NOT LISTED FOR SALE
-- Bed
4 Baths
2,300 Sq Ft
1,742 Sq Ft Lot

Last Sold September 25, 2023

Last sale price $300,000 $130 Per Sq Ft

17 Days on Market

About This Home

As of September 2023

Same owners since 1989
4 units with long term tenants that would like to stay but understand their rents must increase.
Well maintained and in good condition. The first floor unit has new kitchen and bath with recent improvements of $7200. 5 separate electric meters and separate electric hot water heaters.
Utilities paid by sellers: water, sewer, and trash: $3360, oil: $4360, owners electric: $230, insurance: $1219
Rentals are all month to month: Basement: $550, 1st floor: $700, 2nd floor 650 , 3rd floor: $450 (this tenant, Ramon, helps with the maintenance) Total monthly income: $2,350.

Transferable heating system service contract with Superior Plus.

Last Listed By

Linda Manzella

Iron Valley Real Estate of Berks License #RS087286A Listed on: 08/07/2023

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Home Design

  • 2,300 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof

Kitchen

  • Electric Oven or Range

Partially Finished Basement

  • Walk-Out Basement
  • Side Exterior Basement Entry

Parking

  • 1 Parking Space
  • 1 Off-Street Space
  • Gravel Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Insurance Expense $1,219

Listing and Financial Details

  • The owner pays for heat, heater maintenance contract, insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 3276
  • Assessor Parcel Number 15-5307-49-55-3276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 4 refrigerators and 4 stoves Basement and first floor tenants own their own stoves * 2 other stoves are in storage in the property
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Walkout Level, Side Entrance
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 143.43
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 19
  • Previous Twelve Months Electric Expense: 228.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 363.33
  • Heating Oil Prev12 Months: 4360.00
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Other
  • Monthly Water Average: 280
  • Water Previous Twelve Months: 3360.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 138R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RES: 2-4 FAM

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Heat, Heater Maintenance Contract, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 27424.00
  • Vacation Rental: No

Tax Info

  • School Tax: 929.00
  • Tax Annual Amount: 2264.00
  • Assessor Parcel Number: 15-5307-49-55-3276
  • Tax Lot: 3276
  • Tax Total Finished Sq Ft: 2300
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/25/2023

Multi Family

  • Gross Income: 27424.00

MLS Schools

  • School District Name: READING

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $300,000 -9.1% $130 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $329,900 -5.7% $143 / Sq Ft
08/07/2023 08/07/23 For Sale $350,000 -- $152 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2033268

Bright MLS

APN: 5307-49-55-3276