NOT LISTED FOR SALE
Studio
3 Baths
2,108 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: October 10, 2022

Last sale price $190,000 $90 Per Sq Ft

25 Days on Market

About This Home

As of October 2022

2 unit multi-unit property one block from city park. 1st floor is a 2 bedroom walk thru with a covered rear porch overlooking a large fenced yard paying $700 a month o month. Units 2 is a very large 3 bedroom encompassing both 2nd and 3rd floors paying $800 on a lease until 5/31/23. Both units pay for their own electricity along with hot air heaters. Water is sub-metered to allow for tracking individual use. gross income is $18,000. Expenses are $5,623. Net income is $12,337. This is a well-maintained building that will be a quality addition to anyone's investment portfolio.

Last Agent to Sell the Property

Eric Donahue

edonahue@goberkscounty.com RE/MAX Of Reading License #RS272188 Listed on: 08/03/2022

Last Buyer's Agent

Francisco Acosta

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS342984

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 2,108 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 5500
  • Assessor Parcel Number 03-5316-22-19-5500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1890

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2108
  • Living Area Sq Ft: 2108
  • Price Per Sq Ft: 90.09
  • Above Grade Finished Sq Ft: 2108
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26100.00
  • Land Assessed Value: 8800.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1442414
  • School Tax: 626.00
  • Tax Annual Amount: 1526.00
  • Assessor Parcel Number: 03-5316-22-19-5500
  • Tax Lot: 5500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 10, 2022
Sold by
Bought by
Seller's Agent
Eric Donahue
RE/MAX Of Reading
Buyer's Agent
Francisco Acosta
Realty One Group Alliance
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
0.0525%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 19, 2016
Closed on
Sep 16, 2016
Sold by
Bought by
Seller's Agent
Thomas Degler
Keller Williams Elite
Buyer's Agent
Eugene Booth
BHHS Homesale Realty- Reading Berks
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.99%

Purchase Details

Closed on
Oct 5, 1995
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 --
-- None Available
$30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $186,558
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2022 10/10/22 Sold $190,000 0.0% $90 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/28/2022 08/28/22 Off Market $190,000 -- --
08/03/2022 08/03/22 For Sale $189,900 +603.3% $90 / Sq Ft
09/19/2016 09/19/16 Sold $27,000 -22.9% $13 / Sq Ft View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $35,000 -- $17 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $985 $34,900 $8,800 $26,100
2025 $947 $34,900 $8,800 $26,100
2024 $1,550 $34,900 $8,800 $26,100
2023 $1,526 $34,900 $8,800 $26,100
2022 $1,526 $34,900 $8,800 $26,100
2021 $1,526 $34,900 $8,800 $26,100
2020 $1,510 $34,900 $8,800 $26,100
2019 $1,510 $34,900 $8,800 $26,100
2018 $1,510 $34,900 $8,800 $26,100
2017 $1,500 $34,900 $8,800 $26,100
2016 $626 $34,900 $8,800 $26,100
2015 $857 $34,900 $8,800 $26,100
2014 $789 $34,900 $8,800 $26,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2019774

Bright MLS

APN: 5316-22-19-5500

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