3 Summit Drive # 26, Reading MA 01867

Reading, MA 01867
$360,000
2
Beds
2
Baths
1,095
Sq Ft
$329
Price/Sq Ft
1970
Year Built
2
Parking
12
Days on Market
Sold Listed Mar 8, 2020 • MLS# 72630186 Copied! • Updated Apr 22, 2020

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Sale Statistics

Sale Overview
Original List Price: $365,000
Final Sale Price: $360,000
Difference: $5,000 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $333
Sale $/sq ft: $329
This property sold for $329 per square foot
Sale Summary

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

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$329/sq ft
Area Median
$509/sq ft
Difference
35.3%

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

About this home

Move-in ready 2 bdrm 2 bath corner unit at Summit Towers! Surprisingly spacious, this beautifully updated condo lives large! The bright eat-in kitchen features white cabinets, tile floor, granite counter tops & stainless steel appliances! Both bathrooms have been updated as well, offering new flooring, vanities, Quartz counter tops, & the master has a walk-in shower! Good sized closets too, the master offers a large walk-in & the 2nd bdrm has a double. The private screened-in balcony over looks a bank of trees & plays as another room for 3 seasons, and there's a nice pool to enjoy in the summer! Other updates throughout the years include: new windows, new slider, new screens on balcony, new heating coils, new paneled doors & all new engineered wood floors throughout! There's plenty of guest parking & the HOA fee includes heat/AC ! Great commuting location too, Rts. 128 & 93 are easily accessible...Everything is done here, nothing to do but unpack & relax!

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Recently Sold Nearby

Property History

Market Insights

21.7%
Price Range
14
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73196178
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 29, 2024
$460,000
MLS #73196178
Sold
Apr 21, 2020
$360,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Mar 9, 2020
$365,000
Original listing
Agent: Lorraine Gately Office: Compass

Tax History

Year Taxes Assessment
2020 $4,563 $327,100

Financial Details

Annual Property Tax
$4,563
Tax Year 2020
HOA Fee
$389
Monthly
Assessed Value
$327,100

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,095 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Natural Gas, Unit Control
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry First Floor, Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony, Screens
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None
Features Off Street, Common
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $4,563
Assessed Value $327,100

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)
Optional Fee Includes None
Owner-Occupied Units 136
Pets Yes w/ Restrictions
Seller Disclosures Buyers To Do Their Own Due Diligence. Great North Property Management . All Measurements Approximate. Broker Is Related To The Seller.
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building 26
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 14 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,095 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Screens
Basement: N
Laundry: First Floor, Common Area, In Building
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, 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 # 26, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office Compass
Office Phone 617-206-3333
Agent MLS ID B0545101
Office MLS ID AN2383
Listing Data Updated Apr 22, 2020 9:46 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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