2 Summit Drive # 47, Reading MA 01867

Reading, MA 01867
$430,000
Est. $2,289/month
2
Beds
2
Baths
1,076
Sq Ft
$400
Price/Sq Ft
1970
Year Built
Condominium
Type
29
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73345905

About this home

EASY TO SHOW THROUGH SHOWING TIME! Welcome to Summit Drive- Affordable living for under $450,000 in the town of Reading. Conveniently located to downtown, commuter rail, shopping, restaurants & major highways. Discover one-floor living on the 4th floor in this professionally managed elevated building offering you comfort & convenience. Spacious unit features a bright living/dining room combo w/ 12-foot slider leading to your private balcony. Primary bedroom boasts ample closet space & an ensuite bath, generously sized second bedroom & full guest bath. Compact & efficient kitchen ,brand-new carpeting throughout, extra storage in the basement & on site Laundry. The condo fee includes water, heat and hot water for added convenience. The property offers a great opportunity for customization with modern updates & your personal touches. Relax by the inground pool on hot summers days. Sorry no dogs-cats only. Ample parking for you & your guests. Opportunity for a quick close

Sale Statistics

Sale Overview
Original List Price: $449,900
Final Sale Price: $430,000
Difference: $19,900 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $418
Sale $/sq ft: $400
This property sold for $400 per square foot
Sale Summary

This property sold for 4.4% below the original asking price.

With only 29 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
1,076 sq ft
Total Rooms
4
Stories
6
Entry Level
4

Interior Features

Flooring
Tile, Vinyl, Carpet
Heating
Central, Fan Coil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Internet Available - Unknown
Laundry Features
In Basement, Common Area, In Building
Basement Details
Y
Accessibility Features
No

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

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School
HOA Fee
$513
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Elevator(s), Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,560
Tax Year
2024
Tax Assessed Value
$389,100
Tax Lot
90
Tax Block
784
Tax Map Number
8
Zoning
A

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Towers
Common Walls
2+ Common Walls
Attached Property
Yes
Disclosures
Estate sale being sold "as is as seen" No seller's property disclosure, seller has not lived in the property. Seller & their agent make no representations or warranties Buyers and their agent to do their due diligence.Public Record address is 605 Summer Ave Unit 2-47 Reading, Ma. Virtually staging.

Location

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Neighborhood

2 Summit Drive # 47, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

High School
Rmhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $380
Homeowners Insurance $200
HOA Fee $513
PMI $0

Property History

Market Insights

4.4%
Price Range
30
Total Days on Market

Property Timeline

Sold
May 2, 2025
$430,000
Property sold
Days on Market: 30
🏠
Listed for Sale
Mar 15, 2025
$449,900
Original listing
Agent: Chrisanne Connolly Office: Wilson Wolfe Real Estate

Price & Status History

Date Event Price Change
Mar 15, 2025 New Listing Added $449,900

Market Statistics

Days on Market
29 days
Price per Sq Ft
$400

Tax History

Year Taxes Assessment
2024 $4,560 $389,100

Financial Details

Annual Property Tax
$4,560
Tax Year 2024
HOA Fee
$513
Monthly
Assessed Value
$389,100

Listing Information

Listing Agent Chrisanne Connolly
Listing Office Wilson Wolfe Real Estate
Agent MLS ID B0665920
Office MLS ID B61601

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