Dimensions8 x 6
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
1 Summit Drive # 34, Reading MA 01867
Reading, MA 01867
$290,000
Track this home for price, status, and open-house alerts.
Sale Statistics
Sale Overview
Original List Price:
$295,000
Final Sale Price:
$290,000
Difference:
$5,000 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$361
Sale $/sq ft:
$355
This property sold for $355 per square foot
Sale Summary
This property sold for 1.7% below the original asking price.
With only 4 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
$355/sq ft
Area Median
$508/sq ft
Difference
30.2%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Incredible opportunity for maintenance free living awaits at Summit Towers Condominiums! Own your own home or a great investment! Move right in and enjoy your bright and sunny freshly painted living/dining room boasting slider access to your huge private balcony, perfect for that morning cup of coffee! Cabinet packed kitchen offers newer stainless steel appliances. A spacious bedroom has plush wall to wall carpeting and a huge walk in closet. Plenty of storage! Full bath with tile flooring completes the unit. HOA includes heat and hot water!!! Convenient coin-operated laundry in the basement of the building too! Plenty of parking! Easy commuter access to Routes 128 & 93! Close proximity to downtown Reading featuring commuter rail access, restaurants and shopping!
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
25.4%
Price Range
5
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Dec 16, 2022
$290,000
Property sold
Days on Market: 5
Listed for Sale
Nov 25, 2022
$295,000
Original listing
Agent: Maryellen Russo
Office: Lamacchia Realty, Inc.
Previous Transaction - MLS #72081920
Full transaction history available when tracking began
Previously Sold
Dec 14, 2016
$220,000
MLS #72081920
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/16/2022 | ✓ Sold | $290,000 | - | - | Property sold |
| 11/25/2022 | 🏠 Listed for Sale | $295,000 | - | - | Original listing |
| 12/14/2016 | 🏷️ Previously Sold | $220,000 | - | - | MLS #72081920 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $3,730 | $279,800 |
Financial Details
Annual Property Tax
$3,730
Tax Year 2022
HOA Fee
$356
Monthly
Assessed Value
$279,800
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1970
Living Area
818 sq ft
Bedrooms
1
Full Baths
1
Total Rooms
3
Interior
Heating
Electric, Fan Coil
Cooling
Central Air, Fan Coil
Flooring
Tile, Vinyl, Carpet, Wood Laminate
Appliances
Range, Dishwasher, Microwave, Refrigerator
Fireplace
None
Basement
N
Laundry
In Building
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
Balcony
Pool
Association, In Ground
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Common
Total Spaces
1
Utilities
Electric
Circuit Breakers, 60 Amps/less
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$3,730
Assessed Value
$279,800
HOA & Community
HOA Fee
$356 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Air Conditioning
Amenities
Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyer/agent To Do Due Diligence. Bathtub Needs Refinishing.seller Will Pay The $1, 068 Supplemental Fee (no Special Assessment) At Closing.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Mid-Rise"]
Unit/Building
1-34
Sq Ft Source
Public Record
Sq Ft Disclosures
Measurements are approximate.
Documents
Master Deed, Rules & Regs, Floor Plans (3)
County
Middlesex
Total market time (incl. prior listings)
5 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
818 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Dimensions8 x 15
FeaturesFlooring - Laminate
LevelFirst
Dimensions15 x 10
FeaturesCloset, Flooring - Vinyl, Stainless Steel Appliances
LevelFirst
Dimensions10 x 15
FeaturesFlooring - Laminate, Balcony - Exterior, Cable Hookup, Slider
LevelFirst
Dimensions13 x 15
FeaturesWalk-In Closet(s), Flooring - Wall to Wall Carpet
LevelFirst
FeaturesNo
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, Vinyl, Carpet, Wood Laminate
Appliances:
Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Insulated Windows
Basement:
N
Laundry:
In Building
Security:
Intercom
Construction & Materials
Year Built:
1970
Structure Type:
Mid-Rise
Exterior Materials:
Frame
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Electric, Fan Coil
Heating Zones:
1
Cooling:
Central Air, Fan Coil
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:
1
Parking Features:
Common
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
0.9 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
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
2.3 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
2.4 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
3.3 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
2.3 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
2.3 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
Learn about these ratings
Location
Loading map...
Neighborhood
1 Summit Drive # 34, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Maryellen Russo
Listing Office
Lamacchia Realty, Inc.
Office Phone
978-250-1900
Agent MLS ID
CN212921
Office MLS ID
AN5825
Listing Data Updated
Dec 16, 2022 1:48 PM EST
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.