Dimensions7 x 5
FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelThird
1 Summit Drive # 38, Reading MA 01867
Reading, MA 01867
$410,000
Track this home for price, status, and open-house alerts.
Sale Statistics
Sale Overview
Original List Price:
$365,000
Final Sale Price:
$410,000
Difference:
+$45,000 (+12.3%)
Performance Metrics
112.3%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$349
Sale $/sq ft:
$392
This property sold for $392 per square foot
Sale Summary
This property sold for 12.3% above the original asking price, indicating strong buyer demand.
With only 6 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
$392/sq ft
Area Median
$508/sq ft
Difference
22.9%
This property sold below the area median, potentially representing good value for the buyer.
About this home
**OHs are NOT allowed at this condo. Please schedule a showing** Highly sought-after Summit Towers offers convenience, comfort and the opportunity to live in RED HOT READING! This unit boasts pristine views from your private, screened-in balcony - this space is like having an additional room! Bright open concept allows for plenty of room to relax & entertain. Updated kitchen with granite countertops, newer SS appliances, tiled backsplash and under-counter lighting affords you the perfect place to cook and entertain. Large master bedroom has updated en-suite, walk-in closet and additional closet. Good sized second bedroom and updated 2nd bath round off this unit. Professionally managed elevator building, ample parking, on site laundry and additional storage available. Beat the heat and relax by the inground pool! Enjoy all Reading has to offer including great schools, shopping, dining, coffee shops & commuter rail. Summit Towers is a commuter’s dream w/nearby access to Routes 95 & 93.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
13.4%
Price Range
7
Total Days on Market
1
Previous Sales
Property Timeline
Sold
May 19, 2022
$410,000
Property sold
Days on Market: 7
Listed for Sale
Apr 13, 2022
$365,000
Original listing
Agent: Lauren O'Brien & Co. Team
Office: Leading Edge Real Estate
Previous Transaction - MLS #72260227
Full transaction history available when tracking began
Previously Sold
Jan 12, 2018
$355,000
MLS #72260227
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/19/2022 | ✓ Sold | $410,000 | - | - | Property sold |
| 04/13/2022 | 🏠 Listed for Sale | $365,000 | - | - | Original listing |
| 01/12/2018 | 🏷️ Previously Sold | $355,000 | - | - | MLS #72260227 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $4,659 | $349,500 |
Financial Details
Annual Property Tax
$4,659
Tax Year 2022
HOA Fee
$429
Monthly
Assessed Value
$349,500
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1970
Living Area
1,047 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Individual, Unit Control
Cooling
Unit Control
Flooring
Tile, Carpet, Laminate
Appliances
None
Fireplace
None
Basement
N
Laundry
In Basement, Common Area, In Building
Features
Internet Available - Unknown, Elevator
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
Balcony
Pool
Association, In Ground
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Assigned
Total Spaces
2
Utilities
Electric
60 Amps/less
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,659
Assessed Value
$349,500
HOA & Community
HOA Fee
$429 Monthly
Fee Includes
Heat, Gas, Water, 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
New Laundry Machines Are Being Installed In April/may. Tub In Master Bath To Be Reglazed Prior To Closing Or Credit Given.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
38
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (5)
County
Middlesex
Total market time (incl. prior listings)
7 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,047 sq ft
Total Rooms
4
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Dimensions12 x 10
FeaturesFlooring - Laminate, Open Floorplan, Lighting - Overhead
LevelThird
Dimensions9 x 9
FeaturesFlooring - Laminate, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances
LevelThird
Dimensions9 x 5
FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelThird
Dimensions12 x 10
FeaturesCloset, Flooring - Wall to Wall Carpet
LevelThird
Dimensions18 x 15
FeaturesFlooring - Laminate, Balcony - Exterior, Open Floorplan, Slider
LevelThird
Dimensions15 x 11
FeaturesBathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet
LevelThird
FeaturesYes
Display Options
Outdoor Areas
PoolAssociation, In Ground
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:
Tile, Carpet, Laminate
Appliances:
Interior Features:
Internet Available - Unknown, Elevator
Windows:
Basement:
N
Laundry:
In Basement, Common Area, In Building
Security:
Intercom
Construction & Materials
Year Built:
1970
Effective Year (Renovated):
1981
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Individual, Unit Control
Heating Zones:
1
Cooling:
Unit Control
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, Assigned
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
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
A-
Robin Hood School
1.1 mi
|
#248 of 824
|
Score: 52.5
Improved 194 spots from last year
-5.8 below state avg
380 students
Moderate
Rising School
Grades K-04
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
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
Learn about these ratings
Location
Loading map...
Neighborhood
1 Summit Drive # 38, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Lauren O'Brien & Co. Team
Listing Office
Leading Edge Real Estate
Office Phone
781-944-6060
Agent MLS ID
TM347568
Office MLS ID
AN4648
Listing Data Updated
May 19, 2022 1:09 PM 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
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Reading.