NOT LISTED FOR SALE
Studio
2 Baths
1,836 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: April 1, 2019

Last sale price $85,000 $46 Per Sq Ft

26 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Eat-In Galley Kitchen
  • 1 Fireplace
  • No HOA
  • 2-minute walk to Eleventh and Pike Playground

About This Home

As of April 2019

A well maintained 2 Unit with separate entrances for each unit. First Floor has non-functioning fireplace, bamboo floor in bedroom & living room. Large eat-in kitchen. Second floor has Separate entrance off rear of building with a nice deck, cozy kitchen, Ceramic tile dining area, spacious living room & bedroom, both with bamboo flooring. The 2nd bedroom is on the third floor & has wall to wall carpeting & a nice size closet. Tenants pay electric (Heat, Water Heater & Cooking are all electric). Exterior is virtually maintenance free & no grass to mow.

Last Agent to Sell the Property

Eric Musser

(610) 371-9207 office@lamaisonrealestate.com La Maison Real Estate Inc Listed on: 02/17/2019

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1892

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 1,836 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Open Floorplan

Kitchen

  • Eat-In Galley Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Thirteenth And Union Elementary School
  • Northeast Middle School
  • Reading Senior High School

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, insurance, management, sewer, snow removal, water, real estate taxes
  • Tax Lot 8965
  • Assessor Parcel Number 17-5317-29-07-8965

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Northeast Reading Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $720
  • Maintenance Expense $1,000
  • Manager Expense $1,620
  • Trash Expense $546
  • Operating Expense $6,309
  • Gross Income $16,800
  • Net Operating Income $10,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,904

Year Built

Built in 1892

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional, Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal
  • Historic: No
  • Home Warranty: No
  • Inclusions: Two Refrigerators, Two Stoves.
  • New Construction: No
  • Expected On Market: 2019-02-18
  • Year Built: 1892
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Eat-In, Kitchen - Galley
  • Fireplaces Count: 1
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Rear Entrance, Unfinished
  • Total Sq Ft: 1836
  • Living Area Sq Ft: 1836
  • Price Per Sq Ft: 50.60
  • Above Grade Finished Sq Ft: 1836
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Composite, 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 540.00
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Previous Twelve Months: 1620.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1620.00
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: THIRTEENTH AND UNION
  • High School: READING SENIOR
  • Middle Or Junior School: NORTHEAST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29000.00
  • Land Assessed Value: 15000.00
  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Zoning: R-3 RESIDENTIAL DISTRICT

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Advertising/Licenses And Permits, Insurance, Management, Sewer, Snow Removal, Water, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 16800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1461973
  • School Tax: 789.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1904.00
  • Assessor Parcel Number: 17-5317-29-07-8965
  • Tax Lot: 8965
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

Multi Family

  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6309.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

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

Listed on
Feb 17, 2019
Closed on
Apr 1, 2019
Sold by
Bought by
Seller's Agent
Eric Musser
La Maison Real Estate Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
0.043%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
0.0583%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$85,000 First Amer Abstract Wyomissi
$68,900 None Available
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
Closed $85,000
Previous Owner $62,000
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
04/01/2019 04/01/19 Sold $85,000 0.0% $46 / Sq Ft
02/17/2019 02/17/19 Off Market $85,000 -- --
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 $1,242 $44,000 $15,000 $29,000
2025 $1,194 $44,000 $15,000 $29,000
2024 $1,954 $44,000 $15,000 $29,000
2023 $1,924 $44,000 $15,000 $29,000
2022 $1,924 $44,000 $15,000 $29,000
2021 $1,924 $44,000 $15,000 $29,000
2020 $1,904 $44,000 $15,000 $29,000
2019 $1,904 $44,000 $15,000 $29,000
2018 $1,904 $44,000 $15,000 $29,000
2017 $1,892 $44,000 $15,000 $29,000
2016 $1,081 $44,000 $15,000 $29,000
2015 $1,081 $44,000 $15,000 $29,000
2014 $994 $44,000 $15,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK248288

Bright MLS

APN: 5317-29-07-8965

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