4 3 Summit Drive # 55, Reading MA 01867 - Photo 5 3 Summit Drive # 55, Reading MA 01867 - Photo 6 3 Summit Drive # 55, Reading MA 01867 - Photo 7 3 Summit Drive # 55, Reading MA 01867 - Photo 8 3 Summit Drive # 55, Reading MA 01867 - Photo 9 3 Summit Drive # 55, Reading MA 01867 - Photo 10
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