Seller's Agent in 2023
Kristin Weekley
Leading Edge Real Estate
(781) 454-8493
253 Total Sales
Summit Towers 1 Summit Dr Unit 55 Reading, MA 01867
Estimated Value: $458,000 - $497,592
2
Beds
2
Baths
1,124
Sq Ft
1970
Built
Highlights
- In Ground Pool
- Property is near golf course, public transit, and schools
- Elevator
- Joshua Eaton Elementary School Rated A-
- Jogging Path
- Balcony
About This Home
As of April 2023Welcome to Summit Towers! This spacious unit in an elevator building has an absolutely perfect floor plan for easy living and entertaining. The living area overlooks a private balcony and is brimming with natural light, with a dining area directly adjacent to the convenient, low-maintenance kitchen. The bedrooms are just right, with a primary suite that includes a spacious walk-in closet and an updated bath, plus a second bedroom that is bright and well sized. Enjoy low-maintenance living in this well run and professionally managed association with an inground pool! When you need to get out, the complex is conveniently located a short distance from Routes 95 and 93. Don't miss this one! No open houses, so book your private showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,849
Year Built
- Built in 1970
HOA Fees
- $485 Monthly HOA Fees
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 1,124 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Laminate Flooring
- Intercom
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- In Ground Pool
- Balcony
Location
- Property is near golf course, public transit, and schools
Utilities
- Central Air
- Heating System Uses Natural Gas
- Hot Water Heating System
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:008.007390090.0
Community Details
Overview
- Association fees include heat, gas, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 156 Units
- Mid-Rise Community
- Near Conservation Area
Amenities
- Shops
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Community Pool
- Park
- Jogging Path
Pet Policy
- Call for details about the types of pets allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2023
Closed on
Apr 27, 2023
Sold by
Bought by
Seller's Agent
Kristin Weekley
Leading Edge Real Estate
Buyer's Agent
Kelly Bruno
Compass
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Views
252
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,398
Avg. Annual Appreciation
2.55%
Original Mortgage
$130,000
Outstanding Balance
$125,842
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$350,556
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $440,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $130,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2023 04/27/23 | Sold | $440,000 | +10.0% | $391 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $399,900 | -- | $356 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,000 | $439,000 | $0 | $439,000 |
| 2024 | $4,675 | $398,900 | $0 | $398,900 |
| 2023 | $4,991 | $396,400 | $0 | $396,400 |
| 2022 | $4,849 | $363,800 | $0 | $363,800 |
| 2021 | $4,753 | $344,200 | $0 | $344,200 |
| 2020 | $4,550 | $326,200 | $0 | $326,200 |
| 2019 | $4,350 | $305,700 | $0 | $305,700 |
| 2018 | $3,687 | $265,800 | $0 | $265,800 |
| 2017 | $3,604 | $256,900 | $0 | $256,900 |
| 2016 | $3,299 | $227,500 | $0 | $227,500 |
| 2015 | $3,077 | $209,300 | $0 | $209,300 |
| 2014 | $3,085 | $209,300 | $0 | $209,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Weekley
-
Kelly Bruno
Buyer's Agent in 2023
Kelly Bruno
Compass
(617) 429-5857
21 Total Sales
About Summit Towers
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73090253
APN: READ-000008-000739-000090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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