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2 Summit Drive # 47, Reading MA 01867

Reading, MA 01867
$430,000
2
Beds
2
Baths
1,076
Sq Ft
$400
Price/Sq Ft
1970
Year Built
2
Parking
29
Days on Market
Closed Listed Mar 15, 2025 • MLS# 73345905 Copied! • Updated May 3, 2025

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.

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

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Recently Sold Nearby

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

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,076 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Central, Fan Coil
Cooling Central Air
Flooring Tile, Vinyl, Carpet
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features Internet Available - Unknown

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 None
Annual Tax $4,560
Assessed Value $389,100

HOA & Community

HOA Fee $513 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
Seller Disclosures Estate Sale Being Sold As Is As Seen No Sellers 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.
Possession None
Accepted Financing None
Structure Type ["High-Rise"]
Unit/Building 47
Sq Ft Source Public Record
Sq Ft Disclosures Room sizes are approximate and used for marketing purposes only
Documents Rules & Regs (1)
County Middlesex
Total market time (incl. prior listings) 30 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,076 sq ft
Total Rooms
4
Stories
6
Entry Level
4

Room Details

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Main,Fourth Floor Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Dining Room
12 x 10
Flooring - Wall to Wall Carpet, Open Floorplan, Lighting - Overhead
Kitchen
10 x 10
Flooring - Vinyl, Pantry, Lighting - Overhead
Bathroom2
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Living Room
15 x 16
Flooring - Wall to Wall Carpet, Balcony / Deck, Balcony - Exterior, Cable Hookup, Exterior Access, Open Floorplan, Slider

Fourth Floor Floor

Bedroom2
12 x 10
Closet, Flooring - Wall to Wall Carpet
Master Bedroom
16 x 11
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Refrigerator
Interior Features: Internet Available - Unknown
Windows:
Basement: Y
Laundry: In Basement, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: High-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 6

Heating, Cooling & Utilities

Heating: Central, Fan Coil
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
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 # 47, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Chrisanne Connolly
Listing Office Wilson Wolfe Real Estate
Office Phone 978-658-2345
Agent MLS ID B0665920
Office MLS ID B61601
Listing Data Updated May 3, 2025 6:22 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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