$98,000
SOLD JAN 17, 2024

1050 N 4th St Reading, PA 19601

5 Beds
1 Bath
1,558 Sq Ft
1,306 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

30% Below List Price

16 Days on Market

Highlights

  • Traditional Floor Plan
  • No HOA
  • Living Room
  • Straight Thru Architecture
  • Eat-In Kitchen
  • Dining Room

About This Home

As of July 2024

Welcome to this 5-Bedroom 1-Bath home located in Reading's Centre Park Historical District. Investors opportunity to finish remodeling and either flip or add to your portfolio. Or if you are home buyer looking for a home to renovate to match your imagination and maybe using a 203k renovation loan then this might be the perfect opportunity for you. Upon entry, living room leads to dining room and back to kitchen. Walkout the back to a yard in the rear of house. Three bedrooms on the 2nd floor and two more on the 3rd all offering comfortable living spaces and plenty of natural light. Three levels of living space plus a basement equipped with a water heater and a gas boiler, ensuring efficient heating and hot water supply, and plenty of room for storage. This home is close to a variety of amenities, including shops, restaurants, schools, and parks. It's a fantastic opportunity for the right buyer. Seller is selling As-Is and cannot do any repairs. Buyer responsible for U&O and any repairs required.

Last Agent to Sell the Property

Rich Sosa

(610) 781-5629 RichSosaRealtor@gmail.com Iron Valley Real Estate of Berks License #RS332023 Listed on: 12/11/2023

Iron Valley Real Estate of Berks

Last Buyer's Agent

Jose Espinal Gil

(610) 816-3873 joseespinalgil@gmail.com Realty One Group Alliance License #RS360737

Realty One Group Alliance

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1908

Lot Details

  • 1,306 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,558 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Laundry in Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2125
  • Assessor Parcel Number 14-5307-50-76-2125

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,941

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1908
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Bedroom 1, Full Bath
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level, Walkout Stairs
  • Laundry Type: Basement, Hookup
  • Total Sq Ft: 1558
  • Living Area Sq Ft: 1558
  • Price Per Sq Ft: 89.86
  • Above Grade Finished Sq Ft: 1558
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1050

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Flat
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 117R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: RESID

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 796.00
  • Tax Annual Amount: 1941.00
  • Assessor Parcel Number: 14-5307-50-76-2125
  • Tax Lot: 2125
  • Tax Total Finished Sq Ft: 1558
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/17/2024

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2024
Closed on
Jul 19, 2024
Sold by
New Beginnings Llc and New Beginnigs Llc
Bought by
Santos Audis A Garcia
Seller's Agent
Jose Espinal Gil
Realty One Group Alliance
Buyer's Agent
Jose Espinal Gil
Realty One Group Alliance
List Price
$194,900
Sold Price
$200,000
Premium/Discount to List
$5,100
2.62%
Views
101
Current Estimated Value
$205,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,353
Avg. Annual Appreciation
2.21%
Original Mortgage
$10,000
Outstanding Balance
$9,889
Interest Rate
6.95%
Estimated Equity
$195,464

Purchase Details

Listed on
Dec 11, 2023
Closed on
Jan 17, 2024
Sold by
Colon-Gonzalez Nora
Bought by
New Beginnigs Llc
Seller's Agent
Rich Sosa
Iron Valley Real Estate of Berks
Buyer's Agent
Jose Espinal Gil
Realty One Group Alliance
List Price
$140,000
Sold Price
$98,000
Premium/Discount to List
-$42,000
-30%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
328.80%
Original Mortgage
$113,400
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Bought by
Gonzalez Nora Colon-
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $200,000 Keystone Title
Deed $98,000 Title Services
Deed $55,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 No Value Available
Open $196,377 FHA
Previous Owner $113,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $200,000 +2.6% $128 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/09/2024 05/09/24 Off Market $194,900 -- --
03/31/2024 03/31/24 Pending -- -- --
03/24/2024 03/24/24 For Sale $194,900 +98.9% $125 / Sq Ft
01/17/2024 01/17/24 Sold $98,000 -30.0% $63 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $140,000 -- $90 / 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 $1,205 $44,400 $9,000 $35,400
2024 $1,972 $44,400 $9,000 $35,400
2023 $1,941 $44,400 $9,000 $35,400
2022 $1,941 $44,400 $9,000 $35,400
2021 $1,941 $44,400 $9,000 $35,400
2020 $1,921 $44,400 $9,000 $35,400
2019 $1,921 $44,400 $9,000 $35,400
2018 $1,921 $44,400 $9,000 $35,400
2017 $1,909 $44,400 $9,000 $35,400
2016 $1,090 $44,400 $9,000 $35,400
2015 $1,090 $44,400 $9,000 $35,400
2014 $1,003 $44,400 $9,000 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2037594

Bright MLS

APN: 14-5307-50-76-2125