505 Lockheed Ave, Reading, PA 19601
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Property image
OFF MARKET

505 Lockheed Ave
Reading, PA 19601

  • 4 Beds
  • 1 Bath
  • 1,719 sqft

$293,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,944/mo*
Refinance Your Home

$293,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,944/mo*
Refinance Your Home
4 Beds
1 Bath
1,719 sqft

Local Information

  • Map ViewExplore the area around 505 Lockheed Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1951
Living Area
1,719 sqft
Price/Sqft
$171

About this House

Move in ready ? Home is a 4 bedroom 1 bath single family detached home with very low maintenance. Enter into the living room area with open floor plan, look to your right, see the gorgeous brand new kitchen with tile backsplash, brand new stainless steel appliances, and step right into the formal dining room that opens up to the great room with cathedral ceilings, wood beams and a wood stove with a brick hearth where there is plenty of room for everyone to sit back and relax. All of these rooms have brand new Pergo type floors and fresh paint. Coming back through the dining room and kitchen to the living room, Take a walk down the hall past the two 1st floor bedrooms with wall to wall carpeting and then into the full bathroom with tile floors, tile bath/shower surround, brand new vanity and toilet. Once again come back down the hall into the living room, continue upstairs to the final two private bedrooms also with brand new wall to wall carpeting. Did I mention this home also features a first floor laundry/utility room off the great room. Home has many new features: new windows, newer roofs, and a gas boiler, saving hundreds of dollars while keeping your family warm in the winter. Home has fresh neutral colored paint both inside and outside. Large back yard is flat with oversized utility shed. Home offers off-street parking, is located in a quiet neighborhood with friendly, helpful neighbors and is very close to local parks including Blue Marsh. Home is also close to many major roads: Rte 183 and 222. This home would be a great opportunity home for a first time home buyer.
505 Lockheed Ave, Reading, PA 19601 is a 4 bedroom, 1 bathroom, 1,719 sqft single-family home built in 1951. It last sold for $134,900 on Jun 30, 2016. It is currently off market. The Trulia Estimate is $293,500, with a rent estimate of $1,768/month.

Home Details for 505 Lockheed Ave

Interior Features

Heating & Cooling
Heating: Other, GasCooling System: Wall UnitHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
AtticNumber of Rooms: 6Types of Rooms: Family Room

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Other

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price History for 505 Lockheed Ave

DatePriceEventSource
06/30/2016$134,900Sold
N/A
05/04/2016$134,900Listed For SaleAgent Provided
01/19/2016$51,800Sold
N/A
12/06/2015$69,900PriceChange
Agent Provided
11/12/2015$75,000Listed For SaleAgent Provided

Market trends in Reading

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$247K
$10KMoM
Sale-to-List Price
100.3%
Price per sq ft
$157
$3MoM
Available listings
360
25MoM
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Property Tax and Assessment

Year2025
Tax$3,072
Assessment$72,800
Home facts updated by county records

Comparable Sales for 505 Lockheed Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
418 Egle Rd, Reading, PA
0.11
Single-Family Home
$281,000
07/10/26
4
1
1,225
2114 Cullum Dr, Reading, PA
0.13
Single-Family Home
$265,000
04/24/26
3
1
1,092
2013 Dennis Dr, Reading, PA
0.24
Single-Family Home
$300,000
03/10/26
4
1
1,142
334 Ernst Rd, Reading, PA
0.25
Single-Family Home
$318,000
06/18/26
3
1
1,306
2008 Cullum Dr, Reading, PA
0.16
Single-Family Home
$260,000
08/15/25
3
1
984
327 Ernst Rd, Reading, PA
0.25
Single-Family Home
$270,000
09/19/25
4
1
1,030
524 Boeing Ave, Reading, PA
0.16
Single-Family Home
$300,000
06/30/26
3
1
1,026
2115 Cullum Dr, Reading, PA
0.15
Single-Family Home
$335,000
10/07/25
3
1
1,652
513 Frontier Ave, Reading, PA
0.15
Single-Family Home
$264,900
01/09/26
2
1
984
2109 Cullum Dr, Reading, PA
0.15
Single-Family Home
$280,900
12/22/25
3
1
1,176

Nearby homes

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Assigned Schools

These are the assigned schools for 505 Lockheed Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Reading

At least 1993 Trulia users voted on each feature.

  • 82 % Say there are sidewalks

  • 78 % Say car is needed

  • 75 % Say it's dog friendly

  • 73 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 58 % Say it's walkable to grocery stores

  • 54 % Say streets are well-lit

  • 53 % Say parking is easy

  • 51 % Say people would walk alone at night

  • 48 % Say it's walkable to restaurants

  • 48 % Say they plan to stay for at least 5 years

  • 48 % Say neighbors are friendly

  • 46 % Say it's quiet

  • 43 % Say there's wildlife

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Julio Pacheco
    "Everybody is looking for each other’s "
    1
    Flag
  • Fg5mshvryr
    "Very picky they call the police for anything and everything. Is quiet but neighborhood is very noisy "
    1
    Flag
  • Juan
    "Reading is a great place to live, especially if you’re on the border next to the West and want a neighborhood that feels clean, safe, and walkable. The area has great parks, and it’s perfect for kids, casual walks, and bike rides around town. Like anywhere, you may occasionally see people trying to break into cars, but it’s sporadic rather than constant, and most of the time the neighborhood feels peaceful. A lot of the neighbors are friendly and easy to get along with, though, like anywhere, there are a few difficult people mixed in. Overall, Reading has a strong small-town feel with good energy and plenty to like. Reading’s borough site highlights its 21-acre park and community recreation options, and local sources commonly describe it as walkable and family-friendly"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for almost 10 yrs and love it. Nice people and stores and restaurants within walking distance and a Safe feeling when out walking!"
    2
    Flag
  • Enjoli Ruley-Yates
    "Know what part of reading and what school district you are looking to move into. Parking is crazy in the city."
    0
    Flag
  • Kiara Felix Cruz
    "Parents generally prioritize fostering a safe, loving, and nurturing environment that promotes their child's long-term well-being and independence. Key priorities include providing unconditional love, establishing consistent boundaries, building strong communication, and modeling good behavior. Parents also highly value teaching responsibility and"
    0
    Flag
  • Trulia User
    "This area is a Friendly area but please make sure you check the predator app cause they are several in the area for those people who have children."
    0
    Flag
  • Trulia User
    "Very cheap, too many jobs opportunities,the cost of leaving is not that bad ,good people, is like all different states that has their good side and the bad side."
    0
    Flag
  • Kiara Felix Cruz
    "Dog owners in Reading love the abundance of scenic green spaces, such as Gring’s Mill Recreation Area and the Reading Public Museum Arboretum, which feature extensive walking trails. Secure, off-leash play is a major plus at spots like Jim Dietrich Dog Park and the new Schlegel Park facility"
    0
    Flag
  • Trulia User
    "Bus transportation at every corner, easy to get around either by walking, bus, bike, scooter, handicap rams on corners. Traffic light"
    0
    Flag
  • Ki
    "They treat you like family and are very awesome towards you they have block parties they get along monster the race color appearance "
    2
    Flag
  • Shane81evans
    "Quit streets good hard working people A neighborhood's uniqueness comes from its unique blend of people, local businesses, amenities, and character. Factors like safety, the quality of schools, and community atmosphere contribute to its distinct identity, while specific features such as a thriving food scene, parks, or a rich history can make it special. Ultimately, a neighborhood becomes unique through the relationships residents build, the shared meanings they attach to places, and the lifestyle it"
    0
    Flag
  • Fred Matias
    "Our neighborhood is quite and safe. We have children in the neighborhood running up and down the block. There are no issues nor problem in our Nieghbor’s. "
    0
    Flag
  • ReadingRenter
    "Need a car for anything unless taking public transportation. 5th street highway is the best location for the city of reading. "
    0
    Flag
  • Jose Pinheiro
    "If you’re looking for the perfect place to call home, let me introduce you to my outstanding neighborhood — a true hidden gem! 🌿 ✅ Safe and Secure – Peace of mind is priceless, and here we enjoy a strong sense of safety and community watch. ✅ Quiet & Peaceful – Away from the noise, close to nature, and perfect for families, retirees, or anyone who values a calm environment. ✅ Friendly Neighbors – The kind of place where people still wave hello, lend a hand, and make you feel at home. ✅ Beautiful Streets & Well-Kept Homes – Pride of ownership is everywhere you look. ✅ Perfect Location – Convenient access to schools, parks, local shops, and commuter routes."
    0
    Flag
  • Fred Matias
    "No community events are or have been done here, but I would love to have a neighborhood block party to celebrate us as a people. "
    0
    Flag
  • Ktweber
    "I live in a pet friendly apartment complex and see many people walking their dogs around. Most people keep their dogs on leash. "
    0
    Flag
  • A.delacruzh
    "El Hass special event to make my community special because it’s too many culture that’s why are dividid"
    0
    Flag
  • Yoel Mejia Brito
    "Great community and great neighborhood beautiful people I am very happy living here I am secure and protected "
    0
    Flag
  • Juliocesarsalcedod
    "We have some events in special dates, for example in summer we have a special event for example kids parks. "
    0
    Flag
  • Keona Thompson
    "It’s peaceful and quiet for the most part and the cleanest area throughout reading beside the suburbs "
    0
    Flag
  • Leslie.perez1768
    "I don’t know cause I don’t have a dog but there are to many dogs in my area of reading and I’m allergic to them so it’s not really a good area for people allergies to Live in"
    0
    Flag
  • Lena Taniyo
    " There is a lot of people walking their dogs around Exeter neighborhoods. For the most part everyone picks up after their dogs. Just remember always leash your dog! :) "
    0
    Flag
  • Oscarasocorro
    "Diversity of culture is what makes this neighborhood so unique and special, you can find and see everything in here"
    0
    Flag
  • Jennsantanao.04
    "I need more space where to have my pet and I want an extra room and a better school nearby for my daughter."
    0
    Flag
  • Morsletine67
    "There are a lot of people that walk their dogs in this area and most people are animal friendly, but you do have some people that put up signs to keep off lawn. The reason I believe this happens is because you do have some people, very few, that will walk their dogs at night and not clean up. As a dog owner, I always clean up after my dog and I get very annoyed when I am walking and I see that someone didn’t clean up after their dog. "
    0
    Flag
  • Jul Kastle
    "Very Friendly Neighborhood~We Feel safe in our Community. Everyone is friendly and welcoming..Nice place to call Home. "
    0
    Flag
  • Jfinks69
    "Neighbors are respectful of each other and their properties. The area is maintained and is close enough to shops and businesses without being too close. "
    0
    Flag
  • Morgan
    "724 can be backed up at times, which is annoying. Local groceries, post office, school and farmers market is all very convenient. "
    0
    Flag
  • Pchacon2122
    "Neighbors are pet friendly and I have ample space for my dogs in my yard. I feel my dogs are safe in our yard/home "
    5
    Flag
  • D. Rivera
    "Absolutely nothing. I moved here because I lived among the elderly and they began moving and selling their homes after Covid. Now the neighbors are loud with music playing constantly. Outside smoking weed and using profanity all the time. Gets worse during the summer time. I cannot let my kids outside to ply because there is no respect for them as children."
    25
    Flag
  • hm96
    "Some people do not keep their dogs quiet, then the barking picks up when people or another dog is walking by. "
    0
    Flag
  • Keesha Hill
    "The area of safety the schools and shopping the community overall The living of country suburban life "
    0
    Flag
  • Trulia User
    "Never leave your children alone outside. Many predators live in the area and it’s just not safe to leave them alone. "
    13
    Flag
  • Trulia User
    "My neighborhood has great access to public transportation. It's near to a lot of market, you can get your foods ordered and delivered with no problem. "
    5
    Flag
  • Trulia User
    "My neighborhood is dangerous and not safe for kids. I am expecting twins and do not feel comfortable living here."
    10
    Flag
  • Trulia User
    "Evening music and live action and drama. There are usually festivals and community events during all seasons "
    1
    Flag
  • Trulia User
    "There’s a dog swim every year on the last day that the pool is open where the dogs of the area get to go swimming. They also do a family night out every year where they show a movie on a big screen and have police and fire trucks teaching safety and playing games and vendors "
    3
    Flag
  • Cjmayernik
    "easy access to major roadways heading towards Lancaster and Ephrata area as well as towards the Exeter and Philadelphia areas"
    0
    Flag
  • Shane W.
    "great community to live in. lots of areas for kids and adults to both do and have activities.........."
    0
    Flag

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Apartments for Rent

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Homes for sale near 505 Lockheed Ave

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Off Market Homes Near 505 Lockheed Ave

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Frequently asked questions about 505 Lockheed Ave

  • What is 505 Lockheed Ave estimated to be worth?
    Trulia's estimated value for 505 Lockheed Ave in Reading, PA is $293,500.
  • What is the price history for 505 Lockheed Ave?
    505 Lockheed Ave in Reading, PA last sold for $134,900 in June 2016.
  • Is Reading a buyer's or seller's market?
    Reading is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Reading?
    The median sale price in Reading is $247K. That is up $10K from the prior month.
  • Does 505 Lockheed Ave have air conditioning?
    Yes, 505 Lockheed Ave in Reading, PA has air conditioning.
  • How big is the lot at 505 Lockheed Ave?
    The lot at 505 Lockheed Ave in Reading, PA is about 0.20 acres (8,712 sq ft).