Seller's Agent in 2018
James Ernst
Century 21 Gold
(610) 207-1996
5 in this area
219 Total Sales
1113 Spring St Reading, PA 19604
Northeast Reading NeighborhoodEstimated Value: $303,000
--
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.
Last Agent to Sell the Property
(610) 207-1996 jernst@c21gold.com Century 21 Gold License #AB066836 Listed on: 08/14/2017
Last Buyer's Agent
(610) 207-1996 jernst@c21gold.com Century 21 Gold License #AB066836 Listed on: 08/14/2017
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
$218,000
Avg. Annual Appreciation
18.26%
Original Mortgage
$86,827
Interest Rate
4.04%
Mortgage Type
VA
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 |
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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