3 Summit Drive # 69, Reading MA 01867

Reading, MA 01867

$342,500

Beds

Baths

1,108

Sq Ft

$309

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Dec 11, 2017 • MLS# 72263133 Copied! • Updated Jan 26, 2018

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Sale Statistics

Sale Overview

Original List Price: $345,000

                            Final Sale Price:
                            $342,500
                        

Difference: $2,500 (-0.7%)

Performance Metrics

99.3%

List to Sale Ratio

Sold below asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $311

                            Sale $/sq ft:
                            $309
                        

This property sold for $309 per square foot

Sale Summary

This property sold for 0.7% below the original asking price.

With only 16 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

$309/sq ft

Area Median

$508/sq ft

Difference

39.2%

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

About this home

Immaculate, well maintained unit in much desired Summit Towers. Enjoy breathtaking views from this 2-BR/2-BA Corner Penthouse level unit in professionally managed building. Entertain with ease from your cabinet packed kitchen that leads to a sun filled front to back dining/ living room featuring sliders to your own private balcony. Down the hall you'll find a second bedroom with over sized closet, an updated full bath, and a master bedroom with its own private bath and large walk-in closet. This tree top unit is nestled in a handy, easy commute location, near downtown with its beautiful restaurants and shops, the commuter rail and all major travel routes. Don't miss the opportunity to live in this great community !!!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

21.7%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Jan 25, 2018

$342,500

Property sold

Days on Market: 18

🏠

Listed for Sale

Dec 11, 2017

$345,000

Original listing

Agent: Anthony Sabatino Office: Boardwalk Real Estate

Previous Transaction - MLS #71937127

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 7, 2016

$270,000

MLS #71937127

View Listing →

Date	Event	Price	Change	$/sqft	Details
01/25/2018	✓ Sold	$342,500	-	-	Property sold
12/11/2017	🏠 Listed for Sale	$345,000	-	-	Original listing
03/07/2016	🏷️ Previously Sold	$270,000	-	-	MLS #71937127

Tax History

Year	Taxes	Assessment
2017	$3,575	$254,800

Financial Details

Annual Property Tax

$3,575

Tax Year 2017

HOA Fee

$389

Monthly

Assessed Value

$254,800

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 5

Interior

Heating Central

Cooling Central Air

Flooring Wood, Tile

Appliances Range, Dishwasher, Microwave, Refrigerator

Fireplace None

Basement N

Laundry Common Area, In Building

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, For Electric Oven

Financial

Annual Tax $3,575

Assessed Value $254,800

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

MA Disclosures

Seller Disclosures Field Card Has Property At 4 Rooms / Unit Is Being Marketed As 5 Rooms Having Open Concept Dining / Living Room

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 69

Sq Ft Source Field Card

Sq Ft Disclosures room sizes are approximate buyer to verify

Documents None

County Middlesex

Total market time (incl. prior listings) 18 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

1,108 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Microwave, Refrigerator

Interior Features:

Windows:

Basement: N

Laundry: Common Area, In Building

Security: Intercom

Construction & Materials

Year Built: 1970

Structure Type: Garden

Exterior Materials: Brick

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central

Cooling: Central Air

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

3 Summit Drive # 69, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Boardwalk Real Estate

Office Phone 781-944-7820

Agent MLS ID CT006277

Office MLS ID B30601

Listing Data Updated Jan 26, 2018 6:00 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

Ask about this property — free, no obligation.