Dimensions10 x 12
FeaturesFlooring - Hardwood
LevelSecond
1 Summit Drive # 26, Reading MA 01867
Reading, MA 01867
$432,000
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Sale Statistics
Sale Overview
Original List Price:
$420,000
Final Sale Price:
$432,000
Difference:
+$12,000 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$384
Sale $/sq ft:
$395
This property sold for $395 per square foot
Sale Summary
This property sold for 2.9% above the original asking price, indicating strong buyer demand.
With only 7 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
$395/sq ft
Area Median
$508/sq ft
Difference
22.3%
This property sold below the area median, potentially representing good value for the buyer.
About this home
You'll be able to move right in to this freshly painted second floor unit at desirable Summit Towers. The unit features gleaming hardwood floors and six panel doors. The slider from the living room leads to the tile floored balcony which is large enough for a table and four chairs. If you want to enjoy less formal meals in the kitchen instead of utilizing the ample dining area, there's room to work AND eat in the kitchen with it's beautiful tiled floor, European cabinets and tile counters and backsplash. Both the primary and secondary full bath are showroom beautiful! The main bedroom's walk-in closet is cedar lined. Buy now and enjoy the pool come Memorial Day!! Plenty of parking, additional storage unit. Condo fee INCLUDES HEAT, water, hot water, etc. Open Houses are NOT allowed so make an appointment! Showings begin Sat. March 18.
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Property History
Market Insights
2.8%
Price Range
9
Total Days on Market
Property Timeline
Sold
Apr 14, 2023
$432,000
Property sold
Days on Market: 9
Listed for Sale
Mar 16, 2023
$420,000
Original listing
Agent: Kathy Devine
Office: ERA Key Realty Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/14/2023 | ✓ Sold | $432,000 | - | - | Property sold |
| 03/16/2023 | 🏠 Listed for Sale | $420,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $4,554 | $341,600 |
Financial Details
Annual Property Tax
$4,554
Tax Year 2022
HOA Fee
$485
Per month
Assessed Value
$341,600
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1970
Living Area
1,094 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Central, Natural Gas, Fan Coil
Cooling
Central Air, Fan Coil
Flooring
Tile, Engineered Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave
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
$4,554
Assessed Value
$341,600
HOA & Community
HOA Fee
$485
Fee Includes
Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Air Conditioning, Reserve Funds
Amenities
Hot Water, Pool, Laundry, Elevator(s), Storage
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
["Garden","Mid-Rise"]
Unit/Building
26
Sq Ft Source
Field Card
Sq Ft Disclosures
room sizes approximate
Documents
Master Deed, Rules & Regs (2)
County
Middlesex
Total market time (incl. prior listings)
9 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,094 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Dimensions10 x 10
FeaturesFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
LevelSecond
Dimensions10 x 12
FeaturesFlooring - Hardwood
LevelSecond
Dimensions15 x 16
FeaturesFlooring - Hardwood, Balcony - Exterior, Slider
LevelSecond
Dimensions11 x 16
FeaturesWalk-In Closet(s), Flooring - Hardwood
LevelSecond
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower
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, Engineered Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave
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, Natural Gas, Fan Coil
Heating Zones:
1
Cooling:
Central Air, Fan Coil
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 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
St. Joseph Elementary School
1.1 mi
Grades PK-08
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
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Neighborhood
1 Summit Drive # 26, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Kathy Devine
Agent MLS ID
B0389168
Office MLS ID
AN2773
Listing Data Updated
Apr 14, 2023 4:21 PM EDT
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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