FeaturesBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
LevelFirst
3 Summit Drive # 26, Reading MA 01867
Reading, MA 01867
$460,000
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Sale Statistics
Sale Overview
Original List Price:
$423,500
Final Sale Price:
$460,000
Difference:
+$36,500 (+8.6%)
Performance Metrics
108.6%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$387
Sale $/sq ft:
$420
This property sold for $420 per square foot
Sale Summary
This property sold for 8.6% above the original asking price, indicating strong buyer demand.
With only 5 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
$420/sq ft
Area Median
$509/sq ft
Difference
17.5%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Welcome to this move-in ready condo located at 3 Summit Drive in Reading. This spacious corner unit offers 2 bedrooms, 2 full bathrooms, and is the epitome of modern comfort and convenience. Step inside to discover a tastefully renovated interior, complete with central air to keep you cool during the warmer months. The primary bedroom boasts a luxurious en-suite bathroom and a walk-in closet, providing a private retreat within the home. The open-concept living and dining area is perfect for entertaining, and the screened-in balcony offers a peaceful outdoor space to enjoy your morning coffee or unwind after a long day. With 2 parking spots included, convenience is at the forefront of this property. The complex itself features an inviting in-ground pool, perfect for enjoying summer days. Additionally, the commuter-friendly location provides easy access to all major highways, making travel a breeze. HEAT & A/C included in condo fee!
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Recently Sold Nearby
Property History
Market Insights
21.7%
Price Range
6
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Feb 29, 2024
$460,000
Property sold
Days on Market: 6
Listed for Sale
Jan 24, 2024
$423,500
Original listing
Agent: Vita Realty Group
Office: Compass
Previous Transaction - MLS #72630186
Full transaction history available when tracking began
Previously Sold
Apr 21, 2020
$360,000
MLS #72630186
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 02/29/2024 | ✓ Sold | $460,000 | - | - | Property sold |
| 01/24/2024 | 🏠 Listed for Sale | $423,500 | - | - | Original listing |
| 04/21/2020 | 🏷️ Previously Sold | $360,000 | - | - | MLS #72630186 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2023 | $5,005 | $397,500 |
Financial Details
Annual Property Tax
$5,005
Tax Year 2023
HOA Fee
$466
Monthly
Assessed Value
$397,500
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1970
Living Area
1,095 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Central, Unit Control
Cooling
Central Air, Unit Control
Flooring
Tile, Engineered Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace
None
Basement
N
Laundry
In Building
Features
Internet Available - Unknown
Exterior
Construction
Brick
Architecture
None
Roof
None
Features
Porch - Screened
Pool
Association, In Ground
Spa
None
Fencing
None
Patio/Porch
Screened
Parking
Features
Off Street, Common
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
Annual Tax
$5,005
Assessed Value
$397,500
HOA & Community
HOA Fee
$466 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
26
Sq Ft Source
Master Deed
Documents
Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County
Middlesex
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,095 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesOpen Floorplan, Lighting - Pendant
LevelFirst
FeaturesCeiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
LevelFirst
FeaturesBathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
LevelFirst
FeaturesCloset
LevelFirst
FeaturesExterior Access, Open Floorplan, Slider
LevelFirst
FeaturesBathroom - Full, Ceiling Fan(s), Walk-In Closet(s)
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
PoolAssociation, In Ground
Patio & porchScreened
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, Refrigerator
Interior Features:
Internet Available - Unknown
Windows:
Insulated Windows
Basement:
N
Laundry:
In Building
Security:
Intercom
Construction & Materials
Year Built:
1970
Structure Type:
Garden
Exterior Materials:
Brick
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central, Unit Control
Heating Zones:
1
Cooling:
Central Air, Unit Control
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch - Screened
Patio & Porch:
Screened
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
6 schools
A
Joshua Eaton School
0.8 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
2.2 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
2.3 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
3.2 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
2.2 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
2.2 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
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Location
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Neighborhood
3 Summit Drive # 26, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Vita Realty Group
Listing Office
Compass
Office Phone
781-219-0313
Agent MLS ID
TM336409
Office MLS ID
AN6433
Listing Data Updated
Mar 1, 2024 9:59 AM 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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