NOT LISTED FOR SALE

3 Summit Dr Unit 61 Reading, MA 01867

Estimated Value: $464,000 - $517,000

2 Beds
2 Baths
1,300 Sq Ft
2,295.68 Acres

Last Sold May 19, 2022

Last sale price $397,500 $306 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,964/month

Highlights

  • 99,999,999 Sq Ft lot
  • Balcony
  • Laundry Facilities
  • Joshua Eaton Elementary School Rated A-

About This Home

As of April 2023

TOP FLOOR Penthouse 2 bed//2bath unit at the Summit Towers condominiums. This unit has been remodeled and features beautiful hardwoods throughout, nice kitchen with great cabinet space, dining area, an expansive balcony and spacious & clean bathrooms. Primary bedroom is large and has a walk in closet. Private, secure storage in the basement along with common laundry. Parking is abundant in the lot- enough for your guests as well! Available for June 1st.

Last Agent to Rent the Property

Adam Mundt

Kingston Real Estate & Management Listed on: 04/05/2023

Last Renter's Agent

Sam Jordan

Kingston Real Estate & Management

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,952

Year Built

  • 1970

Lot Details

  • 2,295.68

Parking

  • 2 Car Parking Spaces

Home Design

  • 1,300 Sq Ft Home
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 6/1/23
  • Rent includes heat, hot water, water, trash collection, laundry facilities
  • 12 Month Lease Term

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Property has a Home Owners Association
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,952

Year Built

1970

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2023-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 6
  • CoOp Comp: See remark
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built (Public Record): 1970

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: Common Area
  • Accessibility Features: No
  • Living Area: 1300
  • MAIN LO: AN4001
  • LIST PRICE PER Sq Ft: 1.85
  • PRICE PER Sq Ft: 1.85
  • MAIN SO: AN4001

Exterior Features

  • Exterior Features: Balcony
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Condo/Co-op/Association

  • Association YN: Yes
  • Rent Includes: Heat, Hot Water, Water, Trash Collection, Laundry Facilities
  • UNIT BUILDING: 61

Lot Info

  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 19, 2022
Sold by
Coogan Revocable Nt
Bought by
Chen Xujie
Seller's Agent
Tempel Realty Group
Gibson Sotheby's International Realty
Buyer's Agent
Jason Carter
Compass
List Price
$379,900
Sold Price
$397,500
Premium/Discount to List
$17,600
4.63%
Current Estimated Value
$481,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,771
Avg. Annual Appreciation
5.84%
Original Mortgage
$377,625
Outstanding Balance
$358,736
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,535

Purchase Details

Closed on
Jun 13, 2017
Sold by
Coogan Thomas
Bought by
Coogan Ret

Purchase Details

Listed on
Feb 7, 2012
Closed on
Jun 1, 2012
Sold by
Renzi Mary T
Bought by
Coogan Virginia M and Coogan James A
Seller's Agent
Kathy Devine
Dvine1 Real Estate
Buyer's Agent
Annemarie LaTulip
Coldwell Banker Realty - Lexington
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Renzi Michaelle R
Bought by
Renzi Mary T

Purchase Details

Closed on
Mar 22, 2006
Sold by
Renzi Ralph D
Bought by
Renzi Mary T and Renzi Michelle R
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
Chen Xujie $397,500 None Available
Coogan Ret -- --
Coogan Thomas -- --
Coogan Virginia M $210,000 --
Renzi Mary T -- --
Renzi Mary T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xujie $377,625
Previous Owner Coogan Virginia M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Rented $2,400 0.0% --
04/18/2023 04/18/23 Under Contract -- -- --
04/09/2023 04/09/23 For Rent $2,400 0.0% --
04/09/2023 04/09/23 Off Market $2,400 -- --
04/05/2023 04/05/23 For Rent $2,400 0.0% --
05/19/2022 05/19/22 Sold $397,500 +4.6% $360 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $379,900 +80.9% $344 / Sq Ft
06/01/2012 06/01/12 Sold $210,000 -6.7% $190 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
03/10/2012 03/10/12 Price Changed $225,000 -6.3% $204 / Sq Ft
02/07/2012 02/07/12 For Sale $240,000 -- $217 / 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 $4,952 $434,800 $0 $434,800
2024 $4,629 $395,000 $0 $395,000
2023 $4,942 $392,500 $0 $392,500
2022 $4,803 $360,300 $0 $360,300
2021 $4,706 $340,800 $0 $340,800
2020 $4,506 $323,000 $0 $323,000
2019 $4,307 $302,700 $0 $302,700
2018 $3,652 $263,300 $0 $263,300
2017 $3,569 $254,400 $0 $254,400
2016 $3,267 $225,300 $0 $225,300
2015 $3,047 $207,300 $0 $207,300
2014 $3,056 $207,300 $0 $207,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73095418

MLS Property Information Network (MLS PIN)

APN: READ-000008-000849-000090