NOT LISTED FOR SALE

527 Park Ave Reading, PA 19611

Estimated Value: $216,000 - $267,000

-- Bed
2 Baths
1,858 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $180,000 $97 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,423/month

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • Ceiling height of 9 feet or more
  • Property is in excellent condition

About This Home

As of May 2021

Newly renovated two unit in the Millmont area of Reading PA. Live in one rent the other! One 3 bedroom and one 2 bedroom unit - separate heat and updated and separate electric, granite, hardwood, and tile. Wide street, plenty of parking nice size yard. Close to shopping, schools, etc. Must see!

Last Agent to Sell the Property

Vince Rollins

(484) 269-0617 exceptionalsolutions5@gmail.com Penn Realty Professionals LLC Listed on: 03/27/2021

Last Buyer's Agent

Vince Rollins

(484) 269-0617 exceptionalsolutions5@gmail.com Penn Realty Professionals LLC Listed on: 03/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1870

Lot Details

  • 3,484 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Architectural Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,858 Sq Ft Home
  • Ceiling height of 9 feet or more

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Millmont Elementary School
  • Reading High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Millmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-5306-57-63-1852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,774

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1870
  • Automatically Close On Close Date: Yes
  • Remarks Public: Newly renovated two unit in the Millmont area of Reading PA. Live in one rent the other! One 3 bedroom and one 2 bedroom unit - separate heat and updated and separate electric, granite, hardwood, and tile. Wide street, plenty of parking nice size yard. Close to shopping, schools, etc. Must see!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, 9'+ Ceilings
  • Room Count: 13
  • Total Sq Ft: 1858
  • Living Area Sq Ft: 1858
  • Price Per Sq Ft: 86.06
  • Above Grade Finished Sq Ft: 1858
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Architectural Shingle, Rubber
  • Spa: No
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Radiator, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: READING
  • Elementary School: MILLMONT
  • High School: READING
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200397169
  • School District Source: Listing Agent
  • Elementary School: MILLMONT
  • High School: READING

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3484.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1464950
  • Tax Annual Amount: 2774.00
  • Assessor Parcel Number: 18-5306-57-63-1852
  • Tax Year: 2020
  • Close Date: 05/18/2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 27, 2021
Sold by
Hamburg House Llc
Bought by
Miller Michael A and Miller Naomi S
Seller's Agent
Vince Rollins
Penn Realty Professionals LLC
Buyer's Agent
Vince Rollins
Penn Realty Professionals LLC
List Price
$159,900
Sold Price
$180,000
Premium/Discount to List
$20,100
12.57%
Current Estimated Value
$241,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,186
Avg. Annual Appreciation
6.86%
Original Mortgage
$137,600
Outstanding Balance
$124,773
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$116,413
Source: Public Records

Range of Values:

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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
Miller Michael A $180,000 First Amer Abstract Of Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Michael A $137,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $180,000 +12.6% $97 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $159,900 -- $86 / 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 $1,740 $64,100 $20,700 $43,400
2024 $2,846 $64,100 $20,700 $43,400
2023 $2,802 $64,100 $20,700 $43,400
2022 $2,802 $64,100 $20,700 $43,400
2021 $2,802 $64,100 $20,700 $43,400
2020 $2,774 $64,100 $20,700 $43,400
2019 $2,774 $64,100 $20,700 $43,400
2018 $2,774 $64,100 $20,700 $43,400
2017 $2,756 $64,100 $20,700 $43,400
2016 $1,574 $64,100 $20,700 $43,400
2015 $1,574 $64,100 $20,700 $43,400
2014 $1,449 $64,100 $20,700 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK375040

Bright MLS

APN: 18-5306-57-63-1852