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165 Melrose Ave

Reading, PA 19606

3 bd 1 ba 1,506 sqft Built 1930 Lot 3,049 sqft townhomes
Most recent sale
$165,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $165,000 MLS #PABK2015994
May 19, 2022 Listed $149,900 MLS #PABK2015994
Mar 31, 2012 Sold $85,000 MLS #6004269
Feb 9, 2012 Listed $89,900 MLS #6004269

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $38,700 $18,900 $57,600 $3,961
2025 $38,700 $18,900 $57,600 $3,903
2023 $38,700 $18,900 $57,600 $3,618
2022 $38,700 $18,900 $57,600 $3,503
2021 $38,700 $18,900 $57,600 $3,430
2020 $38,700 $18,900 $57,600 $3,335
2019 $38,700 $18,900 $57,600 $3,230
2018 $38,700 $18,900 $57,600 $3,196
2017 $38,700 $18,900 $57,600 $3,101
2016 $38,700 $18,900 $57,600 $3,002
2015 $38,700 $18,900 $57,600 $2,904
2014 $38,700 $18,900 $57,600 $2,800
2013 $38,700 $18,900 $57,600 $2,753
2012 $38,700 $18,900 $57,600 $2,728
2011 $38,700 $18,900 $57,600 $2,683
2010 $38,700 $18,900 $57,600 $2,648
2009 $38,700 $18,900 $57,600 $2,604
2008 $38,700 $18,900 $57,600 $2,443
2007 $38,700 $18,900 $57,600 $2,403

Property facts

Year built
1930
Property type
townhomes
Stories
2
Beds
3
Baths
1
Living area
1,506 sqft
Lot size
3,049 sqft
ZIP code
19606
City
Reading
Street
Melrose Ave
Coordinates
40.34355, -75.87324

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 165 Melrose Ave last sell?
165 Melrose Ave most recently sold on Jun 30, 2022 for $165,000.
What is the current tax assessment for 165 Melrose Ave?
The most recent total assessment for 165 Melrose Ave (year 2026) is $57,600 with $3,961 in property tax.
How does 165 Melrose Ave's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $165,000.
When was 165 Melrose Ave built?
165 Melrose Ave was built in 1930.
How does 165 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 165 Melrose Ave?
165 Melrose Ave is a 3 bed, 1 bath, 1,506 sqft, 3,049 sqft lot townhomes.
Is 165 Melrose Ave a flip candidate?
No — 165 Melrose Ave does not appear in our flips dataset.
Is 165 Melrose Ave a tax-appeal candidate?
No — 165 Melrose Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.4%
2026 Q3
$302.6K
2026 Q4
$309.9K
ZIP 19606 — Median Price History + Forecast

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