NOT LISTED FOR SALE

507 Franklin St West Reading, PA 19611

Estimated Value: $199,183 - $249,000

3 Beds
1 Bath
1,114 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $60,000 $54 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,272/month

Highlights

  • Traditional Architecture
  • No HOA
  • En-Suite Primary Bedroom
  • West Reading Elementary Center Rated A-
  • Living Room
  • Forced Air Heating System

About This Home

As of February 2017

This property features a dwelling in the rear so you basically get 2 separate houses. Main house is in fixer up condition, needs work and cosmetics. New roofs installed after hail storm. Large kitchen and bathroom. Functioning mechanicals. Separate house in rear needs complete remodeling. Has separate electric meter. Studio apartment style but larger. Owner must sell.

Last Agent to Sell the Property

Jaime Perez

(610) 413-2255 jaimeperezrealtor@gmail.com Keller Williams Platinum Realty - Wyomissing Listed on: 07/26/2016

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Jaime Perez

(610) 413-2255 jaimeperezrealtor@gmail.com Keller Williams Platinum Realty - Wyomissing Listed on: 07/26/2016

Keller Williams Platinum Realty - Wyomissing

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1887

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,114 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • West Reading Subdivision

Listing and Financial Details

  • Tax Lot 2905
  • Assessor Parcel Number 93-5306-05-29-2905

Townhouse Details

Home Type

Townhome

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Remarks Public: This property features a dwelling in the rear so you basically get 2 separate houses. Main house is in fixer up condition, needs work and cosmetics. New roofs installed after hail storm. Large kitchen and bathroom. Functioning mechanicals. Separate house in rear needs complete remodeling. Has separate electric meter. Studio apartment style but larger. Owner must sell.
  • Special Features: 4108
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1114
  • Living Area Sq Ft: 1114
  • Net Sq Ft: 1114.00
  • Price Per Sq Ft: 56.55
  • Above Grade Finished Sq Ft: 1114
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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: WYOMISSING AREA
  • School District Key: 300200397308

Lot Info

  • Improvement Assessed Value: 42500.00
  • Land Assessed Value: 17000.00
  • Land Use Code: 111R
  • Lot Size Acres: 0.05
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1587507
  • Tax Annual Amount: 2680.00
  • Assessor Parcel Number: 93-5306-05-29-2905
  • Tax Lot: 2905
  • Tax Year: 2016
  • Close Date: 02/14/2017

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2019
Sold by
Vecchio Frank
Bought by
Frank Vecchio Rentals Llc
Current Estimated Value
$218,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 26, 2016
Closed on
Feb 14, 2017
Sold by
Diguardi Gregory J
Bought by
Vecchio Frank
Seller's Agent
Jaime Perez
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Jaime Perez
Keller Williams Platinum Realty - Wyomissing
List Price
$63,000
Sold Price
$60,000
Premium/Discount to List
-$3,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Diaz Steven and Diguardi Christine L
Bought by
Diguardi Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2001
Sold by
Mertz Kevin and Mertz Tina
Bought by
Diaz Steven and Diguardi Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,324
Interest Rate
6.93%
Mortgage Type
FHA
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
Frank Vecchio Rentals Llc -- Conestoga Title Company
Vecchio Frank $61,500 None Available
Diguardi Gregory J -- None Available
Diaz Steven $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Vecchio Rentals Llc $126,400
Previous Owner Diguardi Gregory J $103,098
Previous Owner Diaz Steven $69,324
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2017 02/14/17 Sold $60,000 -4.8% $54 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $63,000 0.0% $57 / Sq Ft
01/20/2017 01/20/17 For Sale $63,000 +5.0% $57 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
10/08/2016 10/08/16 Off Market $60,000 -- --
07/26/2016 07/26/16 For Sale $79,900 -- $72 / Sq Ft
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 $1,345 $59,500 $17,000 $42,500
2024 $3,289 $59,500 $17,000 $42,500
2023 $2,183 $59,500 $17,000 $42,500
2022 $3,052 $59,500 $17,000 $42,500
2021 $3,000 $59,500 $17,000 $42,500
2020 $2,912 $59,500 $17,000 $42,500
2019 $2,852 $59,500 $17,000 $42,500
2018 $2,771 $59,500 $17,000 $42,500
2017 $2,710 $59,500 $17,000 $42,500
2016 $873 $59,500 $17,000 $42,500
2015 $873 $59,500 $17,000 $42,500
2014 $844 $59,500 $17,000 $42,500
Source: Public Records

Agents Affiliated with this Home

  • Jaime Perez

    Seller's Agent in 2017

    Jaime Perez

    Keller Williams Platinum Realty - Wyomissing

    (610) 413-2255

    2 in this area

    78 Total Sales

    Jaime Perez
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Map

Source: Bright MLS

MLS Number: 1003329401

Bright MLS

APN: 93-5306-05-29-2905

Pennsylvania Berks County West Reading 19611

507 Franklin St, West Reading, PA

This home is located at 507 Franklin St, West Reading, PA 19611 since 26 July 2016 and is currently estimated at $218,796, approximately $196 per square foot. This property was built in 1887. 507 Franklin St is a home located in Berks County with nearby schools including West Reading Elementary Center, Wyomissing Hills Elementary Center, and Wyomissing Area Junior-Senior High School.

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