431 Cedar St Reading, PA 19601
Southeast Reading NeighborhoodEstimated payment $686/month
About This Home
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: 03/14/2026
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
- 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 |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Pending | -- | -- | -- | |
| 03/14/2026 03/14/26 | For Sale | $114,900 | +76.8% | $149 / Sq Ft | |
| 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 |
About the Listing Agent
Ivonn developed an interest in real estate while employed as an insurance agent. It has always been her goal to provide excellent customer service. Her attention to detail and organizational skills enable her to act as a strong advocate for her clients to achieve their goals.
Ivonn's Other Listings
Source: Bright MLS
MLS Number: PABK2069036
APN: 11-5307-68-92-7893
Ask me questions while you tour the home.