NOT LISTED FOR SALE

241 Melrose Ave Reading, PA 19606

Estimated Value: $159,000 - $194,000

2 Beds
1.5 Baths
1,192 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $100,000 $84 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,034/month

252 Days on Market

Highlights

  • Cape Cod Architecture
  • Sitting Room
  • Dining Room
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2020

Move right in to this well maintained 1.5 story, 2 bedroom home located on a flat, corner lot. This great home features a spacious living room with newer Pergo flooring, crown molding, and ceiling fan. The kitchen has lots of cabinets, brand new stainless steel range and hood, tile flooring, and a pretty tile backsplash, as well as plenty of storage in the hallway closets off the kitchen. You will also find a formal dining room which will easily accommodate mealtime. At the back of the home is a sitting room, with available laundry hook-up, leading into the first floor bedroom with its own remodeled powder room and ample closet space. An upgraded full bathroom with new flooring, new toilet, and new vanity completes the first floor. The second floor has additional storage and a nice sized, freshly painted second bedroom. You will also find a nicely sized yard and off-street parking. So call today for your private showing!

Last Agent to Sell the Property

Loretta Leibert

BHHS Homesale Realty- Reading Berks License #AB067626 Listed on: 06/21/2019

BHHS Homesale Realty- Reading Berks

Co-Listed By

Sandra Plenderleith

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Paul Melniczek

Keller Williams Platinum Realty - Wyomissing

Keller Williams Platinum Realty - Wyomissing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • Property has 1.5 Levels
  • Sitting Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5078
  • Assessor Parcel Number 23-5327-14-33-5078

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1948
  • Remarks Public: Move right in to this well maintained 1.5 story, 2 bedroom home located on a flat, corner lot. This great home features a spacious living room with newer Pergo flooring, crown molding, and ceiling fan. The kitchen has lots of cabinets, brand new stainless steel range and hood, tile flooring, and a pretty tile backsplash, as well as plenty of storage in the hallway closets off the kitchen. You will also find a formal dining room which will easily accommodate mealtime. At the back of the home is a sitting room, with available laundry hook-up, leading into the first floor bedroom with its own remodeled powder room and ample closet space. An upgraded full bathroom with new flooring, new toilet, and new vanity completes the first floor. The second floor has additional storage and a nice sized, freshly painted second bedroom. You will also find a nicely sized yard and off-street parking. So call today for your private showing!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1192
  • Living Area Sq Ft: 1192
  • Price Per Sq Ft: 92.28
  • Above Grade Finished Sq Ft: 1192
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: ANTIETAM
  • School District Key: 300200397315
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 106
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1853.00
  • Tax Annual Amount: 2617.00
  • Assessor Parcel Number: 23-5327-14-33-5078
  • Tax Lot: 5078
  • Tax Total Finished Sq Ft: 1192
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/24/2020

MLS Schools

  • School District Name: ANTIETAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Apr 24, 2020
Sold by
Mercadante Rita M
Bought by
Caral Christopher
Seller's Agent
Loretta Leibert
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Paul Melniczek
Keller Williams Platinum Realty - Wyomissing
List Price
$127,000
Sold Price
$100,000
Premium/Discount to List
-$27,000
-21.26%
Current Estimated Value
$174,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,545
Avg. Annual Appreciation
10.57%
Original Mortgage
$98,188
Outstanding Balance
$89,149
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$81,349

Purchase Details

Closed on
Jun 30, 2017
Sold by
Gibbons David L and Gibbons Phyllis P
Bought by
Mercadante Rita M

Purchase Details

Closed on
Jul 30, 2003
Sold by
Gibbons David I
Bought by
Gibbons David I and Gibbons Phyllis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
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
Caral Christopher $100,000 Regal Abstract
Mercadante Rita M $60,000 None Available
Gibbons David I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caral Christopher $8,403
Closed Caral Christopher $8,762
Closed Caral Chistopher $3,268
Open Caral Christopher $98,188
Previous Owner Gibbons David I $35,507
Previous Owner Gibbons David I $34,122
Previous Owner Gibbons David I $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $100,000 -9.1% $84 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $110,000 -4.3% $92 / Sq Ft
09/12/2019 09/12/19 Price Changed $114,900 -4.3% $96 / Sq Ft
08/07/2019 08/07/19 Price Changed $120,000 -5.5% $101 / Sq Ft
06/21/2019 06/21/19 For Sale $127,000 -- $107 / 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 $1,000 $45,200 $19,500 $25,700
2024 $2,938 $45,200 $19,500 $25,700
2023 $2,839 $45,200 $19,500 $25,700
2022 $2,749 $45,200 $19,500 $25,700
2021 $2,692 $45,200 $19,500 $25,700
2020 $2,617 $45,200 $19,500 $25,700
2019 $2,535 $45,200 $19,500 $25,700
2018 $2,508 $45,200 $19,500 $25,700
2017 $2,434 $45,200 $19,500 $25,700
2016 $679 $45,200 $19,500 $25,700
2015 $679 $45,200 $19,500 $25,700
2014 $645 $45,200 $19,500 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK343618

Bright MLS

APN: 23-5327-14-33-5078