NOT LISTED FOR SALE

1311 Mineral Spring Rd Reading, PA 19602

Penn's Common Neighborhood
3 Beds
3 Baths
3,388 Sq Ft
5,227 Sq Ft Lot

Last Sold June 07, 2019

Last sale price $141,500 $42 Per Sq Ft

Highlights

  • 0.12 Acre Lot
  • No HOA
  • Heating Available
  • Victorian Architecture
  • 1 Car Detached Garage

About This Home

As of June 2019

Beautiful and excellently maintained, detached fully occupied 3- unit apartment building and detached garage in a great location on Mineral Spring Rd.This is a turn-key property, ready for the next investor. The property has hardwood floors through- out and all units are 1 bedroom with a very spacious floor plan. All appliances remain and there is a washer and dryer plus three secured storage areas in the basement for the tenants use. This building has economical gas heat and the tenants pay their own. electric which includes their hot water. Also, there are replacement windows and the roof is approximately 10 years old. There is a nice private courtyard in the rear of the property for the tenants use ang a one car detached garage that could also be rented.The first floor is on a one year lease: $850.00/mo. The second floor is month to month at $675.00 and the third floor is also month to month at $600.00. They are all good solid tenants.This is a great opportunity to add a trouble free property to your portfolio or for the buyer that what s to start their invest career by lining in one unit and using the income from the other two to help build equity. You really want to look at this one.

Last Agent to Sell the Property

Scott Goetz

(610) 621-8342 sgoetz@c21gold.com Century 21 Gold License #RS110187a Listed on: 05/08/2019

Century 21 Gold

Last Buyer's Agent

Anthony Borelli

(610) 507-3520 anthonyborelli@comcast.net Century 21 Gold License #RS227951L

Century 21 Gold

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-3

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,388 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating Available
  • 100 Amp Service
  • Public Septic

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 4112
  • Assessor Parcel Number 16-5316-22-29-4112

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Inclusions: All appliances
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Beautiful and excellently maintained, detached fully occupied 3- unit apartment building and detached garage in a great location on Mineral Spring Rd.This is a turn-key property, ready for the next investor. The property has hardwood floors through- out and all units are 1 bedroom with a very spacious floor plan. All appliances remain and there is a washer and dryer plus three secured storage areas in the basement for the tenants use. This building has economical gas heat and the tenants pay their own. electric which includes their hot water. Also, there are replacement windows and the roof is approximately 10 years old. There is a nice private courtyard in the rear of the property for the tenants use ang a one car detached garage that could also be rented.The first floor is on a one year lease: $850.00/mo. The second floor is month to month at $675.00 and the third floor is also month to month at $600.00. They are all good solid tenants.This is a great opportunity to add a trouble free property to your portfolio or for the buyer that what s to start their invest career by lining in one unit and using the income from the other two to help build equity. You really want to look at this one.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3388
  • Living Area Sq Ft: 3388
  • Price Per Sq Ft: 46.31
  • Above Grade Finished Sq Ft: 3388
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1311

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 59600.00
  • Land Assessed Value: 29800.00
  • Land Use Code: 138
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Year Assessed: 2019
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458605
  • School Tax: 1603.00
  • Tax Annual Amount: 3869.00
  • Assessor Parcel Number: 16-5316-22-29-4112
  • Tax Lot: 4112
  • Tax Total Finished Sq Ft: 3388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/07/2019

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
06/07/2019 06/07/19 Sold $141,500 0.0% $42 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/22/2019 05/22/19 Off Market $141,500 -- --
05/08/2019 05/08/19 For Sale $156,900 -- $46 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Goetz

    Seller's Agent in 2019

    Scott Goetz

    Century 21 Gold

    (610) 621-8342

    75 Total Sales

    Scott Goetz
    Section Image
  • Anthony Borelli

    Buyer's Agent in 2019

    Anthony Borelli

    Century 21 Gold

    (610) 507-3520

    2 in this area

    280 Total Sales

    Anthony Borelli
    Section Image
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Map

Source: Bright MLS

MLS Number: PABK341080

Bright MLS

APN: 5316-22-29-4112

Pennsylvania Berks County Reading 19602 Penn's Common

1311 Mineral Spring Rd, Reading, PA

This home is located at 1311 Mineral Spring Rd, Reading, PA 19602 since 08 May 2019. This property was built in 1900. 1311 Mineral Spring Rd is a home located in Berks County with nearby schools including 16th & Haak Elementary School, Central Middle School, and Reading Senior High School.

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