NOT LISTED FOR SALE

Estimated Value: $201,650

-- Bed
-- Bath
-- Sq Ft
1,307 Sq Ft Lot

Last Sold July 25, 2016

Last sale price $44,500

Est. 353% increase in value since last sale

Current estimated payment $1,180/month

91 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 1-minute walk to City Park

About This Home

As of July 2016

Well maintained Triplex in Reading Borough. (Two units are zones residential and one is zoned commercial). First floor features 2BR/1BA unit, upper floors have a 2BR/2BA unit and a 1BR unit. Separate Electric. Tenants pay electric, heat and hot water. Landlord pays water and sewer. Property is easy to show, call today to set up a personal tour!

Last Agent to Sell the Property

Dino D'Orazio

(610) 724-8866 dino@dsteam.com Keller Williams Real Estate-Blue Bell Listed on: 03/28/2016

Keller Williams Real Estate-Blue Bell

Co-Listed By

Kevin Sherlinski

(215) 694-3439 ksherlinski@kw.com Keller Williams Real Estate-Blue Bell

Last Buyer's Agent

Karl Becker

(484) 256-5882 karl.becker@cbhomes.com Coldwell Banker Realty License #RS191894L

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stone Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,285

Listing and Financial Details

  • Tax Lot 0932
  • Assessor Parcel Number 08-5317-77-10-0932

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Stone
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 45000.00
  • Land Assessed Value: 8800.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18600.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1446018
  • Tax Annual Amount: 2285.00
  • Assessor Parcel Number: 08-5317-77-10-0932
  • Tax Lot: 0932
  • Tax Year: 2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2023
Sold by
M3-4 Realty Llc
Bought by
Mg9 Llc
Current Estimated Value
$201,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$256,845
Interest Rate
6.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2022
Sold by
North 10Th St Llc
Bought by
M3-4 Realty Llc

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jul 22, 2016
Sold by
Reading Investments Llc
Bought by
North 10Th Street Llc
Seller's Agent
Dino D'Orazio
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Karl Becker
Coldwell Banker Realty
List Price
$75,000
Sold Price
$44,500
Premium/Discount to List
-$30,500
-40.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,150
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2010
Sold by
Federal National Mortgage Association
Bought by
Reading Investments Llc

Purchase Details

Closed on
Jun 24, 2010
Sold by
Guerrero Hector A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
Guerrero Hector A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2007
Sold by
Hemenway Ronald E
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jul 19, 2005
Sold by
Wegman Gary S
Bought by
Hemenway Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.5%
Mortgage Type
Commercial
Source: Public Records

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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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
Mg9 Llc -- Stewart Title
M3-4 Realty Llc $179,000 Stewart Title
North 10Th Street Llc $44,500 None Available
Reading Investments Llc $39,100 None Available
Federal National Mortgage Association $1,900 None Available
Guerrero Hector A $92,500 None Available
Jp Morgan Chase Bank Na $1,800 None Available
Hemenway Ronald E $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mg9 Llc $300,000
Previous Owner North 10Th Street Llc $31,150
Previous Owner Guerrero Hector A $92,500
Previous Owner Hemenway Ronald E $15,300
Previous Owner Hemenway Ronald E $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $44,500 -40.7% --
06/27/2016 06/27/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $75,000 -- --
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 $1,460 $53,800 $8,800 $45,000
2024 $2,389 $53,800 $8,800 $45,000
2023 $2,352 $53,800 $8,800 $45,000
2022 $2,352 $53,800 $8,800 $45,000
2021 $2,352 $53,800 $8,800 $45,000
2020 $2,328 $53,800 $8,800 $45,000
2019 $2,328 $53,800 $8,800 $45,000
2018 $2,328 $53,800 $8,800 $45,000
2017 $2,313 $53,800 $8,800 $45,000
2016 $1,321 $53,800 $8,800 $45,000
2015 $1,321 $53,800 $8,800 $45,000
2014 $1,216 $53,800 $8,800 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003892613

Bright MLS

APN: 08-5317-77-10-0932