NOT LISTED FOR SALE
Studio
3 Baths
3,209 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: August 25, 2020

Last sale price $195,000 $61 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 5-minute walk to Riverfront Park
  • No HOA
  • Property is in very good condition

About This Home

As of August 2020

Great 3 unit money maker. Just beautifully re-done through-out. Three large 1 bedroom apartments, fully occupied. Each unit self sufficient with gas heat and hot water. Each unit has open concept with living room, kitchen bedroom and bath. Units rent for $825, $875 and $625 per month. Tenants pay all utilities. Seller pays taxes and insurance. Lot next door to it would also be included tax id #05-5306-26-69-8299. 129 s. 3rd St...provides parking

Last Agent to Sell the Property

Donna Gross-Krufka

(610) 779-0914 dskpa@hotmail.com John Gross Real Estate Listed on: 07/02/2020

Last Buyer's Agent

Sheldon Zimmerman

(223) 227-2270 info@peakassetrealty.com Peak Asset Realty License #RS300848

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,209 Sq Ft Home
  • Brick Wall or Ceiling
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, snow removal, insurance
  • Tax Lot 8257
  • Assessor Parcel Number 05-5306-26-69-8257

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $24,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,619

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Laminated
  • Fireplace: No
  • Wall Ceiling Types: Brick, Dry Wall
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3209
  • Living Area Sq Ft: 3209
  • Price Per Sq Ft: 60.77
  • Above Grade Finished Sq Ft: 3209
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28400.00
  • Land Assessed Value: 9000.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Taxes - Real Estate, Snow Removal, Insurance
  • Total Actual Rent: 27900.00
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1443064
  • School Tax: 671.00
  • Tax Annual Amount: 1619.00
  • Assessor Parcel Number: 05-5306-26-69-8257
  • Tax Lot: 8257
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

Multi Family

  • Income Includes: Apartment Rentals

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
Oct 31, 2017
Closed on
Dec 5, 2017
Sold by
Federal National Mortgage Association
Bought by
Seller's Agent
Richard Sachetta
United Real Estate Strive 212
Buyer's Agent
Donna Gross-Krufka
John Gross Real Estate
List Price
$25,000
Sold Price
$40,100
Premium/Discount to List
$15,100
60.4%

Purchase Details

Closed on
Aug 24, 2017
Sold by
Doris V Guido Estate
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 28, 2013
Sold by
Phan Dung
Bought by
Guido Francis W and Guido Doris

Purchase Details

Closed on
Apr 1, 2013
Sold by
Guido Francis W and Guido Doris V
Bought by
Phan Dung
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Reading, PA

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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
$40,100 --
Federal National Mortgage Association -- --
Guido Francis W $1,000 None Available
Phan Dung $1,000 None Available
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 Prior Sale
08/25/2020 08/25/20 Sold $195,000 0.0% $61 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $195,000 +8.4% $61 / Sq Ft
07/02/2020 07/02/20 For Sale $179,900 +348.6% $56 / Sq Ft
12/08/2017 12/08/17 Sold $40,100 +60.4% $12 / Sq Ft View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $25,000 -- $8 / 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 $1,056 $37,400 $9,000 $28,400
2025 $1,015 $37,400 $9,000 $28,400
2024 $1,661 $37,400 $9,000 $28,400
2023 $1,635 $37,400 $9,000 $28,400
2022 $1,635 $37,400 $9,000 $28,400
2021 $1,635 $37,400 $9,000 $28,400
2020 $1,619 $37,400 $9,000 $28,400
2019 $1,619 $37,400 $9,000 $28,400
2018 $1,619 $37,400 $9,000 $28,400
2017 $1,608 $37,400 $9,000 $28,400
2016 $919 $37,400 $9,000 $28,400
2015 $919 $37,400 $9,000 $28,400
2014 $845 $37,400 $9,000 $28,400
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PABK360122

Bright MLS

APN: 5306-26-69-8257

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