NOT LISTED FOR SALE

516 Pennsylvania Ave Reading, PA 19605

Hyde Park-Muhlenberg Neighborhood

Estimated Value: $209,000 - $242,000

3 Beds
1 Bath
1,158 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $185,000 $160 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,281/month

4 Days on Market

Highlights

  • No HOA
  • 90% Forced Air Heating System
  • 4-minute walk to Hyde Park Playground

About This Home

As of December 2022

Welcome to 516 Pennsylvania Ave. A beautiful Semi-detached home ready for it’s new owner. You’re first greeted to a fenced in yard with fresh new landscaping. Living room features a large bay window for great natural light. Separate dining room, kitchen has new flooring, and provides access to a finished basement, and extended yard with a shed that stays. 3 spacious bedrooms, 1 bath, gas heat, and an updated bathroom. Schedule your showing today!

Last Agent to Sell the Property

Michelange Alexis

(610) 401-7122 mikealexis.united@gmail.com Iron Valley Real Estate of Berks Listed on: 10/29/2022

Iron Valley Real Estate of Berks

Last Buyer's Agent

Michelange Alexis

(610) 401-7122 mikealexis.united@gmail.com Iron Valley Real Estate of Berks Listed on: 10/29/2022

Iron Valley Real Estate of Berks

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,158 Sq Ft Home
  • Property has 2.5 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Muhlenberg Middle School
  • Muhlenberg High School

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3860
  • Assessor Parcel Number 66-5308-12-95-3860

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,362

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 10/29/2022 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 2.5
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1158
  • Living Area Sq Ft: 1158
  • Price Per Sq Ft: 159.76
  • Above Grade Finished Sq Ft: 1158
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: MUHLENBERG
  • Middle Or Junior School: MUHLENBERG

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2398.00
  • Tax Annual Amount: 3362.00
  • Assessor Parcel Number: 66-5308-12-95-3860
  • Tax Lot: 3860
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Dec 12, 2022
Sold by
Parzanese Steven A and Parzanese Karen J
Bought by
Elaine Codispotl
Seller's Agent
Michelange Alexis
Iron Valley Real Estate of Berks
Buyer's Agent
Michelange Alexis
Iron Valley Real Estate of Berks
List Price
$185,000
Sold Price
$185,000
Views
31
Current Estimated Value
$225,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,834
Avg. Annual Appreciation
6.90%
Original Mortgage
$113,000
Outstanding Balance
$109,609
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$116,225

Purchase Details

Closed on
Nov 14, 1988
Bought by
Parzanese Stephen A and Parzanese Karen J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elaine Codispotl $185,000 --
Parzanese Stephen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elaine Codispotl $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $185,000 0.0% $160 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
11/03/2022 11/03/22 Off Market $185,000 -- --
10/29/2022 10/29/22 For Sale $185,000 -- $160 / 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 $1,117 $74,400 $23,800 $50,600
2024 $3,582 $74,400 $23,800 $50,600
2023 $3,362 $74,400 $23,800 $50,600
2022 $3,306 $74,400 $23,800 $50,600
2021 $3,228 $74,400 $23,800 $50,600
2020 $3,228 $74,400 $23,800 $50,600
2019 $3,160 $74,400 $23,800 $50,600
2018 $3,104 $74,400 $23,800 $50,600
2017 $3,045 $74,400 $23,800 $50,600
2016 $920 $74,400 $23,800 $50,600
2015 $902 $74,400 $23,800 $50,600
2014 $902 $74,400 $23,800 $50,600
Source: Public Records

Agents Affiliated with this Home

  • Michelange Alexis

    Seller's Agent in 2022

    Michelange Alexis

    Iron Valley Real Estate of Berks

    (610) 401-7122

    3 in this area

    78 Total Sales

    Michelange Alexis
    Section Image
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Map

Source: Bright MLS

MLS Number: PABK2023384

Bright MLS

APN: 66-5308-12-95-3860

Pennsylvania Berks County Reading 19605 Hyde Park-Muhlenberg

516 Pennsylvania Ave, Reading, PA

Not Listed for Sale

Townhouses

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