NOT LISTED FOR SALE

631 Summit Ave Reading, PA 19611

Estimated Value: $102,000 - $162,000

3 Beds
1 Bath
1,224 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $68,000 $56 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $745/month

8 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Patio
  • Attic
  • Double Pane Windows
  • Living Room

About This Home

As of December 2021

Attention Investors! Millmont Reading semi-detached home in overall good condition but in need of some TLC. Currently tenant occupied on a M/M basis for $745 a month. Tenant pays for all utilities. Located adjacent to Maiers Bakery in a very nice neighborhood and just a couple blocks to the Millmont Elementary School. On the main level there is a formal living & dining room and a spacious eat-in kitchen with a propane gas rang/oven. 3 BRS a large bath on the 2nd level and level 3 has a large unfinished attic that could easily be a 4th BR. There is a full unfinished basement with an outside exit. Additional features include an oil hot water boiler with S/W hot water changeover. 100 AMP electric with breaker panel. Large fenced yard with shed. Asphalt shingle roof. Low traffic street makes for easier parking. Tenant can vacate with a 30 day notice. Excellent investment for an investor or owner occupant! Cash or conventional sales only. Being sold AS IS.

Last Agent to Sell the Property

Jose Candelaria

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 11/14/2021

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 11/14/2021

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Chain Link Fence
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling Fan
  • Double Pane Windows
  • Replacement Windows
  • Living Room
  • Dining Room
  • Gas Oven or Range
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Home Security

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding

Schools

  • Reading Senior High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Above Ground Utilities
  • 100 Amp Service
  • Oil Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 2097
  • Assessor Parcel Number 18-5306-66-63-2097

Community Details

Overview

  • No Home Owners Association
  • Millmont Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Range/Oven, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s)
  • Window Features: Double Pane, Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 77.61
  • Above Grade Finished Sq Ft: 1224
  • 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
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Outbuilding(s)
  • Roof: Asphalt, Shingle
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent
  • High School: READING SENIOR

Lot Info

  • Additional Parcels: No
  • Fencing: Chain Link
  • Improvement Assessed Value: 23400.00
  • Land Assessed Value: 16100.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Patio(s), Roof
  • Property Condition: Average
  • Zoning: R3

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 8940.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1465881
  • School Tax: 708.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1727.00
  • Assessor Parcel Number: 18-5306-66-63-2097
  • Tax Lot: 2097
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Dec 22, 2021
Sold by
Hoffman Jarad M
Bought by
Castro Barrera Cesar and Padilla Maria Dolores
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$95,000
Sold Price
$68,000
Premium/Discount to List
-$27,000
-28.42%
Current Estimated Value
$123,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,620
Avg. Annual Appreciation
15.69%

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 27, 2018
Sold by
Humma Nancy S
Bought by
Hoffman Jarad M
Seller's Agent
Erica Fair
Iron Valley Real Estate of Berks
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$35,250
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2000
Bought by
Humma Nancy S
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
Castro Barrera Cesar $68,000 Signature Abstract
Hoffman Jarad M $47,000 --
Humma Nancy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Jarad M $35,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2021 12/22/21 Sold $68,000 -28.4% $56 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $95,000 +102.1% $78 / Sq Ft
05/04/2018 05/04/18 Sold $47,000 -14.4% $49 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $54,900 -- $57 / 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 $1,072 $39,500 $16,100 $23,400
2024 $1,754 $39,500 $16,100 $23,400
2023 $1,727 $39,500 $16,100 $23,400
2022 $1,727 $39,500 $16,100 $23,400
2021 $1,727 $39,500 $16,100 $23,400
2020 $1,709 $39,500 $16,100 $23,400
2019 $1,709 $39,500 $16,100 $23,400
2018 $1,709 $39,500 $16,100 $23,400
2017 $1,698 $39,500 $16,100 $23,400
2016 $970 $39,500 $16,100 $23,400
2015 $970 $39,500 $16,100 $23,400
2014 $893 $39,500 $16,100 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2006468

Bright MLS

APN: 18-5306-66-63-2097