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1 Summit Dr # 58, Reading MA 01867

Reading, MA 01867
$307,000
2
Beds
2
Baths
1,070
Sq Ft
$287
Price/Sq Ft
1970
Year Built
2
Parking
19
Days on Market
Closed Listed Jun 21, 2016 • MLS# 72026827 Copied! • Updated Aug 16, 2016

Sale Statistics

Sale Overview
Original List Price: $289,000
Final Sale Price: $307,000
Difference: +$18,000 (+6.2%)
Performance Metrics
106.2%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $270
Sale $/sq ft: $287
This property sold for $287 per square foot
Sale Summary

This property sold for 6.2% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

About this home

NOTHING TO DO BUT UNPACK. Rarely available 2 bed, 2 bath unit in the sought after Summit Towers complex. Not only a great place to live, but a great investment opportunity as well. The increasingly rare chance to buy into the red hot Reading market for under $300,000. This spectacular unit has been lovingly maintained by the current owners. One of the best kitchens you will find in the entire complex. It features gleaming hardwoods, tasteful backsplash, handsome granite, recessed lighting, and beautiful cabinetry. Open concept dining/living area leads to a private balcony with a birds-eye view of the trees. Tastefully updated bathrooms include granite-topped vanities and ceramic tile, and the master bedroom has plenty of closet space. Owner has just replaced the heating/cooling units and will be paying off in full for the buyers prior to closing. This one is priced to sell and will not last.

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Recently Sold Nearby

Property History

Market Insights

32.8%
Price Range
24
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73505399
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 23, 2026
$430,000
MLS #73505399
Sold
Aug 15, 2016
$307,000
Property sold
Days on Market: 24
Sold
Aug 15, 2016
$307,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Jun 22, 2016
$289,000
Original listing
Agent: Andrew McCaul Office: Aspen Realty Group LLC
🏠
Listed for Sale
Jun 22, 2016
$289,000
Original listing
Agent: Andrew McCaul

Tax History

Year Taxes Assessment
2016 $3,207 $221,200

Financial Details

Annual Property Tax
$3,207
Tax Year 2016
HOA Fee
$389
Monthly
Assessed Value
$221,200

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,070 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Natural Gas, Unit Control
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Common
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,207
Assessed Value $221,200

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 None
Possession None
Accepted Financing Seller W/participate
Structure Type ["Mid-Rise"]
Unit/Building 58
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 24 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,070 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Room Details

Other Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bedroom5
Bedroom4
Bedroom3
Dining Room
10 x 12
Kitchen
9 x 9
Bathroom2
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bedroom2
10 x 12
Living Room
15 x 16
Bathroom3
Master Bedroom
11 x 16
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Central, Natural Gas, Unit Control
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
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
0.8 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
St. Joseph Elementary School
1.2 mi
Grades PK-08
M

Middle Schools

3 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-
Galvin Middle School
1.5 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
1.8 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
1.5 mi
Grades 09-12
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

1 Summit Dr # 58, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Andrew McCaul
Listing Office Aspen Realty Group LLC
Office Phone 781-342-0500
Agent MLS ID CT008114
Office MLS ID AN1982
Listing Data Updated Aug 16, 2016 9:57 AM EDT
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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