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2 Summit Dr # 52, Reading MA 01867

Reading, MA 01867
$225,000
Est. $1,866/month
1
Beds
1
Baths
833
Sq Ft
$270
Price/Sq Ft
1970
Year Built
21
Days on Market
Closed Listed Nov 14, 2016 • MLS# 72093129 Copied!

About this home

Walk in and feel the WARMTH of this beautiful and spacious 1BR/1BA unit in a well-desired and sought after complex! Open concept dining & living room area with a 12' long balcony overlooking New England's colorful Fall foliage. Condo Fee includes: HEAT, HOT WATER, WATER, EXT. MAINT, LANDSCAPING, SNOW & REFUSE REMOVAL. Plenty of unassigned pkg; Cat-friendly only! Roof is <10yrs. Conveniently located near 93/95 expressways, shopping and approx. 12mi north of Boston. SHOWINGS BY APPT ONLY begin FRIDAY, 11/18, SAT (12n-2p), SUN (12n-2p)...Any/all offers due Mon, 11/21 by 5pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
833 sq ft
Total Rooms
3
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $215,900
Final Sale Price: $225,000
Difference: +$9,100 (+4.2%)
Performance Metrics
104.2%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $259
Sale $/sq ft: $270
This property sold for $270 per square foot
Sale Summary

This property sold for 4.2% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$270/sq ft
Area Average
$237/sq ft
Difference
+13.9%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 833 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Electric Baseboard, Unit Control, Fan Coil
Cooling Central Air, Unit Control, Fan Coil
Flooring Carpet
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

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

Parking

Features Off Street, Deeded, Common
Total Spaces 2

Utilities

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

Financial

Annual Tax $2,770
Assessed Value $210,500

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Common Area, In Building
Security: Intercom, Security System

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1981
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Electric Baseboard, Unit Control, Fan Coil
Heating Zones: 1
Cooling: Central Air, Unit Control, Fan Coil
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded, Common

Location

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Neighborhood

2 Summit Dr # 52, 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
0.8 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
1.7 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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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 $231
Homeowners Insurance $200
HOA Fee $297/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

4%
Price Range
23
Total Days on Market

Property Timeline

Sold
Jan 17, 2017
$225,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Nov 14, 2016
$215,900
Original listing
Agent: Lisa Dean Office: EXIT Realty Beatrice Associates

Price & Status History

Date Event Price Change
Nov 14, 2016 New Listing Added $215,900

Market Statistics

Days on Market
21 days
Price per Sq Ft
$270

Tax History

Year Taxes Assessment
2016 $2,770 $210,500

Financial Details

Annual Property Tax
$2,770
Tax Year 2016
HOA Fee
$297
Per month
Assessed Value
$210,500

Listing Information

Listing Agent Lisa Dean
Listing Office EXIT Realty Beatrice Associates
Agent MLS ID BB810836
Office MLS ID NB4126
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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Market Analytics for Reading, MA

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