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507 Wellington Avenue

507 Wellington Avenue, Reading, PA 19609
Property in Spring
Sold Dec 16, 2019
$203,400
$172,890 by Sierra Pacific Mortgage Co Inc
Mortgage Due Jan 01, 2050
Sold Jul 16, 2013
$176,000
$158,400 by Mortgage America Inc
Mortgage Due Aug 01, 2043
507 Wellington Avenue in Reading, PA was first built in 1953 and is 71 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 507 Wellington Avenue has 1,310 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,227 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 507 Wellington Avenue was last sold in Dec 10, 2019 for $203,400. According to our calculations, that's $155.27 per sqft. Prior to that sales transaction, the property was sold for $176,000 in Jul 12, 2013. Current property owners are expected to pay $3,759 in taxes per year. The property on 507 Wellington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $92,200. To break that down further, the land itself was valued at $28,400. While improvements to the property were assessed at a total of $63,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,310
  • Gross Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,310
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH BRIDGET BRADY
  • Current Owner 2: SMITH COREY N
  • Previous Owner : MARTIN JARED
  • Previous Owner 2: MARTIN ASHLEY E
  • Owner Before Previous Owner: GOEHLER JONATHAN E
  • Owner Before Previous Owner 2: GOEHLER LISA F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson School District
  • School Tax School District: 17
  • Census Tract: 010905

Geography

  • Assessors Map Reference: 804396
  • Account Number: 80161900
  • District: 80
  • Parcel: 80-4396-13-13-8252
  • Block: 13
  • Lot: 560
  • Municipality: SPRING TOWNSHIP
  • Latitude: 40.317
  • Longitude: -75.9858

    Address

  • Full Address: 507 Wellington Ave
  • Address - House Number: 507
  • Address - Street Name: Wellington
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Reading
  • Carrier Code: C014
  • 4-Digit Zip Code: 2313
  • Zip Code: 19609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,759
  • Tax Rate Code Area: 80

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 69
  • Final Value: 259,277
  • High Value: 316,309
  • Low Value: 202,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,890
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2019
  • First Open Lien Mortgage Loan Amount: $172,890
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $92,200
  • Market Land Value: $28,400
  • Market Improvement Value: $63,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,200
  • Assessed Land Value: $28,400
  • Assessed Improvements Value: $63,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 16, 2019
  • Current Sale Transaction ID: 11711576528
  • Current Sale Price: $203,400
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019043946
  • Previous Sale Recording Date: Jul 16, 2013
  • Previous Sale Contract Date: Jul 12, 2013
  • Previous Sale Amount: $176,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Dec 16, 2019
  • First Mortgage Loan Amount: $172,890
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE AMERICA INC
  • Previous Mortgage Transaction Date: Jul 16, 2013
  • Previous Mortgage Loan Amount: $158,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Lincoln Park



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Frequently Asked Questions

What neighborhood is 507 Wellington Avenue located in?
The 507 Wellington Avenue is a located in the neighborhood of Spring in Lincoln Park, Reading.
What is the average sales price for listings in 507 Wellington Avenue?
The average sales price for units in 507 Wellington Avenue is $0 currently.

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