NOT LISTED FOR SALE

1018 N 5th St Reading, PA 19601

Estimated Value: $189,304 - $227,000

-- Bed
1 Bath
2,052 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $155,000 $76 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,280/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Property is in excellent condition
  • Hot Water Baseboard Heater
  • Wood Flooring

About This Home

As of July 2022

This 2 unit is located in the Center Park Historic District. It has been well maintained by the owners. The first floor is a one bedroom unit and is occupied by a long term tenant. The second floor is fully rehabed and is currently vacant. There is a rubber roof, new replacement windows and updated kitchen and bath.

Last Agent to Sell the Property

Glenda DeLillo

Coldwell Banker Realty License #RS144950A Listed on: 06/14/2022

Coldwell Banker Realty

Last Buyer's Agent

Jose Manzueta

Iron Valley Real Estate of Berks

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1925

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Rubber Roof

Interior Spaces

  • 2,052 Sq Ft Home
  • Wood Flooring
  • Basement
  • Exterior Basement Entry

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for gas, heater maintenance contract, insurance, pest control, sewer, water, trash collection, real estate taxes
  • Tax Lot 7858
  • Assessor Parcel Number 14-5307-51-75-7858

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Operating Expense $4,033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,417

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property.
  • Historic: No
  • Home Warranty: No
  • Inclusions: 2 Stoves and 2 refrigerators
  • New Construction: No
  • Expected On Market: 2022-06-14
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This 2 unit is located in the Center Park Historic District. It has been well maintained by the owners. The first floor is a one bedroom unit and is occupied by a long term tenant. The second floor is fully rehabed and is currently vacant. There is a rubber roof, new replacement windows and updated kitchen and bath.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2052
  • Living Area Sq Ft: 2052
  • Price Per Sq Ft: 73.10
  • Above Grade Finished Sq Ft: 2052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1018

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • Spa: No
  • 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
  • Monthly Average Electric: 68
  • Previous Twelve Months Electric Expense: 816.00
  • Gas Avg Month: 90.00
  • Gas Prev12 Months: 1080.00
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Electric Available
  • Monthly Water Average: 55
  • Water Previous Twelve Months: 660.00
  • Water Source: Public
  • Municipal Trash: Yes

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45700.00
  • Land Assessed Value: 9600.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Gas, Heater Maintenance Contract, Insurance, Pest Control, Sewer, Water, Trash Collection, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454045
  • School Tax: 992.00
  • Tax Annual Amount: 2417.00
  • Assessor Parcel Number: 14-5307-51-75-7858
  • Tax Lot: 7858
  • Tax Total Finished Sq Ft: 2052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/15/2022

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 8700.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4032.77
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 15, 2022
Sold by
Breitenbach Jr William H and Breitenbach Pamela L
Bought by
M3-2 Realty Llc
Seller's Agent
Glenda DeLillo
Coldwell Banker Realty
Buyer's Agent
Jose Manzueta
Iron Valley Real Estate of Berks
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Total Days on Market
1
Current Estimated Value
$206,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,826
Avg. Annual Appreciation
10.35%
Original Mortgage
$236,000
Outstanding Balance
$182,547
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$24,279

Purchase Details

Closed on
May 22, 2002
Sold by
Howell Jeffrey J
Bought by
Breitenbach William H and Breitenbach Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.36%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
M3-2 Realty Llc $155,000 Stewart Abstract Of Berks Coun
Breitenbach William H $40,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M3-2 Realty Llc $236,000
Previous Owner Breitenbach William H $67,615
Previous Owner Breitenbach William H $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $155,000 0.0% $76 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/16/2022 06/16/22 Off Market $155,000 -- --
06/14/2022 06/14/22 For Sale $150,000 -- $73 / Sq Ft
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 $1,501 $55,300 $9,600 $45,700
2024 $2,456 $55,300 $9,600 $45,700
2023 $2,417 $55,300 $9,600 $45,700
2022 $2,417 $55,300 $9,600 $45,700
2021 $2,417 $55,300 $9,600 $45,700
2020 $2,393 $55,300 $9,600 $45,700
2019 $2,393 $55,300 $9,600 $45,700
2018 $2,393 $55,300 $9,600 $45,700
2017 $2,377 $55,300 $9,600 $45,700
2016 $1,358 $55,300 $9,600 $45,700
2015 $1,358 $55,300 $9,600 $45,700
2014 $1,250 $55,300 $9,600 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2017246

Bright MLS

APN: 14-5307-51-75-7858