NOT LISTED FOR SALE

1607 Mineral Spring Rd Reading, PA 19602

East Reading Neighborhood

Estimated Value: $215,000 - $336,000

-- Bed
3 Baths
3,370 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $136,000 $40 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,699/month

53 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 3-minute walk to 16th & Haak Playground

About This Home

As of April 2021

This home is located at 1607 Mineral Spring Rd, Reading, PA 19602 since 20 August 2020 and is currently estimated at $277,419, approximately $82 per square foot. This property was built in 1910. 1607 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.

Last Agent to Sell the Property

Gloria Garcia

United Real Estate Strive 212 Listed on: 08/20/2020

United Real Estate Strive 212

Last Buyer's Agent

Mr. Nelson Gamez

Realty One Group Alliance License #RM426110

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Interior Spaces

  • 3,370 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 0039
  • Assessor Parcel Number 16-5316-06-49-0039

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: All tenants personal property
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3370
  • Living Area Sq Ft: 3370
  • Price Per Sq Ft: 50.42
  • Above Grade Finished Sq Ft: 3370
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1607

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: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 163
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1503.00
  • Tax Annual Amount: 3663.00
  • Assessor Parcel Number: 16-5316-06-49-0039
  • Tax Lot: 0039
  • Tax Total Finished Sq Ft: 3370
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/13/2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Apr 2, 2021
Sold by
Taveras Yunaira Vanessa Leon
Bought by
Amadis Adrian Santiago
Seller's Agent
Gloria Garcia
United Real Estate Strive 212
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$169,900
Sold Price
$136,000
Premium/Discount to List
-$33,900
-19.95%
Current Estimated Value
$277,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,419
Avg. Annual Appreciation
17.72%
Original Mortgage
$133,536
Outstanding Balance
$120,828
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$156,591

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 6, 2019
Sold by
Five Star Holdings Llc
Bought by
Taveras Yunaira Vanessa Leon
Seller's Agent
Juan Cortes
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Gloria Garcia
United Real Estate Strive 212
List Price
$114,900
Sold Price
$114,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$5,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 24, 2014
Closed on
Dec 1, 2016
Sold by
Costantino Dominic M
Bought by
Five Star Holdings Llc
Seller's Agent
Victoria Venezia
RE/MAX Of Reading
Buyer's Agent
Cheryl Takach
RE/MAX Of Reading
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Oct 10, 2003
Sold by
Pangle Patricia R and Cacciacarne Patricia R
Bought by
Costantino Dominic M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Amadis Adrian Santiago $136,000 None Available
Taveras Yunaira Vanessa Leon $114,900 Edge Abstract
Five Star Holdings Llc $85,000 Attorney
Costantino Dominic M $81,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amadis Adrian Santiago $133,536
Previous Owner Tavers Yunaira Vanessa Leon $5,000
Previous Owner Taveras Yunaira Vanessa Leon $112,818
Previous Owner Costantino Dominic M $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $136,000 0.0% $40 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/12/2020 10/12/20 Off Market $136,000 -- --
08/20/2020 08/20/20 For Sale $169,900 +47.9% $50 / Sq Ft
06/28/2019 06/28/19 Sold $114,900 0.0% $34 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/12/2019 06/12/19 Off Market $114,900 -- --
06/10/2019 06/10/19 For Sale $114,900 0.0% $34 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
05/01/2019 05/01/19 Off Market $114,900 -- --
04/22/2019 04/22/19 For Sale $114,900 +35.2% $34 / Sq Ft
12/01/2016 12/01/16 Sold $85,000 -29.1% $25 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
04/24/2014 04/24/14 For Sale $119,900 -- $36 / 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 $2,275 $83,800 $17,400 $66,400
2024 $3,721 $83,800 $17,400 $66,400
2023 $3,663 $83,800 $17,400 $66,400
2022 $3,663 $83,800 $17,400 $66,400
2021 $3,663 $83,800 $17,400 $66,400
2020 $3,627 $83,800 $17,400 $66,400
2019 $3,627 $83,800 $17,400 $66,400
2018 $3,627 $83,800 $17,400 $66,400
2017 $3,603 $83,800 $17,400 $66,400
2016 $2,058 $83,800 $17,400 $66,400
2015 $2,058 $83,800 $17,400 $66,400
2014 $1,894 $83,800 $17,400 $66,400
Source: Public Records

Agents Affiliated with this Home

  • Gloria Garcia

    Seller's Agent in 2021

    Gloria Garcia

    United Real Estate Strive 212

    (484) 794-9996

    1 in this area

    55 Total Sales

    Gloria Garcia
    Section Image
  • Mr. Nelson Gamez

    Buyer's Agent in 2021

    Mr. Nelson Gamez

    Realty One Group Alliance

    (484) 345-9135

    2 in this area

    242 Total Sales

    Mr. Nelson Gamez
    Section Image
  • Juan Cortes

    Seller's Agent in 2019

    Juan Cortes

    BHHS Homesale Realty- Reading Berks

    (610) 463-6693

    6 in this area

    349 Total Sales

    Juan Cortes
    Section Image
  • Victoria Venezia

    Seller's Agent in 2016

    Victoria Venezia

    RE/MAX of Reading

    (610) 781-9626

    1 in this area

    97 Total Sales

    Victoria Venezia
    Section Image
  • Cheryl Takach

    Buyer's Agent in 2016

    Cheryl Takach

    RE/MAX of Reading

    (610) 587-9183

    99 Total Sales

    Cheryl Takach
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK362710

Bright MLS

APN: 16-5316-06-49-0039

Pennsylvania Berks County Reading 19602 East Reading

1607 Mineral Spring Rd, Reading, PA

This home is located at 1607 Mineral Spring Rd, Reading, PA 19602 since 20 August 2020 and is currently estimated at $277,419, approximately $82 per square foot. This property was built in 1910. 1607 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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