541 Locust St Reading, PA 19604
District 6 NeighborhoodEstimated Value: $135,000 - $186,000
4
Beds
1
Bath
1,656
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- En-Suite Primary Bedroom
- Dining Room
- Living Room
- Forced Air Heating System
About This Home
As of January 2014This property being sold as is. The property is in need of major cosmetic repairs and also needs many windows on main level. The home is a four bedroom row, conveniently located by schools, hospital and public transit. This property is eligible under the Freddie Mac First Look Initiative through November 12, 2013. Investors may submit an offer at anytime, however the offer will not be considered for negotiation until after the 15 day time period for owner occupant Buyers. Seller will offer a credit up to $500 toward a Home Warranty of Buyers choice for owner occupant offers. The buyer must identify and select the home warranty company and plan of their choice. The buyer or selling agent is responsible for providing the closing firm with the home warranty invoice to disburse payment at closing. HOME WARRANTY MUST BE SUBMITTED W/OFFER. Buyer pays all transfer tax.
Townhouse Details
Home Type
- Townhome
Year Built
- 1910
Lot Details
- 1,307 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,656 Sq Ft Home
- Property has 3 Levels
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Listing and Financial Details
- Tax Lot 4349
- Assessor Parcel Number 11-5317-62-13-4349
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2013
Closed on
Jan 10, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bashir Muhammad
Seller's Agent
Christopher Giovenco
Rudy Amelio Real Estate
Buyer's Agent
Christopher Giovenco
Rudy Amelio Real Estate
List Price
$14,900
Sold Price
$7,000
Premium/Discount to List
-$7,900
-53.02%
Total Days on Market
52
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
$152,116
Avg. Annual Appreciation
31.66%
Purchase Details
Closed on
Aug 22, 2013
Sold by
Simon Nice
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Feb 7, 2007
Sold by
Aristide Gisleine
Bought by
Simon Nice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2005
Sold by
Jp Mortgage Chase Bank
Bought by
Aritide Gisleine
Purchase Details
Closed on
Jan 5, 2005
Sold by
Evans Patricia A
Bought by
Jpmorgan Chase Bank
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
Similar Homes in Reading, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bashir Muhammad | $7,000 | Conestoga Title Company | |
| Federal Home Loan Mortgage Corporation | $1,900 | None Available | |
| Simon Nice | $50,000 | Conestoga Title Insurance Co | |
| Aritide Gisleine | $48,000 | -- | |
| Jpmorgan Chase Bank | $1,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Simon Nice | $47,000 | |
| Previous Owner | Evans Patricia A | $36,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2014 01/14/14 | Sold | $7,000 | -29.3% | $4 / Sq Ft |
| 12/19/2013 12/19/13 | Pending | -- | -- | -- |
| 12/11/2013 12/11/13 | Price Changed | $9,900 | -33.6% | $6 / Sq Ft |
| 10/28/2013 10/28/13 | For Sale | $14,900 | -- | $9 / 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 | $1,029 | $37,900 | $12,000 | $25,900 |
| 2024 | $1,683 | $37,900 | $12,000 | $25,900 |
| 2023 | $1,657 | $37,900 | $12,000 | $25,900 |
| 2022 | $1,657 | $37,900 | $12,000 | $25,900 |
| 2021 | $1,657 | $37,900 | $12,000 | $25,900 |
| 2020 | $1,640 | $37,900 | $12,000 | $25,900 |
| 2019 | $1,640 | $37,900 | $12,000 | $25,900 |
| 2018 | $1,640 | $37,900 | $12,000 | $25,900 |
| 2017 | $1,629 | $37,900 | $12,000 | $25,900 |
| 2016 | $931 | $37,900 | $12,000 | $25,900 |
| 2015 | $931 | $37,900 | $12,000 | $25,900 |
| 2014 | $857 | $37,900 | $12,000 | $25,900 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Giovenco
C
Seller's Agent in 2014
Christopher Giovenco
Rudy Amelio Real Estate
(484) 767-5155
17 Total Sales
-
Rudy Amelio
Seller Co-Listing Agent in 2014
Rudy Amelio
Rudy Amelio Real Estate
(610) 437-5501
398 Total Sales
Map
Source: Bright MLS
MLS Number: 1003634230
APN: 11-5317-62-13-4349
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