NOT LISTED FOR SALE

Estimated Value: $190,000 - $275,000

-- Bed
2 Baths
1,482 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $170,000 $115 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,438/month

22 Days on Market

Highlights

  • 0.06 Acre Lot
  • No HOA
  • 4-minute walk to Eleventh and Pike Playground
  • Traditional Architecture
  • Hot Water Heating System

About This Home

As of June 2021

Nice brick 2 unit close to the college. Each unit has 3 bedrooms and has updated kitchens within the last 2 or 3 years. Live in one and let the 2nd unit pay your mortgage or buy as a valuable investment property.

Last Listed By

Trent Stauffer

Bold Realty Listed on: 04/11/2021

Bold Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,482 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, gas
  • Tax Lot 3431
  • Assessor Parcel Number 17-5317-22-19-3431

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $556
  • Manager Expense $1,436
  • Gross Income $22,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,767

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-04-16
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Nice brick 2 unit close to the college. Each unit has 3 bedrooms and has updated kitchens within the last 2 or 3 years. Live in one and let the 2nd unit pay your mortgage or buy as a valuable investment property.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1482
  • Living Area Sq Ft: 1482
  • Price Per Sq Ft: 111.34
  • Above Grade Finished Sq Ft: 1482
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1118

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Gas Avg Month: 128.00
  • Gas Prev12 Months: 1536.00
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Pest Control Expense: 300.00
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv
  • Monthly Water Average: 166
  • Water Previous Twelve Months: 1992.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1436.00

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 47100.00
  • Land Assessed Value: 16200.00
  • Land Use Code: 161
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer, Trash Collection, Gas
  • Rent Control: No
  • Total Actual Rent: 22320.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1461562
  • School Tax: 1135.00
  • Tax Annual Amount: 2767.00
  • Assessor Parcel Number: 17-5317-22-19-3431
  • Tax Lot: 3431
  • Tax Total Finished Sq Ft: 1482
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/18/2021

Multi Family

  • Gross Income: 22320.00
  • Gross Scheduled Income: 22320.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2021
Closed on
Jun 23, 2021
Sold by
Rose Douglas R
Bought by
Deramos Dilcia Ramirez
Seller's Agent
Trent Stauffer
Bold Realty
Buyer's Agent
Marjorie DeJesus
Coldwell Banker Realty
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Total Days on Market
22
Current Estimated Value
$233,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,441
Avg. Annual Appreciation
8.83%
Original Mortgage
$166,920
Outstanding Balance
$153,212
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$83,064

Purchase Details

Closed on
Dec 11, 2003
Sold by
Snyder Clyde R and Snyder Carol A
Bought by
Rose Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Deramos Dilcia Ramirez $170,000 Title Services
Rose Douglas R $74,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deramos Dilcia Ramirez $166,920
Previous Owner Rose Douglas R $525,000
Previous Owner Rose Douglas R $66,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $170,000 +3.0% $115 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $165,000 -2.9% $111 / Sq Ft
04/12/2021 04/12/21 Off Market $170,000 -- --
04/11/2021 04/11/21 For Sale $165,000 -- $111 / 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 $1,718 $63,300 $16,200 $47,100
2024 $2,811 $63,300 $16,200 $47,100
2023 $2,767 $63,300 $16,200 $47,100
2022 $2,767 $63,300 $16,200 $47,100
2021 $2,767 $63,300 $16,200 $47,100
2020 $2,739 $63,300 $16,200 $47,100
2019 $2,739 $63,300 $16,200 $47,100
2018 $2,739 $63,300 $16,200 $47,100
2017 $2,721 $63,300 $16,200 $47,100
2016 $1,555 $63,300 $16,200 $47,100
2015 $1,555 $63,300 $16,200 $47,100
2014 $1,431 $63,300 $16,200 $47,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK375762

Bright MLS

APN: 17-5317-22-19-3431