NOT LISTED FOR SALE

1132 N 6th St Reading, PA 19601

Estimated Value: $219,000 - $266,000

-- Bed
2 Baths
1,860 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $225,000 $121 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,406/month

3 Days on Market

About This Home

As of April 2024

Fantastic Investment Opportunity in Reading!Looking for an income property in great condition? Look no further! This spacious 2-unit property features:Unit 1: 2 bedrooms, living room, kitchen, and bathroomUnit 2: 3 bedrooms, living room, eat-in kitchen, and bathroomConveniently located in the heart of Reading, this property boasts a spacious backyard, perfect for outdoor gatherings, and a charming front porch to relax on. Plus, with tenants responsible for their own heat, this is truly a hassle-free investment!Don't miss out on this great opportunity! Contact us today to schedule a viewing.

Last Listed By

Mr. Nelson Gamez

Realty One Group Alliance License #RS321270 Listed on: 03/21/2024

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1890

Lot Details

  • 2,613 Sq Ft Lot

Home Design

  • 1,860 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 3620
  • Assessor Parcel Number 14-5307-43-86-3620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1890

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
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic Investment Opportunity in Reading! Looking for an income property in great condition? Look no further! This spacious 2-unit property features: Unit 1: 2 bedrooms, living room, kitchen, and bathroom Unit 2: 3 bedrooms, living room, eat-in kitchen, and bathroom Conveniently located in the heart of Reading, this property boasts a spacious backyard, perfect for outdoor gatherings, and a charming front porch to relax on. Plus, with tenants responsible for their own heat, this is truly a hassle-free investment! Don't miss out on this great opportunity! Contact us today to schedule a viewing.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1860
  • Living Area Sq Ft: 1860
  • Price Per Sq Ft: 120.97
  • Above Grade Finished Sq Ft: 1860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1132

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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 121D
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 744.00
  • Tax Annual Amount: 1814.00
  • Assessor Parcel Number: 14-5307-43-86-3620
  • Tax Lot: 3620
  • Tax Total Finished Sq Ft: 1860
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/25/2024

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 19, 2024
Sold by
Gral Management Property Inc
Bought by
Salazar Silva Paul and Reye Gaitan Linda
Seller's Agent
Mr. Nelson Gamez
Realty One Group Alliance
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$204,900
Sold Price
$225,000
Premium/Discount to List
$20,100
9.81%
Total Days on Market
3
Views
18
Current Estimated Value
$235,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,672
Avg. Annual Appreciation
4.65%
Original Mortgage
$220,924
Outstanding Balance
$218,768
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$16,904

Purchase Details

Closed on
Dec 10, 2020
Sold by
Liriano Awilda
Bought by
Gral Management Property Inc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Adekola Ajibola
Bought by
Liriano Awilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2006
Sold by
Adekola Kolawole
Bought by
Adekola Ajibola

Purchase Details

Closed on
Oct 8, 2004
Sold by
Adekola Ajibola
Bought by
Adekola Kolawole

Range of Values:

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Average Value
Not Available
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
Salazar Silva Paul $225,000 First United Land Transfer
Gral Management Property Inc $90,000 Stewart Abstract
Liriano Awilda $85,000 None Available
Adekola Ajibola -- Conestoga Title Insurance
Adekola Kolawole -- Dba Conestoga Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Silva Paul $220,924
Previous Owner Liriano Awilda $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $225,000 0.0% $121 / Sq Ft
03/26/2024 03/26/24 Price Changed $225,000 +9.8% $121 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $204,900 -- $110 / 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 $1,126 $41,500 $12,800 $28,700
2024 $1,843 $41,500 $12,800 $28,700
2023 $1,814 $41,500 $12,800 $28,700
2022 $1,814 $41,500 $12,800 $28,700
2021 $1,814 $41,500 $12,800 $28,700
2020 $1,796 $41,500 $12,800 $28,700
2019 $1,796 $41,500 $12,800 $28,700
2018 $1,796 $41,500 $12,800 $28,700
2017 $1,784 $41,500 $12,800 $28,700
2016 $744 $41,500 $12,800 $28,700
2015 $1,019 $41,500 $12,800 $28,700
2014 $938 $41,500 $12,800 $28,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2041062

Bright MLS

APN: 14-5307-43-86-3620