2516 Cumberland Ave Reading, PA 19606
3
Beds
1
Bath
1,394
Sq Ft
3,920
Sq Ft Lot
Highlights
- Riding Ring
- Wood Flooring
- 1 Car Detached Garage
- Colonial Architecture
- No HOA
- Porch
About This Home
As of December 2023Absolutely charming brick single in the heart of Mt. Penn. This home has been meticulously updated including refinishing the beautiful hardwood floors, adding tile to the kitchen floor, repainting the entire home, and replacing the oil furnace with a gas furnace and adding central air. The roof is also newer. The living room features a brick fireplace as a focal point with crown molding accenting the ceiling. Two bedrooms upstairs with hardwood floors. The third bedroom is currently used as a walk in closet but can be converted back to a bedroom if desired. You won't be disappointed with this home.
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 3,920 Sq Ft Lot
- Property is in good condition
Parking
- 1 Car Detached Garage
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 1,394 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Brick Fireplace
- Family Room
- Living Room
- Dining Room
- Eat-In Kitchen
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Electric Water Heater
Additional Features
- Porch
- Riding Ring
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2098
- Assessor Parcel Number 64-5316-08-98-2098
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Dec 27, 2023
Sold by
Gale Bradley D
Bought by
Heichel Melissa
Seller's Agent
Justine Dennis McPhee
Keller Williams Elite
Buyer's Agent
Breffny Rouse
RE/MAX Reliance
List Price
$235,000
Sold Price
$241,000
Premium/Discount to List
$6,000
2.55%
Views
160
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
$3,283
Avg. Annual Appreciation
0.88%
Original Mortgage
$137,000
Outstanding Balance
$135,340
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$108,943
Purchase Details
Listed on
Nov 12, 2020
Closed on
Feb 10, 2021
Sold by
Baez Emilio and Rosadov Vega Sheree
Bought by
Gale Bradley D
Seller's Agent
Dana Riegel
RE/MAX Of Reading
Buyer's Agent
Pam Pfennig
BHHS Homesale Realty- Reading Berks
List Price
$158,000
Sold Price
$160,000
Premium/Discount to List
$2,000
1.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$128,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 24, 2017
Closed on
Jun 30, 2017
Sold by
Grabert Kelsey A
Bought by
Baez Emilio and Rosado Vega Sheree Lynn
Seller's Agent
Matt Wolf
RE/MAX Of Reading
Buyer's Agent
Sandy Matz
RE/MAX Of Reading
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$131,100
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2011
Sold by
Anders Alison L
Bought by
Grabert Kelsey A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,603
Interest Rate
4.5%
Mortgage Type
FHA
Similar Homes in Reading, PA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $241,000 | None Listed On Document | |
| Deed | $160,000 | Homesale Settlement Services | |
| Deed | $138,000 | None Available | |
| Deed | $134,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,000 | New Conventional | |
| Previous Owner | $128,000 | New Conventional | |
| Previous Owner | $131,100 | New Conventional | |
| Previous Owner | $130,603 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2023 12/28/23 | Sold | $241,000 | +2.6% | $173 / Sq Ft |
| 11/20/2023 11/20/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $235,000 | +46.9% | $169 / Sq Ft |
| 02/12/2021 02/12/21 | Sold | $160,000 | +1.3% | $115 / Sq Ft |
| 01/08/2021 01/08/21 | Pending | -- | -- | -- |
| 01/06/2021 01/06/21 | For Sale | $158,000 | 0.0% | $113 / Sq Ft |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- |
| 11/12/2020 11/12/20 | For Sale | $158,000 | +14.5% | $113 / Sq Ft |
| 06/30/2017 06/30/17 | Sold | $138,000 | -1.4% | $99 / Sq Ft |
| 06/02/2017 06/02/17 | Pending | -- | -- | -- |
| 05/24/2017 05/24/17 | For Sale | $139,900 | -- | $100 / 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 | $2,366 | $76,300 | $24,500 | $51,800 |
| 2024 | $5,303 | $76,300 | $24,500 | $51,800 |
| 2023 | $5,117 | $76,300 | $24,500 | $51,800 |
| 2022 | $4,775 | $76,300 | $24,500 | $51,800 |
| 2021 | $4,677 | $76,300 | $24,500 | $51,800 |
| 2020 | $4,528 | $76,300 | $24,500 | $51,800 |
| 2019 | $4,418 | $76,300 | $24,500 | $51,800 |
| 2018 | $4,373 | $76,300 | $24,500 | $51,800 |
| 2017 | $4,171 | $76,300 | $24,500 | $51,800 |
| 2016 | $1,372 | $76,300 | $24,500 | $51,800 |
| 2015 | $1,372 | $76,300 | $24,500 | $51,800 |
| 2014 | $1,322 | $76,300 | $24,500 | $51,800 |
Source: Public Records
Agents Affiliated with this Home
-
Justine Dennis McPhee
Seller's Agent in 2023
Justine Dennis McPhee
Keller Williams Elite
(717) 690-4101
1 in this area
134 Total Sales
-
Gina Meier
Seller Co-Listing Agent in 2023
Gina Meier
Keller Williams Elite
(717) 413-3488
1 in this area
142 Total Sales
-
Breffny Rouse
Buyer's Agent in 2023
Breffny Rouse
RE/MAX
(215) 317-5127
1 in this area
53 Total Sales
-
Dana Riegel
Seller's Agent in 2021
Dana Riegel
RE/MAX of Reading
(610) 451-2324
3 in this area
102 Total Sales
-
Pam Pfennig
Buyer's Agent in 2021
Pam Pfennig
BHHS Homesale Realty- Reading Berks
(610) 780-9147
1 in this area
105 Total Sales
-
Matt Wolf
Seller's Agent in 2017
Matt Wolf
RE/MAX of Reading
(610) 587-3844
6 in this area
459 Total Sales
Map
Source: Bright MLS
MLS Number: 1003656423
APN: 64-5316-08-98-2098
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