$13,000
SOLD APR 29, 2025

524 Spruce St Reading, PA 19602

0.04 Acre
$325,000 Price per Acre
1,742 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

28% Below List Price

615 Days on Market

About This Lot

As of April 2025

524 spruce st is a lot. suggested use is a place to build a home or use to rent parking spaces.

Last Agent to Sell the Property

Peter Gustis

(610) 209-9219 pete@petegustis.com Springer Realty Group Listed on: 07/31/2023

Springer Realty Group

Last Buyer's Agent

Peter Gustis

(610) 209-9219 pete@petegustis.com Springer Realty Group Listed on: 07/31/2023

Springer Realty Group

Property Details

Property Type

  • Land

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 0.40x 0.200
  • Property is zoned VACANT

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1445
  • Assessor Parcel Number 01-5306-35-88-1445

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.61

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.40x 0.200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: VACANT
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 138.00
  • Tax Annual Amount: 342.00
  • Assessor Parcel Number: 01-5306-35-88-1445
  • Tax Lot: 1445
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Apr 25, 2025
Sold by
Bowen Construction And Real Estate Co Ll
Bought by
Martinez Oscar
Seller's Agent
Peter Gustis
Springer Realty Group
Buyer's Agent
Peter Gustis
Springer Realty Group
List Price
$18,000
Sold Price
$13,000
Premium/Discount to List
-$5,000
-27.78%
Views
634
Current Estimated Value
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,000
Avg. Annual Appreciation
1938.81%

Purchase Details

Closed on
Aug 12, 2008
Sold by
Brey Jay and Brey Josh
Bought by
Brey Jay and Brey Josh

Purchase Details

Closed on
Apr 17, 2008
Sold by
Valley Real Estate Holdings Llc
Bought by
Brey Jay and Brey Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $13,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed $239,610 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,450 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $13,000 -13.3% $6 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $15,000 -6.3% $7 / Sq Ft
01/03/2025 01/03/25 Price Changed $16,000 -11.1% $8 / Sq Ft
12/12/2024 12/12/24 Price Changed $18,000 0.0% $9 / Sq Ft
12/12/2024 12/12/24 For Sale $18,000 -10.0% $9 / Sq Ft
12/02/2024 12/02/24 Off Market $20,000 -- --
08/07/2024 08/07/24 Price Changed $20,000 -20.0% $10 / Sq Ft
06/22/2024 06/22/24 Price Changed $25,000 -16.7% $12 / Sq Ft
07/31/2023 07/31/23 For Sale $30,000 -- $15 / 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 $209 $7,700 $7,700 --
2024 $342 $7,700 $7,700 --
2023 $337 $7,700 $7,700 $0
2022 $337 $7,700 $7,700 $0
2021 $337 $7,700 $7,700 $0
2020 $333 $7,700 $7,700 $0
2019 $333 $7,700 $7,700 $0
2018 $333 $7,700 $7,700 $0
2017 $331 $7,700 $7,700 $0
2016 $189 $7,700 $7,700 $0
2015 $189 $17,500 $7,700 $9,800
2014 $396 $32,600 $7,700 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2032984

Bright MLS

APN: 01-5306-35-88-1445