Seller's Agent in 2015
The Sands Team
Sands & Company Real Estate
(610) 401-5650
159 Total Sales
606 N 5th St Reading, PA 19601
Reading AreaEstimated Value: $839,039
Studio
--
Bath
9,267
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Hot Water Heating System
- 5-minute walk to Centre Park
- No HOA
About This Home
As of January 2015One of Reading's most coveted Historic Mansions; "Swanona". Built by Steel Magnate James Carpenter of Carpenter Steel Corporation. The mansion and large carriage house is majestically positioned in the heart of Centre Park Historical District. Today the Mansion offers 3 Spectacular Apartments in the main house each with approx. 2,000 sq ft featuring superb architectural details, high ceilings and fireplaces. Plus 3 apartments in the large brick Carriage house. This one of a kind cash generating property has been featured on many home and garden tours over the years and is the former home of the Bell Tower Salon and Day Spa. The mansion offers a large parking lot, and circular driveway systems around the North and South Porticos of the home. Ideal for owner occupancy, each apartment is separately metered for gas (Heating, H20, Cooking) and Electric. With the tenants paying their own utilities. Landlord pays Trash, Water, and Sewer. The parking lot can offer additional income potional from monthly space rental.
Last Agent to Sell the Property
(610) 376-9999 sands@parealestate.com Sands & Company Real Estate Brokerage Phone: 6103769999 License #RS3229466 Listed on: 10/18/2013
Last Buyer's Agent
(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 License #RS306495
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 21,780 Sq Ft Lot
- Property is in good condition
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 9,267 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Private Parking
- Driveway
- Parking Lot
Schools
- Reading Senior High School
Utilities
- Radiator
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 7706
- Assessor Parcel Number 14-5307-59-73-7706
Community Details
Overview
- No Home Owners Association
- Centre Park Histor Subdivision
Building Details
- Income includes parking
- Insurance Expense $2,544
- Maintenance Expense $5,500
- Other Expense $2,750
- Operating Expense $25,789
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2013
Closed on
Jan 30, 2015
Sold by
Bought by
Seller's Agent
The Sands Team
Sands & Company Real Estate
Buyer's Agent
Chad Schlanger
United Real Estate Strive 212
List Price
$359,900
Sold Price
$315,000
Premium/Discount to List
-$44,900
-12.48%
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
$524,039
Avg. Annual Appreciation
8.89%
Original Mortgage
$236,250
Interest Rate
0.0381%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 12, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
0.0579%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
0.0579%
Mortgage Type
Commercial
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $315,000 | None Available | ||
| $289,900 | Fidelity Natl Title Ins Co | ||
| $1,700 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $50,000 | ||
| Open | $236,250 | ||
| Previous Owner | $217,425 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2015 01/31/15 | Sold | $315,000 | -12.5% | $34 / Sq Ft |
| 10/30/2014 10/30/14 | Pending | -- | -- | -- |
| 10/18/2013 10/18/13 | For Sale | $359,900 | -- | $39 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,116 | $287,500 | $97,900 | $189,600 |
| 2025 | $7,803 | $287,500 | $97,900 | $189,600 |
| 2024 | $12,766 | $287,500 | $97,900 | $189,600 |
| 2023 | $12,568 | $287,500 | $97,900 | $189,600 |
| 2022 | $12,568 | $287,500 | $97,900 | $189,600 |
| 2021 | $12,568 | $287,500 | $97,900 | $189,600 |
| 2020 | $12,442 | $287,500 | $97,900 | $189,600 |
| 2019 | $12,442 | $287,500 | $97,900 | $189,600 |
| 2018 | $12,442 | $287,500 | $97,900 | $189,600 |
| 2017 | $12,360 | $287,500 | $97,900 | $189,600 |
| 2016 | $7,061 | $287,500 | $97,900 | $189,600 |
| 2015 | $7,061 | $287,500 | $97,900 | $189,600 |
| 2014 | $6,497 | $287,500 | $97,900 | $189,600 |
Source: Public Records
Agents Affiliated with this Home
-
The Sands Team
-
Chad Schlanger
C
Buyer's Agent in 2015
Chad Schlanger
United Real Estate Strive 212
(610) 334-2168
64 Total Sales
Map
Source: Bright MLS
MLS Number: 1003623806
APN: 14-5307-59-73-7706
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