NOT LISTED FOR SALE

Estimated Value: $185,000 - $218,000

3 Beds
1 Bath
1,587 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $100,111 $63 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,184/month

Highlights

  • Traditional Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Formal Dining Room
  • 3-minute walk to Eleventh and Pike Playground

About This Home

As of June 2019

Welcome to 1223 Pike Street in the Northeast section of Reading, just off the Albright campus grounds. This 4 bedroom, 2 full and 1 half bath home offers over 1600 SF of finished living area including the finished daylight walkout lower level. Property is currently tenant occupied and rented for $1200 plus utilities except for a $100 water/sewer/trash credit provided by lessor thru 11/30/19. Main level features include hardwoods in both the living and dining rooms, a tile floor full eat-in kitchen, and a convenient main level laundry/powder room combo. Take the stairs to the 3 spacious upper level bedrooms and a full tub/shower hall bath. Finished lower level currently offers bedroom 4 and the second full bath. All this plus a fenced rear yard with shed, covered front porch, gas heat and so much more making this the one to see. Investors: Add this money maker to your portfolio today!

Last Agent to Sell the Property

Ed Spayd

RE/MAX Of Reading License #RS276480 Listed on: 04/26/2019

RE/MAX Of Reading

Last Buyer's Agent

Leticia Wiemann

Century 21 Gold License #RS224860L

Century 21 Gold

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot
  • Wire Fence
  • Back and Side Yard
  • Property is in good condition

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Side-by-Side
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9955
  • Assessor Parcel Number 17-5317-30-17-9955

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,307

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Remarks Public: Welcome to 1223 Pike Street in the Northeast section of Reading, just off the Albright campus grounds. This 4 bedroom, 2 full and 1 half bath home offers over 1600 SF of finished living area including the finished daylight walkout lower level. Property is currently tenant occupied and rented for $1200 plus utilities except for a $100 water/sewer/trash credit provided by lessor thru 11/30/19. Main level features include hardwoods in both the living and dining rooms, a tile floor full eat-in kitchen, and a convenient main level laundry/powder room combo. Take the stairs to the 3 spacious upper level bedrooms and a full tub/shower hall bath. Finished lower level currently offers bedroom 4 and the second full bath. All this plus a fenced rear yard with shed, covered front porch, gas heat and so much more making this the one to see. Investors: Add this money maker to your portfolio today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Stove, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Eat-In, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1787
  • Living Area Sq Ft: 1587
  • Price Per Sq Ft: 73.82
  • Above Grade Finished Sq Ft: 1287
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1223

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top, Paved
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Fencing: Wire
  • Improvement Assessed Value: 38000.00
  • Land Assessed Value: 15300.00
  • Land Use Code: 161
  • Lot Features: Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R-1

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1462511
  • School Tax: 956.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2307.00
  • Assessor Parcel Number: 17-5317-30-17-9955
  • Tax Lot: 9955
  • Tax Total Finished Sq Ft: 1287
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/26/2019

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 26, 2019
Sold by
Hermann Gerald F
Bought by
Ortiz Arianna M Acosta
Seller's Agent
Ed Spayd
RE/MAX Of Reading
Buyer's Agent
Leticia Wiemann
Century 21 Gold
List Price
$95,000
Sold Price
$100,111
Premium/Discount to List
$5,111
5.38%
Current Estimated Value
$199,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,454
Avg. Annual Appreciation
11.95%
Original Mortgage
$98,297
Outstanding Balance
$86,527
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$115,758

Purchase Details

Listed on
Feb 11, 2013
Closed on
Nov 13, 2013
Sold by
First Priority Bank
Bought by
Hermann Gerald F
Seller's Agent
Frank Sabatucci
RE/MAX Of Reading
Buyer's Agent
Jaime Perez
Keller Williams Platinum Realty - Wyomissing
List Price
$79,900
Sold Price
$52,000
Premium/Discount to List
-$27,900
-34.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Byrne Eric S
Bought by
Affinity Bank Of Pennsylvania

Purchase Details

Closed on
Dec 4, 2008
Sold by
Khan Marium H
Bought by
Byrne Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Cendant Mortgage Corp
Bought by
Khan Marium H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,150
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Stewart Yusuf S
Bought by
Cendant Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,150
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Dietsch William M and Dietsch Debbie M
Bought by
Stewart Yusuf S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.97%
Mortgage Type
VA
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
Ortiz Arianna M Acosta $100,111 Wyomissing Abstract Llc
Hermann Gerald F $52,000 None Available
Affinity Bank Of Pennsylvania $1,800 None Available
Byrne Eric S $114,000 None Available
Khan Marium H $40,280 --
Cendant Mortgage Corp $1,200 --
Stewart Yusuf S $70,599 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Arianna M Acosta $98,297
Previous Owner Hermann Gerald F $165,000
Previous Owner Hermann Gerald F $80,000
Previous Owner Byrne Eric S $77,000
Previous Owner Khan Marium H $30,150
Previous Owner Stewart Yusuf S $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $100,111 0.0% $63 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/03/2019 05/03/19 Off Market $100,111 -- --
04/26/2019 04/26/19 For Sale $95,000 +82.7% $60 / Sq Ft
11/08/2013 11/08/13 Sold $52,000 -13.2% $40 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/08/2013 10/08/13 Price Changed $59,900 -7.7% $47 / Sq Ft
08/13/2013 08/13/13 Price Changed $64,900 -13.4% $50 / Sq Ft
05/06/2013 05/06/13 Price Changed $74,900 -6.3% $58 / Sq Ft
02/11/2013 02/11/13 For Sale $79,900 -- $62 / 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 $1,447 $53,300 $15,300 $38,000
2024 $2,367 $53,300 $15,300 $38,000
2023 $2,330 $53,300 $15,300 $38,000
2022 $2,330 $53,300 $15,300 $38,000
2021 $2,330 $53,300 $15,300 $38,000
2020 $2,307 $53,300 $15,300 $38,000
2019 $2,307 $53,300 $15,300 $38,000
2018 $2,307 $53,300 $15,300 $38,000
2017 $2,291 $53,300 $15,300 $38,000
2016 $1,309 $53,300 $15,300 $38,000
2015 $1,309 $53,300 $15,300 $38,000
2014 $1,205 $69,600 $18,000 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK340262

Bright MLS

APN: 17-5317-30-17-9955