2 months on rocket

Sale Pending

516 Laurel St, Reading, PA, 19602

$154,900

Home List Price

$1,839*

Closing Credit

3 Bedrooms
1 Full Bath
1,259 SqFt
$123/SqFt
Townhouse
Schools Nearby

Location

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516 Laurel St, Reading$154,900

Buyer Closing Credits

$1,839*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingNone
BasementYes
MLS #PABK2039282
Lot Size0.03 Acres
StatusSale Pending
(PENDING)

About 516 Laurel St

Welcome to 516 Laurel St, a stunning and fully remodeled 3-bedroom home located in the historical district of Reading! Offering a turnkey opportunity for both investors and homeowners. This property is ready for you to move in or start generating income immediately. This home boasts three spacious bedrooms, providing ample space for a growing family or for hosting guests. FULLY REMODLED!! The recent renovations ensure that the home has a fresh and modern feel throughout. The heart of this home is its brand new kitchen, equipped with stainless steel appliances. Conveniently located in the growing City of Reading! With Penn Street just a few streets away, Penn Ave across the bridge, and located near major highways everything you could desire from lounges, night life, cafes, family entertainment centers, and shopping is just a few minutes away. Whether you're looking to generate rental income or establish a comfortable and stylish home for yourself, this property has it all. Don't miss out on this exceptional opportunity - contact us today to learn more and schedule a viewing. Our dedicated team is ready to assist you in securing this stunning home.

Property Details

Property Features

Property Information:

  • Architectural Style: Dutch
  • Year Built: 1900
  • Living Area: 1,259 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate of Berks
  • Office Phone: (484) 450-8771
  • Listing Agent: Jose Manzueta

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From Penn St in Reading head west on Penn St toward N 5th St. Turn left at the 1st cross street onto S 5th St. Turn left onto Laurel St. Destination will be on the right

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $154,900
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $1,154
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Reading, PA.

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Reading, PA

City

Med. Sold Price

$235.6K

Med. Price/SqFt

$142

Avg. Days On Market

24

# of Sold Homes

144

516 Laurel St vs Reading

89 DAYS ON ROCKET

+65 Days

$154,900

-$80.7K Less

$123/SqFt

-$20 Less

KEY TAKEAWAY

This property is $80.7K less than the Median Sold Price and $20/SqFt less than other homes in Reading, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABK2039282

Listing Office:

  • Office Name: Iron Valley Real Estate of Berks
  • Office Phone: (484) 450-8771
  • Listing Agent: Jose Manzueta

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 2:00:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2014Home Sold
$11,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,154$26,400
2020$1,142$26,400
2019$1,142$26,400
2018$1,142$26,400
2017$1,135$26,400

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4571351
1
/10

  • Tyson-Schoener Elementary School

  • 315 S 5th St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-4571352
5
/10

  • Amanda E Stout Elementary School

  • 321 S 10th St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-4571353
5
/10

  • Millmont Elementary School

  • 400 Summit Ave

  • 0.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,822. Typical income of Reading, PA residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Laurel St

What is the listing price of this property?

The listing price of 516 Laurel St property is $154,900.

What type of property is this?

The property 516 Laurel St is a townhouse located in Reading, Pennsylvania, 19602.

Is this property for sale now?

Sale Pending: 516 Laurel St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,154 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 1, 2014 for $11,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Laurel St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 516 Laurel St is 1,259 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Laurel St is 1900.

Rocket Homes›Pennsylvania›Berks County›Reading›19602›516 Laurel St

This home is located at 516 Laurel St in Reading, PA and zip code 19602 in the Prince Historic District neighborhood. This 1,259 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $154,900.

In April 2024 more than 65 listings in Reading, PA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 44 were sold below. The inventory of homes for sale in Reading, PA between March 2024 and April 2024 decreased by 7.9%. In April 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $235,666.

From Rocket Homes Real Estate and based on county public records data.

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