NOT LISTED FOR SALE

416 Spruce St Reading, PA 19602

Estimated Value: $114,715

3 Beds
2 Baths
2,072 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $100,000 $48 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $670/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Electric Baseboard Heater
  • No HOA
  • 2 Detached Carport Spaces
  • 4-minute walk to Riverfront Park

About This Home

As of July 2022

Investment Opportunity! This home has two rental units, both are rented to long term tenants. First floor is a 1 bedroom, 1 bathroom apartment currently rented for $495/month. There is carport parking available, and is being used by 1st floor tenants. Second floor is a 2 bedroom, 1 bathroom apartment currently rented for $550/month. The landlord pays for water/sewer and trash/recycle, all other utilities are covered by the tenants. Schedule your showing today!

Last Agent to Sell the Property

Ron Flowers

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing Listed on: 04/27/2022

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Brian Guzman

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212

United Real Estate Strive 212

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4484
  • Assessor Parcel Number 01-5306-34-78-4484

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,408

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2072
  • Living Area Sq Ft: 2072
  • Price Per Sq Ft: 38.56
  • Above Grade Finished Sq Ft: 2072
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22200.00
  • Land Assessed Value: 10000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: MIXED USE

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1440067
  • School Tax: 577.00
  • Tax Annual Amount: 1408.00
  • Assessor Parcel Number: 01-5306-34-78-4484
  • Tax Lot: 4484
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Guzman Brian A and Ruiz Yaneilis Ciriaco
Bought by
Jay Noble Llc
Current Estimated Value
$114,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$110,859
Interest Rate
18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 28, 2022
Sold by
Khaled Saad
Bought by
Guzman Brian A and Ruiz Yaneilis Ciriaco
Seller's Agent
Ron Flowers
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Brian Guzman
United Real Estate Strive 212
List Price
$79,900
Sold Price
$100,000
Premium/Discount to List
$20,100
25.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Eckenroth W Lowell and Karpenko Larry
Bought by
Saad Khaled
Source: Public Records
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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
Jay Noble Llc $88,550 None Listed On Document
Guzman Brian A $100,000 None Listed On Document
Saad Khaled $2,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jay Noble Llc $111,000
Previous Owner Guzman Brian A $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $100,000 +25.2% $48 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $79,900 -- $39 / Sq Ft
Source: Bright MLS

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 $874 $32,200 $10,000 $22,200
2024 $1,430 $32,200 $10,000 $22,200
2023 $1,408 $32,200 $10,000 $22,200
2022 $1,408 $32,200 $10,000 $22,200
2021 $1,408 $32,200 $10,000 $22,200
2020 $1,394 $32,200 $10,000 $22,200
2019 $1,394 $32,200 $10,000 $22,200
2018 $1,394 $32,200 $10,000 $22,200
2017 $1,384 $32,200 $10,000 $22,200
2016 $791 $32,200 $10,000 $22,200
2015 $791 $32,200 $10,000 $22,200
2014 $728 $32,200 $10,000 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2014958

Bright MLS

APN: 01-5306-34-78-4484

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