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3 Summit Drive # 26, Reading MA 01867

Reading, MA 01867
$360,000
Est. $2,790/month
2
Beds
2
Baths
1,095
Sq Ft
$329
Price/Sq Ft
1970
Year Built
12
Days on Market
Closed Listed Mar 9, 2020 • MLS# 72630186 Copied!

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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Property Overview

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

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.

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

Parking

Features Off Street, Common
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $4,563
Assessed Value $327,100

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

Location

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Neighborhood

3 Summit Drive # 26, Reading MA 01867

Reading, MA 01867

Walkability

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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
1.7 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
2.0 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.2 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
2.3 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
3.2 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
1.4 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
Arthur W Coolidge Middle School
2.2 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
2.2 mi
Grades 06-12
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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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 $380
Homeowners Insurance $200
HOA Fee $389/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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
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.

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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

Price & Status History

Date Event Price Change
Feb 29, 2024 Sold $460,000
Mar 9, 2020 New Listing Added $365,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$329

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

Listing Information

Listing Office Compass
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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