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1045 Penn Street

1045 Penn Street, Reading, PA 19601
Townhouse in Penn's Common
Sold Apr 08, 2022
$121,000
Sold Oct 14, 2020
$121,000
$96,800 by Quicken Loans Llc
Mortgage Due Oct 01, 2050
1045 Penn Street in Reading, PA was first built in 1890 and is 134 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 13 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 1045 Penn Street has 4,514 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 2,178 square feet.

Learn more about the property and building on this page. 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. 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 fair. 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 hot water 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, 1045 Penn Street sold most recently in Apr 6, 2022 for a total of $121,000. If you work out the math, that's approximately a cost of $26.81 per sqft. Before that, the property was also sold for $121,000 in Jul 7, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,706 in taxes each year. 1045 Penn Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,900. If we break it down further, the land itself was valued at $24,700. Improvements to the property, however, were assessed at a total of $37,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Fair
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 4,514
  • Gross Building Area: 4,514
  • Building Area: 4,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 4,514
  • Heating Fuel Type: Gas

    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 : HOLMBERG LEIF
  • Current Owner 2: HOLMBERG DARCY
  • Previous Owner : LEIF HOLMBERG
  • Owner Before Previous Owner: LSF10 MASTER PARTICIPATION TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 001900

Geography

  • Assessors Map Reference: 085317
  • Account Number: 8585655
  • District: 08
  • Parcel: 08-5317-77-10-0300
  • Block: 10
  • Municipality: READING CITY
  • Latitude: 40.3354
  • Longitude: -75.9166

    Address

  • Full Address: 1045 Penn St
  • Address - House Number: 1045
  • Address - Street Name: Penn
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C017
  • 4-Digit Zip Code: 3703
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,706
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.3209
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 35
  • Final Value: 244,282
  • High Value: 322,675
  • Low Value: 165,888

    Market Valuation

  • Market Total Value: $61,900
  • Market Land Value: $24,700
  • Market Improvement Value: $37,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,900
  • Assessed Land Value: $24,700
  • Assessed Improvements Value: $37,200

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Transaction ID: 11884205866
  • Current Sale Price: $121,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 14863
  • Previous Sale Recording Date: Oct 14, 2020
  • Previous Sale Contract Date: Jul 07, 2020
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS LLC
  • Previous Mortgage Transaction Date: Oct 14, 2020
  • Previous Mortgage Loan Amount: $96,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 1045 Penn Street located in?
The 1045 Penn Street is a townhouse located in the neighborhood of Penn's Common in Southeast Reading, Reading.
What is the average sales price for listings in 1045 Penn Street?
The average sales price for units in 1045 Penn Street is $0 currently.

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