NOT LISTED FOR SALE

Summit Towers 3 Summit Dr Unit 61 Reading, MA 01867

Estimated Value: $445,000 - $484,000

2 Beds
2 Baths
1,300 Sq Ft
2,295.68 Acre Lot

Sale Details

Date Sold: May 19, 2022

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

Est. 17% increase in value since last sale

Current estimated payment $2,922 / mo

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

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

Year Built

1970

Lot Details

2,295.68 Acres

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
  • Master Bathroom Features: Yes
  • Laundry Features: Common Area
  • Accessibility Features: No
  • Living Area: 1300
  • MAIN LO: AN4001
  • 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

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

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 16, 2022
Closed on
May 19, 2022
Sold by
Bought by
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
$465,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,900
Avg. Annual Appreciation
3.93%
Original Mortgage
$377,625
Outstanding Balance
$353,588
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,812

Purchase Details

Closed on
Jun 13, 2017
Sold by
Bought by

Purchase Details

Listed on
Feb 7, 2012
Closed on
Jun 1, 2012
Sold by
Bought by
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
5.82%
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$397,500 None Available
-- --
-- --
$210,000 --
$210,000 --
-- --
-- --
-- --
-- --
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 $377,625
Previous Owner $150,000
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 Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 $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

  • Adam Mundt

    Landlord's Agent in 2023

    Adam Mundt

    Kingston Real Estate & Management

    (617) 308-6338

    67 Total Sales

    Adam Mundt
    Section Image

  • S

    Tenant's Agent in 2023

    Sam Jordan

    Kingston Real Estate & Management

    Section Image
  • Tempel Realty Group

    Seller's Agent in 2022

    Tempel Realty Group

    Gibson Sothebys International Realty

    (781) 329-8008

    25 Total Sales

    Tempel Realty Group
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Caitlin Walsh

    Gibson Sothebys International Realty

    (781) 831-5515

    10 Total Sales

    Caitlin Walsh
    Section Image

  • J

    Buyer's Agent in 2022

    Jason Carter

    Compass

    Section Image
  • Kathy Devine

    Seller's Agent in 2012

    Kathy Devine

    Dvine1 Real Estate

    (617) 957-2998

    31 Total Sales

    Kathy Devine
    Section Image
See All Agents

About Summit Towers

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73095418

MLS Property Information Network (MLS PIN)

APN: READ-000008-000849-000090

Massachusetts Middlesex County Reading 01867

3 Summit Dr Unit 61, Reading, MA

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.