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1550 Luzerne Street

1550 Luzerne Street, Reading, PA 19601
Property in Glenside
Sold Apr 25, 2016
$85,000
$89,167 by Mortgage America Inc
Mortgage Due Aug 01, 2034
Sold Aug 02, 2004
$89,900
$89,167 by Mortgage America Inc
Mortgage Due Aug 01, 2034
1550 Luzerne Street in Reading, PA was first built in 1927 and is 97 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1550 Luzerne Street has 1,128 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 4,792 square feet.

Learn more about the property and building on this page. There is a open porch and a screened patio. 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. The condition of the building has been evaluated as fair. The exterior walls of the home are made of alum/vinyl siding. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1550 Luzerne Street was last sold in Apr 21, 2016 for $85,000. According to our calculations, that's $75.35 per sqft. Prior to that sales transaction, the property was sold for $89,900 in Jul 15, 2004. Current property owners are expected to pay $2,107 in taxes per year. The property on 1550 Luzerne Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,200. To break that down further, the land itself was valued at $15,500. While improvements to the property were assessed at a total of $32,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,128
  • Gross Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,128
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLENSIDE
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HEREDIA DE LEON WILSON H
  • Previous Owner : ALMANZAR ALEJANDRO
  • Previous Owner 2: ALMANZAR GRETTA VERALY
  • Owner Before Previous Owner: WEBBER HERBERT C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 000200

Geography

  • Assessors Map Reference: 195307
  • Account Number: 19476975
  • District: 19
  • Parcel: 19-5307-29-08-8343
  • Block: 08
  • Lot: 2
  • Municipality: READING CITY
  • Latitude: 40.3581
  • Longitude: -75.9523

    Address

  • Full Address: 1550 Luzerne St
  • Address - House Number: 1550
  • Address - Street Name: Luzerne
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C037
  • 4-Digit Zip Code: 1308
  • Zip Code: 19601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,107
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2596
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 63
  • Final Value: 161,583
  • High Value: 203,542
  • Low Value: 119,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $89,167
  • First Open Lien Mortgage Lender: MORTGAGE AMERICA INC
  • First Open Lien Mortgage Recording Date: Aug 02, 2004
  • First Open Lien Mortgage Loan Amount: $89,167
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2034

    Market Valuation

  • Market Total Value: $48,200
  • Market Land Value: $15,500
  • Market Improvement Value: $32,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,200
  • Assessed Land Value: $15,500
  • Assessed Improvements Value: $32,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2016
  • Current Sale Recording Date: Apr 25, 2016
  • Current Sale Transaction ID: 1542028604
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016013349
  • Previous Sale Recording Date: Aug 02, 2004
  • Previous Sale Contract Date: Jul 15, 2004
  • Previous Sale Amount: $89,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CUSTOMERS BANK
  • First Mortgage Transaction Date: Apr 25, 2016
  • First Mortgage Loan Amount: $83,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE AMERICA INC
  • Previous Mortgage Transaction Date: Aug 02, 2004
  • Previous Mortgage Loan Amount: $89,167
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2034

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Frequently Asked Questions

What neighborhood is 1550 Luzerne Street located in?
The 1550 Luzerne Street is a located in the neighborhood of Glenside in Northwest Reading, Reading.
What is the average sales price for listings in 1550 Luzerne Street?
The average sales price for units in 1550 Luzerne Street is $0 currently.

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