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3 Summit Drive # 35, Reading MA 01867

Reading, MA 01867
$371,900
Est. $2,842/month
2
Beds
2
Baths
1,086
Sq Ft
$342
Price/Sq Ft
1970
Year Built
20
Days on Market
Closed Listed Sep 24, 2020 • MLS# 72731894 Copied!

About this home

The recently updated, 2 bedroom, 2 full bath condo you’ve been waiting for has arrived! Conveniently located in Reading’s wonderfully maintained Summit Towers, this unit has it all. With newer cabinet doors & drawers, engineered quartz countertops, stainless steel Kenmore Elite appliances & subway tile, the kitchen is a cook’s dream and looks amazing! And w/ a large dining area right off the kitchen, entertaining is a breeze. The spacious living room with recessed lighting and a 12 foot slider that opens out to your large, screened-in balcony creates a unique indoor/outdoor space that is rarely found in a condo. Lovely Master Suite w/ a walk-in closet, ceiling fan & updated en suite full bathroom provides privacy & luxury. The 2nd updated full bath is right outside the large 2nd bedroom which has also served as a fantastic home office during the seller’s ownership. Other perks include upgraded heat and air conditioning units, newer flooring, pool, ample parking with 2 spaces & storage.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,086 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $371,900
Difference: +$2,000 (+0.5%)
Performance Metrics
100.5%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $341
Sale $/sq ft: $342
This property sold for $342 per square foot
Sale Summary

This property sold for 0.5% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$342/sq ft
Area Average
$237/sq ft
Difference
+44.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,086 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Porch - Screened
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Screened

Parking

Features Common, Paved

Utilities

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

Financial

Annual Tax $4,463
Assessed Value $319,900

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Porch - Screened
Patio & Porch: Screened
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Common, Paved

Location

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Neighborhood

3 Summit Drive # 35, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

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 $372
Homeowners Insurance $200
HOA Fee $390/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.

Property History

Market Insights

32.8%
Price Range
21
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Nov 23, 2020
$371,900
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 24, 2020
$369,900
Original listing
Agent: Jan Triglione Team Office: Premier Realty Group, Inc.
Previous Transaction - MLS #71612460
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 29, 2014
$250,000
MLS #71612460

Price & Status History

Date Event Price Change
Sep 24, 2020 New Listing Added $369,900
Jan 29, 2014 Sold $250,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$342

Tax History

Year Taxes Assessment
2020 $4,463 $319,900

Financial Details

Annual Property Tax
$4,463
Tax Year 2020
HOA Fee
$390
Monthly
Assessed Value
$319,900

Listing Information

Listing Agent Jan Triglione Team
Listing Office Premier Realty Group, Inc.
Agent MLS ID TEAM0169
Office MLS ID B95198
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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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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