NOT LISTED FOR SALE

505 Penn St Reading, PA 19601

Downtown Reading Neighborhood
Studio
-- Bath
35,000 Sq Ft
10,454 Sq Ft Lot

About This Home

This home is located at 505 Penn St, Reading, PA 19601. 505 Penn St is a home located in Berks County with nearby schools including Lauer's Park Elementary School, Reading Senior High School, and St. Peter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2017
Sold by
505 Penn Street Property Owner Llc
Bought by
Giftrock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Outstanding Balance
$627,598
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2007
Sold by
Blue Pearl Llc
Bought by
505 Penn Street Property Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2003
Sold by
Deauville Viii Lp
Bought by
Greystone Reading I Lp
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
Giftrock Llc $991,000 None Available
505 Penn Street Property Owner Llc $1,475,000 Conestoga Title Insurance Co
Greystone Reading I Lp $175,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giftrock Llc $752,000
Previous Owner 505 Penn Street Property Owner Llc $1,070,000
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 $17,113 $630,500 $117,600 $512,900
2024 $27,997 $630,500 $117,600 $512,900
2023 $27,563 $630,500 $117,600 $512,900
2022 $27,563 $551,700 $117,600 $434,100
2021 $24,118 $551,700 $117,600 $434,100
2020 $18,574 $429,200 $111,600 $317,600
2019 $13,277 $306,800 $113,800 $193,000
2018 $30,077 $695,000 $113,800 $581,200
2017 $7,953 $185,000 $113,800 $71,200
2016 $3,317 $185,000 $113,800 $71,200
2015 $4,544 $185,000 $113,800 $71,200
2014 $4,181 $185,000 $113,800 $71,200
Source: Public Records

Map

Pennsylvania Berks County Reading 19601 Downtown Reading

505 Penn St, Reading, PA

Not Listed for Sale

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