NOT LISTED FOR SALE

1031 Madison Ave Reading, PA 19601

Estimated Value: $139,000 - $202,000

5 Beds
1 Bath
1,577 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $87,900 $56 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $978/month

83 Days on Market

About This Home

As of April 2021

This home is located at 1031 Madison Ave, Reading, PA 19601 since 16 November 2020 and is currently estimated at $170,771, approximately $108 per square foot. This property was built in 1910. 1031 Madison Ave is a home located in Berks County with nearby schools including Riverside Elementary School, Northwest Middle School, and Reading Senior High School.

Last Agent to Sell the Property

Ivonn Reyes

(610) 618-0470 irmrealtors@gmail.com Iron Valley Real Estate of Berks License #350425 Listed on: 11/16/2020

Iron Valley Real Estate of Berks

Co-Listed By

Mr. Nelson Gamez

(484) 345-9135 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RM426110

Last Buyer's Agent

Jose Madrigal

(610) 763-0671 jolumadrigal@msn.com Pagoda Realty

Pagoda Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1910

Lot Details

  • 1,307

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,577 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1,307 Sq Ft Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 6947
  • Assessor Parcel Number 14-5307-51-75-6947

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,639

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1577
  • Living Area Sq Ft: 1577
  • Price Per Sq Ft: 60.18
  • Above Grade Finished Sq Ft: 1577
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 672.00
  • Tax Annual Amount: 1639.00
  • Assessor Parcel Number: 14-5307-51-75-6947
  • Tax Lot: 6947
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Apr 8, 2021
Sold by
Sinche Luis and Sinche Patricia
Bought by
Sinche Luis and Sinche Patricia
Seller's Agent
Ivonn Reyes
Iron Valley Real Estate of Berks
Buyer's Agent
Jose Madrigal
Pagoda Realty
List Price
$94,900
Sold Price
$87,900
Premium/Discount to List
-$7,000
-7.38%
Current Estimated Value
$170,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,871
Avg. Annual Appreciation
14.94%
Original Mortgage
$70,320
Outstanding Balance
$63,076
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$107,695

Purchase Details

Closed on
May 5, 2006
Sold by
Brancadora Samuel F
Bought by
Jorge Claribel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2002
Sold by
The Provident Bank
Bought by
Brancadora Samuel F

Purchase Details

Closed on
Apr 30, 2002
Sold by
Alameda Pedro J and Alameda Bonnie L
Bought by
Bankers Trust Of California Na
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Sinche Luis -- Abes Abstract Llc
Sinche Luis $87,900 None Available
Jorge Claribel A $53,000 None Available
Brancadora Samuel F $18,000 Conestoga Berks Title
Bankers Trust Of California Na $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinche Luis $70,320
Previous Owner Jorge Claribel A $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $87,900 -7.4% $56 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $94,900 0.0% $60 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $94,900 -- $60 / 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 $1,018 $37,500 $8,000 $29,500
2024 $1,665 $37,500 $8,000 $29,500
2023 $1,639 $37,500 $8,000 $29,500
2022 $1,639 $37,500 $8,000 $29,500
2021 $1,639 $37,500 $8,000 $29,500
2020 $1,623 $37,500 $8,000 $29,500
2019 $1,623 $37,500 $8,000 $29,500
2018 $1,623 $37,500 $8,000 $29,500
2017 $1,612 $37,500 $8,000 $29,500
2016 $921 $37,500 $8,000 $29,500
2015 $921 $37,500 $8,000 $29,500
2014 $847 $37,500 $8,000 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK370504

Bright MLS

APN: 14-5307-51-75-6947