FeaturesCloset, Flooring - Hardwood
LevelFirst
2 Summit Drive # 49, Reading MA 01867
Reading, MA 01867
$400,000
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Sale Statistics
Sale Overview
Original List Price:
$369,000
Final Sale Price:
$400,000
Difference:
+$31,000 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$331
Sale $/sq ft:
$358
This property sold for $358 per square foot
Sale Summary
This property sold for 8.4% 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 7 similar properties sold within 0.5 miles in the last 90 days
This Property
$358/sq ft
Area Median
$508/sq ft
Difference
29.6%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Outstanding condominium at desirable Summit Towers. This rare and desirable 1116+ sq. ft. residence on 4th floor has 2 bedrooms and 2. full bathrooms with gorgeous views . This updated kitchen opens to family room and dining room/that goes to exterior Balcony which gets lots of natural sunlight. with great views. Enjoy the master bedroom suite with large Walk in closet and bathroom. Spacious second bedroom with generous closet space. Large entryway with additional closet space throughout. Professionally managed building w/ elevator, parking laundry & in-ground pool,showings begin on Friday 2;00-3;00 & Sunday 11;00-12;00 They do not have open houses here.... But i will be there
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
37.5%
Price Range
22
Total Days on Market
3
Previous Sales
Property Timeline
Sold
Nov 12, 2021
$400,000
Property sold
Days on Market: 22
Listed for Sale
Sep 22, 2021
$369,000
Original listing
Agent: Louise Touchette
Office: Coldwell Banker Realty - Lynnfield
Previous Transaction - MLS #72108781
Full transaction history available when tracking began
Previously Sold
Mar 10, 2017
$320,000
MLS #72108781
Previous Transaction - MLS #71240934
Full transaction history available when tracking began
Previously Sold
Jul 11, 2011
$250,000
MLS #71240934
Previous Transaction - MLS #70339274
Full transaction history available when tracking began
Previously Sold
Mar 29, 2006
$273,000
MLS #70339274
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/12/2021 | ✓ Sold | $400,000 | - | - | Property sold |
| 09/22/2021 | 🏠 Listed for Sale | $369,000 | - | - | Original listing |
| 03/10/2017 | 🏷️ Previously Sold | $320,000 | - | - | MLS #72108781 |
| 07/11/2011 | 🏷️ Previously Sold | $250,000 | - | - | MLS #71240934 |
| 03/29/2006 | 🏷️ Previously Sold | $273,000 | - | - | MLS #70339274 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $4,771 | $345,500 |
Financial Details
Annual Property Tax
$4,771
Tax Year 2021
HOA Fee
$425
Monthly
Assessed Value
$345,500
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1979
Living Area
1,116 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Central, Unit Control, Fan Coil
Cooling
Central Air, Unit Control, Fan Coil
Flooring
Hardwood
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
N
Laundry
In Building
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
Balcony, Screens
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Common, Guest, Paved
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,771
Assessed Value
$345,500
HOA & Community
HOA Fee
$425 Monthly
Fee Includes
Heat, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning
Amenities
Hot Water, Pool, Laundry, Elevator(s), Storage
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
No Open Housesbut Showings Begin Fri 2;00
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
49
Sq Ft Source
Other
Documents
Floor Plans (1)
County
Middlesex
Total market time (incl. prior listings)
22 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1979
Bedrooms
2
Full Bathrooms
2
Living Area
1,116 sq ft
Total Rooms
5
Stories
1
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
LevelFirst
FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelFirst
FeaturesBathroom - Full, Flooring - Hardwood
LevelFirst
FeaturesFlooring - Hardwood, Balcony - Exterior
LevelFirst
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Screens
Basement:
N
Laundry:
In Building
Security:
Intercom
Construction & Materials
Year Built:
1979
Structure Type:
Garden
Exterior Materials:
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central, Unit Control, Fan Coil
Heating Zones:
1
Cooling:
Central Air, Unit Control, Fan Coil
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, Guest, Paved
Nearby Schools
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
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
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
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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Location
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Neighborhood
2 Summit Drive # 49, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Office
Coldwell Banker Realty - Lynnfield
Office Phone
781-334-5700
Agent MLS ID
C9501348
Office MLS ID
AN6219
Listing Data Updated
Nov 16, 2021 7:24 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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