NOT LISTED FOR SALE

Estimated Value: $168,996

-- Bed
3 Baths
3,100 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $155,000 $50 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,118/month

11 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Corner Lot
  • 0.11 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

Exceptional, All Stone, single family 2 unit property with 6 attached income generating garages. Washer and Dryers in both units. Split Gas boilers and tenants pay their own heat and electric. This property has been beautifully maintained. The possibility of a third lower level apartment exists, but must get city approval. All tools and construction materials remain . 6 garages are currently un-rented. 5 are one bay an will rent for $50-$75 a month. 6th garage is a double, and has served as the owners work shop. Should rent for $75-150/month.

Last Listed By

Liz Egner

RE/MAX Of Reading License #AB062436L Listed on: 04/01/2020

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Rural Setting
  • Corner Lot
  • Property is in good condition

Parking

  • 6 Car Direct Access Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Plaster Walls
  • Asphalt Roof
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 3,100 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

  • Reading High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, trash collection, water
  • Tax Lot 1703
  • Assessor Parcel Number 13-5317-38-26-1703

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Northeast Reading Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: all appliances
  • New Construction: No
  • Expected On Market: 2020-04-15
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Exceptional, All Stone, single family 2 unit property with 6 attached income generating garages. Washer and Dryers in both units. Split Gas boilers and tenants pay their own heat and electric. This property has been beautifully maintained. The possibility of a third lower level apartment exists, but must get city approval. All tools and construction materials remain . 6 garages are currently un-rented. 5 are one bay an will rent for $50-$75 a month. 6th garage is a double, and has served as the owners work shop. Should rent for $75-150/month.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Tile/Brick, Vinyl, Wood
  • Wall Ceiling Types: Plaster Walls
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Price Per Sq Ft: 56.42
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1164

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stone, Stick Built
  • Exterior Features: Exterior Lighting, Secure Storage, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Additional Storage Area, Basement Garage, Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 77100.00
  • Land Assessed Value: 20400.00
  • Land Use Code: 150
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 18900.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1452027
  • School Tax: 1748.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4219.00
  • Assessor Parcel Number: 13-5317-38-26-1703
  • Tax Lot: 1703
  • Tax Total Finished Sq Ft: 3100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/14/2020

Multi Family

  • 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
Oct 16, 2011
Closed on
Feb 14, 2012
Sold by
Morales Jerry and Morales Maria
Bought by
Broadbelt Richard B and Broadbelt Doris P
Seller's Agent
Suzi Ford
Springer Realty Group
Buyer's Agent
Dave Decembrino
RE/MAX Of Reading
List Price
$95,000
Sold Price
$87,500
Premium/Discount to List
-$7,500
-7.89%
Total Days on Market
11
Current Estimated Value
$168,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,496
Avg. Annual Appreciation
5.20%
Original Mortgage
$70,000
Outstanding Balance
$48,969
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$121,943

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
Broadbelt Richard B $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadbelt Richard B $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $155,000 -11.4% $50 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $174,900 +12.8% $56 / Sq Ft
04/01/2020 04/01/20 Off Market $155,000 -- --
02/28/2012 02/28/12 Sold $87,500 -7.9% $28 / Sq Ft
02/22/2012 02/22/12 Price Changed $95,000 +8.6% $31 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/30/2012 01/30/12 Off Market $87,500 -- --
01/29/2012 01/29/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $95,000 +8.6% $31 / Sq Ft
11/26/2011 11/26/11 Off Market $87,500 -- --
11/25/2011 11/25/11 Pending -- -- --
10/16/2011 10/16/11 For Sale $95,000 -- $31 / 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 $2,646 $97,500 $20,400 $77,100
2024 $4,329 $97,500 $20,400 $77,100
2023 $4,262 $97,500 $20,400 $77,100
2022 $4,262 $97,500 $20,400 $77,100
2021 $4,262 $97,500 $20,400 $77,100
2020 $4,219 $97,500 $20,400 $77,100
2019 $4,219 $97,500 $20,400 $77,100
2018 $4,219 $97,500 $20,400 $77,100
2017 $4,192 $97,500 $20,400 $77,100
2016 $2,395 $97,500 $20,400 $77,100
2015 $2,395 $97,500 $20,400 $77,100
2014 $2,203 $97,500 $20,400 $77,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK356612

Bright MLS

APN: 13-5317-38-26-1703