NOT LISTED FOR SALE

553 S 18th St Reading, PA 19606

18th and Cotton Neighborhood

Estimated Value: $132,000 - $140,000

3 Beds
1 Bath
972 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $115,000 $118 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $786/month

Highlights

  • Colonial Architecture
  • Mud Room
  • Country Kitchen
  • Attic
  • No HOA
  • 5-minute walk to Pendora Park

About This Home

As of May 2023

Well maintained upper East Reading middle row in a very nice neighborhood with a spacious living/dining room combo, large beautiful modern 21 handle oak kitchen with gas cooking and built-in dishwasher and mud room on the main level. 3 BRS and a large full bath on the 2nd level, an unfinished attic on the 3rd level could be the 4th BR. The basement is clean and dry and has a laundry/utility room and outside exit. There's a large rear yard and patio plus a large shed that appears to be a garage at one point. Mechanicals include an oil forced air furnace with central air, gas water heater and 100 AMP electric with a breaker panel. The roof is a combination of asphalt & architectural shingle on the main and rubber for the lower rear roof. The home just needs some minor cosmetic updating to be ready to go. Perfect as either an investment or owner occupied property. Was previously a rental for the past few years. Projected market rent around $1400 a month. Being sold AS IS!

Last Agent to Sell the Property

Jose Candelaria

(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 04/20/2023

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 04/20/2023

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1920

Lot Details

  • 1,306 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 972 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling Fan
  • Double Pane Windows
  • Double Hung Windows
  • Mud Room
  • Living Room
  • Dining Room
  • Washer
  • Attic

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Drain
  • Laundry in Basement

Home Security

Parking

  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Above Ground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0237
  • Assessor Parcel Number 16-5316-41-57-0237

Community Details

Overview

  • No Home Owners Association
  • Southern Reading Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,425

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Water Heater, Washer
  • Flooring Type: Carpet, Luxury Vinyl Plank, Vinyl
  • Interior Amenities: Attic, Carpet, Kitchen - Country, Ceiling Fan(s)
  • Window Features: Double Pane, Double Hung
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Mud Room, Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Drain, Interior Access, Outside Entrance, Walkout Stairs
  • Laundry Type: Basement
  • Total Sq Ft: 972
  • Living Area Sq Ft: 972
  • Price Per Sq Ft: 118.31
  • Above Grade Finished Sq Ft: 972
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Exterior Lighting, Outbuilding(s), Sidewalks, Street Lights
  • Roof: Architectural Shingle, Shingle, Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 18700.00
  • Land Assessed Value: 13900.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Zoning: R-3

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1460490
  • School Tax: 585.00
  • Tax Annual Amount: 1425.00
  • Assessor Parcel Number: 16-5316-41-57-0237
  • Tax Lot: 0237
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Apr 20, 2023
Sold by
Freymoyer Jeremy P and Freymoyer Christian
Bought by
Dabi Gazmir and Dabi Zyli
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$135,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,397
Avg. Annual Appreciation
6.59%
Original Mortgage
$92,000
Outstanding Balance
$75,063
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$60,334
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dabi Gazmir $115,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabi Gazmir $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $115,000 0.0% $118 / Sq Ft
04/20/2023 04/20/23 For Sale $115,000 -- $118 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
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 $885 $32,600 $13,900 $18,700
2024 $1,448 $32,600 $13,900 $18,700
2023 $1,425 $32,600 $13,900 $18,700
2022 $1,425 $32,600 $13,900 $18,700
2021 $1,425 $32,600 $13,900 $18,700
2020 $1,411 $32,600 $13,900 $18,700
2019 $1,411 $32,600 $13,900 $18,700
2018 $1,411 $32,600 $13,900 $18,700
2017 $1,552 $36,100 $14,000 $22,100
2016 $887 $36,100 $14,000 $22,100
2015 $887 $36,100 $14,000 $22,100
2014 $816 $36,100 $14,000 $22,100
Source: Public Records

Agents Affiliated with this Home

  • Jose Candelaria

    Seller's Agent in 2023

    Jose Candelaria

    RE/MAX of Reading

    (610) 207-8066

    8 in this area

    212 Total Sales

    Jose Candelaria
    Section Image
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Map

Source: Bright MLS

MLS Number: PABK2029072

Bright MLS

APN: 16-5316-41-57-0237

Pennsylvania Berks County Reading 19606 18th and Cotton

553 S 18th St, Reading, PA

Not Listed for Sale

Townhouses

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