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1406 Palm Street

1406 Palm Street, Reading, PA 19604
Property in College Heights
Sold Jan 11, 2022
$185,000
$162,000 by Crosscountry Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Mar 11, 2021
$118,000
$114,460 by Flanagan State Bank
Mortgage Due Mar 01, 2051
1406 Palm Street 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 1920 and is 104 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1406 Palm Street has 1,703 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 3,049 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. 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 masonry control joints. The exterior walls of the building are made of brick. 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 gas. 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, 1406 Palm Street sold most recently in Jan 3, 2022 for a total of $185,000. If you work out the math, that's approximately a cost of $108.63 per sqft. Before that, the property was also sold for $118,000 in Feb 19, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,169 in taxes each year. 1406 Palm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $72,500. If we break it down further, the land itself was valued at $18,800. Improvements to the property, however, were assessed at a total of $53,700. 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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,703
  • Gross Building Area: 1,703
  • Building Area: 1,703
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,703
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RODRIGUEZ PAULINO ANTONIO FERN
  • Previous Owner : CRUZ JAVIER VICTORIA DE LA
  • Owner Before Previous Owner: THOMAS THELMA

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 000600

Geography

  • Assessors Map Reference: 175317
  • Account Number: 17564800
  • District: 17
  • Parcel: 17-5317-31-28-9020
  • Block: 28
  • Municipality: READING CITY
  • Latitude: 40.3564
  • Longitude: -75.9091

    Address

  • Full Address: 1406 Palm St
  • Address - House Number: 1406
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C030
  • 4-Digit Zip Code: 1855
  • Zip Code: 19604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,169
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 69
  • Final Value: 192,071
  • High Value: 234,347
  • Low Value: 149,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2022
  • First Open Lien Mortgage Loan Amount: $162,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $72,500
  • Market Land Value: $18,800
  • Market Improvement Value: $53,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,500
  • Assessed Land Value: $18,800
  • Assessed Improvements Value: $53,700

    Sales

  • Current Sale Contract Date: Jan 03, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Transaction ID: 11877420495
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1508
  • Previous Sale Recording Date: Mar 11, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 11, 2022
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FLANAGAN STATE BANK
  • Previous Mortgage Transaction Date: Mar 11, 2021
  • Previous Mortgage Loan Amount: $114,460
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Northeast Reading



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Frequently Asked Questions

What neighborhood is 1406 Palm Street located in?
The 1406 Palm Street is a located in the neighborhood of College Heights in Northeast Reading, Reading.
What is the average sales price for listings in 1406 Palm Street?
The average sales price for units in 1406 Palm Street is $174,900 , or $103/sqft. currently.

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