NOT LISTED FOR SALE
-- Bed
3 Baths
2,812 Sq Ft
1,742 Sq Ft Lot

Last Sold October 28, 2020

Last sale price $136,000 $48 Per Sq Ft

17 Days on Market

Highlights

  • Straight Thru Architecture
  • Hot Water Heating System
  • 5-minute walk to Riverfront Park
  • No HOA

About This Home

As of October 2020

A virtually no vacancy 3 unit two blocks off of Penn St. One tenant is there for 24 years, another 19 years and the 3rd tenant about 12 years. Heating boiler was installed 5-7 years ago and all new electrical panel boxes were installed about 9 years ago. Each tenant has their own gas hot water heater. This landlord had 3 multi units in Reading. The 1st two sold in a few days. This too will sell in a short time!

Last Agent to Sell the Property

Gilbert Carbon

Century 21 Gold License #AB067371 Listed on: 08/14/2020

Century 21 Gold

Last Buyer's Agent

Jose Manzueta

JM Diamond Realty License #RM426115

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,812 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-5306-26-69-8430

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $1,200
  • Manager Expense $2,034
  • Operating Expense $11,174
  • Net Operating Income $9,166

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,415

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: A virtually no vacancy 3 unit two blocks off of Penn St. One tenant is there for 24 years, another 19 years and the 3rd tenant about 12 years. Heating boiler was installed 5-7 years ago and all new electrical panel boxes were installed about 9 years ago. Each tenant has their own gas hot water heater. This landlord had 3 multi units in Reading. The 1st two sold in a few days. This too will sell in a short time!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2812
  • Living Area Sq Ft: 2812
  • Price Per Sq Ft: 49.75
  • Above Grade Finished Sq Ft: 2812
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

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
  • Electric Service: 100 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
  • Professional Management Expense: 2034.00

Schools

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

Lot Info

  • Land Assessed Value: 7700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2020
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1443071
  • School Tax: 586.00
  • Tax Annual Amount: 1415.00
  • Assessor Parcel Number: 05-5306-26-69-8430
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/28/2020

Multi Family

  • Gross Income: 20340.00
  • Operating Expense: 11174.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $136,000 -2.8% $48 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $139,900 -- $50 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK362368

Bright MLS

APN: 5306-26-69-8430