1 Summit Drive # 62, Reading MA 01867

Reading, MA 01867

$380,000

Beds

Baths

830

Sq Ft

$458

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Aug 7, 2023 • MLS# 73145597 Copied! • Updated Nov 16, 2023

Track this home for price, status, and open-house alerts.

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

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.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property

$458/sq ft

Area Median

$491/sq ft

Difference

6.7%

This property sold near the area median for similar homes.

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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

14.3%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73397824

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 15, 2025

$420,000

MLS #73397824

View Listing →

✓

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

Date	Event	Price	Change	$/sqft	Details
08/15/2025	🏷️ Previously Sold	$420,000	-	-	MLS #73397824
11/16/2023	✓ Sold	$380,000	-	-	Property sold
08/07/2023	🏠 Listed for Sale	$359,900	-	-	Original listing

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

Parking

Features Off Street, Common

Total Spaces 2

Utilities

Electric 60 Amps/less

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Oven

Financial

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

MA Disclosures

Seller Disclosures None

Additional Details

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

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

830 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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