1 Summit Dr # 58, Reading MA 01867

Reading, MA 01867
$430,000
2
Beds
2
Baths
1,070
Sq Ft
$402
Price/Sq Ft
1970
Year Built
2
Parking
29
Days on Market
Sold Listed Apr 22, 2026 • MLS# 73505399 Copied! • Updated Jun 23, 2026

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Sale Statistics

Sale Overview
Original List Price: $459,900
Final Sale Price: $430,000
Difference: $29,900 (-6.5%)
Performance Metrics
93.5%
List to Sale Ratio
Sold below asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $430
Sale $/sq ft: $402
This property sold for $402 per square foot
Sale Summary

This property sold for 6.5% below the original asking price.

With only 29 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$402/sq ft
Area Median
$508/sq ft
Difference
20.9%

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

About this home

Bright, fresh and completely move-in ready 5th-floor condo at Summit Towers offering the perfect blend of comfort, style and convenience. Tucked away from the street, this sunlit 2-bedroom unit delivers peaceful views & exceptional privacy. Kitchen features granite countertops, updated appliances and cabinetry, opening seamlessly to versatile dining area. Spacious living room filled with natural light & large slider leading to private balcony, an ideal spot to unwind with tranquil views of surrounding greenery. Generously sized bedrooms, including primary suite with multiple closets & en-suite bath. The entire unit has been thoughtfully updated with new carpeting throughout, freshly painted interiors & reglazed, refreshed bathrooms. Summit Towers offers amenities including in-ground pool, elevator, laundry facilities, storage & ample parking, truly easy low-maintenance living with heat and AC included in condo fee! Quick access to I-93, I-95 & Rt 28, TOUR IT TODAY!!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
33.2%
Price Range
30
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jun 23, 2026
$430,000
Property sold
Days on Market: 30
📋
Status: Active under contract
May 13, 2026
Active → Active Under Contract
Pending Sale
May 12, 2026
Offer accepted, sale pending
Price Reduced
Apr 29, 2026
$449,900 $10,000 (-2.17%)
From $459,900 to $449,900 (-2.2%)
🏠
Listed for Sale
Apr 22, 2026
$449,900
Original listing
Agent: Patricia Nunez Office: Redfin Corp.
🏠
Listed for Sale
Apr 22, 2026
$459,900
Original listing
Agent: Patricia Nunez Office: Redfin Corp.
Previous Transaction - MLS #72026827
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 15, 2016
$307,000
MLS #72026827

Tax History

Year Taxes Assessment
2025 $4,950 $434,600

Financial Details

Annual Property Tax
$4,950
Tax Year 2025
HOA Fee
$539
Monthly
Assessed Value
$434,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 1,070 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Central, Electric, Unit Control
Cooling Central Air, Unit Control
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Common
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $4,950
Assessed Value $434,600

HOA & Community

HOA Fee $539 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds
Amenities Storage
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Buyer And Buyers Agent To Verify All Information And Perform Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 58
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are approximate and need to be verified by buyer.
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County Middlesex
Total market time (incl. prior listings) 30 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,070 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Electric, Unit Control
Heating Zones: 1
Cooling: Central Air, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

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
School District
Reading School District local
A
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

3 schools
B+
Walton School
0.6 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
A
Joshua Eaton School
0.9 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
St. Joseph Elementary School
1.1 mi
Grades PK-08
M

Middle Schools

3 schools
A-
Galvin Middle School
1.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
A
Walter S Parker Middle School
1.4 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
B+
Stoneham Central Middle School
1.6 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
Nazareth Academy
1.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
1.5 mi
Grades 09-12
A
Reading Memorial High School
2.0 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

1 Summit Dr # 58, Reading MA 01867

Reading, MA 01867

Listing Information

Listing Agent Patricia Nunez
Listing Office Redfin Corp.
Office Phone 617-340-7803
Agent MLS ID CN206323
Office MLS ID NB3534
Listing Data Updated Jun 23, 2026 4:17 PM 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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