NOT LISTED FOR SALE

540 Penn St Reading, PA 19602

Estimated Value: $1,755,379

-- Bed
-- Bath
3,660 Sq Ft
$480/Sq Ft Est. Value

About This Home

This home is located at 540 Penn St, Reading, PA 19602 and is currently estimated at $1,755,379, approximately $479 per square foot. 540 Penn St is a home located in Berks County with nearby schools including Tyson-Schoener Elementary School, Southwest Middle School, and Reading Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2017
Sold by
Pepen Lazaro and Tejada Sunia
Bought by
Petrakis Family Partners 2 Llc
Current Estimated Value
$1,755,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2006
Sold by
R R Company Of America Llc
Bought by
Pepen Lazaro and Tejada Sunilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Petrakis Family Partners 2 Llc $1,020,000 None Available
Pepen Lazaro $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrakis Family Partners 2 Llc $525,000
Closed Petrakis Family Partners 2 Llc $525,000
Previous Owner Pepen Lazaro $310,000
Previous Owner Pepen Lazaro $200,000
Source: Public Records

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 $20,017 $737,500 $32,500 $705,000
2024 $32,748 $737,500 $32,500 $705,000
2023 $32,241 $737,500 $32,500 $705,000
2022 $32,241 $737,500 $32,500 $705,000
2021 $32,241 $737,500 $32,500 $705,000
2020 $31,916 $737,500 $32,500 $705,000
2019 $31,916 $737,500 $32,500 $705,000
2018 $31,916 $737,500 $32,500 $705,000
2017 $6,449 $150,000 $32,500 $117,500
2016 $3,684 $150,000 $32,500 $117,500
2015 $3,684 $150,000 $32,500 $117,500
2014 $3,390 $150,000 $32,500 $117,500
Source: Public Records

Map

Pennsylvania Berks County Reading 19601

540 Penn St, Reading, PA

This home is located at 540 Penn St, Reading, PA 19602 and is currently estimated at $1,755,379, approximately $479 per square foot. 540 Penn St is a home located in Berks County with nearby schools including Tyson-Schoener Elementary School, Southwest Middle School, and Reading Senior High School.

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