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112 South 7th Avenue

112 South 7th Avenue, Reading, PA 19611
Property in West Reading
Sold Jan 03, 2022
$175,000
$161,000 by Vist Financial
Mortgage Due Jan 01, 2042
Sold Jan 03, 2022
$175,000
$161,000 by Vist Bank
Mortgage Due Jan 01, 2042
112 South 7th Avenue has been categorized by the local assessors in Reading, PA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 112 South 7th Avenue has 1,630 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,485 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 112 South 7th Avenue sold most recently in Dec 21, 2021 for a total of $175,000. If you work out the math, that's approximately a cost of $107.36 per sqft. Before that, the property was also sold for $175,000 in Dec 24, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,294 in taxes each year. 112 South 7th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,800. If we break it down further, the land itself was valued at $19,500. Improvements to the property, however, were assessed at a total of $70,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,630
  • Gross Building Area: 1,630
  • Building Area: 1,630
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,630
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AMW CAPITAL PARTNERS LLC
  • Previous Owner : REBER CATHERINE M
  • Previous Owner 2: MULHERN MARY ELLEN
  • Owner Before Previous Owner: YORK CATHERINE M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wyomissing Area School District
  • School Tax School District: 18
  • Census Tract: 011200

Geography

  • Assessors Map Reference: 935306
  • Account Number: 93020800
  • District: 93
  • Parcel: 93-5306-05-19-0695
  • Block: 19
  • Municipality: WEST READING BOROUGH
  • Latitude: 40.3341
  • Longitude: -75.9521

    Address

  • Full Address: 112 S 7th Ave
  • Address - House Number: 112
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Reading
  • Carrier Code: C077
  • 4-Digit Zip Code: 1022
  • Zip Code: 19611

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,294
  • Tax Rate Code Area: 93

    Appraisal Valuation

  • Standard Deviation: 0.3849
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 23
  • Final Value: 285,347
  • High Value: 395,204
  • Low Value: 175,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,000
  • First Open Lien Mortgage Lender: VIST FINANCIAL
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $161,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $89,800
  • Market Land Value: $19,500
  • Market Improvement Value: $70,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,800
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $70,300

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11916395676
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2022000276
  • Previous Sale Recording Date: Jan 03, 2022
  • Previous Sale Contract Date: Dec 24, 2021
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIST FINANCIAL
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $161,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: VIST BANK
  • Previous Mortgage Transaction Date: Jan 03, 2022
  • Previous Mortgage Loan Amount: $161,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2042

About West Reading



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Frequently Asked Questions

What neighborhood is 112 South 7th Avenue located in?
The 112 South 7th Avenue is a located in the neighborhood of West Reading in West Reading, Reading.
What is the average sales price for listings in 112 South 7th Avenue?
The average sales price for units in 112 South 7th Avenue is $0 currently.

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