3 Summit Drive # 28, Reading MA 01867

Reading, MA 01867
$285,000
1
Beds
1
Baths
782
Sq Ft
$364
Price/Sq Ft
1970
Year Built
17
Days on Market
Sold Listed Jun 6, 2019 • MLS# 72513904 Copied! • Updated Jul 18, 2019

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Sale Statistics

Sale Overview
Original List Price: $289,000
Final Sale Price: $285,000
Difference: $4,000 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $370
Sale $/sq ft: $364
This property sold for $364 per square foot
Sale Summary

This property sold for 1.4% below the original asking price.

With only 17 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
$364/sq ft
Area Median
$508/sq ft
Difference
28.4%

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

About this home

Why rent when you can own? Conveniently located with easy access to major highways and Reading Depot Commuter Rail. This oversized and updated 1 bedroom Condo has so much to offer. Move in ready, well-managed and association swimming pool. Watch the sunset over the tree tops from the large balcony. Generous Master Bedroom offers plenty of space and can accommodate a King Size Bed. Large 12ft Slider to Balcony adds to living space in summer months. Kitchen and bathroom have tiled flooring and bedroom and living area have hardwood floors. Newer Stainless Range and Overhead Microwave in Kitchen. An added BONUS ****HEAT and HOT WATER are INCLUDED in the CONDO FEE******. Group showings also available by appointment Saturday afternoon; call listing agent.

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Recently Sold Nearby

Property History

Market Insights

36.3%
Price Range
19
Total Days on Market
2
Previous Sales

Property Timeline

Sold
Jul 18, 2019
$285,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jun 6, 2019
$289,000
Original listing
Agent: Mary Ann Quinn Group Office: Premier Realty Group, Inc.
Previous Transaction - MLS #71970606
Full transaction history available when tracking began
🏷️
Previously Sold
May 25, 2016
$222,000
MLS #71970606
Previous Transaction - MLS #71467382
Full transaction history available when tracking began
🏷️
Previously Sold
May 21, 2013
$184,000
MLS #71467382

Tax History

Year Taxes Assessment
2019 $3,451 $242,500

Financial Details

Annual Property Tax
$3,451
Tax Year 2019
HOA Fee
$275
Monthly
Assessed Value
$242,500

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 782 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Natural Gas, Individual, Unit Control, Fan Coil
Cooling Central Air, Unit Control
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave
Fireplace None
Basement N
Laundry Common Area, In Building
Features High Speed Internet

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None
Features Common
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $3,451
Assessed Value $242,500

HOA & Community

HOA Fee $275 Monthly
Fee Includes Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Trash
Amenities Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Sellers
Exclusions Inclusions And Exclusions Sheet Attached
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building 28
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws (4)
County Middlesex
Total market time (incl. prior listings) 19 days

Property Overview

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

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave
Interior Features: High Speed Internet
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, Natural Gas, Individual, Unit Control, Fan Coil
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
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: 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
1.1 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

3 Summit Drive # 28, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Mary Ann Quinn Group
Listing Office Premier Realty Group, Inc.
Office Phone 781-944-4140
Agent MLS ID TM305137
Office MLS ID B95198
Listing Data Updated Jul 18, 2019 10:23 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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