2 months on rocket

1600AND1608 Elizabeth, Reading, PA, 19605

$724,500

Home List Price

$8,603*

Closing Credit

0 Baths
5,322 SqFt
$136/SqFt
House

Location

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1600AND1608 Elizabeth, Reading$724,500

Buyer Closing Credits

$8,603*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingParking Lot
Year Built1929
HeatingForced Air
CoolingCentral Air
MLS #PABK2049192
Lot Size0.13 Acres
StatusActive
(ACTIVE)

About 1600AND1608 Elizabeth

Dual Income Opportunity! Commercial Building plus a residential home with high visibility. Rare combination of a fully leased restaurant space and a separate residential home. Ideal for investors! Commercial building is currently leased for $4,500/month currently used as a restaurant, which includes a separate garage plus an off street parking lot. The adjacent home offers 3 bedrooms, plus a full bath. The home is newly vacant but was being rented for $2,275/month.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1929
  • Living Area: 5,322 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (610) 373-9900
  • Listing Agent: Jerry G Buffa

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 422 E onto Warren Street Bypass towards Pricetown to left onto Elizabeth to left on Marion to property on the left

Municipality:

  • Laureldale Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $724,500
  • Price Per SqFt: $136/SqFt
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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

$249.5K

Med. Price/SqFt

$150

Avg. Days On Market

20

# of Sold Homes

170

1600AND1608 Elizabeth vs Reading

82 DAYS ON ROCKET

+62 Days

$724,500

+$474.9K More

$136/SqFt

-$15 Less

KEY TAKEAWAY

This property is $474.9K more than the Median Sold Price and $15/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: #PABK2049192

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (610) 373-9900
  • Listing Agent: Jerry G Buffa

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: 12/18/2024, 11:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,683

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,239

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NMLS#3030

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-4501112
5
/10

  • Cornwall Terrace Elementary

  • 3100 Iroquois Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-4501113
4
/10

  • Whitfield Elementary

  • 2700 Van Reed Rd

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-4501114
3
/10

  • Green Valley Elementary

  • 270 Green Valley Rd

  • 1.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,361. The majority of Reading, PA residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Reading, PA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Reading, PA?

Reading's housing market is characterized by a diverse array of options, with single-family homes being a significant component. Architectural styles in the area range from historic row homes to more contemporary designs, reflecting the city's rich history and ongoing development. The housing stock includes a mix of older homes, with many dating back to the early 20th century, as well as newer constructions that cater to modern living preferences.

Is Reading, PA a good place to live?

Reading prides itself on a vibrant community spirit, with a rich cultural heritage that is evident in its local festivals and events. The city's character is further defined by its commitment to the arts, as seen in the numerous galleries and performance spaces that dot the area. Residents and visitors alike enjoy the blend of urban amenities and the sense of small-town camaraderie that Reading offers.

Are things conveniently located in Reading, PA?

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are comprehensive, with several hospitals and clinics providing a range of medical care. Reading also features a public library system that supports lifelong learning. Retail and dining options are plentiful, offering both local and international cuisine, as well as shopping experiences that reflect the city's diverse culture.

What does the transportation in Reading, PA look like?

Transportation in Reading includes a network of roads and highways that connect residents to nearby cities and towns. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by neighborhood, with some areas being more pedestrian-friendly than others. Efforts to enhance transportation efficiency and accessibility are ongoing, with improvements to public transit and road infrastructure being a priority for the city.

Frequently Asked Questions About 1600AND1608 Elizabeth

What is the listing price of this property?

The listing price of 1600AND1608 Elizabeth property is $724,500.

What type of property is this?

The property 1600AND1608 Elizabeth is a house located in Reading, Pennsylvania, 19605.

Is this property for sale now?

Active Listing: 1600AND1608 Elizabeth is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 1600AND1608 Elizabeth is 5,322 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1600AND1608 Elizabeth is 1929.

Rocket Homes›Pennsylvania›Berks County›Reading›19605›1600AND1608 Elizabeth

This home is located at 1600AND1608 Elizabeth in Reading, PA and zip code 19605. This 5,322 square foot home, which was built in 1929, sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $724,500.

Over 90 listings were sold over their listed price in November 2024 in Reading, PA. In the same period over 48 listings were sold below the listed price and 32 listings were sold for the listed price. The inventory of homes for sale in Reading, PA between October 2024 and November 2024 decreased by 10.3%. In November 2024 median list price was $249,546 and the average listing age was 20 days.

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

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