C
Seller's Agent in 2023
Chris Marrella
Keller Williams Platinum Realty - Wyomissing
(609) 442-9946
1 in this area
92 Total Sales
128 W Spring St Reading, PA 19601
Northwest Reading Neighborhood
Studio
3
Baths
2,196
Sq Ft
1,742
Sq Ft Lot
Highlights
- Traditional Architecture
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Porch
- Ceiling Fan
About This Home
As of July 2023**Multiple Offers Received. Highest & Best Deadline 12PM (End of Day) Friday July 7th**
Here is a great opportunity to own a well maintained 2 unit property in the City of Reading. Owners have owned the property for a very long time and have not increased monthly rent amounts. Market Rent for the first floor 2 bedroom is $1,100/month and $1,000/month for the 2nd level 2 bedroom apartment with owner paying all utilities. The cap rate is 10% based on market rents stated above.
Last Agent to Sell the Property
(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS362685 Listed on: 07/05/2023
Last Buyer's Agent
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks License #RS306212
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,400
Year Built
- Built in 1900
Lot Details
- 1,742
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,196 Sq Ft Home
- Ceiling Fan
- Basement Fills Entire Space Under The House
Schools
- Reading Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Porch
- 1,742 Sq Ft Lot
Listing and Financial Details
- The owner pays for all utilities
- Tax Lot 3693
- Assessor Parcel Number 15-5307-49-55-3693
Community Details
Overview
- 2 Units
- 3-Story Building
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
Jul 5, 2023
Closed on
Sep 15, 2023
Sold by
Bought by
Seller's Agent
Chris Marrella
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Vielka Garcia
Iron Valley Real Estate of Berks
List Price
$119,900
Sold Price
$153,000
Premium/Discount to List
$33,100
27.61%
Views
117
Purchase Details
Listed on
Jul 5, 2023
Closed on
Jul 26, 2023
Sold by
Bought by
Seller's Agent
Chris Marrella
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Vielka Garcia
Iron Valley Real Estate of Berks
List Price
$119,900
Sold Price
$153,000
Premium/Discount to List
$33,100
27.61%
Views
117
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $120,000 | None Listed On Document | ||
| $153,000 | None Listed On Document |
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 |
|---|---|---|---|---|
| 07/26/2023 07/26/23 | Sold | $153,000 | 0.0% | $70 / Sq Ft |
| 07/08/2023 07/08/23 | Pending | -- | -- | -- |
| 07/08/2023 07/08/23 | Off Market | $153,000 | -- | -- |
| 07/05/2023 07/05/23 | For Sale | $119,900 | -- | $55 / 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 | $1,550 | $54,900 | $9,600 | $45,300 |
| 2025 | $1,490 | $54,900 | $9,600 | $45,300 |
| 2024 | $2,438 | $54,900 | $9,600 | $45,300 |
| 2023 | $2,400 | $54,900 | $9,600 | $45,300 |
| 2022 | $2,400 | $54,900 | $9,600 | $45,300 |
| 2021 | $2,400 | $54,900 | $9,600 | $45,300 |
| 2020 | $2,376 | $54,900 | $9,600 | $45,300 |
| 2019 | $2,376 | $54,900 | $9,600 | $45,300 |
| 2018 | $2,376 | $54,900 | $9,600 | $45,300 |
| 2017 | $2,360 | $54,900 | $9,600 | $45,300 |
| 2016 | $1,348 | $54,900 | $9,600 | $45,300 |
| 2015 | $1,348 | $54,900 | $9,600 | $45,300 |
| 2014 | $1,241 | $54,900 | $9,600 | $45,300 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Marrella
-
Vielka Garcia
Buyer's Agent in 2023
Vielka Garcia
Iron Valley Real Estate of Berks
(484) 599-0869
9 in this area
173 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2031992
APN: 5307-49-55-3693
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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