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
Sold Listed Mar 15, 2025 • MLS# 73345905 Copied! • Updated May 3, 2025

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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.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$400/sq ft
Area Median
$466/sq ft
Difference
14.1%

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

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
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
Sold
Year Built
1970
Bedrooms
2
Full Bathrooms
2
Living Area
1,076 sq ft
Total Rooms
4
Stories
6
Entry Level
4

Floor Layout

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
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

6 schools
A+
Joshua Eaton School
0.9 mi | #83 of 825 | Score: 60.1
Improved 44 spots from last year
+1.9 above state avg
401 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
1.7 mi | #155 of 825 | Score: 56.8
Dropped 79 spots from last year
-1.4 below state avg
368 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.0 mi
100 students Moderate
Grades PK
B+
Birch Meadow School
2.3 mi | #255 of 825 | Score: 52.2
Dropped 175 spots from last year
-6 below state avg
346 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.4 mi | #92 of 825 | Score: 59.7
Improved 20 spots from last year
+1.5 above state avg
400 students Moderate
Rising School Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.3 mi | #269 of 825 | Score: 51.7
Dropped 186 spots from last year
-6.5 below state avg
231 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
1.4 mi | #63 of 352 | Score: 54.6
Dropped 27 spots from last year
-3.6 below state avg
533 students Moderate
Strong Attendance
Grades 06-08
A
Arthur W Coolidge Middle School
2.2 mi | #43 of 352 | Score: 58.3
Improved 32 spots from last year
+0.1 above state avg
417 students Moderate
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
2.3 mi
Grades 06-12
A
Reading Memorial High School
2.0 mi | #63 of 346 | Score: 65.6
Dropped 3 spots from last year
+7.4 above state avg
1,066 students Moderate
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

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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