NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
7,406 Sq Ft Lot

Last Sold February 06, 2015

Last sale price $80,000

147 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Heating System Uses Gas
  • Wood Flooring
  • Home Security System

About This Home

As of February 2015

This 4 unit building is located in the Callowhill Historic District in downtown Reading, just south of the Reading Public Library. There are some restrictions on what can be done on the outside of the building because of being in the Historic District, must be approved by HARB. The building is being sold 'as-is'. It needs a complete rehab, but has great potential to restore to its architectural beauty. This building has a lot of history in the city, it was owned by many well known Reading families over the past 100 years. The carriage house was Eng's Laundry for over 30 years. There are three 1-bedroom apartments in the main building and a carriage house in the rear. Behind the carriage house, at 129 Wood Street, is a vacant lot which is used for parking (with permits), 5 spaces are currently rented monthly, there are 8 spaces available, both parcels are included in this sale.

Last Agent to Sell the Property

Michelle Hettinger-Miller

mhettingermiller@kw.com Keller Williams Platinum Realty - Wyomissing Listed on: 07/21/2014

Last Buyer's Agent

Michelle Hettinger-Miller

mhettingermiller@kw.com Keller Williams Platinum Realty - Wyomissing Listed on: 07/21/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,406 Sq Ft Lot

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Stone Foundation
  • Metal Roof

Flooring

  • Wood
  • Tile or Brick

Unfinished Basement

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

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Private Parking
  • Parking Lot
  • Rented or Permit Required

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7229
  • Assessor Parcel Number 04-5306-27-79-7229 & 6219

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes parking
  • Operating Expense $3,790

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Parking Features: Rented/Permit Required, Private
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 50800.00
  • Land Assessed Value: 44000.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7406.00
  • Property Condition: Fixer
  • Zoning: COMM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 1800.00
  • Income Includes: Parking
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1442654
  • Tax Annual Amount: 3790.0
  • Assessor Parcel Number: 04-5306-27-79-7229 & 6219
  • Tax Lot: 7229
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2017
Sold by
Isla Property Management I Llc
Bought by
Isla Property Management I Llc

Purchase Details

Closed on
Feb 2, 2017
Sold by
Pepen Lazaro
Bought by
Isla Property Management I Llc

Purchase Details

Listed on
Jul 21, 2014
Closed on
Feb 6, 2015
Sold by
Lasota Walter and Lasota Dorothy A
Bought by
Pepen Lazaro
Seller's Agent
Michelle Hettinger-Miller
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Michelle Hettinger-Miller
Keller Williams Platinum Realty - Wyomissing
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Source: Public Records
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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
Isla Property Management I Llc -- None Available
Isla Property Management I Llc -- None Available
Pepen Lazaro $80,000 Conestoga Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2015 02/06/15 Sold $80,000 -5.8% --
12/15/2014 12/15/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $84,900 -- --
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 $2,364 $87,100 $36,300 $50,800
2024 $3,868 $87,100 $36,300 $50,800
2023 $3,808 $87,100 $36,300 $50,800
2022 $3,808 $87,100 $36,300 $50,800
2021 $3,808 $87,100 $36,300 $50,800
2020 $3,769 $87,100 $36,300 $50,800
2019 $3,769 $87,100 $36,300 $50,800
2018 $3,769 $87,100 $36,300 $50,800
2017 $3,745 $87,100 $36,300 $50,800
2016 $2,139 $87,100 $36,300 $50,800
2015 $2,139 $87,100 $36,300 $50,800
2014 $1,968 $87,100 $36,300 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003018464

Bright MLS

APN: 04-5306-27-79-7229