$125,500
SOLD DEC 22, 2021

526 S 7th St Reading, PA 19602

-- Bed
-- Bath
1,792 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • 90% Forced Air Heating System
  • 3-minute walk to Reading Skatepark

About This Home

As of March 2025

Great investment property ready for new owners! This is two homes in one! Both units have living room, dining room, kitchen on the first floor, and full bathroom and two bedrooms on the second floor. Each unit has it's own private basement and separate heat and water heaters. Tenants pay all utilities, owner only pays water, sewer, trash, and taxes! Both tenants are month to month leases and rents are lower than market value at $600 for the front unit and $550 for the rear unit. A new sewer line and drainage system was just installed last year. Schedule your showing today!

Last Agent to Sell the Property

Scott Jaraczewski

Iron Valley Real Estate of Berks License #RM425663 Listed on: 11/29/2021

Iron Valley Real Estate of Berks

Last Buyer's Agent

Trent Stauffer

Bold Realty

Bold Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,792 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 8141
  • Assessor Parcel Number 02-5306-44-87-8141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$984

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Front unit's refrigerator
  • New Construction: No
  • Expected On Market: 11/30/2021 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment property ready for new owners! This is two homes in one! Both units have living room, dining room, kitchen on the first floor, and full bathroom and two bedrooms on the second floor. Each unit has it's own private basement and separate heat and water heaters. Tenants pay all utilities, owner only pays water, sewer, trash, and taxes! Both tenants are month to month leases and rents are lower than market value at $600 for the front unit and $550 for the rear unit. A new sewer line and drainage system was just installed last year. Schedule your showing today!
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 64.17
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 526

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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 112
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 403.00
  • Tax Annual Amount: 984.00
  • Assessor Parcel Number: 02-5306-44-87-8141
  • Tax Lot: 8141
  • Tax Total Finished Sq Ft: 1792
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/22/2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 4, 2025
Sold by
Kensington Developers Llc
Bought by
Dd Lamar Properties Llc
Seller's Agent
Trent Stauffer
Bold Realty
Buyer's Agent
Scott Gentile
Coldwell Banker Realty
List Price
$150,000
Sold Price
$206,000
Premium/Discount to List
$56,000
37.33%
Views
30
Current Estimated Value
$179,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,667
Avg. Annual Appreciation
-31.96%
Original Mortgage
$144,200
Outstanding Balance
$144,081
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$35,252

Purchase Details

Listed on
Nov 29, 2021
Closed on
Dec 22, 2021
Sold by
Cianciosi Mark A and Cianciosi Pamela J
Bought by
Kensington Developers Llc
Seller's Agent
Scott Jaraczewski
Iron Valley Real Estate of Berks
Buyer's Agent
Trent Stauffer
Bold Realty
List Price
$115,000
Sold Price
$125,500
Premium/Discount to List
$10,500
9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%

Purchase Details

Closed on
Mar 10, 2009
Sold by
Cojan Valentin
Bought by
Cianciosi Mark A and Cianciosi Pamela J
Source: Public Records

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Range of Values:

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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 $206,000 None Listed On Document
Deed $125,500 Stewart Abstract
Deed $20,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $206,000 +37.3% $115 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $150,000 +19.5% $84 / Sq Ft
12/22/2021 12/22/21 Sold $125,500 0.0% $70 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
12/04/2021 12/04/21 Off Market $125,500 -- --
11/29/2021 11/29/21 For Sale $115,000 -- $64 / 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 $611 $22,500 $8,800 $13,700
2024 $999 $22,500 $8,800 $13,700
2023 $984 $22,500 $8,800 $13,700
2022 $984 $22,500 $8,800 $13,700
2021 $984 $22,500 $8,800 $13,700
2020 $974 $22,500 $8,800 $13,700
2019 $974 $22,500 $8,800 $13,700
2018 $974 $22,500 $8,800 $13,700
2017 $967 $22,500 $8,800 $13,700
2016 $553 $22,500 $8,800 $13,700
2015 $553 $22,500 $8,800 $13,700
2014 $508 $22,500 $8,800 $13,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2007072

Bright MLS

APN: 02-5306-44-87-8141