3 Summit Drive # 35, Reading MA 01867

Reading, MA 01867
$371,900
2
Beds
2
Baths
1,086
Sq Ft
$342
Price/Sq Ft
1970
Year Built
20
Days on Market
Sold Listed Sep 24, 2020 • MLS# 72731894 Copied! • Updated Nov 23, 2020

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

This Property
$342/sq ft
Area Median
$508/sq ft
Difference
32.7%

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

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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Recently Sold Nearby

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

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

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
Features Common, Paved
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, Icemaker Connection
Annual Tax $4,463
Assessed Value $319,900

HOA & Community

HOA Fee $390 Monthly
Fee Includes Heat, Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Elevator(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Cats Only Per Rules & Regs. Deeded Storage In Lower Level. Room Measurements Are Approximate.
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building 35
Sq Ft Source Public Record
Documents Rules & Regs, Other (see Remarks)
County Middlesex
Total market time (incl. prior listings) 21 days

Property Overview

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

Floor Layout

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
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
0.9 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-
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
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
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 # 35, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Jan Triglione Team
Listing Office Premier Realty Group, Inc.
Office Phone 781-944-4140
Agent MLS ID TEAM0169
Office MLS ID B95198
Listing Data Updated Nov 23, 2020 9:04 PM EST
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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