Sheldon Zimmerman
Peak Asset Realty
(223) 216-2011
212 Total Sales
3 in Penn's Common
$60K - $270K Price Range
1012 Penn St Reading, PA 19602
Penn's Common Neighborhood
Studio
2
Baths
2,950
Sq Ft
2,178
Sq Ft Lot
Highlights
- Traditional Architecture
- Hot Water Heating System
- Property is in excellent condition
About This Home
As of August 2023Concrete and Brick building with a rear yard! Both apartments are spacious, offer great light with lots of windows, updated flooring, are in good condition, and are generous in size. The building has an updated roof, windows, porch, and HVAC unit. Unit 1 (1 BR) has a new qualified tenant with a lease starting 3/1/2023 - $850/month rent + tenant pays electric/internet/cable. Unit 2 (3 BR) has a long-term (9-year) tenant paying $850 + tenant pays electric/internet/cable/gas month to month. (The current market value for the 3-bedroom unit is $1,400). The long-term tenant would like to continue staying as a tenant with new owners. Please allow 48 hours advance notice for tours to allow the owner to notify tenants. The owner is selling "AS IS" new owners will be responsible for ANY and ALL repairs and/or city requirements. Owner currently pays: taxes, water, sewer/trash, and hallway electricity.
Last Agent to Sell the Property
(610) 398-9888 glen.paisley@foxroach.com BHHS Fox & Roach-Allentown License #RS325467 Listed on: 02/15/2023
Last Buyer's Agent
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,797
Year Built
- Built in 1915
Lot Details
- 2,178 Sq Ft Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,950 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Amanda E. Stout Elementary School
- Southern Middle School
- Reading Senior High School
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for sewer, water, trash collection
- Tax Lot 7009
- Assessor Parcel Number 03-5317-77-00-7009
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
- Net Operating Income $13,675
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2023
Closed on
Aug 17, 2023
Sold by
Pena Family Holdings Llc
Bought by
Seller's Agent
Marissa Burkholder
BHHS Fox & Roach-Allentown
Buyer's Agent
John Gantkowski
Iron Valley Real Estate of Berks
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Views
705
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$137,967
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 27, 2019
Closed on
Feb 5, 2020
Sold by
Rosario Daniel
Bought by
Pena Family Holdings Llc
Seller's Agent
JOSE VAZQUEZ
Light House Realtors, LLC
Buyer's Agent
Kimberly Bonenfant
United Real Estate Strive 212
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%
Original Mortgage
$71,250
Interest Rate
3.74%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 12, 1998
Bought by
Rosario Daniel and Reyes Iris
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Penn's Common, PA
-
Sheldon Zimmerman
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
269 Total Sales
2 in Penn's Common
$162K - $185K Price Range
-
Keave Andrew Slomine
Keave Andrew Slomine
Responds QuicklyNew Republic Realty
(484) 806-8811
95 Total Sales
1 in Penn's Common
$150,000 Price
-
Ash Freese
Ash Freese
Amo Realty
(610) 463-0487
67 Total Sales
1 in Penn's Common
$290,000 Price
-
Todd Sell
Todd Sell
Pagoda Realty ERA Powered
(484) 772-2844
151 Total Sales
2 in Penn's Common
$165K - $205K Price Range
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
3 in Penn's Common
$65K - $225K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $190,000 | None Listed On Document | ||
| Pena Family Holdings Llc | $95,000 | Sentry Abstract Co | |
| Rosario Daniel | $38,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $142,500 | ||
| Previous Owner | Pena Family Holdings Llc | $71,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/17/2023 08/17/23 | Sold | $190,000 | -5.0% | $64 / Sq Ft | |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | Price Changed | $200,000 | -14.9% | $68 / Sq Ft | |
| 06/28/2023 06/28/23 | Price Changed | $235,000 | -2.1% | $80 / Sq Ft | |
| 05/09/2023 05/09/23 | Price Changed | $240,000 | -2.0% | $81 / Sq Ft | |
| 03/28/2023 03/28/23 | Price Changed | $245,000 | -2.0% | $83 / Sq Ft | |
| 02/19/2023 02/19/23 | Price Changed | $250,000 | +16.3% | $85 / Sq Ft | |
| 02/15/2023 02/15/23 | For Sale | $215,000 | +126.3% | $73 / Sq Ft | |
| 02/05/2020 02/05/20 | Sold | $95,000 | -20.8% | $32 / Sq Ft | View Prior Sale |
| 12/31/2019 12/31/19 | Pending | -- | -- | -- | |
| 12/27/2019 12/27/19 | For Sale | $119,900 | -- | $41 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,160 | $41,100 | $8,800 | $32,300 |
| 2025 | $1,116 | $41,100 | $8,800 | $32,300 |
| 2024 | $1,825 | $41,100 | $8,800 | $32,300 |
| 2023 | $1,797 | $41,100 | $8,800 | $32,300 |
| 2022 | $1,797 | $41,100 | $8,800 | $32,300 |
| 2021 | $1,797 | $41,100 | $8,800 | $32,300 |
| 2020 | $1,779 | $41,100 | $8,800 | $32,300 |
| 2019 | $1,779 | $41,100 | $8,800 | $32,300 |
| 2018 | $1,779 | $41,100 | $8,800 | $32,300 |
| 2017 | $1,767 | $41,100 | $8,800 | $32,300 |
| 2016 | $1,009 | $41,100 | $8,800 | $32,300 |
| 2015 | $1,009 | $41,100 | $8,800 | $32,300 |
| 2014 | $929 | $41,100 | $8,800 | $32,300 |
Source: Public Records
Agents Affiliated with this Home
-
Marissa Burkholder
Seller's Agent in 2023
Marissa Burkholder
BHHS Fox & Roach
(484) 553-3073
1 in this area
118 Total Sales
-
John Gantkowski
Buyer's Agent in 2023
John Gantkowski
Iron Valley Real Estate of Berks
(610) 780-3024
2 in this area
289 Total Sales
-
JOSE VAZQUEZ
Seller's Agent in 2020
JOSE VAZQUEZ
Light House Realtors, LLC
(484) 450-8771
2 in this area
37 Total Sales
-
Kimberly Bonenfant
Buyer's Agent in 2020
Kimberly Bonenfant
United Real Estate Strive 212
(610) 372-0212
35 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2025616
APN: 5317-77-00-7009
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Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Copyright 2026 Bright MLS, Inc.
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