NOT LISTED FOR SALE

Estimated Value: $80,539

-- Bed
2 Baths
2,600 Sq Ft
$31/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $50,000 $19 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $563/month

35 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System
  • Tile or Brick Flooring
  • Central Air
  • Replacement Windows

About This Home

As of June 2018

Amazing architectural historical 2 unit located across from City Park. This building is very large and in overall good shape. Owner has started repairs but has decided to sell AS IS. Unit 1 was a dental lab zoned commercial but the seller has obtained approval to convert to residential use. Very large open floor plan, 2 half baths. Main Gas. Heating system has been terminated to this unit. Radiators are still in place. Central air unit still exist but no indoor unit. Gas forced air heat with CA would be the best choice. Unit 2 consists of the 2nd and 3rd floors and has 6 rooms, 3-4 BRS, 2 full baths, kitchen and 2nd floor rear balcony. Beautiful woodwork throughout this unit. This unit has its own gas heating system and it's currently connected and functioning. Good roofs. Replacement windows. So much potential! Amazing investment property with so much equity. Being SOLD AS IS! Must See!

Last Agent to Sell the Property

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 04/27/2018

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 04/27/2018

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,600 Sq Ft Home
  • Replacement Windows

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Knob And Tube Electrical Wiring
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7533
  • Assessor Parcel Number 03-5316-22-19-7533

Community Details

Overview

  • No Home Owners Association
  • Reading Subdivision

Building Details

  • Insurance Expense $1,200
  • Other Expense $100
  • Operating Expense $5,929

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 100.00
  • Storage: Basement
  • Year Built: 1880
  • Remarks Public: Amazing architectural historical 2 unit located across from City Park. This building is very large and in overall good shape. Owner has started repairs but has decided to sell AS IS. Unit 1 was a dental lab zoned commercial but the seller has obtained approval to convert to residential use. Very large open floor plan, 2 half baths. Main Gas. Heating system has been terminated to this unit. Radiators are still in place. Central air unit still exist but no indoor unit. Gas forced air heat with CA would be the best choice. Unit 2 consists of the 2nd and 3rd floors and has 6 rooms, 3-4 BRS, 2 full baths, kitchen and 2nd floor rear balcony. Beautiful woodwork throughout this unit. This unit has its own gas heating system and it's currently connected and functioning. Good roofs. Replacement windows. So much potential! Amazing investment property with so much equity. Being SOLD AS IS! Must See!
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 23.08
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1210

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers, Knob And Tube
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 33500.00
  • Land Assessed Value: 18000.00
  • Land Use Code: 4126
  • Lot Size Acres: 0.03
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 29700.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1442451
  • Tax Annual Amount: 2229.00
  • Assessor Parcel Number: 03-5316-22-19-7533
  • Tax Lot: 7533
  • Tax Year: 2018
  • Close Date: 06/27/2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 26, 2018
Sold by
Lunar Investments Llc
Bought by
Avila Sergio and Sanchez Filiberto Avila
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Current Estimated Value
$80,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,539
Avg. Annual Appreciation
7.12%
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
Avila Sergio $50,000 Signature Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $50,000 -16.7% $19 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $60,000 +215.8% $23 / Sq Ft
06/26/2017 06/26/17 Sold $19,000 0.0% --
05/05/2017 05/05/17 Off Market $19,000 -- --
05/04/2017 05/04/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $27,900 -- --
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 $1,398 $51,500 $18,000 $33,500
2024 $2,287 $51,500 $18,000 $33,500
2023 $2,251 $51,500 $18,000 $33,500
2022 $2,251 $51,500 $18,000 $33,500
2021 $2,251 $51,500 $18,000 $33,500
2020 $2,229 $51,500 $18,000 $33,500
2019 $2,229 $51,500 $18,000 $33,500
2018 $2,229 $51,500 $18,000 $33,500
2017 $2,214 $51,500 $18,000 $33,500
2016 $1,265 $51,500 $18,000 $33,500
2015 $1,265 $51,500 $18,000 $33,500
2014 $1,164 $51,500 $18,000 $33,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000460316

Bright MLS

APN: 03-5316-22-19-7533