$367,000
SOLD NOV 14, 2023

1 Summit Dr Unit 52 Reading, MA 01867

1 Bed
1 Bath
830 Sq Ft
$356/mo HOA Fee

Recently Sold

$442 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Wood Flooring
  • Joshua Eaton Elementary School Rated A-
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of May 2024

This is it! The RARE opportunity to become the next happy home owner of a beautiful and updated single bedroom condo under $400K! The modern kitchen feels spacious and bright. It offers updated cabinets, counters and appliances with plenty of storage and prep space. This space has been opened into the oversized living room that enjoys a wall of sliding glass doors that let the sun pour in. The bedroom has a HUGE walk in closet with custom storage. This 5th floor unit has a fabulous spot in the development. You'll love looking out into the tree tops from your oversized deck. Sought after, well managed condominium that allows cats - condo fee includes heat and hot water! The building itself offers easy parking for residents & guests, welcoming foyer with elevator, big laundry room plus bonus storage. There are no open houses allowed per the management company, to view this condo you'll need to schedule a private showing. Showings are easy to book and begin Thursday, don't miss it

Last Agent to Sell the Property

The Property Shop Group

Compass Listed on: 10/25/2023

Compass

Co-Listed By

Molly Smith

Compass

Last Buyer's Agent

Louise Touchette

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1970

Lot Details

  • Near Conservation Area
  • Two or More Common Walls

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • Garden Home
  • Rubber Roof

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Individual Controls for Heating
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:008.007360090.0

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 156 Units
  • Summit Towers Condominium Community

Amenities

  • Common Area
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,082

Year Built

Built in 1970

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1970
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 5
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Internet Available - Unknown
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Flooring - Wood
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Closet, Flooring - Wood, Balcony / Deck
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 830
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 444.58
  • PRICE PER Sq Ft: 442.17
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: 2+ Common Walls
  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s)
  • Association Fee: 356
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 52
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:008.007360090.0
  • Zoning: A80
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 3
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4082
  • Tax Book Number: 56058

Multi Family

  • Number Of Units Total: 156
  • Basement Included Sq Ft: No

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $420,000 +2.5% $506 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $409,900 +11.7% $494 / Sq Ft
11/14/2023 11/14/23 Sold $367,000 -0.5% $442 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $369,000 -- $445 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73174191

MLS Property Information Network (MLS PIN)