1 Summit Dr. # 62, Reading MA 01867

Reading, MA 01867
$420,000
Est. $2,235/month
1
Beds
1
Baths
830
Sq Ft
$506
Price/Sq Ft
1970
Year Built
Condominium
Type
11
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73397824

About this home

Simply the best!! This top floor unit with an east facing screened in balcony has so much to offer and most elements are new including the neutral wall painting! In less than two years, laminate floors have been installed in the living room and bedroom. Dramatic quartz countertops are a great update in the kitchen. Appliances are stainless including the Double oven range, fridge, microwave and newer dishwasher. The bedroom closet is a spacious walk-in. Both the kitchen and bath feature ceramic tile floors. Condo fee includes heat, water, hot water, a/c, insurance, maintenance, etc. The unit has a storage bin on the lower level where the trash and laundry rooms are located. There's an elevator, ample parking and an in-ground pool. Don't wait! Open houses are NOT allowed. So, an appointment is necessary.

Sale Statistics

Sale Overview
Original List Price: $424,999
Final Sale Price: $420,000
Difference: $4,999 (-1.2%)
Performance Metrics
98.8%
List to Sale Ratio
Sold below asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $512
Sale $/sq ft: $506
This property sold for $506 per square foot
Sale Summary

This property sold for 1.2% below the original asking price.

With only 11 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
1
Full Bathrooms
1
Living Area
830 sq ft
Total Rooms
3
Stories
1
Entry Level
6

Interior Features

Flooring
Tile, Wood Laminate
Heating
Central, Natural Gas, Common, Fan Coil
Has Heating
Yes
Cooling
Central Air, Common, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features
In Basement, Common Area, In Building
Basement Details
N
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
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, Guest

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
60 Amps/Less
Security Features
Intercom

Community & HOA

Community Features
Shopping, Pool
HOA Fee
$392
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,090
Tax Year
2025
Tax Assessed Value
$359,100
Zoning
A80

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Summit Towers
Disclosures
Ceiling fixture in living room has been removed

Location

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Neighborhood

1 Summit Dr. # 62, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $341
Homeowners Insurance $200
HOA Fee $392
PMI $0

Property History

Market Insights

10.6%
Price Range
12
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Aug 15, 2025
$420,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jun 27, 2025
$424,999
Original listing
Agent: Kathy Devine Office: Dvine1 Real Estate
Previous Transaction - MLS #73145597
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 16, 2023
$380,000
MLS #73145597

Price & Status History

Date Event Price Change
Jun 27, 2025 New Listing Added $424,999
Nov 16, 2023 Sold $380,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$506

Tax History

Year Taxes Assessment
2025 $4,090 $359,100

Financial Details

Annual Property Tax
$4,090
Tax Year 2025
HOA Fee
$392
Monthly
Assessed Value
$359,100

Listing Information

Listing Agent Kathy Devine
Listing Office Dvine1 Real Estate
Agent MLS ID B0389168
Office MLS ID AN8557

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