$370,000 - $469,000
RENTED DEC 21, 2024

3 Summit Dr Unit 42 Reading, MA 01867

1 Bed
1 Bath
801 Sq Ft
1970 Built

Last Sold February 24, 2015

Last sale price $213,000 $266 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,507/month

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Laundry Facilities
  • Joshua Eaton Elementary School Rated A-

About This Home

As of December 2024

Upgraded 1-bedroom unit on the 4th Floor. Large slider access to deck through the living room where you can enjoy sunlight and morning coffee. Upgraded kitchen with GE Profile appliances, convection double over, granite countertop etc, laminated floors, and upgraded bathroom (glass tiles around sink/vanity, high-end glass shower doors). Closed to major highways 93 & 95, shopping, public transportation, and commuter Rail. Rent includes Heat, Hot Water, Gas, snow removal, and two off-street parking spots. The current lease ends in December 2024. Please give a few hours' notice in advance for showings.

Last Agent to Rent the Property

Jing Xu

Senne Listed on: 11/12/2024

Senne

Last Renter's Agent

Jing Xu

Senne Listed on: 11/12/2024

Senne

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • 1970

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 801 Sq Ft Home
  • Laundry in Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on fourth floor
  • 1 Full Bathroom

Additional Features

  • Enclosed Patio or Porch
  • No Cooling

Listing and Financial Details

  • Security Deposit $1,900
  • Property Available on 1/1/25
  • Rent includes heat, hot water, gas, water, sewer, trash collection, snow removal, gardener, tennis court, swimming pool, laundry facilities, parking

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-01-01
  • Lease Term: Lease Terms(12+),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1900

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Year Round: Yes
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built (Public Record): 1970

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Fourth Floor
  • Bathroom 1 Level: Fourth Floor
  • Room Dining Room Level: Fourth Floor
  • Room Family Room Level: Fourth Floor
  • Room Kitchen Level: Fourth Floor
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Fourth Floor
  • Living Area: 801
  • Spa YN: No
  • MAIN LO: AN6753
  • LIST PRICE PER Sq Ft: 2.37
  • PRICE PER Sq Ft: 2.37
  • MAIN SO: AN6753

Exterior Features

  • Exterior Features: Porch - Enclosed
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: No

Condo/Co-op/Association

  • Association YN: No
  • Rent Includes: Heat, Hot Water, Gas, Water, Sewer, Trash Collection, Snow Removal, Gardener, Tennis Court, Swimming Pool, Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 42

Lot Info

  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 24, 2015
Sold by
Sandstrom Sara and Sandstrom Kurt
Bought by
Wang Jingting
Seller's Agent
Lawrence Hemstreet
RE/MAX Prof Associates
Buyer's Agent
Tina Crowley
Compass
List Price
$219,000
Sold Price
$213,000
Premium/Discount to List
-$6,000
-2.74%
Current Estimated Value
$410,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,945
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Oct 20, 2009
Sold by
Bank Of America Na
Bought by
Sandstrom Kurt and Sandstrom Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2009
Sold by
Sheeran Kevin H
Bought by
Lasalle Bk

Purchase Details

Closed on
Jan 25, 2007
Sold by
Loughlin Gloria I
Bought by
Sheeran Kevin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Wang Jingting $213,000 --
Sandstrom Kurt $150,000 --
Lasalle Bk $144,470 --
Sheeran Kevin H $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandstrom Kurt $134,000
Previous Owner Sheeran Kevin H $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2024 12/21/24 Rented $1,900 0.0% --
11/20/2024 11/20/24 Under Contract -- -- --
11/12/2024 11/12/24 For Rent $1,900 +8.6% --
08/01/2021 08/01/21 Rented $1,750 0.0% --
05/29/2021 05/29/21 Under Contract -- -- --
05/23/2021 05/23/21 Price Changed $1,750 +2.9% $2 / Sq Ft
05/10/2021 05/10/21 For Rent $1,700 0.0% --
05/01/2020 05/01/20 Rented $1,700 0.0% --
03/25/2020 03/25/20 Under Contract -- -- --
03/11/2020 03/11/20 For Rent $1,700 0.0% --
05/01/2019 05/01/19 Rented $1,700 0.0% --
03/08/2019 03/08/19 Under Contract -- -- --
02/27/2019 02/27/19 For Rent $1,700 +6.3% --
04/29/2016 04/29/16 Rented $1,600 0.0% --
04/19/2016 04/19/16 Under Contract -- -- --
03/25/2016 03/25/16 For Rent $1,600 0.0% --
02/24/2015 02/24/15 Sold $213,000 0.0% $266 / Sq Ft
01/09/2015 01/09/15 Off Market $213,000 -- --
01/06/2015 01/06/15 For Sale $219,000 -- $273 / 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 $3,935 $345,500 $0 $345,500
2024 $3,679 $313,900 $0 $313,900
2023 $3,927 $311,900 $0 $311,900
2022 $3,815 $286,200 $0 $286,200
2021 $3,740 $270,800 $0 $270,800
2020 $3,581 $256,700 $0 $256,700
2019 $3,422 $240,500 $0 $240,500
2018 $2,902 $209,200 $0 $209,200
2017 $2,835 $202,100 $0 $202,100
2016 $2,485 $171,400 $0 $171,400
2015 $2,318 $157,700 $0 $157,700
2014 $2,324 $157,700 $0 $157,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73311735

MLS Property Information Network (MLS PIN)

APN: READ-000008-000834-000090