NOT LISTED FOR SALE

1601 Mineral Spring Rd Reading, PA 19602

East Reading Neighborhood

Estimated Value: $205,000 - $372,000

-- Bed
3 Baths
3,419 Sq Ft
$80/Sq Ft Est. Value

About This Home

This home is located at 1601 Mineral Spring Rd, Reading, PA 19602 and is currently estimated at $274,667, approximately $80 per square foot. 1601 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
M3-5 Llc
Bought by
M3-5 Llc
Current Estimated Value
$274,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$349,337
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
-$20,670

Purchase Details

Closed on
Nov 17, 2022
Sold by
E & A Development Llc
Bought by
M3-5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2009
Sold by
Santini Frank L
Bought by
E & A Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,450
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
Kopicki Edward L and Kopicki Cinamon B
Bought by
Santini Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
M3-5 Llc -- Stewart Title
M3-5 Llc $335,000 --
E & A Development Llc $206,000 Conestoga Title Insurance Co
Santini Frank L $235,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M3-5 Llc $412,500
Previous Owner M3-5 Llc $326,250
Previous Owner E & A Development Llc $198,450
Previous Owner Santini Frank L $176,250
Source: Public Records

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 $1,629 $60,000 $12,400 $47,600
2024 $2,664 $60,000 $12,400 $47,600
2023 $2,623 $60,000 $12,400 $47,600
2022 $2,623 $60,000 $12,400 $47,600
2021 $2,623 $60,000 $12,400 $47,600
2020 $2,597 $60,000 $12,400 $47,600
2019 $2,597 $60,000 $12,400 $47,600
2018 $2,597 $60,000 $12,400 $47,600
2017 $2,579 $60,000 $12,400 $47,600
2016 $1,474 $60,000 $12,400 $47,600
2015 $1,474 $60,000 $12,400 $47,600
2014 $1,356 $60,000 $12,400 $47,600
Source: Public Records

Map

Pennsylvania Berks County Reading 19602 East Reading

1601 Mineral Spring Rd, Reading, PA

This home is located at 1601 Mineral Spring Rd, Reading, PA 19602 and is currently estimated at $274,667, approximately $80 per square foot. 1601 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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