Seller's Agent in 2021
Collier Golden
RE/MAX of Reading
(610) 914-4581
4 in this area
62 Total Sales
1008 Penn St Reading, PA 19602
Penn's Common NeighborhoodEstimated Value: $130,619
--
Bed
--
Bath
--
Sq Ft
1,742
Sq Ft Lot
Highlights
- Traditional Architecture
- Hot Water Heating System
- 4-minute walk to City Park
- Built-In Features
- Historic Home
About This Home
As of November 2021Opportunity awaits on the last block of Penn St before City Park in the Penn's Common Historic District. This 2-unit has tremendous potential for an investor or entrepreneur with vision. Both units are vacant and waiting for new tenants. The store on the main level will need remodeling, but the right business will be able to use the existing custom built-in fixtures. Storage space and a half bath along with access to the basement is in the backroom area of the store. The apartment upstairs has a huge living room, full bath, nice kitchen and large bedroom with balcony on the second floor. The third floor has 2 nice-sized rooms that could be converted into bedrooms with the appropriate city approval. All buyers should do their due diligence regarding zoning and commercial uses of the first level and how many bedrooms are allowed in the upstairs apartment. The apartment was last approved and rented as a 1-bedroom apartment in early 2020.
Last Agent to Sell the Property
(610) 914-4581 ColeG@remax.net RE/MAX Of Reading License #RS320941 Listed on: 10/01/2021
Last Buyer's Agent
(610) 914-4581 ColeG@remax.net RE/MAX Of Reading License #RS320941 Listed on: 10/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,168
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Historic Home
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- Built-In Features
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 6171
- Assessor Parcel Number 03-5317-77-00-6171
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2021
Closed on
Nov 1, 2021
Sold by
Christy Laurel C and Estate Of F Lynn Christy
Bought by
Cashing In Realty Llc
Seller's Agent
Collier Golden
RE/MAX Of Reading
Buyer's Agent
Collier Golden
RE/MAX Of Reading
List Price
$89,900
Sold Price
$100,000
Premium/Discount to List
$10,100
11.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,619
Avg. Annual Appreciation
7.05%
Purchase Details
Closed on
Mar 15, 1996
Bought by
Christy Sylvia L and Christy Lynn F
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cashing In Realty Llc | $100,000 | Conestoga Title Company | |
| Christy Sylvia L | $23,300 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2021 11/01/21 | Sold | $100,000 | 0.0% | -- |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 10/06/2021 10/06/21 | Off Market | $100,000 | -- | -- |
| 10/01/2021 10/01/21 | For Sale | $89,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,346 | $49,600 | $22,000 | $27,600 |
| 2024 | $2,202 | $49,600 | $22,000 | $27,600 |
| 2023 | $2,168 | $49,600 | $22,000 | $27,600 |
| 2022 | $2,168 | $49,600 | $22,000 | $27,600 |
| 2021 | $2,168 | $49,600 | $22,000 | $27,600 |
| 2020 | $2,146 | $49,600 | $22,000 | $27,600 |
| 2019 | $2,146 | $49,600 | $22,000 | $27,600 |
| 2018 | $2,146 | $49,600 | $22,000 | $27,600 |
| 2017 | $2,132 | $49,600 | $22,000 | $27,600 |
| 2016 | $1,218 | $49,600 | $22,000 | $27,600 |
| 2015 | $1,218 | $49,600 | $22,000 | $27,600 |
| 2014 | $1,121 | $49,600 | $22,000 | $27,600 |
Source: Public Records
Agents Affiliated with this Home
-
Collier Golden
Map
Source: Bright MLS
MLS Number: PABK2004862
APN: 03-5317-77-00-6171
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