NOT LISTED FOR SALE

538 Pike St Reading, PA 19601

Estimated Value: $141,971 - $200,000

5 Beds
1 Bath
1,558 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $40,000 $26 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $1,046/month

Highlights

  • Contemporary Architecture
  • Porch
  • Air Filtration System
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of January 2017

This home has serious potential. Mechanicals are good and structure is good. does need cosmetic improvements to really make it shine. Great opportunity to build equity as home is priced lower than average for the area. Property is occupied and everything works.

Last Agent to Sell the Property

Ron and Gigi Batista Team

(610) 484-8663 Rgbatistateam@gmail.com Realty One Group Alliance Listed on: 05/01/2016

Realty One Group Alliance

Last Buyer's Agent

Ron and Gigi Batista Team

(610) 484-8663 Rgbatistateam@gmail.com Realty One Group Alliance Listed on: 05/01/2016

Realty One Group Alliance

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1921

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,558 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Air Filtration System
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2709
  • Assessor Parcel Number 14-5307-35-87-2709

Townhouse Details

Home Type

Townhome

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1921
  • Remarks Public: This home has serious potential. Mechanicals are good and structure is good. does need cosmetic improvements to really make it shine. Great opportunity to build equity as home is priced lower than average for the area. Property is occupied and everything works.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Island, Ceiling Fan(s), Air Filter System, Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1558
  • Living Area Sq Ft: 1558
  • Net Sq Ft: 1558.00
  • Price Per Sq Ft: 29.20
  • Above Grade Finished Sq Ft: 1558
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 538

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 29600.00
  • Land Assessed Value: 12000.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1453293
  • Tax Annual Amount: 1788.00
  • Assessor Parcel Number: 14-5307-35-87-2709
  • Tax Lot: 2709
  • Tax Year: 2016
  • Close Date: 01/27/2017

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2016
Closed on
Jan 27, 2017
Sold by
Reyes Caridad
Bought by
Monestel Abigail
Seller's Agent
Ron and Gigi Batista Team
Realty One Group Alliance
Buyer's Agent
Ron and Gigi Batista Team
Realty One Group Alliance
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$181,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,493
Avg. Annual Appreciation
18.87%
Original Mortgage
$41,729
Outstanding Balance
$34,598
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$146,895

Purchase Details

Closed on
May 29, 2008
Sold by
Chen Dan Hong
Bought by
Reyes Caridad

Purchase Details

Closed on
Feb 28, 2005
Sold by
Marello Mary Beth and Banks Mary Beth
Bought by
Chen Dan Hong
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
Monestel Abigail $42,500 None Available
Reyes Caridad $69,000 None Available
Chen Dan Hong $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monestel Abigail $41,729
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $40,000 -12.1% $26 / Sq Ft
12/19/2016 12/19/16 Price Changed $45,500 0.0% $29 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
12/15/2016 12/15/16 Price Changed $45,500 +13.8% $29 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/02/2016 11/02/16 Off Market $40,000 -- --
11/01/2016 11/01/16 Pending -- -- --
10/03/2016 10/03/16 Price Changed $45,500 -9.0% $29 / Sq Ft
05/01/2016 05/01/16 For Sale $50,000 -- $32 / 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 $1,129 $41,600 $12,000 $29,600
2024 $1,847 $41,600 $12,000 $29,600
2023 $1,819 $41,600 $12,000 $29,600
2022 $1,819 $41,600 $12,000 $29,600
2021 $1,819 $41,600 $12,000 $29,600
2020 $1,800 $41,600 $12,000 $29,600
2019 $1,800 $41,600 $12,000 $29,600
2018 $1,800 $41,600 $12,000 $29,600
2017 $1,788 $41,600 $12,000 $29,600
2016 $1,022 $41,600 $12,000 $29,600
2015 $1,022 $41,600 $12,000 $29,600
2014 $940 $41,600 $12,000 $29,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003328863

Bright MLS

APN: 14-5307-35-87-2709