540 Penn St Reading, PA 19602
Estimated Value: $1,871,726
Studio
--
Bath
3,660
Sq Ft
$511/Sq Ft
Est. Value
About This Home
This home is located at 540 Penn St, Reading, PA 19602 and is currently estimated at $1,871,726, approximately $511 per square foot. 540 Penn St is a home located in Berks County with nearby schools including Tyson-Schoener Elementary School, Reading Senior High School, and St. Peter 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
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
Outstanding Balance
$432,153
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$1,439,573
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
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Pepen Lazaro | $200,000 |
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
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