NOT LISTED FOR SALE

Estimated Value: $318,000 - $430,000

-- Bed
3 Baths
2,992 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 18, 2012

Last sale price $177,000 $59 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,052/month

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • En-Suite Primary Bedroom
  • Wood Siding

About This Home

As of June 2012

Great single apartment building in the heart of Wernersville! This fabulous investment opportunity is fully occupied and ready for you to start collecting rent. The first floor unit is quite large with a big eat-in kitchen and two big bedrooms. The second floor unit is two bedrooms. The third floor unit is a small two bedroom with updated kitchen. Most of the floors in the units are hardwood floors and have updated bathrooms. Each unit has its own private entrance and has its own separate heating unit, gas meter and electrical box. Owner only pays sewer, water and trash. The entire 2nd and 3rd floor has replacement windows. The 4th unit is a large pole building in the back. Great for storage and has a loft area for additional storage. Off street parking is available for every tenant. Don't miss this great investment opportunity!

Last Agent to Sell the Property

Heather Christie

(484) 332-0839 hchristie@homesale.com BHHS Homesale Realty- Reading Berks Listed on: 03/07/2012

BHHS Homesale Realty- Reading Berks

Co-Listed By

Mr. Troy Snyder

(610) 372-3200 tsnyder@homesale.com BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Donna Gross-Krufka

(610) 413-9888 dskpa@hotmail.com John Gross Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 1920

Lot Details

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

Parking

  • 4 Car Detached Garage
  • 5 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,992 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Less than 60 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7375
  • Assessor Parcel Number 90-4366-11-56-7375

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $120
  • Operating Expense $5,373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,053

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2992
  • Living Area Sq Ft: 2992
  • Price Per Sq Ft: 60.13
  • Above Grade Finished Sq Ft: 2992
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Brick
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 120.00
  • Electric Service: Less Than 60 Amp Service, 100 Amp Service, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 88100.00
  • Land Assessed Value: 21000.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Condition: Good
  • Zoning: MUL

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24600.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1585457
  • Tax Annual Amount: 4053.00
  • Assessor Parcel Number: 90-4366-11-56-7375
  • Tax Lot: 7375
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2012
Closed on
Jun 18, 2012
Sold by
Recalo Stefan and Recalo Hafia
Bought by
Fultz Troy L
Seller's Agent
Heather Christie
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Donna Gross-Krufka
John Gross Real Estate
List Price
$189,900
Sold Price
$177,000
Premium/Discount to List
-$12,900
-6.79%
Current Estimated Value
$361,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,980
Avg. Annual Appreciation
5.50%
Original Mortgage
$173,789
Outstanding Balance
$119,989
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$241,991

Purchase Details

Closed on
Mar 31, 2005
Sold by
Dibiase Romualdo and Dibiase Maria
Bought by
Recalo Stefan and Recalo Hafia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Fultz Troy L $177,000 None Available
Recalo Stefan $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fultz Troy L $173,789
Previous Owner Recalo Stefan $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2012 06/18/12 Sold $177,000 -6.8% $59 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $189,900 -- $63 / 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 $1,780 $109,100 $21,000 $88,100
2024 $5,241 $109,100 $21,000 $88,100
2023 $4,717 $109,100 $21,000 $88,100
2022 $4,979 $109,100 $21,000 $88,100
2021 $4,897 $109,100 $21,000 $88,100
2020 $4,790 $109,100 $21,000 $88,100
2019 $4,704 $109,100 $21,000 $88,100
2018 $4,610 $109,100 $21,000 $88,100
2017 $4,430 $109,100 $21,000 $88,100
2016 $1,440 $109,100 $21,000 $88,100
2015 $1,440 $109,100 $21,000 $88,100
2014 $1,440 $109,100 $21,000 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003872272

Bright MLS

APN: 90-4366-11-56-7375