NOT LISTED FOR SALE

1127 Franklin St Reading, PA 19602

Penn's Common Neighborhood

Estimated Value: $122,654 - $154,000

4 Beds
1 Bath
1,428 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $20,000 $14 Per Sq Ft

Est. 580% increase in value since last sale

Current estimated payment $818/month

508 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Attic
  • Porch
  • 5-minute walk to City Park

About This Home

As of March 2016

This currently occupied property includes a large kitchen with lots of storage, as well as a breakfast bar, and a fenced-in backyard. Long term tenant pays monthly rent of $550 plus all utilities. Offered as part of a professionally-managed six house portfolio, which is currently being managed by Destination Realty, LLC. Management can continue as is or be transitioned based on the needs of your buyer. Our mgt. terms are 10 percent of all collected fees plus first months rent for new tenants; please ask your agent for more details.

Last Agent to Sell the Property

Sean Moretti

Destination Realty LLC Listed on: 09/30/2014

Last Buyer's Agent

Mark Mease

Coldwell Banker Realty License #RS327068

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 1,742 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3689
  • Assessor Parcel Number 03-5316-22-19-3689

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: This currently occupied property includes a large kitchen with lots of storage, as well as a breakfast bar, and a fenced-in backyard. Long term tenant pays monthly rent of $550 plus all utilities. Offered as part of a professionally-managed six house portfolio, which is currently being managed by Destination Realty, LLC. Management can continue as is or be transitioned based on the needs of your buyer. Our mgt. terms are 10 percent of all collected fees plus first months rent for new tenants; please ask your agent for more details.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1428
  • Living Area Sq Ft: 1428
  • Net Sq Ft: 1428.00
  • Price Per Sq Ft: 16.11
  • Above Grade Finished Sq Ft: 1428
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1127

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 21300.00
  • Land Assessed Value: 7700.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 999
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1442330
  • Tax Annual Amount: 1232.00
  • Assessor Parcel Number: 03-5316-22-19-3689
  • Tax Lot: 3689
  • Tax Year: 2016
  • Close Date: 03/22/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Mar 22, 2016
Sold by
Elmwood Team Llc
Bought by
Gonzalez Marcos
Seller's Agent
Sean Moretti
Destination Realty LLC
Buyer's Agent
Mark Mease
Coldwell Banker Realty
List Price
$23,000
Sold Price
$20,000
Premium/Discount to List
-$3,000
-13.04%
Current Estimated Value
$136,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,059
Avg. Annual Appreciation
22.29%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Dcs Primary Lp
Bought by
Elmwood Team L L C

Purchase Details

Closed on
Jun 10, 2003
Sold by
Pilat Brandy N
Bought by
Leesport Bank
Source: Public Records

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
Gonzalez Marcos $20,000 None Available
Elmwood Team L L C $25,000 None Available
Leesport Bank $1,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elmwood Team Llc $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2016 03/22/16 Sold $20,000 -13.0% $14 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
10/01/2015 10/01/15 Price Changed $23,000 0.0% $16 / Sq Ft
10/01/2015 10/01/15 For Sale $23,000 +15.0% $16 / Sq Ft
05/28/2015 05/28/15 Off Market $20,000 -- --
11/28/2014 11/28/14 Price Changed $24,000 -4.0% $17 / Sq Ft
11/04/2014 11/04/14 Price Changed $25,000 -3.8% $18 / Sq Ft
09/30/2014 09/30/14 For Sale $26,000 -- $18 / 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 $787 $29,000 $7,700 $21,300
2024 $1,288 $29,000 $7,700 $21,300
2023 $1,268 $29,000 $7,700 $21,300
2022 $1,268 $29,000 $7,700 $21,300
2021 $1,268 $29,000 $7,700 $21,300
2020 $1,255 $29,000 $7,700 $21,300
2019 $1,406 $29,000 $7,700 $21,300
2018 $1,255 $29,000 $7,700 $21,300
2017 $1,247 $29,000 $7,700 $21,300
2016 $712 $29,000 $7,700 $21,300
2015 $712 $29,000 $7,700 $21,300
2014 $655 $29,000 $7,700 $21,300
Source: Public Records

Agents Affiliated with this Home

  • Sean Moretti

    Seller's Agent in 2016

    Sean Moretti

    Destination Realty LLC

    (484) 769-3209

    2 in this area

    62 Total Sales

    Section Image
  • Mark Mease

    Buyer's Agent in 2016

    Mark Mease

    Coldwell Banker Realty

    (610) 413-6248

    23 Total Sales

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Map

Source: Bright MLS

MLS Number: 1003127464

Bright MLS

APN: 03-5316-22-19-3689

Pennsylvania Berks County Reading 19602 Penn's Common

1127 Franklin St, Reading, PA

This home is located at 1127 Franklin St, Reading, PA 19602 since 30 September 2014 and is currently estimated at $137,164, approximately $96 per square foot. This property was built in 1900. 1127 Franklin St is a home located in Berks County with nearby schools including Amanda E. Stout Elementary School, Southern Middle School, and Reading Senior High School.

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