NOT LISTED FOR SALE

Estimated Value: $191,000 - $294,000

6 Beds
2 Baths
1,925 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2022

Last sale price $162,500 $84 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,325 / mo

6 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2022

This property is a large and very spacious 6 bedroom newly-rehabbed home with 2 full bathrooms. It is located in one of the most private and desirable areas of Reading City. This home features a balcony off of the second floor bedroom so you can relax and enjoy your favorite beverage before turning in for the night. The street is aesthetically pleasing with many trees and neighbors who take pride in ownership. This home has gas heat with a brand new furnace and is forced air. A washer dryer hook up is also available. Not only does this property serve as the perfect home for a big family, it can also serve as an amazing investment opportunity. The rent potential for a 6 bedroom home in this neighborhood, with respect to today's market, is between 1500.00 and 1700.00 dollars, accordingly. Not only can it generate some of the highest rents in the city. If a buyer would like to “house hack” he/she can purchase the home and rent rooms; with respect to current laws and variances. In today’s market, each bedroom can be rented at a minimum of 625.00 per month, which translates to 3,125.00 dollars per month with one room to spare for the buyer. The income generated from the rooms can easily cover your mortgage. Although this home is being sold as-is, where-is, no repairs are needed and has been fully rehabbed. FHA buyers are welcome. The property is near all amenities such as schools, shops, restaurants, drugstores, bus stations, grocery stores, health clinics, etc… Don’t miss out! Schedule your showing today.

Last Agent to Sell the Property

JOSE VAZQUEZ

(484) 273-0056 lighthouserealtylv@gmail.com Light House Realtors, LLC Listed on: 05/18/2022

Last Buyer's Agent

Joanna Rodriguez

(610) 750-6078 josemanzueta946@gmail.com JM Diamond Realty License #RS360716

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,925 Sq Ft Home
  • Property has 3 Levels
  • Improved Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5470
  • Assessor Parcel Number 16-5316-06-29-5470

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,356

Year Built

Built in 1905

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Improved
  • Laundry Type: Basement
  • Total Sq Ft: 1925
  • Living Area Sq Ft: 1925
  • Price Per Sq Ft: 88.26
  • Above Grade Finished Sq Ft: 1925
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 36400.00
  • Land Assessed Value: 17500.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1458232
  • School Tax: 966.00
  • Tax Annual Amount: 2356.00
  • Assessor Parcel Number: 16-5316-06-29-5470
  • Tax Lot: 5470
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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
May 18, 2022
Closed on
Jul 8, 2022
Sold by
Bought by
Seller's Agent
JOSE VAZQUEZ
Light House Realtors, LLC
Buyer's Agent
Joanna Rodriguez
JM Diamond Realty
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%
Current Estimated Value
$219,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,427
Avg. Annual Appreciation
7.74%
Original Mortgage
$158,083
Interest Rate
0.0562%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$162,500 Freedom Settlement Group Llc
$25,000 Stewart Abstract
$15,000 Conestoga Title Company
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 $158,083
Previous Owner $75,000
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
07/08/2022 07/08/22 Sold $162,500 -4.4% $84 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $169,900 -- $88 / 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 $1,522 $53,900 $17,500 $36,400
2025 $1,463 $53,900 $17,500 $36,400
2024 $2,393 $53,900 $17,500 $36,400
2023 $2,356 $53,900 $17,500 $36,400
2022 $2,356 $53,900 $17,500 $36,400
2021 $2,356 $53,900 $17,500 $36,400
2020 $2,333 $53,900 $17,500 $36,400
2019 $2,333 $53,900 $17,500 $36,400
2018 $2,333 $53,900 $17,500 $36,400
2017 $2,317 $53,900 $17,500 $36,400
2016 $966 $53,900 $17,500 $36,400
2015 $1,324 $53,900 $17,500 $36,400
2014 $1,218 $53,900 $17,500 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2016028

Bright MLS

APN: 16-5316-06-29-5470

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