Ash Freese
Amo Realty
(610) 463-0487
66 Total Sales
1 in Penn's Common
$290,000 Price
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2020
Closed on
Sep 16, 2020
Sold by
Bought by
Seller's Agent
Lorraine Guthier
Iron Valley Real Estate of Berks
Buyer's Agent
Gary Mercer
LPT Realty, LLC
List Price
$99,500
Sold Price
$97,000
Premium/Discount to List
-$2,500
-2.51%
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
Outstanding Balance
$62,575
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 20, 2010
Closed on
Feb 22, 2012
Sold by
Bought by
Seller's Agent
Jack Evans
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Lorraine Guthier
Iron Valley Real Estate of Berks
List Price
$70,000
Sold Price
$40,000
Premium/Discount to List
-$30,000
-42.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$28,000
Interest Rate
3.17%
Mortgage Type
Commercial
Purchase Details
Closed on
May 17, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,300
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 12, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Penn's Common, PA
-
Ash Freese
-
Todd Sell
Todd Sell
Pagoda Realty ERA Powered
(484) 772-2844
152 Total Sales
2 in Penn's Common
$165K - $205K Price Range
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
3 in Penn's Common
$65K - $225K Price Range
-
Jeff Dieffenbach
Jeff Dieffenbach
RE/MAX Evolved
(484) 755-6146
147 Total Sales
1 in Penn's Common
$215,000 Price
-
Sheldon Zimmerman
Sheldon Zimmerman
Peak Asset Realty
(223) 216-2011
214 Total Sales
3 in Penn's Common
$60K - $270K Price Range
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
269 Total Sales
2 in Penn's Common
$162K - $185K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $97,000 | Chesco Settlement Svcs Llc | ||
| $40,000 | None Available | ||
| $74,000 | -- | ||
| $46,000 | Dba Conestoga Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $72,000 | ||
| Previous Owner | $28,000 | ||
| Previous Owner | $70,300 | ||
| Previous Owner | $48,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,197 | $42,400 | $14,500 | $27,900 |
| 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
Seller's Agent in 2020
Lorraine Guthier
Iron Valley Real Estate of Berks
(484) 336-6378
80 Total Sales
-
Gary Mercer
Buyer's Agent in 2020
Gary Mercer
LPT Realty, LLC
(484) 678-6435
1,730 Total Sales
-
Jack Evans
Seller's Agent in 2012
Jack Evans
Keller Williams Platinum Realty - Wyomissing
(610) 406-7496
48 Total Sales
Map
Source: Bright MLS
MLS Number: PABK359170
APN: 5316-22-29-3467
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