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550 South 18th Street

550 South 18th Street, Reading, PA 19606
Property in 18th and Cotton
550 South 18th Street in Reading, PA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 550 South 18th Street has 1,018 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 1,307 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 detached garage. The garage is 209 sqft. There is one available parking space. 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 masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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. 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, 550 South 18th Street sold most recently in Oct 18, 2023 for a total of $115,000. If you work out the math, that's approximately a cost of $112.97 per sqft. 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 $1,692 in taxes each year. 550 South 18th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,700. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $24,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Facilities

Laundry Room

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230929
09/29/2023
3 Bed
2 Bath
1018 ft²
$120,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1018 ft²
$120,000
10/18/2023
-
Mark Shanaman
RE/MAX Of Reading

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 209
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,018
  • Gross Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,018
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOLANO JORGE F
  • Previous Owner : FIREK JEANETTE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 002001

Geography

  • Assessors Map Reference: 165316
  • Account Number: 16235825
  • District: 16
  • Parcel: 16-5316-40-47-8265
  • Block: 47
  • Municipality: READING CITY
  • Latitude: 40.3268
  • Longitude: -75.9029

    Address

  • Full Address: 550 S 18th St
  • Address - House Number: 550
  • Street Direction: S
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C065
  • 4-Digit Zip Code: 2615
  • Zip Code: 19606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,692
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 113,620
  • High Value: 142,544
  • Low Value: 84,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: DIAMOND CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 29, 2023
  • First Open Lien Mortgage Loan Amount: $96,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 27, 2033

    Market Valuation

  • Market Total Value: $38,700
  • Market Land Value: $14,000
  • Market Improvement Value: $24,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,700
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $24,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Transaction ID: 11915147652
  • Current Sale Price: $115,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 31843
  • Previous Sale Recording Date: Aug 10, 1998
  • Previous Sale Contract Date: Aug 10, 1998
  • Previous Sale Document Type: Quit Claim Deed

About Southeast Reading



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  • 2.5 Baths
  • 1,728 ft²
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Frequently Asked Questions

What neighborhood is 550 South 18th Street located in?
The 550 South 18th Street is a located in the neighborhood of 18th and Cotton in Southeast Reading, Reading.
What is the average sales price for listings in 550 South 18th Street?
The average sales price for units in 550 South 18th Street is $0 currently.

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