$180,000
SOLD JUL 6, 2020

102 N Wyomissing Ave Reading, PA 19607

-- Bed
-- Bath
1,388 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

14% Below List Price

7 Days on Market

Highlights

  • Additional Residence on Property
  • No HOA
  • Oversized Parking
  • Colonial Architecture
  • 2 Car Detached Garage
  • Side Yard

About This Home

As of July 2020

Investor Alert! Two unit investment property in Shillington , with an oversized detached garage for extra income. All tenants would like to stay at the property and have leases. The main house has three bedrooms and one and a half baths. The back house has two bedrooms and one full bath. The owner converted to gas heat in 2017, has gas stoves, and electric hot water. The interior of the main house was painted 2019. The front tenants has lived at the property for 2 years and the rear for 4 and they absolutely love it with no intentions of moving. At the moment the main house rents the garage for a reduced rate. Make your appointment today!

Last Agent to Sell the Property

Wendy McCooey

RE/MAX Of Reading License #RS291054 Listed on: 05/11/2020

RE/MAX Of Reading

Last Buyer's Agent

Wendy McCooey

RE/MAX Of Reading License #RS291054 Listed on: 05/11/2020

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Side Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,388 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Homes

  • Additional Residence on Property

Schools

  • Gov Mifflin High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, real estate taxes
  • Assessor Parcel Number 77-4395-07-59-5396

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Other Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,084

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Historic: No
  • New Construction: No
  • Other Expense: 1500.00
  • Year Built: 1925
  • Remarks Public: Investor Alert! Two unit investment property in Shillington , with an oversized detached garage for extra income. All tenants would like to stay at the property and have leases. The main house has three bedrooms and one and a half baths. The back house has two bedrooms and one full bath. The owner converted to gas heat in 2017, has gas stoves, and electric hot water. The interior of the main house was painted 2019. The front tenants has lived at the property for 2 years and the rear for 4 and they absolutely love it with no intentions of moving. At the moment the main house rents the garage for a reduced rate. Make your appointment today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1388
  • Living Area Sq Ft: 1388
  • Price Per Sq Ft: 144.02
  • Above Grade Finished Sq Ft: 1388
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 102

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Construction Materials: Frame, Masonry
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: GOVERNOR MIFFLIN
  • High School: GOV MIFFLIN
  • High School Source: Listing Agent
  • School District Key: 300200397317
  • School District Source: Listing Agent
  • High School: GOV MIFFLIN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 33800.00
  • Lot Features: Sideyard(s)
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Repairs, Sewer, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1563364
  • Tax Annual Amount: 4084.00
  • Assessor Parcel Number: 77-4395-07-59-5396
  • Tax Year: 2019
  • Close Date: 07/06/2020

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jul 6, 2020
Sold by
Hyduke Nicholas
Bought by
Aartik Properties Llc
Seller's Agent
Wendy McCooey
RE/MAX Of Reading
Buyer's Agent
Wendy McCooey
RE/MAX Of Reading
List Price
$210,444
Sold Price
$180,000
Premium/Discount to List
-$30,444
-14.47%
Current Estimated Value
$263,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,344
Avg. Annual Appreciation
7.91%
Original Mortgage
$100,000
Outstanding Balance
$89,808
Interest Rate
3.2%
Mortgage Type
Stand Alone Second
Estimated Equity
$174,731

Purchase Details

Listed on
Nov 8, 2016
Closed on
Jan 17, 2017
Sold by
Pfahl Karl R and Pfahl Diane C
Bought by
Hyduke Nicholas
Seller's Agent
Anthony Borelli
Century 21 Gold
Buyer's Agent
Wendy McCooey
RE/MAX Of Reading
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$151,098
Interest Rate
4.12%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $180,000 Stewart Abstract
Deed $165,000 Signature Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Stand Alone Second
Previous Owner $151,098 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $180,000 0.0% $130 / Sq Ft
05/30/2020 05/30/20 Off Market $180,000 -- --
05/23/2020 05/23/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $199,900 -5.0% $144 / Sq Ft
05/15/2020 05/15/20 For Sale $210,444 +16.9% $152 / Sq Ft
05/11/2020 05/11/20 Off Market $180,000 -- --
01/17/2017 01/17/17 Sold $165,000 +3.2% $119 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $159,900 -- $115 / 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 $1,520 $94,100 $33,800 $60,300
2024 $4,290 $94,100 $33,800 $60,300
2023 $4,178 $94,100 $33,800 $60,300
2022 $4,131 $94,100 $33,800 $60,300
2021 $4,084 $94,100 $33,800 $60,300
2020 $4,084 $94,100 $33,800 $60,300
2019 $4,037 $94,100 $33,800 $60,300
2018 $3,990 $94,100 $33,800 $60,300
2017 $3,916 $94,100 $33,800 $60,300
2016 $1,338 $94,100 $33,800 $60,300
2015 $1,338 $94,100 $33,800 $60,300
2014 $1,223 $94,100 $33,800 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK357336

Bright MLS

APN: 77-4395-07-59-5396