3 Summit Drive # 28, Reading MA 01867

Reading, MA 01867

$222,000

1

Beds

1

Baths

782

Sq Ft

$284

Price/Sq Ft

1970

Year Built

2

Parking

Condominium

Type

9

Days on Market

Sold Listed Mar 11, 2016 • MLS# 71970606 Copied! • Updated Jun 13, 2016

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Sale Statistics

Sale Overview

Original List Price: $220,000

                            Final Sale Price:
                            $222,000
                        

Difference: +$2,000 (+0.9%)

Performance Metrics

100.9%

List to Sale Ratio

Sold above asking price

9

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $281

                            Sale $/sq ft:
                            $284
                        

This property sold for $284 per square foot

Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property

$284/sq ft

Area Median

$508/sq ft

Difference

44.1%

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

About this home

As large as some 2 bedroom units, this one is conveniently located to major highways and the commuter rail. Both the bath and kitchen have been updated. The eat-in kitchen featuring newer cabinets and countertops, some under-cabinet lighting and a new double ss stove and microwave. Off the living room via a replaced 12' slider is a screened in balcony for expanding your living space and enjoying the summer with a treetop view and privacy. Wood floor in both bedroom and living room. Bedroom easily accommodates a king size bed. California closet in bedroom. Large coat and linen closets. Bathroom has beautiful tile walls and floor. The low condo fee includes HEAT, WATER, HOT WATER, A/C, common area maintenance, snow removal, landscaping. Additional storage. Buy now and enjoy the association pool this summer! well managed and maintained. High owner occupancy, good reserves. Elevator building with easy access. No special assessments in place or planned for 2016.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

35.4%

Price Range

11

Total Days on Market

2

Previous Sales

Property Timeline

Previous Transaction - MLS #72513904

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 18, 2019

$285,000

MLS #72513904

View Listing →

✓

Sold

May 25, 2016

$222,000

Property sold

Days on Market: 11

🏠

Listed for Sale

Mar 11, 2016

$220,000

Original listing

Agent: Kathy Devine Office: Realty World Advantage

Previous Transaction - MLS #71467382

Full transaction history available when tracking began

🏷️

Previously Sold

May 21, 2013

$184,000

MLS #71467382

View Listing →

Date	Event	Price	Change	$/sqft	Details
07/18/2019	🏷️ Previously Sold	$285,000	-	-	MLS #72513904
05/25/2016	✓ Sold	$222,000	-	-	Property sold
03/11/2016	🏠 Listed for Sale	$220,000	-	-	Original listing
05/21/2013	🏷️ Previously Sold	$184,000	-	-	MLS #71467382

Tax History

Year	Taxes	Assessment
2015	$2,745	$186,700

Financial Details

Annual Property Tax

$2,745

Tax Year 2015

HOA Fee

$275

Monthly

Assessed Value

$186,700

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 782 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Central, Natural Gas, Individual, Unit Control, Fan Coil

Cooling Central Air

Flooring Wood, Tile

Appliances Range, Dishwasher, Disposal, Refrigerator

Fireplace None

Basement N

Laundry Common Area, In Building

Features None

Exterior

Construction Frame

Architecture None

Roof Rubber

Features Balcony

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 $2,745

Assessed Value $186,700

HOA & Community

HOA Fee $275 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 134

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures Room Sizes Approximate

Additional Details

Possession None

Accepted Financing Other (see Remarks)

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

Unit/Building 28

Sq Ft Source Master Deed

Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws (4)

County Middlesex

Total market time (incl. prior listings) 11 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

1

Full Bathrooms

1

Living Area

782 sq ft

Total Rooms

3

Stories

1

Entry Level

2

Floor Layout

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features:

Windows:

Basement: N

Laundry: Common Area, In Building

Security:

Construction & Materials

Year Built: 1970

Effective Year (Renovated): 1981

Structure Type: Garden, Mid-Rise

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: Balcony

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street, Common

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Location

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Neighborhood

3 Summit Drive # 28, Reading MA 01867

Reading, MA 01867

Contact Us

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Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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