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$329,900

Beds
5
Baths
2.5
sq ft
2,874

1611 Palm St, Reading, PA 19604

1611 Palm St

READING, PA 19604

  • 92 days on market
    • Price drop $17,100↓
*PRICE ADJUSTMENT+ 1 year Home Warranty!" $329,900 Welcome to 1611 Palm street, located in the highly desirable Hampden Heights neighborhood. This beautiful, one-of-a-kind home was designed by renowned American architect Miles Dechant, who also designed the Berks County Courthouse and iconic City Park Bandshell. So many special characteristics that make this home like no other! From the distinctive look of the Vermont slate roof and clinker bricks, copper downspouts, the character of the flagstone walk, porch and patio and the old-world charm of the brick archway and walk. In addition to that, there is an exceptional private garden space with a covered porch that is green throughout all seasons. Even on a cold winter day, you can bundle up and enjoy this striking evergreen space! This spacious 2 1/2 story brick colonial home has 5 bedrooms, 2.5 bathrooms and a partially finished basement. As you enter into the main floor, the many NEW double hung windows provide natural light to brighten your surroundings and lift your mood. On those chilly winter nights, cozy up in the living room in front of the wood burning fireplace. On the second floor, you will find 4 nicely sized bedrooms and two full bathrooms. The third level features a finished attic/5th bedroom space or exercise area, which currently includes a classic Cedar closet for extra storage. In the basement, discover the finished entertainment space with a private entrance via stairs to the backyard. The laundry room, utility room, and additional storage areas are also located in the basement. There is a 1 car attached garage and additional driveway parking behind the home, accessible via an alleyway. This home also features central air conditioning, new appliances, upgraded LVP flooring, new windows, upgraded electrical wiring. Experience the unique charm of an older home with modern updates making it a must see!

Details

Property type

Single Family Residence

Est. home value

$299,987

Lot size

7,405 sq ft

Price per sq ft

$115

Year built

1930

Annual property taxes

$4,951

HOA

No

Price History

12/05/2024
Bright

Bright #PABK2048878

Price change
$329,900
-4.93%
11/07/2024
Bright

Bright #PABK2048878

Price change
$347,000
-4.91%
10/13/2024
Bright

Bright #PABK2048878

Price change
$364,900
-2.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

READING

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$135,806
Asking price
$329,900
Closing costs (~8% of asking)
-$26,392
Est. remaining loan balance
-$167,702
Cash to seller
$135,806

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2021

Original loan amount

$198,000

Est. remaining balance

$167,702

Interest rate

2.65%

Loan type

New Conventional, 20 year

Seller

Lisa A Hain

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 4:20 AM

Listing updated: 12/11/2024 at 1:45 PM

Listed by: Alison Burke, Keller Williams Platinum Realty - Wyomissing Phone #: (610) 898-1441

MLS: Bright #PABK2048878

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