Seller's Agent in 2020
Lorraine Guthier
Iron Valley Real Estate of Berks
(484) 336-6378
84 Total Sales
1224 Eckert Ave Reading, PA 19602
Penn's Common Neighborhood
Studio
2
Baths
2,042
Sq Ft
2,178
Sq Ft Lot
About This Home
As of September 2020Investors, this is a fully occupied 2 unit making over a 13% CAP rate. If you have never been on Eckert Avenue you need to! This block does not look like you are even in the city of Reading. The surroundings are park like, more serene, and the street is wide, there is always sufficient parking. The home is a solid stone, with great condition vinyl siding. First flr- 1 bdrm, 2nd flr-3 bed. There is original hardwood throughout,original hardwood doors, newer windows, and the building is electric heat. Owner pays water, trash, sewer. Income is $17,760 a year. Expenses are Taxes $1835, insurance $414, common electric, $216, W/S-$1296, Trash, $960=$4721 for NOI of $13,039. Consider this income maker 2 unit in a lovely location. Photos are prior to tenant moving in.
Last Agent to Sell the Property
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks Listed on: 06/16/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,835
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,042 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Electric Baseboard Heater
- 100 Amp Service
Listing and Financial Details
- The owner pays for sewer, real estate taxes, trash collection, water
- Tax Lot 3467
- Assessor Parcel Number 16-5316-22-29-3467
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Income includes apartment rentals
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/25/2020 09/25/20 | Sold | $97,000 | -2.5% | $48 / Sq Ft | |
| 07/30/2020 07/30/20 | Pending | -- | -- | -- | |
| 06/16/2020 06/16/20 | For Sale | $99,500 | +148.8% | $49 / Sq Ft | |
| 02/24/2012 02/24/12 | Sold | $40,000 | -42.9% | $20 / Sq Ft | View Prior Sale |
| 11/24/2011 11/24/11 | Pending | -- | -- | -- | |
| 12/20/2010 12/20/10 | For Sale | $70,000 | -- | $34 / Sq Ft |
Source: Bright MLS
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 | $1,151 | $42,400 | $14,500 | $27,900 |
| 2024 | $1,883 | $42,400 | $14,500 | $27,900 |
| 2023 | $1,854 | $42,400 | $14,500 | $27,900 |
| 2022 | $1,854 | $42,400 | $14,500 | $27,900 |
| 2021 | $1,854 | $42,400 | $14,500 | $27,900 |
| 2020 | $1,835 | $42,400 | $14,500 | $27,900 |
| 2019 | $1,835 | $42,400 | $14,500 | $27,900 |
| 2018 | $1,835 | $42,400 | $14,500 | $27,900 |
| 2017 | $1,823 | $42,400 | $14,500 | $27,900 |
| 2016 | $1,041 | $42,400 | $14,500 | $27,900 |
| 2015 | $1,041 | $42,400 | $14,500 | $27,900 |
| 2014 | $958 | $42,400 | $14,500 | $27,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Guthier
-
Gary Mercer
Buyer's Agent in 2020
Gary Mercer
LPT Realty, LLC
(484) 678-6435
1,808 Total Sales
-
Jack Evans
Seller's Agent in 2012
Jack Evans
Keller Williams Platinum Realty - Wyomissing
(610) 406-7496
47 Total Sales
Map
Source: Bright MLS
MLS Number: PABK359170
APN: 5316-22-29-3467
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