NOT LISTED FOR SALE

501 Chestnut St West Reading, PA 19611

Estimated Value: $188,000 - $236,664

5 Beds
2 Baths
1,566 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $105,000 $67 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,304/month

96 Days on Market

Highlights

  • Second Kitchen
  • View of Trees or Woods
  • Wooded Lot
  • West Reading Elementary Center Rated A-
  • Contemporary Architecture
  • Corner Lot

About This Home

As of October 2019

Huge single home in West Reading across the street from playground and police station. Possible 5 bedroom and 2 full bath with 2 kitchens. New gas boiler and flooring through out. Home needs completion being sold as is by seller and a 1 year home warranty at full price. Cash buyers only!. Immediate Possession!

Last Agent to Sell the Property

Ronald Samsel

United Real Estate Strive 212 License #RS202136L Listed on: 06/13/2019

United Real Estate Strive 212

Last Buyer's Agent

Ronald Samsel

United Real Estate Strive 212 License #RS202136L Listed on: 06/13/2019

United Real Estate Strive 212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 1907

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 20 x 130
  • Landscaped
  • Corner Lot
  • Open Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is zoned RESUDENTIAL

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Views of Woods
  • Second Kitchen

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • West Reading Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2552
  • Assessor Parcel Number 93-5306-05-29-2552

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,415

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1907
  • Remarks Public: Huge single home in West Reading across the street from playground and police station. Possible 5 bedroom and 2 full bath with 2 kitchens. New gas boiler and flooring through out. Home needs completion being sold as is by seller and a 1 year home warranty at full price. Cash buyers only!. Immediate Possession!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: 2nd Kitchen, Dining Area, Formal/Separate Dining Room, Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Breakfast Room, Bathroom 1, Bathroom 2, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1566
  • Living Area Sq Ft: 1566
  • Price Per Sq Ft: 73.44
  • Above Grade Finished Sq Ft: 1566
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 5
  • 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
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Sidewalks, Outbuilding(s)
  • Roof: Asphalt, Metal, Shingle
  • Spa: No
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 32400.00
  • Land Assessed Value: 18000.00
  • Land Use Code: 112
  • Lot Features: Backs To Trees, Landscaping, Open, Rear Yard, Road Frontage, Trees/Wooded
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20 X 130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2019
  • Zoning: RESUDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1587502
  • School Tax: 1546.00
  • Tax Annual Amount: 2415.00
  • Assessor Parcel Number: 93-5306-05-29-2552
  • Tax Lot: 2552
  • Tax Total Finished Sq Ft: 1566
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/04/2019

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 4, 2019
Sold by
Nelovic Abedin
Bought by
Vu Chau Thi Mai Linh and Vu Thi Thu Thuy
Seller's Agent
Ronald Samsel
United Real Estate Strive 212
Buyer's Agent
Ronald Samsel
United Real Estate Strive 212
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Total Days on Market
96
Current Estimated Value
$216,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,416
Avg. Annual Appreciation
13.49%

Purchase Details

Listed on
Dec 17, 2013
Closed on
Oct 17, 2014
Sold by
Zoe & Sofia Management Llc
Bought by
Nelovic Abedin
Seller's Agent
Jeff Crosby
Pagoda Realty
Buyer's Agent
Ronald Samsel
United Real Estate Strive 212
List Price
$58,900
Sold Price
$40,000
Premium/Discount to List
-$18,900
-32.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.43%

Purchase Details

Closed on
Nov 6, 2008
Sold by
Palomino Juan Carlos
Bought by
Zoe & Sofia Management Llc

Purchase Details

Closed on
Sep 2, 2008
Sold by
Stocker Wayne F
Bought by
Palomino Juan Carlos

Purchase Details

Closed on
Jul 14, 2005
Sold by
Stocker Grant C
Bought by
Stocker Grant C and Stocker Wayne F
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
Vu Chau Thi Mai Linh $105,000 Edge Abstract
Nelovic Abedin $40,000 None Available
Zoe & Sofia Management Llc $153,216 First American Title Insuran
Palomino Juan Carlos $123,000 First American Title Insuran
Stocker Grant C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $105,000 -8.7% $67 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $115,000 -4.2% $73 / Sq Ft
08/02/2019 08/02/19 Price Changed $120,000 0.0% $77 / Sq Ft
08/02/2019 08/02/19 For Sale $120,000 -3.9% $77 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/04/2019 07/04/19 Price Changed $124,900 -3.8% $80 / Sq Ft
06/13/2019 06/13/19 For Sale $129,900 +224.8% $83 / Sq Ft
10/17/2014 10/17/14 Sold $40,000 -28.4% --
09/15/2014 09/15/14 Pending -- -- --
12/26/2013 12/26/13 Price Changed $55,900 -5.1% --
12/17/2013 12/17/13 For Sale $58,900 -- --
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 $1,140 $50,400 $18,000 $32,400
2024 $2,786 $50,400 $18,000 $32,400
2023 $1,849 $50,400 $18,000 $32,400
2022 $2,586 $50,400 $18,000 $32,400
2021 $2,541 $50,400 $18,000 $32,400
2020 $2,467 $50,400 $18,000 $32,400
2019 $2,415 $50,400 $18,000 $32,400
2018 $2,347 $50,400 $18,000 $32,400
2017 $2,295 $50,400 $18,000 $32,400
2016 $740 $50,400 $18,000 $32,400
2015 $740 $50,400 $18,000 $32,400
2014 $715 $50,400 $22,800 $27,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK343086

Bright MLS

APN: 93-5306-05-29-2552