521 Locust St Reading, PA 19604
District 6 NeighborhoodEstimated Value: $119,000 - $172,000
5
Beds
1
Bath
1,946
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted In Outer Wall Opening
- Living Room
- Eat-In Kitchen
- Patio
- En-Suite Primary Bedroom
About This Home
As of September 2016INVESTOR ALERT! This home has plenty of space with a large living room and oversized eat-in kitchen. Off the kitchen is a yard and patio and a nice wood porch in the front. Buy this home cheaper then other homes in the area and when your done updating and providing TLC your home can have instant equity and will be ready for renters providing immediate cash flow. Cost to purchase and repairs can value your home more than other move-in ready rentals, while having newer updates making it easier to rent. A great investment opportunity for someone looking to expand on their portfolio. This home may also be purchased with 635 Moss street as part of a package deal.
Last Listed By
Realty One Group Restore - Collegeville License #RS329885 Listed on: 08/26/2016
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1910
Lot Details
- 1,307 Sq Ft Lot
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Pitched Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Living Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Patio
Schools
- Reading Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Northeast Reading Subdivision
Listing and Financial Details
- Tax Lot 4245
- Assessor Parcel Number 11-5317-62-13-4245
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2017
Sold by
Butt Jawed
Bought by
Jam 3 Revocable Living Trust
Total Days on Market
6
Current Estimated Value
Purchase Details
Listed on
Aug 26, 2016
Closed on
Sep 22, 2016
Sold by
Heritage Vue Properties Llc
Bought by
Butt Jawed
Seller's Agent
Shawn Warman
Realty One Group Restore - Collegeville
Buyer's Agent
Jorge Diaz
Light House Realtors, LLC
List Price
$16,500
Sold Price
$17,500
Premium/Discount to List
$1,000
6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.22%
Purchase Details
Closed on
Aug 16, 2006
Sold by
Im Tasker Lp
Bought by
Heritage Vue Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2004
Sold by
Weber Robert L and Weber Nancy L
Bought by
Im Tasker Lp
Purchase Details
Closed on
Aug 26, 2002
Sold by
Focht Jeffery J and Focht Julie L
Bought by
Weber Robert L and Weber Nancy L
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Similar Homes in Reading, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jam 3 Revocable Living Trust | -- | None Available | |
| Butt Jawed | $17,500 | None Available | |
| Heritage Vue Properties Llc | $41,000 | None Available | |
| Im Tasker Lp | $32,000 | -- | |
| Weber Robert L | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ars Realty Co Llc | $50,000 | |
| Previous Owner | Heritage Vue Properties Llc | $90,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2016 09/23/16 | Sold | $17,500 | +6.1% | $9 / Sq Ft |
| 09/01/2016 09/01/16 | Pending | -- | -- | -- |
| 08/26/2016 08/26/16 | For Sale | $16,500 | -- | $8 / 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 | $923 | $34,000 | $12,000 | $22,000 |
| 2024 | $1,510 | $34,000 | $12,000 | $22,000 |
| 2023 | $1,486 | $34,000 | $12,000 | $22,000 |
| 2022 | $1,486 | $34,000 | $12,000 | $22,000 |
| 2021 | $1,486 | $34,000 | $12,000 | $22,000 |
| 2020 | $1,471 | $34,000 | $12,000 | $22,000 |
| 2019 | $1,471 | $34,000 | $12,000 | $22,000 |
| 2018 | $1,471 | $34,000 | $12,000 | $22,000 |
| 2017 | $1,462 | $34,000 | $12,000 | $22,000 |
| 2016 | $835 | $34,000 | $12,000 | $22,000 |
| 2015 | $835 | $34,000 | $12,000 | $22,000 |
| 2014 | $768 | $34,000 | $12,000 | $22,000 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Warman
Seller's Agent in 2016
Shawn Warman
Realty One Group Restore - Collegeville
(267) 885-4955
94 Total Sales
-
Jorge Diaz
Buyer's Agent in 2016
Jorge Diaz
Light House Realtors, LLC
(610) 507-4933
1 in this area
23 Total Sales
Map
Source: Bright MLS
MLS Number: 1003897971
APN: 11-5317-62-13-4245
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