NOT LISTED FOR SALE
Studio
4 Baths
2,601 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: August 7, 2012

Last sale price $81,000 $31 Per Sq Ft

78 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • Wall to Wall Carpet

About This Home

As of August 2012

All brick fully occupied 4 family apartment building. Great opportunity for owner occupied or investor. Property is located in Northwest section of Reading few blocks away from Centre Park Historic Distric Avenue and across the street from Historical Sterling Mansion Bed & Breakfast Mansion. Tenants have occupied property long term they wish to stay and maintain there units in excellent condition very good tenants. Tenants pay for electric, gas hot water and cooking. This is a Fannie Mae property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Alex Betances

(610) 926-8610 alex@brgpa.com Betances Realty Group License #ab066202 Listed on: 04/23/2012

Last Buyer's Agent

DIEGO LOPEZ

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 License #RS312153

United Real Estate Strive 212
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Slate Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,601 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9129
  • Assessor Parcel Number 15-5307-49-56-9129

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $264
  • Maintenance Expense $1,080
  • Other Expense $1,008
  • Operating Expense $8,374

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1008.00
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2601
  • Living Area Sq Ft: 2601
  • Price Per Sq Ft: 30.72
  • Above Grade Finished Sq Ft: 2601
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat, Shingle, Metal, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Annual Heating Expense: 3120.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 264.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 744.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 48200.00
  • Land Assessed Value: 9000.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24600.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1455878
  • Tax Annual Amount: 2158.00
  • Assessor Parcel Number: 15-5307-49-56-9129
  • Tax Lot: 9129
  • Tax Year: 2012

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
Apr 23, 2012
Closed on
Jul 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Seller's Agent
Alex Betances
Betances Realty Group
Buyer's Agent
DIEGO LOPEZ
United Real Estate Strive 212
List Price
$84,900
Sold Price
$81,000
Premium/Discount to List
-$3,900
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,532
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2012
Sold by
Lominy Jean K and Lominy Josiane F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2007
Sold by
Becker Karl A and Weisman Bradley S
Bought by
Lominy Jean K and Lominy Josiane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Bright Steven D and Bright Amy Y
Bought by
Trinity Evangelical Lutheran Congregatio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Sold by
Carbon Gilbert W and Carbon Judy L
Bought by
Becker Karl A and Weisman Bradley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.18%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$81,000 None Available
Federal National Mortgage Association $1,900 None Available
Lominy Jean K $140,000 None Available
Trinity Evangelical Lutheran Congregatio $112,000 --
Becker Karl A $75,000 Fidelity National Title Ins
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
Previous Owner $79,532
Previous Owner Lominy Jean K $112,000
Previous Owner Trinity Evangelical Lutheran Congregatio $100,000
Previous Owner Becker Karl A $67,500
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
08/07/2012 08/07/12 Sold $81,000 -4.6% $31 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $84,900 -- $33 / 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 $1,615 $57,200 $9,000 $48,200
2025 $1,553 $57,200 $9,000 $48,200
2024 $2,540 $57,200 $9,000 $48,200
2023 $2,501 $57,200 $9,000 $48,200
2022 $2,501 $57,200 $9,000 $48,200
2021 $2,501 $57,200 $9,000 $48,200
2020 $2,475 $57,200 $9,000 $48,200
2019 $2,475 $57,200 $9,000 $48,200
2018 $2,475 $57,200 $9,000 $48,200
2017 $2,459 $57,200 $9,000 $48,200
2016 $1,405 $57,200 $9,000 $48,200
2015 $1,405 $57,200 $9,000 $48,200
2014 $1,293 $57,200 $9,000 $48,200
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1003937054

Bright MLS

APN: 5307-49-56-9129

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