$285,000
SOLD OCT 19, 2018

2 Summit Dr Unit 18 Reading, MA 01867

1 Bed
1 Bath
820 Sq Ft
$302/mo HOA Fee

Recently Sold

$348 Per Sq Ft

8 Days on Market

Highlights

  • Central Heating and Cooling System
  • Joshua Eaton Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of October 2018

***The condo does not allow public open house, private showing only, very easy to show via lockbox.*** This rarely available condo listing is located on the first floor and includes a private garden patio.This home has been updated and tastefully decorated. Truly TURN KEY. The square footage and layout creates an open floor plan including dining area, unique for one bedroom units. The condo fee includes heating, air conditioning and water in addition to snow removal, pool access set in private tree lined area, and pristine landscaping! In a residential area of Reading, this home also affords the opportunity to walk to the commuter train to Boston. This is a great opportunity to reside affordably in Reading.

Last Agent to Sell the Property

Rita Mooney

J. Mulkerin Realty License #449000721 Listed on: 09/10/2018

Last Buyer's Agent

Steve McKenna

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1971

Lot Details

  • Year Round Access

HOA Fees

  • $302 per month

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number 43357

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,096

Year Built

Built in 1971

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 347.56
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 18
  • Unit Level: 1
  • Unit Placement: Street, Walkout, Garden
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available
  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Dimension: 15X12
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 10X5
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Dimension: 12X11, Flooring - Laminate, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 12X10, Countertops - Stone/Granite/Solid, Main Level, Breakfast Bar / Nook
  • Living Room: On Level: First Floor, Dimension: 17X14, Flooring - Laminate, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: AN1082
  • Main So: AC1277
  • Estimated Sq Ft: 820.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Patio, Covered Patio/Deck
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Common
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Conservation Area, T-Station
  • HOA Fees: 302.00
  • Association Fee Includes: Heat, Hot Water, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Air Conditioning
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: Summit Towers Condominiums

Schools

  • Middle School: Parker
  • High School: Reading

Lot Info

  • Assessments: 217800.00
  • Page: 376
  • Parcel Number: 43357
  • Zoning: R2
  • Master Book: 14134
  • Master Page: 376

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3025.72

Multi Family

  • No Units: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 19, 2018
Sold by
Mooney Daniel R and Mooney Kristine
Bought by
Sessa Alfonso P and Sessa Susan M
Seller's Agent
Rita Mooney
J. Mulkerin Realty
Buyer's Agent
Steve McKenna
Gibson Sotheby's International Realty
List Price
$285,000
Sold Price
$285,000
Total Days on Market
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
May 12, 2013
Closed on
Nov 13, 2013
Sold by
Fortuna Marie
Bought by
Mooney Daniel R and Hoffman Kristine
Seller's Agent
Kathy Devine
Dvine1 Real Estate
Buyer's Agent
Steve McKenna
Gibson Sotheby's International Realty
List Price
$189,000
Sold Price
$182,000
Premium/Discount to List
-$7,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$172,900
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Salvo Ignazio
Bought by
Fortuna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $285,000 --
Not Resolvable $182,000 --
Not Resolvable $182,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,900 New Conventional
Previous Owner $185,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $177,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $399,900 +40.3% $488 / Sq Ft
10/19/2018 10/19/18 Sold $285,000 0.0% $348 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $285,000 +56.6% $348 / Sq Ft
11/13/2013 11/13/13 Sold $182,000 -3.7% $222 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $189,000 +3.8% $230 / Sq Ft
09/08/2013 09/08/13 Off Market $182,000 -- --
05/26/2013 05/26/13 Price Changed $189,000 -3.1% $230 / Sq Ft
05/12/2013 05/12/13 For Sale $195,000 -- $238 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $4,096 $359,600 $0 $359,600
2024 $3,830 $326,800 $0 $326,800
2023 $4,088 $324,700 $0 $324,700
2022 $3,972 $298,000 $0 $298,000
2021 $3,893 $281,900 $0 $281,900
2020 $3,727 $267,200 $0 $267,200
2019 $3,563 $250,400 $0 $250,400
2018 $3,021 $217,800 $0 $217,800
2017 $2,952 $210,400 $0 $210,400
2016 $2,701 $186,300 $0 $186,300
2015 $2,520 $171,400 $0 $171,400
2014 $2,526 $171,400 $0 $171,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72392636

MLS Property Information Network (MLS PIN)

APN: READ-000008-000759-000090