J
Seller's Agent in 2023
Jose Acosta
Iron Valley Real Estate of Berks
(610) 750-0159
2 in this area
33 Total Sales
529 Ritter St Reading, PA 19601
Greenwich NeighborhoodEstimated Value: $105,000 - $154,000
5
Beds
1
Bath
1,455
Sq Ft
$92/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating System
About This Home
As of May 2023Rare investment opportunity! This property boasts high rental demand and strong potential for positive cash flow. Don't miss out on the chance to expand your portfolio and generate significant returns in a prime location. Tenants would like to stay but, have to service notice to vacate if needed. Showings are extremely limited as to no bother the tenants. So plan ahead!
Last Agent to Sell the Property
(610) 750-0159 jose@mribuyhousespa.com Iron Valley Real Estate of Berks License #RS347244 Listed on: 04/13/2023
Last Buyer's Agent
(484) 450-8771 llourdesg2@icloud.com JM Diamond Realty License #RS356829
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,311
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,455 Sq Ft Home
- Property has 2.5 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- Reading Subdivision
Listing and Financial Details
- Tax Lot 7288
- Assessor Parcel Number 15-5307-64-43-7288
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2023
Closed on
May 31, 2023
Sold by
Haven Real Estate Investments
Bought by
Taiga Holdings Llc
Seller's Agent
Jose Acosta
Iron Valley Real Estate of Berks
Buyer's Agent
Lourdes Gonzalez-Nieves
JM Diamond Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,178
Avg. Annual Appreciation
18.61%
Original Mortgage
$102,000
Outstanding Balance
$99,292
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$34,886
Purchase Details
Listed on
Apr 13, 2023
Closed on
Apr 7, 2023
Sold by
Franckowiak Steven M
Bought by
Haven Real Estate Investments
Seller's Agent
Jose Acosta
Iron Valley Real Estate of Berks
Buyer's Agent
Lourdes Gonzalez-Nieves
JM Diamond Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Outstanding Balance
$99,292
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$34,886
Purchase Details
Closed on
Jan 31, 2008
Sold by
Franckowiak Thomas and Franckowiak Maureen E
Bought by
Franckowiak Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Taiga Holdings Llc | $90,000 | Stewart Title | |
| Haven Real Estate Investments | $60,000 | Stewart Title | |
| Franckowiak Steven M | $45,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Taiga Holdings Llc | $102,000 | |
| Previous Owner | Haven Real Estate Investments | $62,500 | |
| Previous Owner | Franckowiak Steven M | $33,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $90,000 | -5.3% | $62 / Sq Ft |
| 04/20/2023 04/20/23 | Pending | -- | -- | -- |
| 04/13/2023 04/13/23 | For Sale | $95,000 | -- | $65 / 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 | $814 | $30,000 | $6,100 | $23,900 |
| 2024 | $1,332 | $30,000 | $6,100 | $23,900 |
| 2023 | $1,311 | $30,000 | $6,100 | $23,900 |
| 2022 | $1,311 | $30,000 | $6,100 | $23,900 |
| 2021 | $1,311 | $30,000 | $6,100 | $23,900 |
| 2020 | $1,298 | $30,000 | $6,100 | $23,900 |
| 2019 | $1,298 | $30,000 | $6,100 | $23,900 |
| 2018 | $1,298 | $30,000 | $6,100 | $23,900 |
| 2017 | $1,290 | $30,000 | $6,100 | $23,900 |
| 2016 | $737 | $30,000 | $6,100 | $23,900 |
| 2015 | $737 | $30,000 | $6,100 | $23,900 |
| 2014 | $678 | $30,000 | $6,100 | $23,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Acosta
-
Lourdes Gonzalez-Nieves
Buyer's Agent in 2023
Lourdes Gonzalez-Nieves
JM Diamond Realty
(484) 450-8771
6 in this area
84 Total Sales
-
Jose Manzueta
Buyer Co-Listing Agent in 2023
Jose Manzueta
JM Diamond Realty
(484) 219-9232
11 in this area
279 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2028822
APN: 15-5307-64-43-7288
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