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724 McKnight Street

724 McKnight Street, Reading, PA 19601
Property in Greenwich
Sold Nov 20, 2017
$58,000
$56,260 by Pennsylvania First Na Bank
Mortgage
Sold Apr 01, 2010
$26,000
$21,165 by Ctce Federal Credit Union
Mortgage Due Mar 01, 2025
724 McKnight 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 1900 and is 124 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 724 McKnight Street has 1,833 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 2,178 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 detached garage for those who require parking. The garage measured 315 sqft. 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 average. 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 oil. 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. The property was last sold in Nov 20, 2017 for $58,000. That's $31.64 per sqft. Prior to that sales transaction, the property was also sold in Feb 26, 2010 for $26,000. 724 McKnight Street was last assessed in 2023. The total value of the property was assessed at $44,100. Specifically, the land the property is located on was valued at $10,200. While improvements on the property were assessed at a total of $33,900. 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 $1,928. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 315
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,833
  • Gross Building Area: 1,833
  • Building Area: 1,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,833
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ PEDRO JUAN
  • Previous Owner : ARROYO PEDRO J MARTINEZ
  • Owner Before Previous Owner: ITS A NEW DAY
  • Owner Before Previous Owner 2: SMITH CHANDRA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 001000

Geography

  • Assessors Map Reference: 155307
  • Account Number: 15492125
  • District: 15
  • Parcel: 15-5307-57-54-2341
  • Block: 54
  • Municipality: READING CITY
  • Latitude: 40.3467
  • Longitude: -75.9369

    Address

  • Full Address: 724 Mcknight St
  • Address - House Number: 724
  • Address - Street Name: Mcknight
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C042
  • 4-Digit Zip Code: 2410
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,928
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2596
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 63
  • Final Value: 152,543
  • High Value: 192,155
  • Low Value: 112,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,260
  • First Open Lien Mortgage Lender: PENNSYLVANIA FIRST NA BANK
  • First Open Lien Mortgage Recording Date: Nov 20, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $56,260
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $44,100
  • Market Land Value: $10,200
  • Market Improvement Value: $33,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,100
  • Assessed Land Value: $10,200
  • Assessed Improvements Value: $33,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2017
  • Current Sale Recording Date: Nov 20, 2017
  • Current Sale Transaction ID: 11372306318
  • Current Sale Price: $58,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017043319
  • Previous Sale Recording Date: Apr 01, 2010
  • Previous Sale Contract Date: Feb 26, 2010
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNSYLVANIA FIRST NA BANK
  • First Mortgage Transaction Date: Nov 20, 2017
  • First Mortgage Loan Amount: $56,260
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CTCE FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Apr 01, 2010
  • Previous Mortgage Loan Amount: $21,165
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2025

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Frequently Asked Questions

What neighborhood is 724 McKnight Street located in?
The 724 McKnight Street is a located in the neighborhood of Greenwich in Northwest Reading, Reading.
What is the average sales price for listings in 724 McKnight Street?
The average sales price for units in 724 McKnight Street is $0 currently.

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