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3 Summit Drive # 69, Reading MA 01867

Reading, MA 01867
$270,000
Est. $2,209/month
2
Beds
2
Baths
1,108
Sq Ft
$244
Price/Sq Ft
1970
Year Built
66
Days on Market
Closed Listed Dec 1, 2015 • MLS# 71937127 Copied!

About this home

Enjoy the BEST views in the building from this spacious top floor corner unit. This home features an expanded kitchen with extra cabinets, under mount lighting,pantry closet and breakfast bar. You will love entertaining in the open concept dining/living area with triple wide sliders allowing access to an over sized balcony with beautiful views of Reading and Wakefield. The master bedroom can accommodate a king bed, has a large walk-in closet with built in storage and a full bath. A second bedroom with over sized closet and updated full bath complete this unit. Owners have ordered the new heating coils, that will be installed before closing. The lower level has private storage and laundry facilities. Summit Towers is located with in easy access to all major highways, town, train and all of the areas great amenities. Don't miss the opportunity to live in this great community call for a showing today.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,108 sq ft
Total Rooms
4
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $279,900
Final Sale Price: $270,000
Difference: $9,900 (-3.5%)
Performance Metrics
96.5%
List to Sale Ratio
Sold below asking price
66
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $253
Sale $/sq ft: $244
This property sold for $244 per square foot
Sale Summary

This property sold for 3.5% below the original asking price.

The property spent 66 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
$244/sq ft
Area Average
$237/sq ft
Difference
+2.9%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,108 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

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

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,052
Assessed Value $207,600

Interior Features

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

Construction & Materials

Year Built: 1970
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Natural Gas
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 # 69, 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

3 schools
B+
Walton School
0.6 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
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
St. Joseph Elementary School
1.1 mi
Grades PK-08
M

Middle Schools

3 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-
Galvin Middle School
1.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
B+
Stoneham Central Middle School
1.6 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.4 mi
Grades 09-12
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 $254
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

21.2%
Price Range
67
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72263133
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 25, 2018
$342,500
MLS #72263133
Sold
Mar 7, 2016
$270,000
Property sold
Days on Market: 67
🏠
Listed for Sale
Dec 1, 2015
$279,900
Original listing
Agent: Susan J. Guarino Office: Barrett, Chris. J., REALTORS®

Price & Status History

Date Event Price Change
Jan 25, 2018 Sold $342,500
Dec 1, 2015 New Listing Added $279,900

Market Statistics

Days on Market
66 days
Price per Sq Ft
$244

Tax History

Year Taxes Assessment
2015 $3,052 $207,600

Financial Details

Annual Property Tax
$3,052
Tax Year 2015
HOA Fee
$389
Monthly
Assessed Value
$207,600

Listing Information

Listing Agent Susan J. Guarino
Listing Office Barrett, Chris. J., REALTORS®
Agent MLS ID B9500511
Office MLS ID B50201
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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