NOT LISTED FOR SALE

545 Summit Ave Reading, PA 19611

Estimated Value: $267,000 - $341,000

3 Beds
2 Baths
1,692 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $199,900 $118 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,795/month

12 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Burning Stove
  • 2 Garage Spaces | 1 Attached and 1 Detached
  • Second Garage
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2020

2nd HOME ON PROPERTY. Come and see this lovely Millmont bi-level with a 1 car attached garage and a 2 story detached garage. Included in the sale of this home is a separate 600 sq . ft. 2 bedroom, 1 bath house with separate utilities except water, perfect for a rental property or In-laws. The main house opens into the foyer. Take a few steps up into the living room featuring a large picture window. Then, make your way to the dining area which is adjacent to the eat-in kitchen. There are 2 bedrooms and 1 full bath on the main level. There is original hardwood flooring under the carpet. Downstairs, you will find a cozy family room with a standup wood stove for those cold days of winter as well as a 3rd bedroom, a bonus room, a laundry room and a half bath. When it's time to relax, step out onto the covered patio through the sliding glass door. Conveniently located. You won't want to miss this one!

Last Agent to Sell the Property

Sheree Knoll

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS351169 Listed on: 06/11/2020

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Gloria Garcia

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,825

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in average condition

Parking

  • 2 Garage Spaces | 1 Attached and 1 Detached
  • Second Garage
  • Parking Storage or Cabinetry
  • Alley Access
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,692 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Combination Dining and Living Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Shed
  • Additional Residence on Property

Listing and Financial Details

  • Tax Lot 5426
  • Assessor Parcel Number 18-5306-66-63-5426

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Millmont Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,825

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, washer, dryer, microwave, standing air conditioner units, window units.
  • Home Warranty: No
  • Inclusions: Main House: stove, dishwasher, window treatments, free-standing wood stove. Second House: refrigerator, stove.
  • New Construction: No
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Disposal, Dishwasher
  • Flooring Type: Carpet, Vinyl, Ceramic Tile
  • Interior Amenities: Attic/House Fan, Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Eat-In, Window Treatments, Stove - Wood
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1692
  • Living Area Sq Ft: 1692
  • Price Per Sq Ft: 118.14
  • Above Grade Finished Sq Ft: 1692
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House, 2nd Garage, Shed
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Attached Garage Spaces: 1
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Detached Garage, On Street, Alley

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81400.00
  • Land Assessed Value: 30100.00
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1465906
  • School Tax: 1999.00
  • Tax Annual Amount: 4825.00
  • Assessor Parcel Number: 18-5306-66-63-5426
  • Tax Lot: 5426
  • Tax Page Number: 28
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Aug 12, 2020
Sold by
Urban Jane K
Bought by
Delarosa Paula M
Seller's Agent
Sheree Knoll
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Gloria Garcia
United Real Estate Strive 212
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$296,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,991
Avg. Annual Appreciation
7.44%
Original Mortgage
$189,905
Outstanding Balance
$168,459
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$128,432
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delarosa Paula M $199,900 Edge Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delarosa Paula M $189,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $199,900 0.0% $118 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $199,900 -- $118 / Sq Ft
Source: Bright MLS

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 $3,026 $111,500 $30,100 $81,400
2024 $4,951 $111,500 $30,100 $81,400
2023 $4,874 $111,500 $30,100 $81,400
2022 $4,874 $111,500 $30,100 $81,400
2021 $4,874 $111,500 $30,100 $81,400
2020 $4,825 $111,500 $30,100 $81,400
2019 $610 $111,500 $30,100 $81,400
2018 $4,825 $111,500 $30,100 $81,400
2017 $4,794 $111,500 $30,100 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK358772

Bright MLS

APN: 18-5306-66-63-5426