NOT LISTED FOR SALE
Studio
3 Baths
2,256 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: September 27, 2019

Last sale price $64,000 $28 Per Sq Ft

2 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 3 Car Direct Access Garage
  • Corner Lot
  • Balcony
  • 4-minute walk to Eleventh and Pike Playground

About This Home

As of September 2019

Excellent money moneymaker! Very large NE Reading brick & stone Victorian 3 unit at the corner of Perry and N. 11th Streets with an oversized 2 car garage that is rented for $75/month to a neighbor. All units are rented. All units have tenant paid heat and utilities. Unit 1 - 1st floor has 3 rooms, 1 BR, electric baseboard heat, electric cooking, gas hot water, rented for $600/month. Unit 2 - 2nd floor has 4 rooms, 2 BRS, electric cooking, electric baseboard heat and electric hot water. Rented for $600/month. Unit 3 - 3rd floor is an efficiency, electric baseboard heat, gas cooking, gas hot water, rented for $360/month. The garage is rented for $75/month for years by a neighbor. Old oil boiler in basement is not being used. 200 AMP electric main with breakers. Gross income: $19,620. Total expenses: $6,297. Net income: $13,323. Expenses breakdown: Insurance - $700. Water/Sewer - $1,800. Trash/Recycling - $720. Taxes - $2,627. Electric - $350. Permits - $100. CAP Rate: 19.00%. The property is in need of some work inside and out and is being sold AS IS! Cash or conventional financing only! Will not last!

Last Agent to Sell the Property

Jose Candelaria

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 07/29/2019

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 07/29/2019

RE/MAX Of Reading
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire Escape

Flooring

  • Laminate
  • Vinyl

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Multi-Tank Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, sewer, sewer maintenance
  • Tax Lot 0327
  • Assessor Parcel Number 17-5317-37-17-0327

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $700
  • Other Expense $4,777
  • Trash Expense $720
  • Operating Expense $6
  • Net Operating Income $13,323

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling, Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: 3 Range/Ovens, 3 Refrigerators
  • New Construction: No
  • Other Expense: 4777.00
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Laminated
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 31.03
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Stone
  • Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
  • Roof: Asphalt, Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Built In, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Multi-Tank, Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 46600.00
  • Land Assessed Value: 14100.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Zoning: R3

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Sewer, Sewer Maintenance
  • Rent Control: No
  • Total Actual Rent: 19620.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1463296
  • School Tax: 1088.00
  • Tax Annual Amount: 2627.00
  • Assessor Parcel Number: 17-5317-37-17-0327
  • Tax Lot: 0327
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Gross Income: 19620.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

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 29, 2019
Closed on
Sep 27, 2019
Sold by
Mirigliano Edward and Mirigliano Stacy
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$70,000
Sold Price
$64,000
Premium/Discount to List
-$6,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Outstanding Balance
$18,638
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2011
Sold by
Rodriguez Javier Arce
Bought by
Mirigliano Edward and Mirigliano Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Becker Edward J and Becker Cynthia M
Bought by
Rodriguez Javier Arce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
6.15%
Mortgage Type
New Conventional
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
$64,000 Signature Abstract
Mirigliano Edward $67,000 None Available
Rodriguez Javier Arce $69,000 None Available
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
Open $51,200
Previous Owner Mirigliano Edward $50,250
Previous Owner Rodriguez Javier Arce $55,200
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
09/27/2019 09/27/19 Sold $64,000 -8.6% $28 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $70,000 -- $31 / 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 $1,714 $60,700 $14,100 $46,600
2025 $1,648 $60,700 $14,100 $46,600
2024 $2,695 $60,700 $14,100 $46,600
2023 $2,654 $60,700 $14,100 $46,600
2022 $2,654 $60,700 $14,100 $46,600
2021 $2,654 $60,700 $14,100 $46,600
2020 $2,627 $60,700 $14,100 $46,600
2019 $2,627 $60,700 $14,100 $46,600
2018 $2,627 $60,700 $14,100 $46,600
2017 $2,610 $60,700 $14,100 $46,600
2016 $1,491 $60,700 $14,100 $46,600
2015 $1,491 $60,700 $14,100 $46,600
2014 $1,372 $60,700 $14,100 $46,600
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PABK100079

Bright MLS

APN: 5317-37-17-0327

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