2306 Cumberland Ave Reading, PA 19606
Mount Penn NeighborhoodEstimated Value: $132,083 - $150,000
1
Bed
1
Bath
817
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- Community Pool
- Laundry Room
- No HOA
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of August 2020If the thought of living in an absolutely beautiful condo with everything having already been done & having no monthly fees appeals to you then don't miss out on this one!! This property is truly A++ condition!! Everything is perfect!! This home has been lovingly restored much better than new!! Newer rubber roof, new gas heating and electric hot water... even a new sewer line out to the curb!! Interiorly, the home was completely gutted and made new - you truly will not believe how nice this home is!!. Everything is on one floor and you can park just a few steps away from your front door. Included in the sale is a gas stove, stainless steel fridge, built in microwave plus washer & dryer!! This is truly one floor living with practically no maintenance at its finest!! Do yourself a favor and see this home!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,253
Year Built
- Built in 1950
Lot Details
- 1,307 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Rambler Architecture
- Frame Construction
- Rubber Roof
- Masonry
Interior Spaces
- 817 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
Kitchen
- Stove
- Built-In Microwave
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 1147
- Assessor Parcel Number 64-5316-08-88-1147
Community Details
Overview
- No Home Owners Association
- Mount Penn Heights Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2020
Closed on
Aug 28, 2020
Sold by
Dicerchio Jon and Dicerchio Ann C
Bought by
Goode Amber J
Seller's Agent
Craig Binkley
A G Binkley Jr Real Estate
Buyer's Agent
Craig Binkley
A G Binkley Jr Real Estate
List Price
$94,900
Sold Price
$92,680
Premium/Discount to List
-$2,220
-2.34%
Total Days on Market
116
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,841
Avg. Annual Appreciation
9.73%
Original Mortgage
$914,001
Outstanding Balance
$820,270
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
-$676,481
Purchase Details
Closed on
Aug 19, 2019
Sold by
Dicerchio Jon
Bought by
Dicerchio Jon and Dicerchio Ann C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 28, 2018
Closed on
Jun 18, 2018
Sold by
Franey Thomas P and Estate Of Margaretta M Lonerga
Bought by
Dicerchio Jon
Seller's Agent
Randy Weeber
RE/MAX Of Reading
Buyer's Agent
Randy Weeber
RE/MAX Of Reading
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Purchase Details
Closed on
Jun 4, 1984
Bought by
Lonergan Margaretta M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Reading, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goode Amber J | $92,680 | Regal Abstract | |
| Dicerchio Jon | -- | First Amer Abstract Wyomissi | |
| Dicerchio Jon | $50,000 | Signature Abstract | |
| Lonergan Margaretta M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goode Amber J | $25,000 | |
| Open | Goode Amber J | $914,001 | |
| Closed | Goode Amber J | $3,200 | |
| Previous Owner | Dicerchio Jon | $82,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2020 08/28/20 | Sold | $92,680 | 0.0% | $113 / Sq Ft |
| 08/26/2020 08/26/20 | Price Changed | $92,680 | +3.1% | $113 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 07/01/2020 07/01/20 | Price Changed | $89,900 | -5.3% | $110 / Sq Ft |
| 03/13/2020 03/13/20 | For Sale | $94,900 | +89.8% | $116 / Sq Ft |
| 06/18/2018 06/18/18 | Sold | $50,000 | -30.5% | $61 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 05/16/2018 05/16/18 | Price Changed | $71,900 | -4.0% | $88 / Sq Ft |
| 02/28/2018 02/28/18 | For Sale | $74,900 | -- | $92 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,379 | $37,000 | $14,000 | $23,000 |
| 2024 | $2,572 | $37,000 | $14,000 | $23,000 |
| 2023 | $2,481 | $37,000 | $14,000 | $23,000 |
| 2022 | $2,315 | $37,000 | $14,000 | $23,000 |
| 2021 | $2,268 | $37,000 | $14,000 | $23,000 |
| 2020 | $2,196 | $37,000 | $14,000 | $23,000 |
| 2019 | $2,142 | $37,000 | $14,000 | $23,000 |
| 2018 | $2,120 | $37,000 | $14,000 | $23,000 |
| 2017 | $2,022 | $37,000 | $14,000 | $23,000 |
| 2016 | $761 | $37,000 | $14,000 | $23,000 |
| 2015 | $761 | $37,000 | $14,000 | $23,000 |
| 2014 | $753 | $37,000 | $14,000 | $23,000 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Binkley
C
Seller's Agent in 2020
Craig Binkley
A G Binkley Jr Real Estate
(555) 867-5309
6 in this area
42 Total Sales
-
Randy Weeber
Seller's Agent in 2018
Randy Weeber
RE/MAX of Reading
(610) 858-4134
4 in this area
149 Total Sales
Map
Source: Bright MLS
MLS Number: PABK356128
APN: 64-5316-08-88-1147
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