1124 Rainbow Ave
Reading, PA 19605
4 bd 3 ba 2,490 sqft Built 1977 Lot 9,583 sqft single_family
Most recent sale
$309,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Sold | $309,000 | MLS #PABK2018294 |
| Jul 14, 2022 | Price changed | $299,777 | MLS #PABK2018294 |
| Jul 8, 2022 | Listed | $289,777 | MLS #PABK2018294 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $74,200 | $32,900 | $107,100 | $5,405 |
| 2025 | $74,200 | $32,900 | $107,100 | $5,405 |
| 2023 | $73,600 | $32,900 | $106,500 | $4,812 |
| 2022 | $73,600 | $32,900 | $106,500 | $4,732 |
| 2021 | $73,600 | $32,900 | $106,500 | $4,621 |
| 2020 | $73,600 | $32,900 | $106,500 | $4,621 |
| 2019 | $73,600 | $32,900 | $106,500 | $4,523 |
| 2018 | $73,600 | $32,900 | $106,500 | $4,443 |
| 2017 | $73,600 | $32,900 | $106,500 | $4,359 |
| 2016 | $73,600 | $32,900 | $106,500 | $4,279 |
| 2015 | $73,600 | $32,900 | $106,500 | $4,253 |
| 2014 | $73,600 | $32,900 | $106,500 | $4,152 |
| 2013 | $73,600 | $32,900 | $106,500 | $4,098 |
| 2012 | $73,600 | $32,900 | $106,500 | $4,020 |
| 2011 | $73,600 | $32,900 | $106,500 | $3,993 |
| 2010 | $73,600 | $32,900 | $106,500 | $3,913 |
| 2009 | $73,600 | $32,900 | $106,500 | $3,860 |
| 2008 | $73,600 | $32,900 | $106,500 | $3,706 |
| 2007 | $73,600 | $32,900 | $106,500 | $3,705 |
Property facts
Year built
1977
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,490 sqft
Lot size
9,583 sqft
ZIP code
19605
City
Reading
Street
Rainbow Ave
Coordinates
40.39685, -75.96318
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,854
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1124 Rainbow Ave last sell?
1124 Rainbow Ave most recently sold on Aug 23, 2022 for $309,000.
What is the current tax assessment for 1124 Rainbow Ave?
The most recent total assessment for 1124 Rainbow Ave (year 2026) is $107,100 with $5,405 in property tax.
How does 1124 Rainbow Ave's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $309,000.
When was 1124 Rainbow Ave built?
1124 Rainbow Ave was built in 1977.
How does 1124 Rainbow Ave compare to others on Rainbow Ave?
We track 8 other properties on Rainbow Ave. Browse the list under "Other properties on Rainbow Ave" to compare beds, baths, and sale history.
What are the property facts for 1124 Rainbow Ave?
1124 Rainbow Ave is a 4 bed, 3 bath, 2,490 sqft, 9,583 sqft lot single_family.
Is 1124 Rainbow Ave a flip candidate?
No — 1124 Rainbow Ave does not appear in our flips dataset.
Is 1124 Rainbow Ave a tax-appeal candidate?
No — 1124 Rainbow Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.1%
Implied 1-yr
-8.5%
2026 Q3
$242.6K
2026 Q4
$236.6K
ZIP 19605 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Ave