NOT LISTED FOR SALE

1540 Mineral Spring Rd Reading, PA 19602

District 8 Neighborhood

Estimated Value: $215,000 - $283,000

5 Beds
1.5 Baths
2,352 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $215,000 $91 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,471/month

69 Days on Market

Highlights

  • No HOA
  • Summer or Winter Changeover Switch For Hot Water
  • Hot Water Heating System
  • 1 Car Detached Garage
  • More Than Two Accessible Exits
  • 2-minute walk to 16th & Haak Playground

About This Home

As of June 2023

This Beautiful Home in The City Of Reading has been recently updated and all you need to do is move in! Gas Heat, 5 Private Bedrooms, New Kitchen, stainless steel appliances, Granite countertops, New Cabinets, All Bathrooms are completely remodeled, 1.5 Bath, Laminate floors,Parking for 3 cars and much more call me for your next showing NO PRICE ESCALATION ADDENDUM PER SELLER REQUEST./ Conventional or Cash / Appliances are not in brand new conditions ) Please call for you next showing

Last Agent to Sell the Property

Annie Aponte

eRealty Advisors, Inc License #RS322611 Listed on: 03/01/2023

eRealty Advisors, Inc

Last Buyer's Agent

Heidi Urffer

Keller Williams Realty Group License #RS336475

Keller Williams Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,352 Sq Ft Home
  • Property has 3 Levels
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Hot Water Heating System
  • Summer or Winter Changeover Switch For Hot Water

Additional Features

  • More Than Two Accessible Exits
  • 3,049 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 5854
  • Assessor Parcel Number 16-5316-06-38-5854

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,964

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Range & refrigerator ( In As Is Conditions ) Also New Dishwasher & Microwave
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This Beautiful Home in The City Of Reading has been recently updated and all you need to do is move in! Gas Heat, 5 Private Bedrooms, New Kitchen, stainless steel appliances, Granite countertops, New Cabinets, All Bathrooms are completely remodeled, 1.5 Bath, Laminate floors,Parking for 3 cars and much more call me for your next showing NO PRICE ESCALATION ADDENDUM PER SELLER REQUEST./ Conventional or Cash / Appliances are not in brand new conditions ) Please call for you next showing
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Levels Count: 3
  • Basement: Yes
  • Laundry Type: Basement
  • Total Sq Ft: 2352
  • Living Area Sq Ft: 2352
  • Price Per Sq Ft: 91.41
  • Above Grade Finished Sq Ft: 2352
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1540

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: S/W Changeover
  • 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: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 48300.00
  • Land Assessed Value: 19500.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458310
  • School Tax: 1216.00
  • Tax Annual Amount: 2964.00
  • Assessor Parcel Number: 16-5316-06-38-5854
  • Tax Lot: 5854
  • Tax Total Finished Sq Ft: 2352
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/09/2023

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jun 2, 2023
Sold by
Clare Inc
Bought by
Bishop Merritt
Seller's Agent
Annie Aponte
eRealty Advisors, Inc
Buyer's Agent
Heidi Urffer
Keller Williams Realty Group
List Price
$234,900
Sold Price
$215,000
Premium/Discount to List
-$19,900
-8.47%
Views
156
Current Estimated Value
$240,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,748
Avg. Annual Appreciation
4.01%
Original Mortgage
$209,927
Outstanding Balance
$205,448
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$28,769

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 5, 2022
Sold by
Navy Federal Credit Union
Bought by
Clare Inc
Seller's Agent
Cindy Rothermel
Century 21 Gold
Buyer's Agent
Allen Gehringer
Century 21 Gold
List Price
$100,000
Sold Price
$100,500
Premium/Discount to List
$500
0.5%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.13%
Original Mortgage
$101,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 24, 2022
Sold by
Sheriff Of Berks County
Bought by
Navy Federal Credit Union

Purchase Details

Closed on
Sep 11, 2015
Sold by
Walsh Gayle L
Bought by
Walsh Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.01%
Mortgage Type
New Conventional
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
Bishop Merritt $215,000 None Listed On Document
Clare Inc $100,500 --
Navy Federal Credit Union $51,000 None Listed On Document
Walsh Matthew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Merritt $209,927
Previous Owner Clare Inc $101,000
Previous Owner Walsh Matthew J $50,000
Previous Owner Walsh James M $31,900
Previous Owner Walsh James M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $215,000 0.0% $91 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $215,000 0.0% $91 / Sq Ft
04/21/2023 04/21/23 Price Changed $214,900 -2.3% $91 / Sq Ft
04/04/2023 04/04/23 Price Changed $219,900 -4.3% $93 / Sq Ft
03/24/2023 03/24/23 Price Changed $229,900 -2.1% $98 / Sq Ft
03/09/2023 03/09/23 Price Changed $234,800 0.0% $100 / Sq Ft
03/01/2023 03/01/23 For Sale $234,900 +133.7% $100 / Sq Ft
10/06/2022 10/06/22 Sold $100,500 0.0% $43 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/13/2022 09/13/22 Off Market $100,500 -- --
09/08/2022 09/08/22 For Sale $100,000 -- $43 / 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 $1,840 $67,800 $19,500 $48,300
2024 $3,011 $67,800 $19,500 $48,300
2023 $2,964 $67,800 $19,500 $48,300
2022 $2,964 $67,800 $19,500 $48,300
2021 $2,964 $67,800 $19,500 $48,300
2020 $2,934 $67,800 $19,500 $48,300
2019 $2,934 $67,800 $19,500 $48,300
2018 $2,934 $67,800 $19,500 $48,300
2017 $2,915 $67,800 $19,500 $48,300
2016 $1,665 $67,800 $19,500 $48,300
2015 $1,665 $67,800 $19,500 $48,300
2014 $1,532 $67,800 $19,500 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2025306

Bright MLS

APN: 16-5316-06-38-5854