Seller's Agent in 2024
Matt Wolf
RE/MAX of Reading
(610) 587-3844
17 in this area
440 Total Sales
563 Chestnut St West Reading, PA 19611
Estimated Value: $379,000 - $451,000
Studio
3
Baths
3,035
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- 0.12 Acre Lot
- Wood Flooring
- Parking Storage or Cabinetry
- West Reading Elementary Center Rated A-
- 4 Car Detached Garage
- Electric Baseboard Heater
About This Home
As of March 2024Wyomissing Schools 3-unit with 3 additional garages for added income. One unit just opened up so great opportunity to owner-occupy and have tenants pay your mortgage. Great location just 1 block from Reading Hospital and 2 blocks from Penn Ave. Heat and electric are separated. See attached documents for additional information.
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS271731 Listed on: 02/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,358
Year Built
- Built in 1925
Lot Details
- 5,227 Sq Ft Lot
- Property is in good condition
Parking
- 4 Car Detached Garage
- Parking Storage or Cabinetry
- On-Street Parking
Home Design
- 3,035 Sq Ft Home
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
- Asphalt Roof
- Rubber Roof
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement with some natural light
Schools
- Wyomissing Area Junior-Senior High School
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 93-5306-05-19-7587
Community Details
Overview
- 3 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Net Operating Income $24,633
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2025
Sold by
Upgrowth Llc
Bought by
563 Chestnut Street West Reading Llc
Current Estimated Value
Purchase Details
Listed on
Feb 12, 2024
Closed on
Mar 1, 2024
Sold by
Konopelski Thomas J
Bought by
Upgrowth Llc
Seller's Agent
Matt Wolf
RE/MAX Of Reading
Buyer's Agent
Kylie Walbert
BHHS Homesale Realty- Reading Berks
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Views
84
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$325,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2000
Bought by
Konopelski Thomas J
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 563 Chestnut Street West Reading Llc | $425,000 | None Listed On Document | |
| Upgrowth Llc | $355,000 | None Listed On Document | |
| Upgrowth Llc | $355,000 | None Listed On Document | |
| Konopelski Thomas J | $127,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Upgrowth Llc | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Sold | $355,000 | +6.0% | $117 / Sq Ft |
| 02/18/2024 02/18/24 | Pending | -- | -- | -- |
| 02/12/2024 02/12/24 | For Sale | $335,000 | -- | $110 / 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 | $2,304 | $101,900 | $22,500 | $79,400 |
| 2024 | $5,632 | $101,900 | $22,500 | $79,400 |
| 2023 | $3,738 | $101,900 | $22,500 | $79,400 |
| 2022 | $3,971 | $77,400 | $22,500 | $54,900 |
| 2021 | $3,902 | $77,400 | $22,500 | $54,900 |
| 2020 | $3,788 | $77,400 | $22,500 | $54,900 |
| 2019 | $3,709 | $77,400 | $22,500 | $54,900 |
| 2018 | $3,605 | $77,400 | $22,500 | $54,900 |
| 2017 | $3,525 | $77,400 | $22,500 | $54,900 |
| 2016 | $1,136 | $77,400 | $22,500 | $54,900 |
| 2015 | $1,136 | $77,400 | $22,500 | $54,900 |
| 2014 | $1,098 | $77,400 | $22,500 | $54,900 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Wolf
-
Kylie Walbert
Buyer's Agent in 2024
Kylie Walbert
BHHS Homesale Realty- Reading Berks
(610) 334-0261
7 in this area
222 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2039566
APN: 93-5306-05-19-7587
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