3 Summit Drive # 69, Reading MA 01867

Reading, MA 01867
$270,000
2
Beds
2
Baths
1,108
Sq Ft
$244
Price/Sq Ft
1970
Year Built
2
Parking
66
Days on Market
Sold Listed Dec 1, 2015 • MLS# 71937127 Copied! • Updated Mar 8, 2016

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

This Property
$244/sq ft
Area Median
$508/sq ft
Difference
52.0%

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

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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Recently Sold Nearby

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®

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

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
Features Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,052
Assessed Value $207,600

HOA & Community

HOA Fee $389 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Laundry, Elevator(s), Storage
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Living And Bedroom Furniture Negotiable. Please Allow 48 Hours On All Offers.
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building 69
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 67 days

Property Overview

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

Floor Layout

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
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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Location

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Neighborhood

3 Summit Drive # 69, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Barrett, Chris. J., REALTORS®
Office Phone 781-245-5011
Agent MLS ID B9500511
Office MLS ID B50201
Listing Data Updated Mar 8, 2016 4:07 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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