1 Summit Drive # 24, Reading MA 01867

Reading, MA 01867

$296,000

Beds

Baths

816

Sq Ft

$363

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed May 24, 2020 • MLS# 72661070 Copied! • Updated Jul 3, 2020

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Sale Statistics

Sale Overview

Original List Price: $285,000

                            Final Sale Price:
                            $296,000
                        

Difference: +$11,000 (+3.9%)

Performance Metrics

103.9%

List to Sale Ratio

Sold above asking price

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $349

                            Sale $/sq ft:
                            $363
                        

This property sold for $363 per square foot

Sale Summary

This property sold for 3.9% above the original asking price, indicating strong buyer demand.

The property spent 37 days on market before selling.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property

$363/sq ft

Area Median

$508/sq ft

Difference

28.6%

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

About this home

SPACIOUS (816') unit is an excellent opportunity to own at the desirable Summit Towers Condominium complex. This LARGE one bedroom condo unit with hardwood floors has an over sized Living room with HUGE twelve-foot slider doors that do not just give you a lot of natural light, but also provide access to your own private balcony. Nicely updated kitchen, and enough room to set up a two-person sweetheart table as an eat-in kitchen option. Large walk-in closet with built-in organizer. New fan coil heating/AC unit installed in 2016. In-building Laundromat. Well maintained Swimming pool with many trees around, open from memorial day to labor day is a big plus. Condo fee includes: HEAT, HOT WATER, LANDSCAPING, PARKING, SNOW REMOVAL and POOL! In addition to the convenience of the complex to Rtes 128 and 93. Common areas have recently been upgraded. Last condo fee increase was 2009. Roofs on all three buildings under 10 years old. Ample parking, additional storage, elevator building.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

41.9%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73515356

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 10, 2026

$370,000

MLS #73515356

View Listing →

✓

Sold

Jul 1, 2020

$296,000

Property sold

Days on Market: 22

🏠

Listed for Sale

May 24, 2020

$285,000

Original listing

Agent: Sandy Habashy Office: LAER Realty Partners

Previous Transaction - MLS #71936273

Full transaction history available when tracking began

🏷️

Previously Sold

Feb 19, 2016

$215,000

MLS #71936273

View Listing →

Date	Event	Price	Change	$/sqft	Details
07/10/2026	🏷️ Previously Sold	$370,000	-	-	MLS #73515356
07/01/2020	✓ Sold	$296,000	-	-	Property sold
05/24/2020	🏠 Listed for Sale	$285,000	-	-	Original listing
02/19/2016	🏷️ Previously Sold	$215,000	-	-	MLS #71936273

Tax History

Year	Taxes	Assessment
2019	$3,280	$233,900

Financial Details

Annual Property Tax

$3,280

Tax Year 2019

HOA Fee

$297

Monthly

Assessed Value

$233,900

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 816 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Central

Cooling Central Air

Flooring Tile, Carpet, Vinyl / Vct

Appliances Range, Dishwasher, Refrigerator, Freezer

Fireplace None

Basement N

Laundry In Basement, Common Area, In Building

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $3,280

Assessed Value $233,900

HOA & Community

HOA Fee $297 Monthly

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

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

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 24

Sq Ft Source Public Record

Documents None

County Middlesex

Total market time (incl. prior listings) 22 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

816 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Carpet, Vinyl / VCT

Appliances: Range, Dishwasher, Refrigerator, Freezer

Interior Features:

Windows:

Basement: N

Laundry: In Basement, Common Area, In Building

Security:

Construction & Materials

Year Built: 1970

Effective Year (Renovated): 1981

Structure Type: Garden

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central

Cooling: Central Air

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

1 Summit Drive # 24, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Office LAER Realty Partners

Office Phone 781-272-8100

Agent MLS ID CN212466

Office MLS ID AN1207

Listing Data Updated Jul 3, 2020 6:30 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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