NOT LISTED FOR SALE

1020 Chestnut St Reading, PA 19602

Southeast Community Neighborhood

Estimated Value: $94,000 - $178,000

-- Bed
2 Baths
1,806 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $16,000 $9 Per Sq Ft

Est. 806% increase in value since last sale

Current estimated payment $891/month

37 Days on Market

About This Home

As of January 2016

Bring your vision to this 2 unit property in downtown Reading. Close to schools and mass transportation. Live in one unit and rent the other out. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Richard Sachetta

Bold Realty License #RS229104 Listed on: 12/08/2015

Bold Realty

Last Buyer's Agent

Juan Zabala

Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,806 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • 1,742 Sq Ft Lot
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $1,433

Listing and Financial Details

  • Tax Lot 7989
  • Assessor Parcel Number 10-5316-21-08-7989

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Bring your vision to this 2 unit property in downtown Reading. Close to schools and mass transportation. Live in one unit and rent the other out. This is a Fannie Mae HomePath Property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1806
  • Living Area Sq Ft: 1806
  • Price Per Sq Ft: 11.30
  • Above Grade Finished Sq Ft: 1806
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1020

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 27700.00
  • Land Assessed Value: 7700.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 00X00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1447383
  • Tax Annual Amount: 1433.00
  • Assessor Parcel Number: 10-5316-21-08-7989
  • Tax Lot: 7989
  • Tax Year: 2015
  • Close Date: 01/26/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Jan 27, 2016
Sold by
Fannie Mae
Bought by
Liz Jonathan Mata and Soto Rosa Julia Ramos
Seller's Agent
Richard Sachetta
Bold Realty
Buyer's Agent
Juan Zabala
Compass
List Price
$20,400
Sold Price
$16,000
Premium/Discount to List
-$4,400
-21.57%
Total Days on Market
37
Current Estimated Value
$144,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,931
Avg. Annual Appreciation
26.51%

Purchase Details

Listed on
Dec 8, 2015
Closed on
Dec 7, 2015
Sold by
Castillo Edel
Bought by
Federal National Mortgage Association and Fannie Mae
Seller's Agent
Richard Sachetta
Bold Realty
Buyer's Agent
Juan Zabala
Compass
List Price
$20,400
Sold Price
$16,000
Premium/Discount to List
-$4,400
-21.57%
Source: Public Records

Range of Values:

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Average Value
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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
Liz Jonathan Mata $16,000 None Available
Federal National Mortgage Association $1,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mata Liz Jonathan $96,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $16,000 -21.6% $9 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $20,400 -- $11 / Sq Ft
Source: Bright MLS

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 $961 $35,400 $7,700 $27,700
2024 $1,572 $35,400 $7,700 $27,700
2023 $1,548 $35,400 $7,700 $27,700
2022 $1,548 $35,400 $7,700 $27,700
2021 $1,548 $35,400 $7,700 $27,700
2020 $1,532 $35,400 $7,700 $27,700
2019 $935 $35,400 $7,700 $27,700
2018 $1,532 $35,400 $7,700 $27,700
2017 $1,522 $35,400 $7,700 $27,700
2016 $869 $35,400 $7,700 $27,700
2015 $869 $35,400 $7,700 $27,700
2014 $800 $35,400 $7,700 $27,700
Source: Public Records

Agents Affiliated with this Home

  • Richard Sachetta

    Seller's Agent in 2016

    Richard Sachetta

    Bold Realty

    (610) 507-4198

    72 Total Sales

    Richard Sachetta
    Section Image
  • Juan Zabala

    Buyer's Agent in 2016

    Juan Zabala

    Compass

    (301) 304-8444

    3 Total Sales

    Juan Zabala
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002748846

Bright MLS

APN: 10-5316-21-08-7989

Pennsylvania Berks County Reading 19602 Southeast Community

1020 Chestnut St, Reading, PA

This home is located at 1020 Chestnut St, Reading, PA 19602 since 08 December 2015 and is currently estimated at $144,931, approximately $80 per square foot. This property was built in 1900. 1020 Chestnut St is a home located in Berks County with nearby schools including Amanda E. Stout Elementary School, Southern Middle School, and Reading Senior High School.

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