1 Summit Drive # 21, Reading MA 01867

Reading, MA 01867

$365,000

Beds

Baths

1,095

Sq Ft

$333

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Aug 6, 2021 • MLS# 72877661 Copied! • Updated Sep 30, 2021

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Sale Statistics

Sale Overview

Original List Price: $355,000

                            Final Sale Price:
                            $365,000
                        

Difference: +$10,000 (+2.8%)

Performance Metrics

102.8%

List to Sale Ratio

Sold above asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $324

                            Sale $/sq ft:
                            $333
                        

This property sold for $333 per square foot

Sale Summary

This property sold for 2.8% above the original asking price, indicating strong buyer demand.

With only 17 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

$333/sq ft

Area Median

$508/sq ft

Difference

34.5%

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

About this home

This is your opportunity to live in a spacious, well laid out condo in a super convenient location. The kitchen in this corner unit has been updated with many cabinets having pull out bins and shelves for optimum access as well as granite countertops and stainless appliances. There's plenty of room for a dining area adjoining the living room with its access to the oversized balcony. The master bedroom has a large walk-in closet and has an en-suit bath with beautiful cherry vanity and medicine cabinet.No smoking in common areas. Additional storage unit. In-building laundry, elevator, in ground pool and plenty of parking. OPEN HOUSES ARE NOT ALLOWED. Back-to-back accompanied showings will be arranged starting Sunday, August 7 from noon to 2:00 p.m.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

2.7%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Sep 29, 2021

$365,000

Property sold

Days on Market: 18

🏠

Listed for Sale

Aug 6, 2021

$355,000

Original listing

Agent: Kathy Devine Office: ERA Key Realty Services

Date	Event	Price	Change	$/sqft	Details
09/29/2021	✓ Sold	$365,000	-	-	Property sold
08/06/2021	🏠 Listed for Sale	$355,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2021	$4,405	$319,000

Financial Details

Annual Property Tax

$4,405

Tax Year 2021

HOA Fee

$425

Per month

Assessed Value

$319,000

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 4

Interior

Heating Central, Forced Air, Natural Gas, Fan Coil

Cooling Central Air

Flooring Tile, Carpet

Appliances Range, Dishwasher, Disposal, Refrigerator

Fireplace None

Basement N

Laundry In Building

Features None

Exterior

Construction Frame

Architecture None

Roof Rubber

Features Balcony

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street, Common

Total Spaces 2

Utilities

Electric Circuit Breakers, 60 Amps/less

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $4,405

Assessed Value $319,000

HOA & Community

HOA Fee $425

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

Owner-Occupied Units 130

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden","Mid-Rise"]

Unit/Building 21

Sq Ft Source Public Record

Sq Ft Disclosures Room sizes approximate

Documents Master Deed (1)

County Middlesex

Total market time (incl. prior listings) 18 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

1,095 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Carpet

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features:

Windows:

Basement: N

Laundry: In Building

Security: Intercom

Construction & Materials

Year Built: 1970

Effective Year (Renovated): 1981

Structure Type: Garden, Mid-Rise

Exterior Materials: Frame

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas, Fan Coil

Heating Zones: 1

Cooling: Central Air

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street, Common

Nearby Schools

School information not available for this location.

Location

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Neighborhood

1 Summit Drive # 21, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Kathy Devine

Agent MLS ID B0389168

Office MLS ID AN2773

Listing Data Updated Sep 30, 2021 7:58 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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