431 Cedar St Reading, PA 19601
Southeast Reading NeighborhoodEstimated payment $667/month
About This Home
More pictures coming soon! Great opportunity in Reading for both investors and first-time home buyers. This 3 bedroom, 1 bath home is currently rented to long term tenants on a month to month lease paying $1,200 per month, providing immediate rental income while still offering flexibility for a future owner occupant. With extremely low taxes of only $906 per year, this property offers excellent affordability and strong potential. Whether you're looking to expand your investment portfolio or purchase your first home, this property presents a great opportunity. Conveniently located near local amenities, shopping, and major routes.
Listing Agent
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks Brokerage Phone: 4844508771 License #350425 Listed on: 03/06/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $906
Year Built
- Built in 1900
Lot Details
- 435 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 770 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Reading Subdivision
Listing and Financial Details
- Coming Soon on 3/14/26
- Tax Lot 7893
- Assessor Parcel Number 11-5307-68-92-7893
Map
Home Values in the Area
Average Home Value in this Area
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 | $546 | $20,100 | $5,300 | $14,800 |
| 2024 | $893 | $20,100 | $5,300 | $14,800 |
| 2023 | $879 | $20,100 | $5,300 | $14,800 |
| 2022 | $879 | $20,100 | $5,300 | $14,800 |
| 2021 | $879 | $20,100 | $5,300 | $14,800 |
| 2020 | $870 | $20,100 | $5,300 | $14,800 |
| 2019 | $870 | $20,100 | $5,300 | $14,800 |
| 2018 | $870 | $20,100 | $5,300 | $14,800 |
| 2017 | $864 | $20,100 | $5,300 | $14,800 |
| 2016 | $494 | $20,100 | $5,300 | $14,800 |
| 2015 | $494 | $20,100 | $5,300 | $14,800 |
| 2014 | $454 | $20,100 | $5,300 | $14,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2023 02/22/23 | Sold | $65,000 | -13.3% | $84 / Sq Ft | View Prior Sale |
| 01/17/2023 01/17/23 | Pending | -- | -- | -- | |
| 12/02/2022 12/02/22 | For Sale | $75,000 | +15.4% | $97 / Sq Ft | |
| 12/01/2022 12/01/22 | Off Market | $65,000 | -- | -- | |
| 11/30/2022 11/30/22 | Price Changed | $75,000 | -6.3% | $97 / Sq Ft | |
| 10/07/2022 10/07/22 | For Sale | $80,000 | 0.0% | $104 / Sq Ft | |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- | |
| 09/01/2022 09/01/22 | For Sale | $80,000 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $65,000 | -- | |
| Warranty Deed | $40,000 | None Listed On Document | |
| Quit Claim Deed | $12,000 | None Available | |
| Deed | $8,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $13,000 | None Available | |
| Deed | $11,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,000 | New Conventional | |
| Previous Owner | $54,000 | New Conventional |
Source: Bright MLS
MLS Number: PABK2069036
APN: 11-5307-68-92-7893
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Ask me questions while you tour the home.