NOT LISTED FOR SALE

Estimated Value: $233,837

-- Bed
-- Bath
2,800 Sq Ft
$84/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $180,000 $64 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,326/month

Highlights

  • 0.06 Acre Lot
  • Corner Lot
  • Parking Storage or Cabinetry
  • Wood Flooring
  • 3 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2021

Fantastic Money maker! Sit back and watch your money come in. Two Large, 2 Bedroom Apartment, Tenants pay heat and electric. 3 small Garages also currently rented. Good for storage or small car. Store Front currently has five year lease left. Great Rental! This is a multi use property. Each apartment is rented for$850.00. Store is rented for $700.00 per month and each garage is rented for $50.00 each month.
Total rental income per month is $2,550.00. Apartments could use some cosmetics but all mechanical are good! Schedule your showing today! Property Sold As Is.

Last Agent to Sell the Property

Suzi Ford

(484) 336-8677 suziford@cs.com Springer Realty Group License #RS228124L Listed on: 08/18/2021

Springer Realty Group

Last Buyer's Agent

Dianna Alpini

(610) 621-8535 dalpini@kw.com Keller Williams Platinum Realty - Wyomissing License #RS317683

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Radiator
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for sewer, sewer maintenance, real estate taxes, trash collection, water
  • Tax Lot 3099
  • Assessor Parcel Number 10-5316-30-18-3099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,542

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Home Warranty: No
  • Inclusions: 2 Stoves
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Fantastic Money maker! Sit back and watch your money come in. Two Large, 2 Bedroom Apartment, Tenants pay heat and electric. 3 small Garages also currently rented. Good for storage or small car. Store Front currently has five year lease left. Great Rental! This is a multi use property. Each apartment is rented for$850.00. Store is rented for $700.00 per month and each garage is rented for $50.00 each month. Total rental income per month is $2,550.00. Apartments could use some cosmetics but all mechanical are good! Schedule your showing today! Property Sold As Is.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 71.04
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1134

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric, Natural Gas
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water, Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Multiple Phone Lines
  • Water Source: Public

Schools

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

Lot Info

  • Improvement Assessed Value: 26100.00
  • Land Assessed Value: 12000.00
  • Land Use Code: 4115
  • Lot Size Acres: 0.06
  • Lot Dimensions: IRRG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Average
  • Zoning: MULTI

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 6
  • Owner Pays: Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1448126
  • Tax Annual Amount: 1542.00
  • Assessor Parcel Number: 10-5316-30-18-3099
  • Tax Lot: 3099
  • Tax Year: 2014
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 15, 2021
Sold by
Torres Toribio
Bought by
Choudhary Saima Shahid
Seller's Agent
Suzi Ford
Springer Realty Group
Buyer's Agent
Dianna Alpini
Keller Williams Platinum Realty - Wyomissing
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$233,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,837
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
May 9, 2011
Sold by
Ayala John
Bought by
Torres Toribio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Ortiz Elida
Bought by
Ayala John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2003
Sold by
Caceres Hector L
Bought by
Ortiz Elida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2000
Sold by
Caceres Louis M
Bought by
Caceres Hector L
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
Choudhary Saima Shahid $180,000 Conestoga Title Company
Torres Toribio $89,900 None Available
Ayala John $73,000 --
Ortiz Elida $45,000 --
Caceres Hector L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Toribio $66,750
Previous Owner Ayala John $54,750
Previous Owner Ortiz Elida $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $180,000 -9.5% $64 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $198,900 -0.1% $71 / Sq Ft
08/18/2021 08/18/21 For Sale $199,000 -- $71 / 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 $1,034 $38,100 $12,000 $26,100
2024 $1,692 $38,100 $12,000 $26,100
2023 $1,666 $38,100 $12,000 $26,100
2022 $1,666 $38,100 $12,000 $26,100
2021 $1,666 $38,100 $12,000 $26,100
2020 $1,649 $38,100 $12,000 $26,100
2019 $1,649 $38,100 $12,000 $26,100
2018 $1,649 $38,100 $12,000 $26,100
2017 $1,638 $38,100 $12,000 $26,100
2016 $936 $38,100 $12,000 $26,100
2015 $936 $38,100 $12,000 $26,100
2014 $861 $38,100 $12,000 $26,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2003312

Bright MLS

APN: 10-5316-30-18-3099