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1 Summit Drive # 62, Reading MA 01867

Reading, MA 01867
$380,000
1
Beds
1
Baths
830
Sq Ft
$458
Price/Sq Ft
1970
Year Built
2
Parking
14
Days on Market
Closed Listed Aug 7, 2023 • MLS# 73145597 Copied! • Updated Nov 16, 2023

Sale Statistics

Sale Overview
Original List Price: $359,900
Final Sale Price: $380,000
Difference: +$20,100 (+5.6%)
Performance Metrics
105.6%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $434
Sale $/sq ft: $458
This property sold for $458 per square foot
Sale Summary

This property sold for 5.6% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

About this home

Enjoy the penthouse view and the amenities this large one bedroom unit has to offer starting with the large, private, screened in balcony off the living room. The kitchen is cabinet packed and has a large island with 2 stools, ceramic tile flooring and a new SS stove! Large bedroom boasts a walk-in closet. The bath was redone a few years ago. The living room is set up so that a dining area can be arranged if the eat in kitchen does not meet your need to accomodate more than two diners! Carpet in living room needs replacement. Other than that, the unit is in move in condition. Additional parking in basement, in-ground pool, new laundry equipment and ample parking are all a 'plus'. Open Houses are NOT allowed. So, make an appointment!

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Recently Sold Nearby

Property History

Market Insights

14.3%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73397824
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 15, 2025
$420,000
MLS #73397824
Sold
Nov 16, 2023
$380,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Aug 7, 2023
$359,900
Original listing
Agent: Kathy Devine Office: ERA Key Realty Services

Tax History

Year Taxes Assessment
2023 $4,082 $324,000

Financial Details

Annual Property Tax
$4,082
Tax Year 2023
HOA Fee
$356
Per month
Assessed Value
$324,000

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 830 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Natural Gas, Unit Control, Fan Coil
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Tar/gravel
Features Balcony
Pool Association
Spa None
Fencing None
Patio/Porch None
Features Off Street, Common
Total Spaces 2
Electric 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $4,082
Assessed Value $324,000

HOA & Community

HOA Fee $356
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 126
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 62
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 15 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
830 sq ft
Total Rooms
3
Stories
1
Entry Level
6

Room Details

Other Floor

Bathroom1
Bathroom - Full, Flooring - Stone/Ceramic Tile
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
9 x 11
Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Bathroom2
Bedroom2
Living Room
16 x 18
Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider
Bathroom3
Master Bedroom
13 x 15
Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Office
Family Room
Master Bathroom
No

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1981
Structure Type: Garden
Exterior Materials: Frame
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Natural Gas, Unit Control, 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 # 62, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Kathy Devine
Listing Office ERA Key Realty Services
Office Phone 978-614-1600
Agent MLS ID B0389168
Office MLS ID AC1820
Listing Data Updated Nov 16, 2023 1:40 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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