NOT LISTED FOR SALE

538 S 12th St Reading, PA 19602

Southeast Community Neighborhood

Estimated Value: $107,000 - $124,000

3 Beds
1 Bath
1,034 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $99,000 $96 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $681/month

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Traditional Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of July 2024

Welcome to a prime investment opportunity in South East Reading! This semi-detached, 3-bedroom, 1-bathroom home,
listed at an attractive $99,000, is perfect for investors seeking a reliable income stream. The property has a dependable
tenant who has resided here since 2018. They are currently on a month-to-month lease, and have an excellent payment
history. The home is equipped with gas heating, ensuring energy efficiency and cost savings, making it an appealing
feature for both tenants and future buyers. The fenced yard and patio area provide a private outdoor space for
relaxation and entertainment. This home is close to local amenities, schools, and public transportation. Whether you're
a seasoned investor or new to real estate investing, this property offers the perfect balance of immediate cash flow and
potential for future appreciation.

Last Agent to Sell the Property

Juan Cortes

(610) 463-6693 jcortes@homesale.com BHHS Homesale Realty- Reading Berks Listed on: 05/30/2024

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Sofia Hernandez Cruz

shernandez@howardhanna.com Keller Williams Platinum Realty - Wyomissing

Keller Williams Platinum Realty - Wyomissing

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Wood Fence
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture

Interior Spaces

  • 1,034 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5553
  • Assessor Parcel Number 10-5316-30-17-5553

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Stove
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to a prime investment opportunity in South East Reading! This semi-detached, 3-bedroom, 1-bathroom home, listed at an attractive $99,000, is perfect for investors seeking a reliable income stream. The property has a dependable tenant who has resided here since 2018. They are currently on a month-to-month lease, and have an excellent payment history. The home is equipped with gas heating, ensuring energy efficiency and cost savings, making it an appealing feature for both tenants and future buyers. The fenced yard and patio area provide a private outdoor space for relaxation and entertainment. This home is close to local amenities, schools, and public transportation. Whether you're a seasoned investor or new to real estate investing, this property offers the perfect balance of immediate cash flow and potential for future appreciation.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Full Bath
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1034
  • Living Area Sq Ft: 1034
  • Price Per Sq Ft: 95.74
  • Above Grade Finished Sq Ft: 1034
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 538

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Road Surface Type: Paved
  • View: Street
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • 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
  • School District Source: Listing Agent

Lot Info

  • Fencing: Wood
  • Land Use Code: 161
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good, Average
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 473.00
  • Tax Annual Amount: 1154.00
  • Assessor Parcel Number: 10-5316-30-17-5553
  • Tax Lot: 5553
  • Tax Total Finished Sq Ft: 1034
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/29/2024

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 3, 2024
Sold by
Barnthouse Michael E and Barnthouse Marian S
Bought by
Tejada Valentin Elizabeth
Seller's Agent
Juan Cortes
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Sofia Hernandez Cruz
Keller Williams Platinum Realty - Wyomissing
List Price
$99,000
Sold Price
$99,000
Views
60
Current Estimated Value
$117,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,030
Avg. Annual Appreciation
11.96%
Original Mortgage
$4,950
Outstanding Balance
$4,898
Interest Rate
6.87%
Estimated Equity
$107,961

Purchase Details

Closed on
May 24, 2006
Sold by
Defuso Frank
Bought by
Bartnhouse Michael E and Bartnhouse Marian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,350
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2005
Sold by
Beneficial Consumer Discount Co
Bought by
Defuso Frank

Purchase Details

Closed on
Sep 27, 2005
Sold by
Rivera Hector L
Bought by
Beneficial Consumer Discount Co
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Tejada Valentin Elizabeth $99,000 Conestoga Title
Bartnhouse Michael E $41,500 None Available
Defuso Frank $17,500 None Available
Beneficial Consumer Discount Co $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tejada Valentin Elizabeth $4,950
Open Tejada Valentin Elizabeth $96,030
Previous Owner Bartnhouse Michael E $37,350
Previous Owner Bartnhouse Michael E $182,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $99,000 0.0% $96 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/11/2024 06/11/24 Off Market $99,000 -- --
05/30/2024 05/30/24 For Sale $99,000 -- $96 / 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 $717 $26,400 $7,700 $18,700
2024 $1,172 $26,400 $7,700 $18,700
2023 $1,154 $26,400 $7,700 $18,700
2022 $1,154 $26,400 $7,700 $18,700
2021 $1,154 $26,400 $7,700 $18,700
2020 $1,142 $26,400 $7,700 $18,700
2019 $1,142 $26,400 $7,700 $18,700
2018 $1,142 $26,400 $7,700 $18,700
2017 $1,135 $26,400 $7,700 $18,700
2016 $648 $26,400 $7,700 $18,700
2015 $648 $26,400 $7,700 $18,700
2014 $597 $26,400 $7,700 $18,700
Source: Public Records

Agents Affiliated with this Home

  • Juan Cortes

    Seller's Agent in 2024

    Juan Cortes

    BHHS Homesale Realty- Reading Berks

    (610) 463-6693

    22 in this area

    346 Total Sales

    Juan Cortes
    Section Image

  • S

    Buyer's Agent in 2024

    Sofia Hernandez Cruz

    Keller Williams Platinum Realty - Wyomissing

    1 in this area

    6 Total Sales

    Sofia Hernandez Cruz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2043894

Bright MLS

APN: 10-5316-30-17-5553

Pennsylvania Berks County Reading 19602 Southeast Community

538 S 12th St, Reading, PA

This home is located at 538 S 12th St, Reading, PA 19602 since 30 May 2024 and is currently estimated at $117,030, approximately $113 per square foot. This property was built in 1900. 538 S 12th St is a home located in Berks County with nearby schools including Amanda E. Stout Elementary School, Southern Middle School, and Reading Senior High School.

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