NOT LISTED FOR SALE

549 Summit Ave Reading, PA 19611

Estimated Value: $222,000 - $271,000

5 Beds
2 Baths
2,168 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $115,000 $53 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,417/month

74 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Hot Water Heating System

About This Home

As of November 2019

Come take a look at this beautiful 5 bedroom 2 bathroom home near Alvernia University. This beautiful detached home features hard wood floors throughout the home, access to a large backyard, gas heat, a large basement, and many more great features. Come take a look today.

Last Agent to Sell the Property

Juan Zabala

(301) 304-8444 jzabalarealtor@gmail.com Compass Listed on: 07/25/2019

Compass

Last Buyer's Agent

Mr. Nelson Gamez

(484) 345-9135 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RM426110

Realty One Group Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1924

Lot Details

  • 9,148

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,168 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • 9,148 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Millmont Subdivision

Listing and Financial Details

  • Tax Lot 5403
  • Assessor Parcel Number 18-5306-66-63-5403

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Stove, refrigerator, Microwave
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1924
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 2168
  • Living Area Sq Ft: 2168
  • Price Per Sq Ft: 56.69
  • Above Grade Finished Sq Ft: 2168
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 27200.00
  • Land Assessed Value: 29500.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1465905
  • School Tax: 1017.00
  • Tax Annual Amount: 2454.00
  • Assessor Parcel Number: 18-5306-66-63-5403
  • Tax Lot: 5403
  • Tax Page Number: 28
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Nov 22, 2019
Sold by
Sanchez Sosa Francheska
Bought by
Desantana Ofelia M Tavarez
Seller's Agent
Juan Zabala
Compass
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%
Current Estimated Value
$245,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,349
Avg. Annual Appreciation
13.34%
Original Mortgage
$112,917
Outstanding Balance
$98,877
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$146,472

Purchase Details

Listed on
May 6, 2015
Closed on
Jul 28, 2015
Sold by
Karnat Stephen K
Bought by
Sosa Francheska Sanchez
Seller's Agent
bradley difulvio
Pagoda Realty
Buyer's Agent
Joelle Dennis
Keller Williams Realty Group
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$71,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2000
Bought by
Karnat Stephen K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desantana Ofelia M Tavarez $115,000 None Available
Sosa Francheska Sanchez $75,000 None Available
Karnat Stephen K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desantana Ofelia M Tavarez $112,917
Previous Owner Sosa Francheska Sanchez $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $115,000 0.0% $53 / Sq Ft
10/08/2019 10/08/19 Off Market $115,000 -- --
10/07/2019 10/07/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $122,900 -8.9% $57 / Sq Ft
09/17/2019 09/17/19 Price Changed $134,900 -2.5% $62 / Sq Ft
09/12/2019 09/12/19 Price Changed $138,400 -1.1% $64 / Sq Ft
08/27/2019 08/27/19 Price Changed $139,900 -3.5% $65 / Sq Ft
08/06/2019 08/06/19 For Sale $144,900 +26.0% $67 / Sq Ft
08/02/2019 08/02/19 Off Market $115,000 -- --
07/25/2019 07/25/19 For Sale $144,900 +93.2% $67 / Sq Ft
07/30/2015 07/30/15 Sold $75,000 -16.6% $35 / Sq Ft View Prior Sale
05/29/2015 05/29/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $89,900 -- $41 / 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 $1,539 $56,700 $29,500 $27,200
2024 $2,518 $56,700 $29,500 $27,200
2023 $2,479 $56,700 $29,500 $27,200
2022 $2,479 $56,700 $29,500 $27,200
2021 $2,479 $56,700 $29,500 $27,200
2020 $2,454 $56,700 $29,500 $27,200
2019 $2,454 $56,700 $29,500 $27,200
2018 $2,454 $56,700 $29,500 $27,200
2017 $2,438 $56,700 $29,500 $27,200
2016 $1,393 $56,700 $29,500 $27,200
2015 $1,393 $98,500 $30,100 $68,400
2014 $2,226 $98,500 $30,100 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK345464

Bright MLS

APN: 18-5306-66-63-5403