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2 Summit Drive # 24, Reading MA 01867

Reading, MA 01867
$257,900
Est. $2,050/month
1
Beds
1
Baths
818
Sq Ft
$315
Price/Sq Ft
1970
Year Built
19
Days on Market
Closed Listed Jun 7, 2018 • MLS# 72341368 Copied!

About this home

LARGE one bedroom condo unit. Hardwood floor and fresh paint less than one year! Kitchen has enough room to set up a two people sweetheart table as eat-in kitchen option. HUGE twelve-foot slider not just gives you a lot of natural light, but also provide access to a good size of the private balcony. Large walk-in closet with build in organized. In building Laundromat, No assigned parking, but plenty of parking for you and your guests. Lifeguard swimming pool with all the trees around, open from memorial day to labor day is a big plus. Condo fee includes heat and AC, you don't see this often. The dishwasher is not working, the unit sold as is. The condo does not allow public open house, private showing only, easy to show.

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Public Records

Current Owner

Owner PACHECO CHERRI L
Mailing Address 599 SUMMER AVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style RANCH

Tax Information

Assessed Value $673,200
Tax Rate $12.38 per $1,000
Base Tax $8,334
CPA Surcharge 1.5% ($106)
Estimated Annual Tax $8,441

Assessment History

Year Land Building Total Change
FY2026 $410,500 $261,600 $673,200

Sale History

Date Price Book/Page
Sep 12, 2017 $10 69919/388

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (82.1% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
818 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $264,999
Final Sale Price: $257,900
Difference: $7,099 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $324
Sale $/sq ft: $315
This property sold for $315 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

With only 19 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
$315/sq ft
Area Average
$237/sq ft
Difference
+32.8%

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 818 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas, Unit Control
Cooling Central Air, Unit Control
Flooring Laminate, Hardwood, Engineered Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Balcony, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Common, Guest, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,993
Assessed Value $215,800

Interior Features

Flooring: Laminate, Hardwood, Engineered Hardwood
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Unit Control
Heating Zones: 1
Cooling: Central Air, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Common, Guest, Paved

Location

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Neighborhood

2 Summit Drive # 24, 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

6 schools
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
A
Alice M Barrows School
1.6 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
1.9 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.1 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
2.2 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
3.1 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
1.3 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
Arthur W Coolidge Middle School
2.1 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
2.1 mi
Grades 06-12
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 $249
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
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Current Rate
$0/mo
+0.5% Rate
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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

18.6%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jul 30, 2018
$257,900
Property sold
Days on Market: 20
🏠
Listed for Sale
Jun 7, 2018
$257,900
Original listing
Office: Denkar Realty Group
Previous Transaction - MLS #72110968
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 9, 2017
$210,000
MLS #72110968

Price & Status History

Date Event Price Change
Jun 7, 2018 New Listing Added $257,900
Mar 9, 2017 Sold $210,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$315

Tax History

Year Taxes Assessment
2018 $2,993 $215,800

Financial Details

Annual Property Tax
$2,993
Tax Year 2018
HOA Fee
$297
Monthly
Assessed Value
$215,800

Listing Information

Listing Agent Justin Mai
Listing Office Denkar Realty Group
Agent MLS ID CT005457
Office MLS ID AC0429
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

Real-time market trends and pricing data for this area

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