NOT LISTED FOR SALE

1550 Mineral Spring Rd Reading, PA 19602

District 8 Neighborhood

Estimated Value: $77,000 - $231,000

5 Beds
1 Bath
2,297 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $22,500 $10 Per Sq Ft

Est. 658% increase in value since last sale

Current estimated payment $1,039/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 2-minute walk to 16th & Haak Playground

About This Home

As of June 2016

Large 3 story brick home with 2000+ sq ft, formal living and dining rooms, eat-in kitchen, covered front and rear porches, 5 private bedrooms and in a convenient location, close to major roads. The property does need some work but will be a great choice to call home or as an addition to your investment portfolio. Buyer is responsible for any municipal inspections/repairs as required. This property is now under auction terms. Auction dates are JUNE 20 to JUNE 23. Any presale offers should be submitted to Hudson & Marshall website then on the Bid Now icon. Bids will be taken during pre and post sale at the aforementioned website. No minimum starting bid required. Seller has the right (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale. Please contact Listing Agent for details.

Last Agent to Sell the Property

Navid Moosa

(610) 790-9997 navid@mrsaveahome.com Simple Realty License #RS289369 Listed on: 04/27/2016

Last Buyer's Agent

Vielka Garcia

(484) 599-0869 vielkaynirio@gmail.com Iron Valley Real Estate of Berks License #RS306212

Iron Valley Real Estate of Berks

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,297 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

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

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hessian Camp Subdivision

Listing and Financial Details

  • Tax Lot 6834
  • Assessor Parcel Number 16-5316-06-38-6834

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1900
  • Remarks Public: Large 3 story brick home with 2000+ sq ft, formal living and dining rooms, eat-in kitchen, covered front and rear porches, 5 private bedrooms and in a convenient location, close to major roads. The property does need some work but will be a great choice to call home or as an addition to your investment portfolio. Buyer is responsible for any municipal inspections/repairs as required. This property is now under auction terms. Auction dates are JUNE 20 to JUNE 23. Any presale offers should be submitted to Hudson & Marshall website then on the Bid Now icon. Bids will be taken during pre and post sale at the aforementioned website. No minimum starting bid required. Seller has the right (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale. Please contact Listing Agent for details.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2297
  • Living Area Sq Ft: 2297
  • Net Sq Ft: 2297.00
  • Price Per Sq Ft: 8.66
  • Above Grade Finished Sq Ft: 2297
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1550

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, 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: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 44100.00
  • Land Assessed Value: 15000.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Below Average
  • Zoning: RES

Green Features

  • Green Remarks: For the most up to date status on this property please visit the Hudson and Marshall website and search for it please.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458315
  • Tax Annual Amount: 2510.00
  • Assessor Parcel Number: 16-5316-06-38-6834
  • Tax Lot: 6834
  • Tax Year: 2016
  • Close Date: 06/24/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Reyes Raul
Bought by
Raulito Llc
Current Estimated Value
$170,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$117,615
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$53,001

Purchase Details

Closed on
Jul 10, 2020
Sold by
Garcia Abreu Yanibel
Bought by
Reyes Raul

Purchase Details

Closed on
Dec 2, 2019
Sold by
Tax Claim Bureau Of Berks County
Bought by
Garcia Abreu Yanibel

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 9, 2016
Sold by
Wells Fargo Bank Na
Bought by
Budhraj Jagdel War and Ballah Wayne
Seller's Agent
Navid Moosa
Simple Realty
Buyer's Agent
Vielka Garcia
Iron Valley Real Estate of Berks
List Price
$19,900
Sold Price
$22,500
Premium/Discount to List
$2,600
13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%

Purchase Details

Closed on
Jan 15, 2016
Sold by
Schweitzer Jacqueline and Schweitzer Chayne S
Bought by
Wells Fargo Bank Na
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
Raulito Llc -- None Listed On Document
Reyes Raul $30,000 None Available
Garcia Abreu Yanibel $13,500 None Available
Budhraj Jagdel War $22,500 Safeguard Property Transfer
Wells Fargo Bank Na $34,109 Conestoga Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raulito Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $22,500 +13.1% $10 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $19,900 -- $9 / 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 $1,604 $59,100 $15,000 $44,100
2024 $2,624 $59,100 $15,000 $44,100
2023 $2,584 $59,100 $15,000 $44,100
2022 $2,584 $59,100 $15,000 $44,100
2021 $2,584 $59,100 $15,000 $44,100
2020 $2,558 $59,100 $15,000 $44,100
2019 $2,558 $59,100 $15,000 $44,100
2018 $2,558 $59,100 $15,000 $44,100
2017 $2,541 $59,100 $15,000 $44,100
2016 $1,451 $59,100 $15,000 $44,100
2015 $1,451 $59,100 $15,000 $44,100
2014 $1,336 $59,100 $15,000 $44,100
Source: Public Records

Agents Affiliated with this Home

  • Navid Moosa

    Seller's Agent in 2016

    Navid Moosa

    Simple Realty

    (610) 790-9997

    14 Total Sales

    Navid Moosa
    Section Image
  • Vielka Garcia

    Buyer's Agent in 2016

    Vielka Garcia

    Iron Valley Real Estate of Berks

    (484) 599-0869

    4 in this area

    187 Total Sales

    Vielka Garcia
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003893603

Bright MLS

APN: 16-5316-06-38-6834

Pennsylvania Berks County Reading 19602 District 8

1550 Mineral Spring Rd, Reading, PA

This home is located at 1550 Mineral Spring Rd, Reading, PA 19602 since 27 April 2016 and is currently estimated at $170,616, approximately $74 per square foot. This property was built in 1900. 1550 Mineral Spring Rd is a home located in Berks County with nearby schools including 16th & Haak Elementary School, Central Middle School, and Reading Senior High School.

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