NOT LISTED FOR SALE

1300 Lancaster Ave Reading, PA 19607

Estimated Value: $417,000 - $434,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $275,600

Est. 52% increase in value since last sale

Current estimated payment $2,455/month

138 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 90% Forced Air Heating System
  • Corner Lot
  • Summer or Winter Changeover Switch For Hot Water
  • Back Yard

About This Home

As of July 2020

4 units. Lower level unit 1 formerly known as Sellari's Grocery Store which opened 1980. 2nd level Unit 2, electricity is included. 2nd Level unit 3 is a ranch style apartment attached to the main dwelling. 3rd Level Unit 4 pays their own electric. Heat, water, sewer and Trash is paid for by Owner. There are about 5 macadam parking spaces in the rear of the property . Overall property condition is very Good.

Last Agent to Sell the Property

Cecilia Leone

Century 21 Emerald Listed on: 11/01/2019

Century 21 Emerald

Last Buyer's Agent

Jesus De La Mora

Realty One Group Alliance

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Back Yard
  • Property is in good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Parking

  • 6 Open Parking Spaces
  • Parking Lot
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Heating System Uses Oil
  • Summer or Winter Changeover Switch For Hot Water
  • Municipal Trash

Additional Features

  • Natural lighting in basement
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4782
  • Assessor Parcel Number 54-5306-17-21-4782

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit
  • Insurance Expense $2,546
  • Maintenance Expense $3,826
  • Other Expense $1,224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,566

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Other Expense: 1224.00
  • Year Built: 1940
  • Remarks Public: 4 units. Lower level unit 1 formerly known as Sellari's Grocery Store which opened 1980. 2nd level Unit 2, electricity is included. 2nd Level unit 3 is a ranch style apartment attached to the main dwelling. 3rd Level Unit 4 pays their own electric. Heat, water, sewer and Trash is paid for by Owner. There are about 5 macadam parking spaces in the rear of the property . Overall property condition is very Good.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1300

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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: 6
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 61900.00
  • Land Assessed Value: 70400.00
  • Land Use Code: 4118
  • Lot Features: Corner, Rear Yard
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: C-1

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Total Actual Rent: 33600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1526694
  • School Tax: 3784.00
  • Tax Annual Amount: 5566.00
  • Assessor Parcel Number: 54-5306-17-21-4782
  • Tax Lot: 4782
  • Tax Page Number: 41
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/17/2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jul 14, 2020
Sold by
Sellari Joan M and Kline Maria Ann
Bought by
Aponte Ronald Rodriguez
Seller's Agent
Cecilia Leone
Century 21 Emerald
Buyer's Agent
Jesus De La Mora
Realty One Group Alliance
List Price
$274,800
Sold Price
$275,600
Premium/Discount to List
$800
0.29%
Current Estimated Value
$418,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,851
Avg. Annual Appreciation
8.41%
Original Mortgage
$270,608
Outstanding Balance
$243,028
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$172,073

Purchase Details

Closed on
Jan 31, 2003
Sold by
Sellari Anthony M and Kline Maria Ann
Bought by
Sellari Anthony M and Sellari Joan M
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Aponte Ronald Rodriguez $275,600 None Available
Sellari Anthony M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aponte Ronald Rodriguez $270,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $275,600 +0.3% --
06/30/2020 06/30/20 For Sale $274,800 -0.3% --
03/18/2020 03/18/20 Pending -- -- --
03/10/2020 03/10/20 Off Market $275,600 -- --
02/19/2020 02/19/20 Price Changed $274,800 -3.6% --
11/01/2019 11/01/19 For Sale $285,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,962 $132,300 $70,400 $61,900
2024 $5,855 $132,300 $70,400 $61,900
2023 $5,698 $132,300 $70,400 $61,900
2022 $5,632 $132,300 $70,400 $61,900
2021 $5,566 $132,300 $70,400 $61,900
2020 $5,566 $132,300 $70,400 $61,900
2019 $5,500 $132,300 $70,400 $61,900
2018 $5,405 $132,300 $70,400 $61,900
2017 $5,302 $132,300 $70,400 $61,900
2016 $1,682 $132,300 $70,400 $61,900
2015 $1,682 $132,300 $70,400 $61,900
2014 $1,682 $132,300 $70,400 $61,900
Source: Public Records

Agents Affiliated with this Home

  • Cecilia Leone

    Seller's Agent in 2020

    Cecilia Leone

    Century 21 Emerald

    (484) 794-5959

    155 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jesus De La Mora

    Realty One Group Alliance

    (484) 794-2150

    1 in this area

    129 Total Sales

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Map

Source: Bright MLS

MLS Number: PABK350248

Bright MLS

APN: 54-5306-17-21-4782

Pennsylvania Berks County Reading 19607

1300 Lancaster Ave, Reading, PA

This home is located at 1300 Lancaster Ave, Reading, PA 19607 since 01 November 2019 and is currently estimated at $425,458. This property was built in 1940. 1300 Lancaster Ave is a home located in Berks County with nearby schools including Governor Mifflin Intermediate School, Mifflin Park Elementary School, and Governor Mifflin Middle School.

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