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1324 North 12th Street

1324 North 12th Street, Reading, PA 19604
Sold Jun 21, 2018
$63,830
$120,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2053
Sold Jun 09, 2005
$46,000
$41,400 by Sovereign Bank
Mortgage Due May 01, 2035
Local assessors in Reading, PA have categorized 1324 North 12th Street as a residential type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 1,742 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1324 North 12th Street has a total of 1,604 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. The property was last sold in Jun 20, 2018 for $63,830. That's $39.79 per sqft. Prior to that sales transaction, the property was also sold in Apr 12, 2005 for $46,000. 1324 North 12th Street was last assessed in 2023. The total value of the property was assessed at $49,700. Specifically, the land the property is located on was valued at $16,300. While improvements on the property were assessed at a total of $33,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,173. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,604
  • Gross Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,604
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RIVERA ALVAREZ AMADO
  • Previous Owner : GUTIERREZ JOSE R
  • Owner Before Previous Owner: COLLADO JACKLYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 000700

Geography

  • Assessors Map Reference: 175317
  • District: 17
  • Parcel: 17-5317-30-17-5565
  • Block: 17
  • Municipality: READING CITY
  • Latitude: 40.3553
  • Longitude: -75.914

    Address

  • Full Address: 1324 N 12th St
  • Address - House Number: 1324
  • Street Direction: N
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C030
  • 4-Digit Zip Code: 1922
  • Zip Code: 19604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,173
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.3209
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 35
  • Final Value: 237,360
  • High Value: 313,532
  • Low Value: 161,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 21, 2023
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $49,700
  • Market Land Value: $16,300
  • Market Improvement Value: $33,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,700
  • Assessed Land Value: $16,300
  • Assessed Improvements Value: $33,400

    Sales

  • Current Sale Contract Date: Jun 20, 2018
  • Current Sale Recording Date: Jun 21, 2018
  • Current Sale Transaction ID: 11476574548
  • Current Sale Price: $63,830
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018020724
  • Previous Sale Recording Date: Jun 09, 2005
  • Previous Sale Contract Date: Apr 12, 2005
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLANAGAN STATE BANK
  • First Mortgage Transaction Date: Jun 21, 2018
  • First Mortgage Loan Amount: $62,672
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN BANK
  • Previous Mortgage Transaction Date: Jun 09, 2005
  • Previous Mortgage Loan Amount: $41,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2035

About Northeast Reading



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Nearby Rentals

Unit for rent at 834 Centre Ave, READING, PA, 19601

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 3,378 ft²
834 Centre Ave #12FLOOR, READING, PA, 19601 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 1324 North 12th Street located in?
The 1324 North 12th Street is a located in the neighborhood of Northeast Reading in Northeast Reading, Reading.
What is the average sales price for listings in 1324 North 12th Street?
The average sales price for units in 1324 North 12th Street is $0 currently.

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