Seller's Agent in 2022
Wanda Moore
Keller Williams Realty
(484) 256-3817
1 in this area
77 Total Sales
507 Summit Ave Reading, PA 19607
Liggett NeighborhoodEstimated Value: $243,000 - $278,000
2
Beds
2
Baths
1,238
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Living Room
- Forced Air Heating and Cooling System
- No HOA
- Laundry Room
- Dining Room
About This Home
As of October 2022Whether you are looking to downsize, or just starting out, this home can be the right house for you ! Nothing to do but move in ! This home sits on a very spacious corner lot with plenty of off street parking and has been this gardeners delight with the terraced gardens and beautiful hardscaped patio. This home has been very nicely maintained and there is nothing to do but move in. Nice Open Floor Plan on your Kitchen, Dining Room and Living Room, so even this cozy house can be a nice place for entertaining. The custom kitchen has utilized the space very nicely with oversized cabinetry and two pantries and breakfast bar between the kitchen and dining room. All kitchen appliances do remain as well as the washer and dryer, so if you are just starting out, no need to buy any appliances. The lower level is walkout to back yard area. There was a 3rd bedroom in this lower level area when the home was purchased, but was opened up to make a larger Rec Room area. There is also a full bath with a shower stall on the lower level which also houses the laundry room So if you want to use the Rec Room as a guest room for out of town visitors, they will have access to their own bathroom. A custom bar area has multi purpose use with allot of nice storage nooks. On this lower level you will also find a nice brick alcove which was designed to hold a wood stove or pellet stove which you can add if you like. Upstairs there are two spacious bedrooms, one which has been converted to an office to work from home, and accommodating expanded closet space , which can be converted back to the normal 2nd bedroom. This home can be purchased with a peace of mind, there is a One Year Home Warranty offered that will cover the mechanicals and appliances for you. These folks do have another home under contract, but this home sale will be contingent on the settlement of that house on September 26th.
Last Agent to Sell the Property
(484) 256-3817 wandamoorerealtor@comcast.net Keller Williams Realty Listed on: 09/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,109
Year Built
- Built in 1956
Lot Details
- 9,147 Sq Ft Lot
Parking
- Driveway
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- Property has 1.5 Levels
- Family Room
- Living Room
- Dining Room
- Laundry Room
- Partially Finished Basement
Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 7009
- Assessor Parcel Number 39-4396-20-92-7009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2022
Closed on
Oct 14, 2022
Sold by
Edwards Aubrey R
Bought by
Palmer William
Seller's Agent
Wanda Moore
Keller Williams Realty
Buyer's Agent
John Marmo
United Real Estate Strive 212
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,001
Avg. Annual Appreciation
3.78%
Original Mortgage
$155,000
Outstanding Balance
$148,752
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$110,249
Purchase Details
Listed on
Oct 18, 2016
Closed on
Dec 6, 2016
Sold by
Welsh Joel and Welsh Joel W
Bought by
Edwards Aubrey R
Seller's Agent
Joann Schmura
RE/MAX Of Reading
Buyer's Agent
Wanda Moore
Keller Williams Realty
List Price
$139,900
Sold Price
$134,900
Premium/Discount to List
-$5,000
-3.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$130,853
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2002
Sold by
Chowdhury A Rab and Chowdhury Rameeza Sofia
Bought by
Welsh Joel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Interest Rate
6.36%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palmer William | $230,000 | -- | |
| Edwards Aubrey R | $134,900 | Attorney | |
| Welsh Joel | $92,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palmer William | $155,000 | |
| Previous Owner | Edwards Aubrey R | $130,853 | |
| Previous Owner | Welsh Joel | $91,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $230,000 | 0.0% | $186 / Sq Ft | |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- | |
| 09/08/2022 09/08/22 | Price Changed | $230,000 | 0.0% | $186 / Sq Ft | |
| 09/07/2022 09/07/22 | Off Market | $230,000 | -- | -- | |
| 09/03/2022 09/03/22 | For Sale | $225,000 | +66.8% | $182 / Sq Ft | |
| 12/14/2016 12/14/16 | Sold | $134,900 | -3.6% | $109 / Sq Ft | View Prior Sale |
| 10/28/2016 10/28/16 | Pending | -- | -- | -- | |
| 10/18/2016 10/18/16 | For Sale | $139,900 | -- | $113 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,273 | $71,300 | $30,100 | $41,200 |
| 2024 | $3,281 | $71,300 | $30,100 | $41,200 |
| 2023 | $3,189 | $71,300 | $30,100 | $41,200 |
| 2022 | $3,109 | $71,300 | $30,100 | $41,200 |
| 2021 | $3,047 | $71,300 | $30,100 | $41,200 |
| 2020 | $3,047 | $71,300 | $30,100 | $41,200 |
| 2019 | $3,010 | $71,300 | $30,100 | $41,200 |
| 2018 | $2,956 | $71,300 | $30,100 | $41,200 |
| 2017 | $2,898 | $71,300 | $30,100 | $41,200 |
| 2016 | $1,099 | $71,300 | $30,100 | $41,200 |
| 2015 | $1,099 | $71,300 | $30,100 | $41,200 |
| 2014 | $1,099 | $71,300 | $30,100 | $41,200 |
Source: Public Records
Agents Affiliated with this Home
-
Wanda Moore
-
John Marmo
J
Buyer's Agent in 2022
John Marmo
United Real Estate Strive 212
(484) 256-0665
1 in this area
16 Total Sales
-
Joann Schmura
Seller's Agent in 2016
Joann Schmura
RE/MAX of Reading
(610) 781-9879
17 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2020894
APN: 39-4396-20-92-7009
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