Seller's Agent in 2013
Sean Moretti
Destination Realty LLC
(484) 769-3209
1 in this area
53 Total Sales
1531 Mineral Spring Rd Reading, PA 19602
East Reading Neighborhood
Studio
5
Baths
5,641
Sq Ft
0.67
Acre Lot
Highlights
- No HOA
- Radiator
- 4-minute walk to 16th & Haak Playground
- 1 Car Detached Garage
About This Home
As of October 2013Five-unit Mansion on Mineral Springs Road offers approximately 11 off-street parking spaces, large rooms with interesting historic features; building has separate gas heating systems for tenants, (owner pays electric, gas for hot water, water, sewer, and trash). It is in need of cosmetic renovations, and one of the units was formerly Owner Occupied and will need to be authorized by Reading Zoning to be officially counted as a fifth unit. The property includes .67 acres with enough room in the back to consider building an additional multi-unit property. Property is being sold as-is. SDS on file and available for review. Interested parties will need to be approved by bank, which takes around 10 days. Bank approval required for all transactions, Conestoga Title company must be used for closing.
Last Agent to Sell the Property
(610) 743-3310 seanhmoretti@gmail.com Destination Realty LLC License #RM421788 Listed on: 10/17/2012
Last Buyer's Agent
(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS166910L
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1899
Lot Details
- 29,185 Sq Ft Lot
- Property is in below average condition
Parking
- 1 Car Detached Garage
- 8 Open Parking Spaces
- Driveway
- Parking Lot
Home Design
- Converted Dwelling
- Brick Exterior Construction
Interior Spaces
- 5,641 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Radiator
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 3182
- Assessor Parcel Number 16-5316-06-39-3182
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $3,600
- Insurance Expense $1,200
- Maintenance Expense $1,000
- Other Expense $1,500
- Operating Expense $15,902
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2012
Closed on
Oct 24, 2013
Sold by
Bought by
Seller's Agent
Sean Moretti
Destination Realty LLC
Buyer's Agent
Michele McCartney
Keller Williams Platinum Realty - Wyomissing
List Price
$145,000
Sold Price
$90,000
Premium/Discount to List
-$55,000
-37.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
0.0456%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 5, 2002
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $90,000 | Conesloga Title Insurance | ||
| $1,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $90,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2013 10/24/13 | Sold | $90,000 | -37.9% | $16 / Sq Ft |
| 08/25/2013 08/25/13 | Pending | -- | -- | -- |
| 10/17/2012 10/17/12 | For Sale | $145,000 | -- | $26 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,141 | $146,700 | $51,300 | $95,400 |
| 2025 | $3,982 | $146,700 | $51,300 | $95,400 |
| 2024 | $6,514 | $146,700 | $51,300 | $95,400 |
| 2023 | $6,413 | $146,700 | $51,300 | $95,400 |
| 2022 | $6,413 | $146,700 | $51,300 | $95,400 |
| 2021 | $6,413 | $146,700 | $51,300 | $95,400 |
| 2020 | $6,349 | $146,700 | $51,300 | $95,400 |
| 2019 | $6,349 | $146,700 | $51,300 | $95,400 |
| 2018 | $6,349 | $146,700 | $51,300 | $95,400 |
| 2017 | $6,307 | $146,700 | $51,300 | $95,400 |
| 2016 | $3,603 | $146,700 | $51,300 | $95,400 |
| 2015 | $3,603 | $146,700 | $51,300 | $95,400 |
| 2014 | $3,315 | $146,700 | $51,300 | $95,400 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Moretti
-
Michele McCartney
Buyer's Agent in 2013
Michele McCartney
Keller Williams Platinum Realty - Wyomissing
(610) 587-1913
2 in this area
208 Total Sales
Map
Source: Bright MLS
MLS Number: 1004194478
APN: 5316-06-39-3182
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