Active Under Contract
28 Days on market
1 Summit Dr #57 Reading — Photo 1 of 32

1 Summit Dr #57 Reading — Photo 1 of 32

$414,900

20% down, 6.5% rate, 30-year fixed

Includes taxes, insurance and HOA. Estimate only.

Listing updated Nov 2, 2026

1 Summit Dr #57, Reading, MA 01867

Reading, MA 01867

Investor Analysis

Beds

2

Baths

2

SqFt

1,076

$/SqFt

$386

Style

Condominium

Built

1970

Welcome to Summit Towers, where spacious living, comfort and convenience come together! This bright and inviting 5th-floor condo offers 1,076 sq. ft. of single-level living with 2 bedrooms and 2 full baths. The expansive living and dining area is perfect for everyday living and entertaining, featuring impressive 12-foot sliding glass doors opening to an oversized private screened-in balcony overlooking beautiful greenery. Enjoy your morning coffee, relax with a good book or unwind while taking in the peaceful views. The spacious primary bedroom offers three closets and a private full bath, while the generously sized second bedroom features an entire wall of closet space. An efficient kitchen with stainless steel appliances completes the comfortable layout. Residents enjoy an in-ground swimming pool, elevator, common laundry facilities, additional storage and ample parking. The $539 monthly condo fee includes HEAT, A/C, WATER and HOT WATER, adding exceptional value and convenience. Ideally located near downtown Reading, shopping, restaurants, commuter rail and Routes 93 ,95 & Rte 28 with convenient access to Boston, New Hampshire and the surrounding North Shore. A wonderful opportunity to enjoy comfortable, low-maintenance living in a convenient Reading location!

Key facts

It was listed on October 14, 2026. The annual property taxes are $4,989 (2026 tax year). The condo fee is $539 per month, which includes heat and water. Its asking price works out to $386 per square foot, 19% below the median of $477 among 11 condos listed in Reading, MA.

How it compares

Against 11 condos listed in Reading, MA, by asking price.

Price per sq ft
$386 · 19% below the median ($477)
Size
1,076 sq ft · 28% below the median (1,500 sq ft)
Asking price
$414,900 · 44% below the median ($745,000)

Compares asking prices of homes for sale now; it isn't an appraisal or an estimate of this home's value.

No longer available to tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$386/sqft
Local Avg (Reading)$465/sqft
17% BelowMarket Average

* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Reading, MA.

Property Details

Financials

Original Price$414,900
Annual Taxes$4,989
HOA Fee$539/mo

Parking

Garage--
Off-Street2

Interior Specifications

Total Rooms4
Fireplaces--
FlooringVinyl, Carpet
BasementN

Climate & Utilities

HeatingCentral, Baseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Park • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2
Unknown
Bathroom 1Bathroom 2

Living Room

Lvl First

18.6 x 15.1

Flooring - Wall to Wall Carpet, Balcony - Exterior, Cable Hookup, Open Floorplan, Slider

Dining Room

Lvl First

10 x 12

Closet, Flooring - Wall to Wall Carpet, Open Floorplan, Lighting - Pendant

Kitchen

Lvl First

11.11 x 10

Flooring - Vinyl, Lighting - Overhead

Primary Bedroom

Lvl First

20 x 11

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Closet - Double

Bedroom 2

Lvl First

10 x 12

Bathroom 1

Lvl null

9.8 x 6

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2

Lvl null

7.6 x 5.6

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

  1. Listed

    $414,900

    Oct 14, 2026

    MLS® 73590656

  2. Expired

    $429,000

    Jun 15, 2026

    MLS® 73458196

  3. Listed

    $429,000

    Nov 29, 2025

    MLS® 73458196

Questions about this home

When was 1 Summit Dr #57, Reading listed?

1 Summit Dr #57, Reading was listed on October 14, 2026.

Has the price of 1 Summit Dr #57, Reading changed?

The price hasn't changed since it was listed at $414,900.

What are the property taxes for 1 Summit Dr #57, Reading?

The annual property taxes for 1 Summit Dr #57, Reading are $4,989 (2026 tax year).

What is the condo fee at 1 Summit Dr #57, Reading?

The condo fee is $539 per month, which includes heat and water.

How does the price per square foot of 1 Summit Dr #57, Reading compare with other condos in Reading, MA?

1 Summit Dr #57, Reading is listed at $386 per square foot, 19% below the median of $477 among 11 condos listed in Reading, MA.

What is the status of 1 Summit Dr #57, Reading?

1 Summit Dr #57, Reading is under contract, and the MLS still lists it as active.

Population

25,612

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$166K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

17.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,876 housing units permitted in the last 12 months (+15% vs the prior 12 months) — 1,887 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Aug '26)

Listing Provided By

Listing Agent: Evy Gillette

Listing Office: Realty One Group Nest

MLS® Number: 73590656