Seller's Agent in 2018
James Ernst
Century 21 Gold
(610) 207-1996
5 in this area
223 Total Sales
1113 Spring St Reading, PA 19604
Northeast Reading NeighborhoodEstimated Value: $291,000
--
Bed
--
Bath
--
Sq Ft
3,049
Sq Ft Lot
Highlights
- 0.07 Acre Lot
- No HOA
- Forced Air Heating System
- Wood Flooring
- En-Suite Primary Bedroom
About This Home
As of February 2018Solid 2-unit property in Northeast Reading that includes an 8-space parking lot and is currently rented out adding $175 per month income. The first floor tenant currently pays $575/month and although the second floor is currently owner occupied, it can create approximately additional $700/month. Gross annual income not including second floor unit is $8400 per year. This unique property has tons of possibilities and tons of income potential. Public records list the address as 1111 Spring Street.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,059
Year Built
- Built in 1915
Lot Details
- 3,049 Sq Ft Lot
- Property is in good condition
Home Design
- Stone Foundation
- Pitched Roof
- Shingle Roof
Flooring
- Wood
- Vinyl
Parking
- 8 Open Parking Spaces
- Private Parking
- Rented or Permit Required
- Assigned Parking
Utilities
- Forced Air Heating System
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Additional Features
- En-Suite Primary Bedroom
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Lot 2779
- Assessor Parcel Number 13-5317-46-15-2779
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $1,186
- Insurance Expense $641
- Operating Expense $4,665
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2017
Closed on
Feb 27, 2018
Sold by
Edinger Justin L
Bought by
Perez Ismael Alexander Larenzo
Seller's Agent
James Ernst
Century 21 Gold
Buyer's Agent
James Ernst
Century 21 Gold
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,000
Avg. Annual Appreciation
17.70%
Original Mortgage
$86,827
Outstanding Balance
$74,627
Interest Rate
4.04%
Mortgage Type
VA
Estimated Equity
$208,373
Purchase Details
Closed on
Jul 14, 1994
Bought by
Edinger Justin L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Ismael Alexander Larenzo | $85,000 | -- | |
| Edinger Justin L | $54,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Ismael Alexander Larenzo | $86,827 | |
| Previous Owner | Edinger Justin L | $52,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2018 02/27/18 | Sold | $85,000 | -5.5% | -- |
| 01/17/2018 01/17/18 | Pending | -- | -- | -- |
| 08/14/2017 08/14/17 | For Sale | $89,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,300 | $47,900 | $22,100 | $25,800 |
| 2024 | $2,127 | $47,900 | $22,100 | $25,800 |
| 2023 | $2,094 | $47,900 | $22,100 | $25,800 |
| 2022 | $2,094 | $47,900 | $22,100 | $25,800 |
| 2021 | $2,094 | $47,900 | $22,100 | $25,800 |
| 2020 | $2,073 | $47,900 | $22,100 | $25,800 |
| 2019 | $2,073 | $47,900 | $22,100 | $25,800 |
| 2018 | $2,073 | $47,900 | $22,100 | $25,800 |
| 2017 | $2,059 | $47,900 | $22,100 | $25,800 |
| 2016 | $1,176 | $47,900 | $22,100 | $25,800 |
| 2015 | $1,176 | $47,900 | $22,100 | $25,800 |
| 2014 | $1,083 | $47,900 | $22,100 | $25,800 |
Source: Public Records
Agents Affiliated with this Home
-
James Ernst
Map
Source: Bright MLS
MLS Number: 1000258455
APN: 13-5317-46-15-2779
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