NOT LISTED FOR SALE

125 Park Ave Reading, PA 19605

Hyde Park-Muhlenberg Neighborhood

Estimated Value: $237,000 - $264,000

Studio
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: March 21, 2019

Last sale price $145,000 $0 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,468 / mo

17 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of March 2019

All brick 2 unit with a 4 bay (20x40) detached garage with loft storage fully rented. Nice side yard. Double lot. All units are rented and have a flawless rental history. Coin operated wash machines in basement for additional income. Freshly painted and newer flooring throughout. Sale includes 2 washers, 1 dishwasher,2 fridges and 2 ranges.

Last Agent to Sell the Property

Craig Reinert

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS278019 Listed on: 01/04/2019

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Erica Fair

(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #RS338574

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1930

Lot Details

  • 4,792

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 3888
  • Assessor Parcel Number 66-5308-16-93-3888

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $2,000
  • Trash Expense $520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,423

Year Built

Built in 1930

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: 2 Dryers
  • Inclusions: 2 Ranges, Dishwasher, 2 Washing Machines, 2 Refrigerators
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 51900.00
  • Land Assessed Value: 28700.00
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: RESIDENTIAL / MULTI USE

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Trash Collection, Water, Sewer
  • Total Actual Rent: 21240.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1544011
  • School Tax: 2403.00
  • Tax Annual Amount: 3423.00
  • Assessor Parcel Number: 66-5308-16-93-3888
  • Tax Lot: 3888
  • Tax Page Number: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: MUHLENBERG

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
Jan 4, 2019
Closed on
Mar 21, 2019
Sold by
Bought by
Seller's Agent
Craig Reinert
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Erica Fair
Iron Valley Real Estate of Berks
List Price
$148,900
Sold Price
$145,000
Premium/Discount to List
-$3,900
-2.62%
Current Estimated Value
$252,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,982
Avg. Annual Appreciation
7.91%
Original Mortgage
$142,373
Outstanding Balance
$123,714
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$129,268

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 30, 2012
Sold by
Bought by
Seller's Agent
Dianne Kline
RE/MAX Of Reading
Buyer's Agent
Craig Reinert
Keller Williams Platinum Realty - Wyomissing
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$86,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
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
$22,500
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 19, 2003
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
$96,485
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$145,000 Edge Abstract
$115,000 None Available
$150,000 None Available
$98,000 --
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
Closed $142,373
Closed $86,250
Closed $22,500
Closed $120,000
Closed $96,485
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
03/21/2019 03/21/19 Sold $145,000 0.0% --
01/21/2019 01/21/19 Pending -- -- --
01/19/2019 01/19/19 Off Market $145,000 -- --
01/04/2019 01/04/19 For Sale $148,900 +29.5% --
07/30/2012 07/30/12 Sold $115,000 -14.8% $62 / Sq Ft View Prior Sale
06/12/2012 06/12/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $134,900 -- $73 / 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 $1,210 $80,600 $28,700 $51,900
2025 $1,210 $80,600 $28,700 $51,900
2024 $3,880 $80,600 $28,700 $51,900
2023 $3,642 $80,600 $28,700 $51,900
2022 $3,582 $80,600 $28,700 $51,900
2021 $3,497 $80,600 $28,700 $51,900
2020 $3,497 $80,600 $28,700 $51,900
2019 $3,423 $80,600 $28,700 $51,900
2018 $3,362 $80,600 $28,700 $51,900
2017 $3,299 $80,600 $28,700 $51,900
2016 $977 $80,600 $28,700 $51,900
2015 $977 $80,600 $28,700 $51,900
2014 $977 $80,600 $28,700 $51,900
Source: Public Records

Agents Affiliated with this Home

  • Craig Reinert

    Seller's Agent in 2019

    Craig Reinert

    Keller Williams Platinum Realty - Wyomissing

    (610) 207-5467

    1 in this area

    154 Total Sales

    Craig Reinert
    Section Image
  • Erica Fair

    Buyer's Agent in 2019

    Erica Fair

    Iron Valley Real Estate of Berks

    (610) 413-0520

    2 in this area

    157 Total Sales

    Erica Fair
    Section Image
  • Dianne Kline

    Seller's Agent in 2012

    Dianne Kline

    RE/MAX of Reading

    (610) 685-3178

    18 Total Sales

    Dianne Kline
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK247634

Bright MLS

APN: 66-5308-16-93-3888

Pennsylvania Berks County Reading 19605 Hyde Park-Muhlenberg

125 Park Ave, Reading, PA

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