NOT LISTED FOR SALE

118 S 2nd Ave Reading, PA 19611

Estimated Value: $187,000 - $253,000

3 Beds
1 Bath
1,231 Sq Ft
$177/Sq Ft Est. Value

About This Home

This home is located at 118 S 2nd Ave, Reading, PA 19611 and is currently estimated at $217,578, approximately $176 per square foot. 118 S 2nd Ave is a home located in Berks County with nearby schools including West Reading Elementary Center, Wyomissing Hills Elementary Center, and Wyomissing Area Junior-Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Acquire Property Investments Llc
Bought by
Slb Enterprises Llc
Current Estimated Value
$217,578

Purchase Details

Closed on
Jan 4, 2019
Sold by
Werner Scott and Angstadt Lari
Bought by
Acquire Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2007
Sold by
Werner Scott
Bought by
Werner Scott and Werner Lari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2004
Sold by
Sfjv-2003-1 Llc
Bought by
Werner Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2003
Sold by
Sahms Howard P and Goldstein James
Bought by
Rosado Arnaldo and Rosado Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,614
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Slb Enterprises Llc $435,000 Stewart Title
Acquire Property Investments Llc $60,000 Stewart Abstract
Werner Scott -- None Available
Werner Scott $59,000 First American Title Ins Co
Rosado Arnaldo $49,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acquire Property Investments Llc $89,600
Previous Owner Acquire Property Investments Llc $81,000
Previous Owner Werner Scott $86,000
Previous Owner Werner Scott M $20,000
Previous Owner Werner Scott $5,500
Previous Owner Werner Scott $63,500
Previous Owner Werner Scott $59,000
Previous Owner Rosado Arnaldo $49,614
Source: Public Records

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 $1,422 $62,900 $17,000 $45,900
2024 $3,477 $62,900 $17,000 $45,900
2023 $2,308 $62,900 $17,000 $45,900
2022 $3,227 $62,900 $17,000 $45,900
2021 $3,171 $62,900 $17,000 $45,900
2020 $3,078 $62,900 $17,000 $45,900
2019 $3,014 $62,900 $17,000 $45,900
2018 $2,929 $62,900 $17,000 $45,900
2017 $2,864 $62,900 $17,000 $45,900
2016 $923 $62,900 $17,000 $45,900
2015 $923 $62,900 $17,000 $45,900
2014 $892 $62,900 $17,000 $45,900
Source: Public Records

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