NOT LISTED FOR SALE

1408 Margaret St Reading, PA 19605

Estimated Value: $166,579 - $180,000

2 Beds
1 Bath
816 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $98,500 $121 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $997/month

4 Days on Market

Highlights

  • Traditional Floor Plan
  • No HOA
  • 1 Car Detached Garage
  • Traditional Architecture
  • Formal Dining Room
  • 2-minute walk to Laureldale Park

About This Home

As of May 2019

Don t miss this cutie! Why rent when you can own this adorable home for less. This 2 bedroom home has fresh paint, new carpet and flooring. There s plenty of room in the living room and dining room for entertaining. A fully equipped kitchen including dishwasher will make clean up a breeze. 2 bedrooms and a full bath complete the second floor. There s a nice sized yard for those backyard get togethers and a front porch for relaxing in the evening with a cool drink. There s plenty of storage in the full basement and a detached garage for hassle free parking and additional storage. This is the one you ve been waiting to call home!

Last Agent to Sell the Property

Rick Heffner

RE/MAX Of Reading License #RS209882L Listed on: 04/04/2019

RE/MAX Of Reading

Last Buyer's Agent

Julie Strickler

Remax Vision License #WRONG

Remax Vision

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1930

Lot Details

  • 2,178 Sq Ft Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Formal Dining Room
  • Carpet

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Storm Windows

Listing and Financial Details

  • Tax Lot 5318
  • Assessor Parcel Number 57-5319-17-01-5318

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,928

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Remarks Public: Don t miss this cutie! Why rent when you can own this adorable home for less. This 2 bedroom home has fresh paint, new carpet and flooring. There s plenty of room in the living room and dining room for entertaining. A fully equipped kitchen including dishwasher will make clean up a breeze. 2 bedrooms and a full bath complete the second floor. There s a nice sized yard for those backyard get togethers and a front porch for relaxing in the evening with a cool drink. There s plenty of storage in the full basement and a detached garage for hassle free parking and additional storage. This is the one you ve been waiting to call home!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement, Washer In Unit
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 816
  • Price Per Sq Ft: 120.71
  • Above Grade Finished Sq Ft: 816
  • Below Grade Sq Ft: 816
  • Total Below Grade Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1408

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: MUHLENBERG
  • School District Key: 300200397508
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23300.00
  • Land Assessed Value: 21000.00
  • Land Use Code: 149
  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1529978
  • School Tax: 1321.00
  • Tax Annual Amount: 1928.00
  • Assessor Parcel Number: 57-5319-17-01-5318
  • Tax Lot: 5318
  • Tax Page Number: 39
  • Tax Total Finished Sq Ft: 816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/08/2019

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 8, 2019
Sold by
Jr Holdings Llc
Bought by
Kramer Makall A
Seller's Agent
Rick Heffner
RE/MAX Of Reading
Buyer's Agent
Julie Strickler
Remax Vision
List Price
$94,900
Sold Price
$98,500
Premium/Discount to List
$3,600
3.79%
Current Estimated Value
$173,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,645
Avg. Annual Appreciation
9.29%
Original Mortgage
$95,545
Outstanding Balance
$84,013
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$89,132

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 25, 2019
Sold by
Riedel Jeffrey S and Wells Fargo Bank Na
Bought by
Jr Holdings Llc
Seller's Agent
Rick Heffner
RE/MAX Of Reading
Buyer's Agent
Julie Strickler
Remax Vision
List Price
$94,900
Sold Price
$98,500
Premium/Discount to List
$3,600
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,545
Outstanding Balance
$84,013
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$89,132

Purchase Details

Listed on
Sep 25, 2011
Closed on
Mar 26, 2012
Sold by
Ferro William J
Bought by
Riedel Jeffrey S
Seller's Agent
PATRICIA AUCHTER
Commonwealth Real Estate LLC
Buyer's Agent
Cecilia Leone
Century 21 Emerald
List Price
$82,500
Sold Price
$79,000
Premium/Discount to List
-$3,500
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$76,997
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2011
Sold by
Musser Heidi K
Bought by
Ferro William J

Purchase Details

Closed on
Sep 30, 2008
Sold by
Musser Heidi K
Bought by
Musser Heidi K
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
Kramer Makall A $98,500 Signature Abstract
Jr Holdings Llc $59,000 None Available
Riedel Jeffrey S $79,000 None Available
Ferro William J $37,000 None Available
Musser Heidi K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Makall A $95,545
Closed Kramer Makall A $95,545
Previous Owner Riedel Jeffrey S $76,997
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $98,500 0.0% $121 / Sq Ft
04/08/2019 04/08/19 Price Changed $98,500 0.0% $121 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/07/2019 04/07/19 Off Market $98,500 -- --
04/04/2019 04/04/19 For Sale $94,900 +20.1% $116 / Sq Ft
03/26/2012 03/26/12 Sold $79,000 0.0% $97 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
01/31/2012 01/31/12 Price Changed $79,000 -4.2% $97 / Sq Ft
09/25/2011 09/25/11 For Sale $82,500 -- $101 / 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 $723 $44,300 $21,000 $23,300
2024 $2,182 $44,300 $21,000 $23,300
2023 $2,068 $44,300 $21,000 $23,300
2022 $2,035 $44,300 $21,000 $23,300
2021 $2,002 $44,300 $21,000 $23,300
2020 $2,002 $44,300 $21,000 $23,300
2019 $1,961 $44,300 $21,000 $23,300
2018 $1,895 $44,300 $21,000 $23,300
2017 $1,860 $44,300 $21,000 $23,300
2016 $576 $44,300 $21,000 $23,300
2015 $576 $44,300 $21,000 $23,300
2014 $576 $44,300 $21,000 $23,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK338934

Bright MLS

APN: 57-5319-17-01-5318