2 Summit Drive # 65, Reading MA 01867

Reading, MA 01867

$365,000

2

Beds

2

Baths

1,118

Sq Ft

$326

Price/Sq Ft

1970

Year Built

2

Parking

Condominium

Type

7

Days on Market

Sold Listed Jan 26, 2019 • MLS# 72446130 Copied! • Updated Mar 31, 2019

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Sale Statistics

Sale Overview

Original List Price: $349,900

Final Sale Price: $365,000

Difference: +$15,100 (+4.3%)

Performance Metrics

104.3%

List to Sale Ratio

Sold above asking price

7

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $313

Sale $/sq ft: $326

This property sold for $326 per square foot

Sale Summary

This property sold for 4.3% above the original asking price, indicating strong buyer demand.

With only 7 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

$326/sq ft

Area Median

$508/sq ft

Difference

35.9%

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

About this home

Rare find in sought after Summit Towers. Don't miss this opportunity to get an updated top floor end unit with seasonal views of Lake Quannapowitt! New laminate flooring, all freshly painted, new doors, updated bathrooms, granite counters, GE stainless steel appliances, all new heating coils, additional storage in basement, convenient to highways shopping and downtown area of Reading. You will also enjoy the private outdoor space provided by the balcony and the use of the in-ground pool on those hot summer days . It is important to mentioned the ample common parking for two cars and guest parking. Condo fee includes all your utilities except for electric and cable bills. As for PETS -- sorry only cats allowed! PLEASE SUBMIT ANY AND ALL OFFERS ON THURS, 1/31/19 BY NOON- text if submitting an offer.

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Recently Sold Nearby

Property History

Market Insights

31.5%

Price Range

8

Total Days on Market

1

Previous Sales

Property Timeline

✓

Sold

Mar 29, 2019

$365,000

Property sold

Days on Market: 8

🏠

Listed for Sale

Jan 26, 2019

$349,900

Original listing

Agent: Patricia DeWolfe Office: Leading Edge Real Estate

Previous Transaction - MLS #72089743

Full transaction history available when tracking began

🏷️

Previously Sold

Jan 27, 2017

$250,000

MLS #72089743

View Listing →

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
03/29/2019	✓ Sold	$365,000	-	-	Property sold
01/26/2019	🏠 Listed for Sale	$349,900	-	-	Original listing
01/27/2017	🏷️ Previously Sold	$250,000	-	-	MLS #72089743

Tax History

Year	Taxes	Assessment
2019	$3,816	$268,200

Financial Details

Annual Property Tax

$3,816

Tax Year 2019

HOA Fee

$405

Monthly

Assessed Value

$268,200

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 1,118 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Central

Cooling Central Air, Fan Coil

Flooring Tile, Laminate

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 Common, Paved

Total Spaces 2

Utilities

Electric 60 Amps/less

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $3,816

Assessed Value $268,200

HOA & Community

HOA Fee $405 Monthly

Fee Includes Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Amenities Hot Water, Pool, Laundry, Elevator(s)

Optional Fee Includes None

Owner-Occupied Units 130

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing Contract

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

Unit/Building 65

Sq Ft Source Field Card

Sq Ft Disclosures Rooms sizes are approximate buyer to verify.

Documents Master Deed (1)

County Middlesex

Total market time (incl. prior listings) 8 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

2

Full Bathrooms

2

Living Area

1,118 sq ft

Total Rooms

5

Stories

1

Entry Level

6

Floor Layout

Interactive room guide Explore Floor Layout 1 level · 14 rooms Open ›

Interior Features

Flooring: Tile, Laminate

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features:

Windows:

Basement: N

Laundry: Common Area, In Building

Security: Intercom

Construction & Materials

Year Built: 1970

Effective Year (Renovated): 1981

Structure Type: Garden, High-Rise

Exterior Materials: Frame

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central

Cooling: Central Air, Fan Coil

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: Common, Paved

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

1.1 mi

Grades PK-08

M

Middle Schools

3 schools

A

Walter S Parker Middle School

1.4 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

1.4 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

1.6 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

2.0 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

2 Summit Drive # 65, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Leading Edge Real Estate

Office Phone 781-944-6060

Agent MLS ID B0308253

Office MLS ID AN4648

Listing Data Updated Mar 31, 2019 9:13 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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BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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