2 Summit Drive # 36, Reading MA 01867

Reading, MA 01867
$440,000
Est. $2,342/month
2
Beds
2
Baths
1,087
Sq Ft
$405
Price/Sq Ft
1970
Year Built
Condominium
Type
16
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73259409

About this home

Just in time to enjoy the in-ground pool! This two bedroom unit needs some updates, but with its screened in balcony off the living room with a large, built-in bookcase and closets with organizer systems, it's well worth it! The floor plan is great for entertaining with its large living/dining room combo. When not entertaining, the kitchen is quite roomy, even with a table and chairs. The 56" wall mounted TV will remain. There's ample parking, The condo fee includes heat. Elevator building. On-site laundry.Open houses are not allowed. Make an appointment!!

Sale Statistics

Sale Overview
Original List Price: $459,900
Final Sale Price: $440,000
Difference: $19,900 (-4.3%)
Performance Metrics
95.7%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $423
Sale $/sq ft: $405
This property sold for $405 per square foot
Sale Summary

This property sold for 4.3% below the original asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,087 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Interior Features

Flooring
Tile, Carpet
Heating
Central, Fan Coil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features
In Basement, Common Area, In Building
Basement Details
N

Exterior & Structure

Construction Materials
Brick
Roof
Rubber
Exterior Features
Balcony
Has Spa
No
Pool Features
Association, In Ground
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Common

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Shopping, Pool
HOA Fee
$485
Association Amenities
Hot Water, Pool, Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,587
Tax Year
2024
Tax Assessed Value
$391,400
Zoning
A80

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Towers Condominium
Common Walls
Corner

Location

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Neighborhood

2 Summit Drive # 36, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $382
Homeowners Insurance $200
HOA Fee $485
PMI $0

Property History

Market Insights

4.3%
Price Range
18
Total Days on Market

Property Timeline

âś“
Sold
Aug 23, 2024
$440,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Jul 1, 2024
$459,900
Original listing
Agent: Kathy Devine Office: Dvine1 Real Estate

Price & Status History

Date Event Price Change
Jul 1, 2024 New Listing Added $459,900 —

Market Statistics

Days on Market
16 days
Price per Sq Ft
$405

Tax History

Year Taxes Assessment
2024 $4,587 $391,400

Financial Details

Annual Property Tax
$4,587
Tax Year 2024
HOA Fee
$485
Per month
Assessed Value
$391,400

Listing Information

Listing Agent Kathy Devine
Listing Office Dvine1 Real Estate
Agent MLS ID B0389168
Office MLS ID AN8557

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