2 Summit Dr # 34, Reading MA 01867

Reading, MA 01867

$385,000

Beds

Baths

816

Sq Ft

$472

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Nov 20, 2024 • MLS# 73314257 Copied! • Updated Dec 20, 2024

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Sale Statistics

Sale Overview

Original List Price: $359,900

                            Final Sale Price:
                            $385,000
                        

Difference: +$25,100 (+7.0%)

Performance Metrics

107.0%

List to Sale Ratio

Sold above asking price

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $441

                            Sale $/sq ft:
                            $472
                        

This property sold for $472 per square foot

Sale Summary

This property sold for 7.0% above the original asking price, indicating strong buyer demand.

With only 6 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

$472/sq ft

Area Median

$481/sq ft

Difference

1.8%

This property sold near the area median for similar homes.

About this home

Welcome to this beautifully maintained one-bedroom condo nestled in a prime location. The condo boasts a bright and airy living space filled with natural light and gleaming floors with a thoughtfully designed layout. Bedroom is spacious and includes a walk in closet. Conveniently located near downtown Reading, you'll enjoy easy access to shopping, dining, and commuter rail services, with major highways just minutes away. Includes parking, additional basement storage and amenities such as in-ground pool. Don't miss this rare opportunity to own a move-in-ready condo with unbeatable affordability and charm! Recent upgrades include new paint and bathroom renovation in 2024. SHOWINGS BY APPOINTMENT ONLY.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

42.3%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Dec 18, 2024

$385,000

Property sold

Days on Market: 11

🏠

Listed for Sale

Nov 20, 2024

$359,900

Original listing

Agent: The Joanna Schlansky Residential Team Office: Elite Realty Experts, LLC

Previous Transaction - MLS #72800041

Full transaction history available when tracking began

🏷️

Previously Sold

May 6, 2021

$275,000

MLS #72800041

View Listing →

Previous Transaction - MLS #70335395

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 29, 2006

$222,000

MLS #70335395

View Listing →

Date	Event	Price	Change	$/sqft	Details
12/18/2024	✓ Sold	$385,000	-	-	Property sold
11/20/2024	🏠 Listed for Sale	$359,900	-	-	Original listing
05/06/2021	🏷️ Previously Sold	$275,000	-	-	MLS #72800041
03/29/2006	🏷️ Previously Sold	$222,000	-	-	MLS #70335395

Tax History

Year	Taxes	Assessment
2024	$3,075	$262,400

Financial Details

Annual Property Tax

$3,075

Tax Year 2024

HOA Fee

$356

Monthly

Assessed Value

$262,400

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 816 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 2

Interior

Heating Central, Unit Control, Fan Coil

Cooling Central Air, Unit Control, Fan Coil

Flooring Tile, Laminate, Wood Laminate

Appliances Range, Dishwasher, Disposal, Refrigerator

Fireplace None

Basement N

Laundry In Basement, In Building

Features None

Exterior

Construction None

Architecture None

Roof Rubber

Features Balcony, Screens

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street, Common, Guest, Paved

Total Spaces 1

Utilities

Electric Circuit Breakers, 60 Amps/less

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $3,075

Assessed Value $262,400

HOA & Community

HOA Fee $356 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), Storage

Optional Fee Includes None

Pets Yes w/ Restrictions

MA Disclosures

Seller Disclosures In-ground Pool Is Located On Left Of Building 3. Low Condo Fee Includes Heat And A/c, Elevator, On-site Laundry & In-ground Pool. Laundry Is Coin Op. Seller Makes No Warranties Or Representations. Buyer Or Buyer Agent To Verify Info Provided.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Mid-Rise"]

Unit/Building 34

Sq Ft Source Public Record

Sq Ft Disclosures Living Area Approximate. Floor Plans are for marketing purposes only.

Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)

County Middlesex

Total market time (incl. prior listings) 11 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

816 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Laminate, Wood Laminate

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features:

Windows: Screens

Basement: N

Laundry: In Basement, In Building

Security: Intercom

Construction & Materials

Year Built: 1970

Effective Year (Renovated): 1981

Structure Type: Mid-Rise

Exterior Materials:

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central, Unit Control, Fan Coil

Heating Zones: 1

Cooling: Central Air, Unit Control, Fan Coil

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony, Screens

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street, Common, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

2 Summit Dr # 34, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent The Joanna Schlansky Residential Team

Listing Office Elite Realty Experts, LLC

Office Phone 781-421-5800

Agent MLS ID TM355614

Office MLS ID AN4373

Listing Data Updated Dec 20, 2024 8:48 AM 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

Ask about this property — free, no obligation.