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512 Cedar Street

512 Cedar Street, Reading, PA 19601
1 Units For Sale
Unit for sale at 512 CEDAR ST, READING, PA 19601

$99,000 In Contract

  • 4 Beds
  • 2 Baths
  • 1,034 ft²
512 CEDAR ST, READING, PA 19601 Listing by Edward Munoz

Local assessors in Reading, PA have categorized 512 Cedar Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 436 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 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 512 Cedar Street has a total of 1,034 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 unknown and a unknown 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 poor. 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 heating system is the primary heating source and it is being fueled with coal. 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, 512 Cedar Street sold most recently in Jun 1, 2022 for a total of $5,000. If you work out the math, that's approximately a cost of $4.84 per sqft. Before that, the property was also sold for $39,000 in Apr 19, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $931 in taxes each year. The initial year of tax delinquency occurred in 2022. 512 Cedar Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,300. If we break it down further, the land itself was valued at $5,300. Improvements to the property, however, were assessed at a total of $16,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Accessibility

ADA Access
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 436
  • Total Building Area: 1,034
  • Gross Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,034
  • Heating Fuel Type: Coal

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.01
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OCASIO GENESIS
  • Previous Owner : TAX CLAIM BUREAU OF BERKS COUNTY
  • Owner Before Previous Owner: TRUJILLO EDDY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 001400

Geography

  • Assessors Map Reference: 115307
  • Account Number: 11294875
  • District: 11
  • Parcel: 11-5307-68-93-6196
  • Block: 93
  • Municipality: READING CITY
  • Latitude: 40.3433
  • Longitude: -75.921

    Address

  • Full Address: 512 Cedar St
  • Address - House Number: 512
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 3125
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $931
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.0984
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 90
  • Final Value: 96,056
  • High Value: 105,514
  • Low Value: 86,598

    Market Valuation

  • Market Total Value: $21,300
  • Market Land Value: $5,300
  • Market Improvement Value: $16,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,300
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $16,000

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889573038
  • Current Sale Price: $5,000
  • Current Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.
  • Current Sale Input Document Number: 22741
  • Previous Sale Recording Date: Apr 25, 2007
  • Previous Sale Contract Date: Apr 19, 2007
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: BNC MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 25, 2007
  • Previous Mortgage Loan Amount: $33,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2037

About Southeast Reading



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Frequently Asked Questions

What neighborhood is 512 Cedar Street located in?
The 512 Cedar Street is a located in the neighborhood of Southeast Reading in Southeast Reading, Reading.
How many listings are currently for sale in 512 Cedar Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 512 Cedar Street?
The average sales price for units in 512 Cedar Street is $99,000 , or $96/sqft. currently.

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