2 Summit Drive # 36, Reading MA 01867

Reading, MA 01867

$440,000

Beds

Baths

1,087

Sq Ft

$405

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jul 1, 2024 • MLS# 73259409 Copied! • Updated Aug 24, 2024

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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

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.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property

$405/sq ft

Area Median

$481/sq ft

Difference

15.8%

This property sold below the area median, potentially representing good value for the buyer.

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!!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

4.3%

Price Range

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

Date	Event	Price	Change	$/sqft	Details
08/23/2024	✓ Sold	$440,000	-	-	Property sold
07/01/2024	🏠 Listed for Sale	$459,900	-	-	Original listing

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

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 $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

MA Disclosures

Seller Disclosures None

Additional Details

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

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

1,087 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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

Nearby Schools

School information not available for this location.

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.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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