Seller's Agent in 2019
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
1 in this area
203 Total Sales
1350 Perkiomen Ave Reading, PA 19602
Saint Mary's Neighborhood
Studio
3
Baths
2,972
Sq Ft
3,920
Sq Ft Lot
Highlights
- 0.09 Acre Lot
- Corner Lot
- 4 Car Detached Garage
- Victorian Architecture
- No HOA
- Hot Water Heating System
About This Home
As of April 2019Huge Victorian brick 3 unit plus a huge 4 car garage fully rented with long term tenants. All units are very spacious and all with in unit washer & dryer. Unit 1, 1st floor has 5 rooms, 2 BRS, hardwood floor, all electric heat, hot water & cooking and all paid by the tenant, rented for $805/month by a 3 year tenant. Unit 2, 2nd floor has 5 rooms, 2 Private BRS, hardwood floor, all electric baseboard heat, hot water, cooking all paid by tenant, rented for $750/month by a 3 year tenant. Unit 3, 3rd floor has 4 rooms, 2 private BRS, Gas hot water heat, gas hot water and electric cooking all paid by tenant, rear deck with awesome 270 degree views, rented for $745/month by a Section 8 tenant. The huge 4 car garage is rented for $250/month and has a front and side entrance. 200 AMP electric main with 4 - 100 AMP breaker panels. Hardwired smoke detectors in the common areas. Covered and side composite front porch. Total annual income $30,600. Total expenses $4,786. Taxes: $2,449. Insurance: $489. Electric: $348. W/S-Trash-Recycling: $1500. Net income: $25,814. Cap Rate 21%. Fantastic money making investment property in need of some work but still a good buy! Being sold AS IS!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 04/06/2019
Last Buyer's Agent
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 04/06/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,449
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Corner Lot
- Property is in good condition
Parking
- 4 Car Detached Garage
- Front Facing Garage
- Side Facing Garage
- On-Street Parking
Home Design
- Triplex
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Asphalt Roof
- Stone Siding
Interior Spaces
- 2,972 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- 200+ Amp Service
- Multi-Tank Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for insurance, sewer, real estate taxes, trash collection, water
- Tax Lot 5635
- Assessor Parcel Number 16-5316-31-28-5635
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $489
- Other Expense $4,197
- Operating Expense $4,786
- Gross Income $30,600
- Net Operating Income $25,814
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
Apr 6, 2019
Closed on
Apr 17, 2019
Sold by
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$125,000
Sold Price
$125,000
Purchase Details
Closed on
Oct 28, 2005
Sold by
Bought by
Purchase Details
Closed on
Apr 24, 2002
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
$20,000
Interest Rate
0.0705%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $125,000 | Signature Abstract | ||
| $52,000 | None Available | ||
| $14,000 | Conestoga Title Berks |
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 |
|---|---|---|---|
| Closed | $463,297 | ||
| Closed | $20,000 |
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 |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $125,000 | 0.0% | $42 / Sq Ft |
| 04/06/2019 04/06/19 | Pending | -- | -- | -- |
| 04/06/2019 04/06/19 | For Sale | $125,000 | -- | $42 / 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 | $1,598 | $56,600 | $19,600 | $37,000 |
| 2025 | $1,536 | $56,600 | $19,600 | $37,000 |
| 2024 | $2,513 | $56,600 | $19,600 | $37,000 |
| 2023 | $2,474 | $56,600 | $19,600 | $37,000 |
| 2022 | $2,474 | $56,600 | $19,600 | $37,000 |
| 2021 | $2,474 | $56,600 | $19,600 | $37,000 |
| 2020 | $2,449 | $56,600 | $19,600 | $37,000 |
| 2019 | $2,449 | $56,600 | $19,600 | $37,000 |
| 2018 | $2,449 | $56,600 | $19,600 | $37,000 |
| 2017 | $2,433 | $56,600 | $19,600 | $37,000 |
| 2016 | $1,390 | $56,600 | $19,600 | $37,000 |
| 2015 | $1,390 | $56,600 | $19,600 | $37,000 |
| 2014 | $1,279 | $56,600 | $19,600 | $37,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
Map
Source: Bright MLS
MLS Number: PABK339176
APN: 5316-31-28-5635
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