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  3. Reading, MA
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  5. Summit Towers Condominiums
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Summit Towers Condominiums

4 Summit Terrace, Reading, MA, 01867 |Summit Towers Condominiums

YEAR BUILT

1985

# STORIES

1

# TOTAL UNITS

99

UNIT SIZE RANGE

999,949-1,000,049 sqft

Description

Summit Towers Condominiums sits at 4 Summit Terrace in Reading, MA. This low-rise building has 1 story and contains 99 units. Construction finished in 1985. It offers a range of unit sizes from 999 to 1,049 square feet. The units include options with 1, 2, or 3 bedrooms. Prices for units range from $450,000 to $462,500. Over the past year, the average closed price was about $417,500. The average price per square foot for sold listings stands at $445. Recent sales show the lowest sold price around $337,500. The building includes various amenities like a pool, golf access, and elevator services. Residents can enjoy hot water access and proximity to parks. Public transportation is also available nearby. Easy access to highways benefits commuting residents. Dining options include nearby restaurants like Fusilli’s Cucina. Grocery needs are met with stores like J Calaresco and Sons Inc. The area offers a mix of daily conveniences. Average days on the market for units is around 66 days, providing a sense of activity in the building. The location is close to the intersection of Main Street and Willow Street. The nearest major water body is the Mystic River. This adds an element of outdoor leisure. The combination of amenities and nearby services creates a balanced living environment.

Building ImageMLS ID #73415072
Building ImageMLS ID #73415072
Building Image
Building ImageView Listing

Summit Towers Condominiums

4 Summit Terrace, Reading, MA, 01867

|Summit Towers Condominiums

YEAR BUILT

1985

# STORIES

1

# TOTAL UNITS

99

UNIT SIZE RANGE

999,949-1,000,049 sqft

Description

Summit Towers Condominiums sits at 4 Summit Terrace in Reading, MA. This low-rise building has 1 story and contains 99 units. Construction finished in 1985. It offers a range of unit sizes from 999 to 1,049 square feet. The units include options with 1, 2, or 3 bedrooms. Prices for units range from $450,000 to $462,500. Over the past year, the average closed price was about $417,500. The average price per square foot for sold listings stands at $445. Recent sales show the lowest sold price around $337,500. The building includes various amenities like a pool, golf access, and elevator services. Residents can enjoy hot water access and proximity to parks. Public transportation is also available nearby. Easy access to highways benefits commuting residents. Dining options include nearby restaurants like Fusilli’s Cucina. Grocery needs are met with stores like J Calaresco and Sons Inc. The area offers a mix of daily conveniences. Average days on the market for units is around 66 days, providing a sense of activity in the building. The location is close to the intersection of Main Street and Willow Street. The nearest major water body is the Mystic River. This adds an element of outdoor leisure. The combination of amenities and nearby services creates a balanced living environment.

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Description

Summit Towers Condominiums sits at 4 Summit Terrace in Reading, MA. This low-rise building has 1 story and contains 99 units. Construction finished in 1985. It offers a range of unit sizes from 999 to 1,049 square feet. The units include options with 1, 2, or 3 bedrooms. Prices for units range from $450,000 to $462,500. Over the past year, the average closed price was about $417,500. The average price per square foot for sold listings stands at $445. Recent sales show the lowest sold price around $337,500. The building includes various amenities like a pool, golf access, and elevator services. Residents can enjoy hot water access and proximity to parks. Public transportation is also available nearby. Easy access to highways benefits commuting residents. Dining options include nearby restaurants like Fusilli’s Cucina. Grocery needs are met with stores like J Calaresco and Sons Inc. The area offers a mix of daily conveniences. Average days on the market for units is around 66 days, providing a sense of activity in the building. The location is close to the intersection of Main Street and Willow Street. The nearest major water body is the Mystic River. This adds an element of outdoor leisure. The combination of amenities and nearby services creates a balanced living environment.

Summit Towers Condominiums Market Stats Last 12 months

Avg. Listed Price$428,267($461/Sqft.)
Avg. Sale Price$417,500($445/Sqft.)
Year over year list priceUp Arrow4.58%
Year over year sale priceDown Arrow 0.17%
Total Listings3 Listed
Total sold5 Sold
Average Days on Market66 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceUp Arrow4.58%
Year over year sale priceDown Arrow0.17%
Total Listings3 Listed
Total sold5 Sold
Average Days on Market66 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Summit Towers Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 419419108522712025-04-30
MLS#: 73336022 		Closed$462,500
Unit 302302108522592025-03-14
MLS#: 73326010 		Closed$470,000
Unit 508508107522542024-12-23
MLS#: 73307866 		Closed$485,000
Unit 302
302

2 Beds

2 Baths

1085 sqft

DateStatusPrice
2025-03-14Closed$470,000
MLS#: 73326010
Days On Market59
Unit 419
419

2 Beds

2 Baths

1085 sqft

DateStatusPrice
2025-04-30Closed$462,500
MLS#: 73336022
Days On Market71
Unit 508
508

2 Beds

2 Baths

1075 sqft

DateStatusPrice
2024-12-23Closed$485,000
MLS#: 73307866
Days On Market54
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Summit Towers Condominiums comes with several attractive amenities designed to enrich your lifestyle. Picture yourself unwinding by the pool during those sunny summer days, or maybe hitting the golf course nearby. With highway access and proximity to public transportation, commuting to work or meeting friends in the city is a breeze. Added features like hot water and easy access to parks enhance the living experience—perfect for those who enjoy a stroll or a weekend picnic.

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Amenities Description

Summit Towers Condominiums comes with several attractive amenities designed to enrich your lifestyle. Picture yourself unwinding by the pool during those sunny summer days, or maybe hitting the golf course nearby. With highway access and proximity to public transportation, commuting to work or meeting friends in the city is a breeze. Added features like hot water and easy access to parks enhance the living experience—perfect for those who enjoy a stroll or a weekend picnic.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Security System

Security System

Storage

Storage

Balcony

Balcony

Policies

When considering any community, understanding the building policies is essential. Here, you will be happy to know there are no restrictions, making it easier for you to settle in and make this space your own without the frustration of unnecessary limitations.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Summit Towers Condominiums$445/sqft.$2 /sqft.
2 Summit$466/sqft.$3 /sqft.
Summit Towers Condominiums$525/sqft.$3 /sqft.
2 Summit Dr.$418/sqft.$3 /sqft.
3 Summit Ter$525/sqft.$3 /sqft.
4 Summit Dr$442/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to Summit Towers Condominiums.

Walton

D
Public|Grades KG–4
18 Davidson Rd|0.8 miles away

Joshua Eaton Elementary School

A
Public|Grades KG–5
365 Summer Ave|1.15 miles away

Robin Hood Elementary School

B-
Public|Grades PK–4
70 Oak St|1.45 miles away

Early Childhood Center at the Doyle School

--
Public|Grades PK–PK
11 Paul Ave|1.68 miles away

Walter S. Parker Middle School

B-
Public|Grades 6–8
45 Temple St|1.94 miles away

Galvin Middle School

B
Public|Grades 5–8
525 Main St|1.96 miles away
Next

Schools

Walton

D
Public|Grades KG–4
18 Davidson Rd|Less than 1 Mile Away

Joshua Eaton Elementary School

A
Public|Grades KG–5
365 Summer Ave|1.15 Miles Away

Robin Hood Elementary School

B-
Public|Grades PK–4
70 Oak St|1.45 Miles Away

Early Childhood Center at the Doyle School

--
Public|Grades PK–PK
11 Paul Ave|1.68 Miles Away

Walter S. Parker Middle School

B-
Public|Grades 6–8
45 Temple St|1.94 Miles Away

Galvin Middle School

B
Public|Grades 5–8
525 Main St|1.96 Miles Away

Central Middle School

A
Public|Grades 5–8
101 Central St|2.07 Miles Away

Alice M. Barrows Elementary School

B+
Public|Grades KG–5
16 Edgemont Ave|2.29 Miles Away

St Patrick Elementary School

--
Private|Grades PK–8
20 Pleasant St|2.32 Miles Away

Dolbeare

A-
Public|Grades KG–4
340 Lowell St|2.46 Miles Away

Reading Memorial High School

B+
Public|Grades 9–12
62 Oakland Rd|2.72 Miles Away

Rise Preschool

--
Public|Grades PK–PK
62 Oakland Rd|2.72 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

North Ave @ Wolcott St

1.04 miles away|20 min walk

North Ave opp Lakeview Office Pk

1.04 miles away|20 min walk

North Ave @ Winn St

1.08 miles away|21 min walk

Redstone Shopping Center Access Rd

1.17 miles away|23 min walk

Walkers Brook Dr @ New Crossing Rd

1.19 miles away|23 min walk

Redstone Shopping Center

1.21 miles away|24 min walk
Next

Transit

North Ave @ Wolcott St

1.04 miles away|20 min walk

North Ave opp Lakeview Office Pk

1.04 miles away|20 min walk

North Ave @ Winn St

1.08 miles away|21 min walk

Redstone Shopping Center Access Rd

1.17 miles away|23 min walk

Walkers Brook Dr @ New Crossing Rd

1.19 miles away|23 min walk

Redstone Shopping Center

1.21 miles away|24 min walk

Washington St @ Eliot St

1.31 miles away|26 min walk

North Ave @ Church St

1.33 miles away|26 min walk

159 Main St opp Collincote St

1.45 miles away|28 min walk

Main St @ Collincote St

1.47 miles away|29 min walk

North Ave @ Chestnut St - Commuter Rail Station

1.56 miles away|30 min walk

Wakefield - North Ave @ Chestnut St

1.56 miles away|30 min walk

Lincoln St @ Reading Depot

1.56 miles away|30 min walk

Reading - Lincoln St @ Prescott St

1.56 miles away|30 min walk

Wakefield

1.59 miles away|31 min walk

Reading

1.61 miles away|31 min walk

Main St @ Lowell St - Reading Sq

1.68 miles away|33 min walk

Salem St @ Main St

1.84 miles away|36 min walk

Main St @ Elm St

1.89 miles away|37 min walk

Salem St @ Spring St

1.89 miles away|37 min walk

Salem St opp Manning St

1.9 miles away|37 min walk

Salem St @ Winter St

1.93 miles away|38 min walk

Main St @ Water St

1.97 miles away|38 min walk

Salem St @ Governor Dr

1.97 miles away|38 min walk

Pleasant St @ Sweetser St

1.98 miles away|38 min walk

Pleasant St @ Wave Ave

1.99 miles away|39 min walk

Salem St @ Libby Ave

2 miles away|39 min walk

Lowell St @ Main St

2.02 miles away|39 min walk

Salem St @ Pleasant St

2.02 miles away|39 min walk

Main St @ Galvin Middle School

2.06 miles away|40 min walk

Main St @ Richardson St

2.06 miles away|40 min walk

Main St @ William St

2.08 miles away|40 min walk

Cordis St @ Court St

2.1 miles away|41 min walk

Lowell St opp Pleasant St

2.13 miles away|41 min walk

Main St @ Lindenwood Rd

2.13 miles away|41 min walk

Main St @ North St

2.13 miles away|41 min walk

Main St @ Nahant St

2.15 miles away|42 min walk

Washington St @ Carlena Ter

2.19 miles away|42 min walk

400 W Cummings Pk

2.2 miles away|43 min walk

Main St opp Charles St

2.29 miles away|44 min walk

Lowell St @ Magnolia Terr

2.3 miles away|45 min walk

Main St @ Charles St

2.31 miles away|45 min walk

Cordis St @ Vernon St

2.36 miles away|46 min walk

Main St @ Pleasant St

2.39 miles away|46 min walk

Main St opp Common St

2.43 miles away|47 min walk

Main St opp Green St

2.46 miles away|48 min walk

Main St @ Green St

2.46 miles away|48 min walk

Vernon St @ Lowell St

2.5 miles away|48 min walk

Washington St @ Mill St

2.51 miles away|49 min walk

Main St opp Maple St

2.7 miles away|52 min walk

The Neighbourhood: Summit Towers Condominiums

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Summit Towers Condominiums Demographics

Age Demographics

0–14 Years

20.16%

15–29 Years

11.59%

30–44 Years

19.18%

45–59 Years

21.01%

60+ Years

28.06%

Commute

7.88%

Transit

2.06%

Walk

74.52%

Drive

0%

Bike

Housing Ownership

72.68%

Owner Occupied

27.32%

Rental Units

Household Types

Single Family
28.83%
Multi Family
6.41%
Single Person
32.11%
Multi Person
67.89%

Average Income

Household:$11,249,803.07 /yr

Individual:$5,879,939.48 /yr

Education

Bachelors Degree32.48%
High School College20.25%
Diploma5.76%
Post Graduate23.86%
Others17.66%
Next

Education

Diploma5.76%
Post Graduate23.86%
Others17.66%
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