Seller's Agent in 2021
Louise Touchette
Coldwell Banker Realty - Lynnfield
(617) 605-0555
13 in this area
233 Total Sales
2 Summit Dr Unit 49 Reading, MA 01867
Estimated Value: $466,000 - $565,000
2
Beds
2
Baths
1,116
Sq Ft
$425/mo
HOA Fee
Highlights
- Wood Flooring
- Balcony
- 1 Cooling Zone
- Joshua Eaton Elementary School Rated A-
About This Home
As of November 2021Outstanding condominium at desirable Summit Towers. This rare and desirable 1116+ sq. ft. residence on 4th floor has 2 bedrooms and 2. full bathrooms with gorgeous views . This updated kitchen opens to family room and dining room/that goes to exterior Balcony which gets lots of natural sunlight. with great views. Enjoy the master bedroom suite with large Walk in closet and bathroom. Spacious second bedroom with generous closet space. Large entryway with additional closet space throughout. Professionally managed building w/ elevator, parking laundry & in-ground pool,showings begin on Friday 2;00-3;00 & Sunday 11;00-12;00 They do not have open houses here.... But i will be there
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 09/22/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,020
Year Built
- 1979
HOA Fees
- $425 per month
Flooring
- Wood
- Ceramic Tile
Outdoor Features
- Balcony
Utilities
- 1 Cooling Zone
- 1 Heating Zone
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2021
Closed on
Nov 12, 2021
Sold by
Banos Kristine A and Banos Alyssa K
Bought by
Gandhi Kushal R and Sheth Disha
Seller's Agent
Louise Touchette
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Kimberly Zecher
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$369,000
Sold Price
$400,000
Premium/Discount to List
$31,000
8.4%
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
$97,894
Avg. Annual Appreciation
5.04%
Original Mortgage
$350,000
Outstanding Balance
$322,144
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,392
Purchase Details
Listed on
Jan 14, 2017
Closed on
Mar 10, 2017
Sold by
Cheney Ft
Bought by
Banos Alyssa K and Banos Christopher C
Seller's Agent
Kathy Devine
Dvine1 Real Estate
Buyer's Agent
Carpenter and Roberts Hometeam
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$304,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2015
Sold by
Cheney Thomas E and Cheney Maryanne J
Bought by
Cheney Ft and Cheney Thomas E
Purchase Details
Closed on
Jul 11, 2011
Sold by
Jack Kenneth and Jack Joann
Bought by
Cheney Thoams E and Cheney Maryanne J
Purchase Details
Closed on
Mar 30, 2006
Sold by
Marion F Munro T and Chesley Janet A
Bought by
Smith Joann and Jack Kenneth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gandhi Kushal R | $400,000 | None Available | |
| Banos Alyssa K | $320,000 | -- | |
| Cheney Ft | -- | -- | |
| Cheney Thoams E | $250,000 | -- | |
| Smith Joann | $273,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gandhi Kushal R | $350,000 | |
| Previous Owner | Banos Alyssa K | $296,000 | |
| Previous Owner | Banos Alyssa K | $304,000 | |
| Previous Owner | Smith Joann | $218,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $400,000 | +8.4% | $358 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $369,000 | +15.3% | $331 / Sq Ft |
| 03/10/2017 03/10/17 | Sold | $320,000 | -1.5% | $285 / Sq Ft |
| 01/17/2017 01/17/17 | Pending | -- | -- | -- |
| 01/14/2017 01/14/17 | For Sale | $325,000 | -- | $290 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,020 | $440,700 | $0 | $440,700 |
| 2024 | $4,693 | $400,400 | $0 | $400,400 |
| 2023 | $5,010 | $397,900 | $0 | $397,900 |
| 2022 | $4,867 | $365,100 | $0 | $365,100 |
| 2021 | $4,771 | $345,500 | $0 | $345,500 |
| 2020 | $4,567 | $327,400 | $0 | $327,400 |
| 2019 | $4,366 | $306,800 | $0 | $306,800 |
| 2018 | $3,684 | $265,600 | $0 | $265,600 |
| 2017 | $3,600 | $256,600 | $0 | $256,600 |
| 2016 | $3,296 | $227,300 | $0 | $227,300 |
| 2015 | $3,074 | $209,100 | $0 | $209,100 |
| 2014 | $3,082 | $209,100 | $0 | $209,100 |
Source: Public Records
Agents Affiliated with this Home
-
Louise Touchette
-
Kimberly Zecher
Buyer's Agent in 2021
Kimberly Zecher
Coldwell Banker Realty - Andovers/Readings Regional
(781) 844-8666
4 in this area
51 Total Sales
-
Kathy Devine
Seller's Agent in 2017
Kathy Devine
Dvine1 Real Estate
(617) 957-2998
18 in this area
36 Total Sales
-
C
Buyer's Agent in 2017
Carpenter and Roberts Hometeam
Berkshire Hathaway HomeServices Commonwealth Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72898692
APN: READ-000008-000786-000090
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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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