NOT LISTED FOR SALE

740 Summit Chase Dr Reading, PA 19611

Estimated Value: $185,015 - $214,000

3 Beds
1.5 Baths
1,308 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $175,000 $134 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,231/month

6 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Beautiful semi detached 2 story home. Featuring your own off street parking, fenced in side yard, 3 private bedrooms, 1 and half bathrooms, 2nd floor laundry. New floors on the 2nd floor. Close to Reading Hospital, Penn ave, Shopping, and Schools.

Last Listed By

Jenniffer Jimenez

United Real Estate Strive 212 Listed on: 09/20/2023

United Real Estate Strive 212

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1973

Lot Details

  • 4,791 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 4525
  • Assessor Parcel Number 18-5306-39-36-4525

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,540

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1308
  • Living Area Sq Ft: 1308
  • Price Per Sq Ft: 133.79
  • Above Grade Finished Sq Ft: 1308
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 740

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 111R
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4791.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1042.00
  • Tax Annual Amount: 2540.00
  • Assessor Parcel Number: 18-5306-39-36-4525
  • Tax Lot: 4525
  • Tax Total Finished Sq Ft: 1308
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/24/2023

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 23, 2023
Sold by
Balaguer Edwin Gonzalez
Bought by
Aquino Yuberkys R Reyes
Seller's Agent
Jenniffer Jimenez
United Real Estate Strive 212
Buyer's Agent
Ivonn Reyes
Pagoda Realty
List Price
$175,000
Sold Price
$175,000
Total Days on Market
6
Views
64
Current Estimated Value
$198,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,504
Avg. Annual Appreciation
8.59%
Original Mortgage
$166,250
Outstanding Balance
$163,962
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$34,542

Purchase Details

Listed on
Jun 5, 2021
Closed on
Aug 6, 2021
Sold by
Cordero Maria T and Martinez Eduardo
Bought by
Balaguer Edwin Gonzalez
Seller's Agent
David Baez
EXP Realty, LLC
Buyer's Agent
Jenniffer Jimenez
United Real Estate Strive 212
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$140,650
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Cordero Maria T
Bought by
Martinez Eduardo and Cordero Maria T

Purchase Details

Closed on
Jun 25, 2001
Sold by
Gansari Pavel and Gansari Lidia
Bought by
Cordero Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
8.25%

Range of Values:

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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
Aquino Yuberkys R Reyes $175,000 None Listed On Document
Balaguer Edwin Gonzalez $145,000 Conestoga Title Company
Martinez Eduardo -- --
Cordero Maria T $53,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aquino Yuberkys R Reyes $166,250
Previous Owner Balaguer Edwin Gonzalez $140,650
Previous Owner Martinez Eduardo $18,000
Previous Owner Maria Cordero Eduardo Martinez $51,472
Previous Owner Cordero Maria T $42,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $175,000 0.0% $134 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $175,000 +20.7% $134 / Sq Ft
08/02/2021 08/02/21 Sold $145,000 0.0% $111 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 Off Market $145,000 -- --
06/05/2021 06/05/21 For Sale $149,900 -- $115 / 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 $1,577 $58,100 $18,200 $39,900
2024 $2,580 $58,100 $18,200 $39,900
2023 $2,540 $58,100 $18,200 $39,900
2022 $2,540 $58,100 $18,200 $39,900
2021 $2,540 $58,100 $18,200 $39,900
2020 $2,514 $58,100 $18,200 $39,900
2019 $2,514 $58,100 $18,200 $39,900
2018 $2,514 $58,100 $18,200 $39,900
2017 $2,498 $58,100 $18,200 $39,900
2016 $1,427 $58,100 $18,200 $39,900
2015 $1,427 $58,100 $18,200 $39,900
2014 $1,313 $58,100 $18,200 $39,900
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PABK2034954

Bright MLS

APN: 18-5306-39-36-4525