NOT LISTED FOR SALE

1532 Mineral Spring Rd Reading, PA 19602

District 8 Neighborhood

Estimated Value: $196,000 - $338,000

-- Bed
3 Baths
2,833 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $130,000 $46 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,624/month

67 Days on Market

Highlights

  • 0.11 Acre Lot
  • No HOA
  • 2-minute walk to 16th & Haak Playground
  • Victorian Architecture
  • Hot Water Heating System

About This Home

As of October 2020

3 unit with 2 car off street parking . Tenants pay heat and electric

Last Agent to Sell the Property

Danny Minotto

(610) 763-3585 daniel.minotto.ii@gmail.com Bold Realty Listed on: 06/09/2020

Bold Realty

Last Buyer's Agent

Annie Aponte

(610) 587-7657 aapontef@gmail.com eRealty Advisors, Inc License #RS322611

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,833 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Alley Access
  • On-Street Parking

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 4769
  • Assessor Parcel Number 16-5316-06-38-4769

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2833
  • Living Area Sq Ft: 2833
  • Price Per Sq Ft: 54.71
  • Above Grade Finished Sq Ft: 2833
  • Above Grade Finished Area Units: Square Feet

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
  • Type Of Parking: Alley, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96900.00
  • Land Assessed Value: 11500.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: RESIDENTIAL

Rental Info

  • Total Actual Rent: 20100.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458307
  • School Tax: 1944.00
  • Tax Annual Amount: 4691.00
  • Assessor Parcel Number: 16-5316-06-38-4769
  • Tax Lot: 4769
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Nov 2, 2020
Sold by
Chisolm Lorna
Bought by
Chavez Mariano Jesus
Seller's Agent
Danny Minotto
Bold Realty
Buyer's Agent
Annie Aponte
eRealty Advisors, Inc
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%
Current Estimated Value
$262,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,083
Avg. Annual Appreciation
14.49%
Original Mortgage
$127,645
Outstanding Balance
$113,586
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$148,497

Purchase Details

Closed on
Sep 14, 2006
Sold by
Sawina John M
Bought by
Chisolm Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2002
Sold by
Pilat Bonnie J
Bought by
Mathias Leonard and Mathias Leonard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chavez Mariano Jesus $130,000 Signature Abstract
Chisolm Lorna $161,650 None Available
Mathias Leonard $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Mariano Jesus $127,645
Previous Owner Chisolm Lorna $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $130,000 -16.1% $46 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $155,000 -- $55 / 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 $2,942 $108,400 $11,500 $96,900
2024 $4,813 $108,400 $11,500 $96,900
2023 $4,739 $108,400 $11,500 $96,900
2022 $4,739 $108,400 $11,500 $96,900
2021 $4,739 $108,400 $11,500 $96,900
2020 $4,691 $108,400 $11,500 $96,900
2019 $4,691 $108,400 $11,500 $96,900
2018 $4,691 $108,400 $11,500 $96,900
2017 $4,660 $108,400 $11,500 $96,900
2016 $2,662 $108,400 $11,500 $96,900
2015 $2,662 $108,400 $11,500 $96,900
2014 $2,450 $108,400 $11,500 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Danny Minotto

    Seller's Agent in 2020

    Danny Minotto

    Bold Realty

    (610) 763-3585

    4 in this area

    137 Total Sales

    Danny Minotto
    Section Image
  • Annie Aponte

    Buyer's Agent in 2020

    Annie Aponte

    eRealty Advisors, Inc

    (610) 587-7657

    4 in this area

    134 Total Sales

    Annie Aponte
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK358656

Bright MLS

APN: 16-5316-06-38-4769

Pennsylvania Berks County Reading 19602 District 8

1532 Mineral Spring Rd, Reading, PA

Not Listed for Sale

MultiFamily

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