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2 Summit Drive # 36, Reading MA 01867

Reading, MA 01867
$440,000
2
Beds
2
Baths
1,087
Sq Ft
$405
Price/Sq Ft
1970
Year Built
2
Parking
16
Days on Market
Closed Listed Jul 1, 2024 • MLS# 73259409 Copied! • Updated Aug 24, 2024

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.

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!!

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Recently Sold Nearby

Property History

Market Insights

4.3%
Price Range
18
Total Days on Market

Property Timeline

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

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,087 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

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

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None
Features Off Street, Common
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $4,587
Assessed Value $391,400

HOA & Community

HOA Fee $485
Fee Includes Heat, Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Hot Water, Pool, Laundry, Elevator(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 36
Sq Ft Source Field Card
Documents Master Deed, Unit Deed (2)
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

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

Room Details

Third Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Dining Room
Flooring - Wall to Wall Carpet
Kitchen
Flooring - Stone/Ceramic Tile
Bathroom2
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bedroom2
Flooring - Wall to Wall Carpet
Living Room
Flooring - Wall to Wall Carpet, Balcony - Exterior
Master Bedroom
Walk-In Closet(s), Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

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

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1981
Structure Type: Garden
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Fan Coil
Heating Zones: 1
Cooling: Central Air
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
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
E

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
M

Middle Schools

3 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-
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
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
H

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
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Location

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Neighborhood

2 Summit Drive # 36, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Kathy Devine
Listing Office Dvine1 Real Estate
Office Phone 617-957-2998
Agent MLS ID B0389168
Office MLS ID AN8557
Listing Data Updated Aug 24, 2024 5:12 AM 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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