3 Summit # 47, Reading MA 01867

Reading, MA 01867
$250,000
1
Beds
1
Baths
806
Sq Ft
$310
Price/Sq Ft
1970
Year Built
2
Parking
3
Days on Market
Sold Listed Jul 25, 2019 • MLS# 72539732 Copied! • Updated Sep 13, 2019

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Sale Statistics

Sale Overview
Original List Price: $250,000
Final Sale Price: $250,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $310
Sale $/sq ft: $310
This property sold for $310 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 3 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
$310/sq ft
Area Median
$508/sq ft
Difference
39.0%

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

About this home

3 Summit Drive unit 47 is an upper level unit with views of Lake quannapowit from the living room / screened balcony. Featuring a large bedroom, kitchen and full bath this unit is ideal for the 1st time home buyer, downsizer, and or investor. perfect rental alternative at this price. This is one of the larger 1 bedroom floor plan layouts in the building. Heat and Hot Water included in the condo fee. Building 3 is in close proximity to the swimming pool.

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Recently Sold Nearby

Property History

Market Insights

4
Total Days on Market

Property Timeline

Sold
Sep 13, 2019
$250,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Jul 25, 2019
$250,000
Original listing
Agent: The Leva Group Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2019 $2,894 $203,400

Financial Details

Annual Property Tax
$2,894
Tax Year 2019
HOA Fee
$275
Monthly
Assessed Value
$203,400

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 806 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Porch - Screened, Covered Patio/deck, Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch Screened, Covered
Features Off Street, Common, Guest, Paved
Total Spaces 2
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $2,894
Assessed Value $203,400

HOA & Community

HOA Fee $275 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building 47
Sq Ft Source Field Card
Documents Master Deed, Rules & Regs, Management Association Bylaws (3)
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
806 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Floor Layout

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security:

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1981
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Screened, Covered Patio/Deck, Balcony, City View(s)
Patio & Porch: Screened, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Special Features

View: Yes
View Type: City
Community Amenities:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

3 Summit # 47, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent The Leva Group
Listing Office Gibson Sotheby's International Realty
Office Phone 617-242-4222
Agent MLS ID TM321211
Office MLS ID BB9059
Listing Data Updated Sep 13, 2019 5:10 PM 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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