NOT LISTED FOR SALE

1603 Mineral Spring Rd Reading, PA 19602

East Reading Neighborhood

Estimated Value: $290,000 - $357,000

-- Bed
3 Baths
3,314 Sq Ft
$101/Sq Ft Est. Value

About This Home

This home is located at 1603 Mineral Spring Rd, Reading, PA 19602 and is currently estimated at $334,000, approximately $100 per square foot. 1603 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
$334,000

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
$338,016
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
-$13,016

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
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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 --
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 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

1603 Mineral Spring Rd, Reading, PA

This home is located at 1603 Mineral Spring Rd, Reading, PA 19602 and is currently estimated at $334,000, approximately $100 per square foot. 1603 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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