NOT LISTED FOR SALE

1040 Lancaster Ave Reading, PA 19607

Wyomissing Area

Estimated Value: $193,418 - $432,000

Studio
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: April 14, 2017

Last sale price $100,000

Est. 177% increase in value since last sale

Current estimated payment $1,740 / mo

93 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of April 2017

Three unit building . Two apartments rented out at $700 and $500 tenant pays heat and electric and gas . Store front vacant estimate rent ($500). Corner property .Nice Corner property with 2 apartments and a store front .

Last Agent to Sell the Property

Danny Minotto

(610) 373-8701 info@boldpa.com Bold Realty Listed on: 12/27/2016

Bold Realty

Last Buyer's Agent

Ron Flowers

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing

Keller Williams Platinum Realty - Wyomissing

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Parking

  • 3 Open Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Flooring

  • Wall to Wall Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Reading Senior High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $3,934

Listing and Financial Details

  • Tax Lot 4263
  • Assessor Parcel Number 18-5306-18-32-4263

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 24500.00
  • Land Assessed Value: 67000.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1464000
  • Tax Annual Amount: 3934.00
  • Assessor Parcel Number: 18-5306-18-32-4263
  • Tax Lot: 4263
  • Tax Year: 2017

MLS Schools

  • School District Name: READING

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

Closed on
Apr 18, 2022
Sold by
Bought by
Current Estimated Value
$277,473

Purchase Details

Listed on
Dec 27, 2016
Closed on
Apr 14, 2017
Sold by
Bought by
Seller's Agent
Danny Minotto
Bold Realty
Buyer's Agent
Ron Flowers
Keller Williams Platinum Realty - Wyomissing
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Reading, PA

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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
$150,000 None Listed On Document
$100,000 None Available
$145,000 None Available
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
04/14/2017 04/14/17 Sold $100,000 0.0% --
04/01/2017 04/01/17 Off Market $100,000 -- --
12/27/2016 12/27/16 For Sale $100,000 -- --
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 $2,583 $91,500 $67,000 $24,500
2025 $2,483 $91,500 $67,000 $24,500
2024 $4,063 $91,500 $67,000 $24,500
2023 $4,000 $91,500 $67,000 $24,500
2022 $4,000 $91,500 $67,000 $24,500
2021 $4,000 $91,500 $67,000 $24,500
2020 $3,960 $91,500 $67,000 $24,500
2019 $3,960 $91,500 $67,000 $24,500
2018 $3,960 $91,500 $67,000 $24,500
2017 $3,934 $91,500 $67,000 $24,500
2016 $2,247 $91,500 $67,000 $24,500
2015 $2,247 $91,500 $67,000 $24,500
2014 $2,068 $91,500 $67,000 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003331573

Bright MLS

APN: 18-5306-18-32-4263

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