$285,000
SOLD APR 16, 2024

100 W Spring St Reading, PA 19601

Northwest Reading Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Recently Sold

7 Days on Market

About This Home

As of April 2024

3 unit investment property on a quiet street across from Northwestern Middle School is ready for a new owner. Do you dream of owning real estate? You could live in one apartment and have your tenants paying your mortgage! So many possiblities. 1st floor apartment is large with an awesome fireplace and cute dining space with 1 bedroom and 1 bathroom. Plenty of closet space and bonus areas for storage. 2nd floor apartment is 2 bedrooms and 1 full bath and also has closets and additional storage spaces. 3rd floor apartment is a spcious with 1 bedroom with a bonus room and plenty of closet space. Business space below was a luncheonette at one time and could be potential for additioanl future income. Call today for a private tour!

Last Agent to Sell the Property

Dana Riegel

RE/MAX Of Reading Listed on: 12/06/2023

RE/MAX Of Reading

Co-Listed By

Penny Noll

RE/MAX Evolved License #AB052181L

Last Buyer's Agent

Jose Espinal Gil

Coldwell Banker Realty License #RS360737

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1915

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Stone Siding

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 6635
  • Assessor Parcel Number 15-5307-49-55-6635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,863

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: all appliances
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: 3 unit investment property on a quiet street across from Northwestern Middle School is ready for a new owner. Do you dream of owning real estate? You could live in one apartment and have your tenants paying your mortgage! So many possiblities. 1st floor apartment is large with an awesome fireplace and cute dining space with 1 bedroom and 1 bathroom. Plenty of closet space and bonus areas for storage. 2nd floor apartment is 2 bedrooms and 1 full bath and also has closets and additional storage spaces. 3rd floor apartment is a spcious with 1 bedroom with a bonus room and plenty of closet space. Business space below was a luncheonette at one time and could be potential for additioanl future income. Call today for a private tour!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 100

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4126
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2023
  • Zoning: R-3

Rental Info

  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Sewer, Trash Collection
  • Total Actual Rent: 30600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1174.00
  • Tax Annual Amount: 2863.00
  • Assessor Parcel Number: 15-5307-49-55-6635
  • Tax Lot: 6635
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/16/2024

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Apr 10, 2024
Sold by
Garcia Carmen Rosa
Bought by
D & L Reading Property Llc
Seller's Agent
Dana Riegel
RE/MAX Of Reading
Buyer's Agent
Jose Espinal Gil
Coldwell Banker Realty
List Price
$285,000
Sold Price
$285,000
Views
121
Current Estimated Value
$323,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,321
Avg. Annual Appreciation
6.25%
Original Mortgage
$228,000
Outstanding Balance
$225,630
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$81,819

Purchase Details

Listed on
Feb 18, 2020
Closed on
Jul 16, 2020
Sold by
Cafurello Michael C and Cafurello Sandra J
Bought by
Garcia Carmen Rosa
Seller's Agent
William Eby
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Matthew McMillan
NextHome Alliance
List Price
$198,000
Sold Price
$190,000
Premium/Discount to List
-$8,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$186,558
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1995
Bought by
Cafurello Michael C J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $285,000 None Listed On Document
Deed $190,000 Capital Assurance Group
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $186,558 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $285,000 0.0% --
02/25/2024 02/25/24 Off Market $285,000 -- --
02/14/2024 02/14/24 For Sale $285,000 0.0% --
12/13/2023 12/13/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $285,000 +50.0% --
07/16/2020 07/16/20 Sold $190,000 0.0% --
03/13/2020 03/13/20 Pending -- -- --
03/11/2020 03/11/20 Off Market $190,000 -- --
02/26/2020 02/26/20 Price Changed $190,750 -3.7% --
02/18/2020 02/18/20 For Sale $198,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,778 $65,500 $19,400 $46,100
2024 $2,908 $65,500 $19,400 $46,100
2023 $2,863 $65,500 $19,400 $46,100
2022 $2,863 $65,500 $19,400 $46,100
2021 $2,863 $65,500 $19,400 $46,100
2020 $2,835 $65,500 $19,400 $46,100
2019 $2,835 $65,500 $19,400 $46,100
2018 $2,835 $65,500 $19,400 $46,100
2017 $2,816 $65,500 $19,400 $46,100
2016 $1,609 $65,500 $19,400 $46,100
2015 $1,609 $65,500 $19,400 $46,100
2014 $1,480 $65,500 $19,400 $46,100
Source: Public Records

Agents Affiliated with this Home

  • Dana Riegel

    Seller's Agent in 2024

    Dana Riegel

    RE/MAX of Reading

    (610) 451-2324

    1 in this area

    102 Total Sales

    Dana Riegel
    Section Image
  • Penny Noll

    Seller Co-Listing Agent in 2024

    Penny Noll

    RE/MAX

    (610) 780-6688

    1 in this area

    90 Total Sales

    Penny Noll
    Section Image
  • Jose Espinal Gil

    Buyer's Agent in 2024

    Jose Espinal Gil

    Coldwell Banker Realty

    (610) 816-3873

    5 in this area

    79 Total Sales

    Jose Espinal Gil
    Section Image
  • William Eby

    Seller's Agent in 2020

    William Eby

    Keller Williams Platinum Realty - Wyomissing

    (484) 624-2465

    47 Total Sales

    William Eby
    Section Image
  • Matthew McMillan

    Buyer's Agent in 2020

    Matthew McMillan

    NextHome Alliance

    (610) 698-7282

    1 in this area

    34 Total Sales

    Matthew McMillan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2037648

Bright MLS

APN: 15-5307-49-55-6635

Pennsylvania Berks County Reading 19601 Northwest Reading

100 W Spring St, Reading, PA

This home is located at 100 W Spring St, Reading, PA 19601 and is currently priced at $285,000. This property was built in 1915. 100 W Spring St is a home located in Berks County with nearby schools including Riverside Elementary School, Northwest Middle School, and Reading Senior High School.

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