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736 Ritter Street

736 Ritter Street, Reading, PA 19601
Property in Greenwich
Sold Feb 01, 2017
$40,000
$38,800 by Customers Bank
Mortgage Due Feb 01, 2047
Sold May 20, 1999
$20,500
736 Ritter 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 1905 and is 119 years old. The home has a total of 7 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, 736 Ritter Street has 1,270 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 1,742 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. 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. 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, 736 Ritter Street sold most recently in Jan 31, 2017 for a total of $40,000. If you work out the math, that's approximately a cost of $31.50 per sqft. Before that, the property was also sold for $20,500 in May 20, 1999. 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 $1,250 in taxes each year. 736 Ritter Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,600. If we break it down further, the land itself was valued at $7,400. Improvements to the property, however, were assessed at a total of $21,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,270
  • Gross Building Area: 1,270
  • Building Area: 1,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SANTOS RAMON J GONZALEZ
  • Previous Owner : RITTER RITA C
  • Previous Owner 2: REICHMAN RITA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 001100

Geography

  • Assessors Map Reference: 155307
  • Account Number: 15612375
  • District: 15
  • Parcel: 15-5307-56-44-6442
  • Block: 44
  • Municipality: READING CITY
  • Latitude: 40.3471
  • Longitude: -75.9391

    Address

  • Full Address: 736 Ritter St
  • Address - House Number: 736
  • Address - Street Name: Ritter
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C039
  • 4-Digit Zip Code: 2406
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,250
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 69
  • Final Value: 123,481
  • High Value: 151,060
  • Low Value: 95,903

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $41,300
  • First Open Lien Mortgage Lender: CUSTOMERS BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2017
  • First Open Lien Mortgage Loan Amount: $38,800
  • 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, 2047
  • Second Open Lien Mortgage Lender: GREATER BERKS INC
  • Second Open Lien Mortgage Recording Date: Feb 01, 2017
  • Second Open Lien Mortgage Loan Amount: $2,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2047

    Market Valuation

  • Market Total Value: $28,600
  • Market Land Value: $7,400
  • Market Improvement Value: $21,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,600
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $21,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2017
  • Current Sale Recording Date: Feb 01, 2017
  • Current Sale Transaction ID: 1958531261
  • Current Sale Price: $40,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017004241
  • Previous Sale Recording Date: May 20, 1999
  • Previous Sale Contract Date: May 20, 1999
  • Previous Sale Amount: $20,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CUSTOMERS BANK
  • First Mortgage Transaction Date: Feb 01, 2017
  • First Mortgage Loan Amount: $38,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047
  • Second Mortgage Lender: GREATER BERKS INC
  • Second Mortgage Transaction Date: Feb 01, 2017
  • Second Mortgage Loan Amount: $2,500
  • Second Mortgage Terms: 83
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Feb 01, 2024

About Northwest Reading



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,500 /mo

  • 1 Bed
  • 1 Bath
Listing by David Fedeles

Frequently Asked Questions

What neighborhood is 736 Ritter Street located in?
The 736 Ritter Street is a located in the neighborhood of Greenwich in Northwest Reading, Reading.
What is the average sales price for listings in 736 Ritter Street?
The average sales price for units in 736 Ritter Street is $0 currently.

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