2 months on rocket

538 Elm St, Reading, PA, 19601

$174,900

Home List Price

$2,077*

Closing Credit

0 Baths
Multi

Location

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538 Elm St, Reading$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1900
HeatingRadiant
CoolingNone
MLS #PABK2045022
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 538 Elm St

Come take a look at this 2 unit building located on lawyers row. This property consists of 1 commercial 1st floor unit that has an extended 1 bedroom apartment in the rear, currently vacant. The 2nd floor has a 3 bedroom apartment currently rented for $850, below market value. Owner pays for a gas heating system but tenants pay their own electric. Schedule a showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Side-by-Side
  • Year Built: 1900

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: David Baez

Interior Features

Interior Information:

  • Flooring Type: Carpet

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: East on Penn st. Left on 5th St. Right on Elm St.

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900

Tax Information:

  • Annual Amount: $2,282
  • 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

$242K

Med. Price/SqFt

$147

Avg. Days On Market

13

# of Sold Homes

210

538 Elm St vs Reading

84 DAYS ON ROCKET

+71 Days

$174,900

-$67.1K Less

KEY TAKEAWAY

This property is $67.1K less than the Median Sold Price in Reading, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABK2045022

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: David Baez

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: 9/17/2024, 9:20:57 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

Mar 28, 2008Home Sold
$79,500
Apr 06, 2006Home Sold
$75,000
Oct 15, 2004Home Sold
$34,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,282$52,200
2020$2,259$52,200
2019$2,259$52,200
2018$2,259$52,200
2017$2,244$52,200

History based on county public records data.

Payment Calculator

$940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-2582354
6
/10

  • Lauers Park Elementary School

  • 251 N 2nd St

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-2582355
4
/10

  • Tenth & Green Elementary School

  • 400 N 10th St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-2582356
4
/10

  • Tenth & Penn Elementary School

  • 955 Penn St

  • 0.50 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 $21,071. Most Reading, PA residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Berks County›Reading›19601›538 Elm St

This home is located at 538 Elm St in Reading, PA and zip code 19601 in the Northwest Reading neighborhood. This home, which was built in 1900, sits on a 0.04 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $174,900.

In August 2024, from all listings sold in Reading, PA there were more than 98 sold above asking price, over 56 sold below and more than 56 were sold right at the asked price. The number of homes for sale in Reading, PA decreased by 6.5% between July 2024 and August 2024. In August 2024, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $242,097.

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

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