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1154 Chestnut Street

1154 Chestnut Street, Reading, PA 19602
Multifamily in Southeast Community
1154 Chestnut Street has been categorized by the local assessors in Reading, PA as a commercial type of property. The building on the property was first built in 1900 and is 124 years old. The building has a total of 2 stories. In addition, 1154 Chestnut Street has 2,298 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 1,742 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. The exterior walls of the building are made of wood. 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, 1154 Chestnut Street sold most recently in Dec 30, 2021 for a total of $210,000. If you work out the math, that's approximately a cost of $61.08 per sqft. Before that, the property was also sold for $210,000 in Dec 30, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,272 in taxes each year. 1154 Chestnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,100. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $19,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210920
09/20/2021
Studio
-
-
$345,000
bedrooms
Studio
bathrooms
-
$210,000 -39.13%
01/04/2022
-
Danny Minotto

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,140
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 3,438
  • Gross Building Area: 3,438
  • Building Area: 3,438
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,298
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.04
  • Standard Land Use Code: Retail/residential (mixed use)

Ownership

  • Current Owner : JUST INVESTMENTS LLC
  • Previous Owner : KING ARLIN J
  • Previous Owner 2: KING CARISSA J
  • Owner Before Previous Owner: KING ARLIN J
  • Owner Before Previous Owner 2: KING CARISSA J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 011902

Geography

  • Assessors Map Reference: 105316
  • Account Number: 10310755
  • District: 10
  • Parcel: 10-5316-22-18-6907
  • Block: 18
  • Municipality: READING CITY
  • Latitude: 40.3317
  • Longitude: -75.9145

    Address

  • Full Address: 1154 Chestnut St
  • Address - House Number: 1154
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: PA
  • City Name: Douglassville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9011
  • Zip Code: 19518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,272
  • Tax Rate Code Area: 01

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: DIAMOND CU
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2027
  • Second Open Lien Mortgage Recording Date: Jan 04, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2032

    Market Valuation

  • Market Total Value: $29,100
  • Market Land Value: $10,000
  • Market Improvement Value: $19,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,100
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $19,100

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11916501598
  • Current Sale Price: $210,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2022000338
  • Previous Sale Recording Date: Jan 04, 2022
  • Previous Sale Contract Date: Dec 30, 2021
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIAMOND CU
  • First Mortgage Transaction Date: Jan 04, 2022
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: DIAMOND CREDIT UNION
  • Previous Mortgage Transaction Date: Jan 04, 2022
  • Previous Mortgage Loan Amount: $168,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2032

About Southeast Reading



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Nearby Rentals

Unit for rent at 122 W Windsor St, READING, PA, 19601

$2,100 /mo

  • 5 Beds
  • 2 Baths
  • 2,276 ft²
122 W Windsor St, READING, PA, 19601 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 1154 Chestnut Street located in?
The 1154 Chestnut Street is a multifamily located in the neighborhood of Southeast Community in Southeast Reading, Reading.
What is the average sales price for listings in 1154 Chestnut Street?
The average sales price for units in 1154 Chestnut Street is $345,000 currently.

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