NOT LISTED FOR SALE
Studio
-- Bath
2,996 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: August 12, 2024

Last sale price $360,000 $120 Per Sq Ft

64 Days on Market

Highlights

  • 0.06 Acre Lot
  • Forced Air Heating System
  • Property is in very good condition
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of August 2024

Welcome to 139 S 9th St, an investor's dream or an ideal owner-occupied residence where tenants cover your mortgage from day one. This recently renovated quadplex features two 2-bedroom units, one 1-bedroom unit, and a studio apartment, each boasting its own bathroom for convenience and privacy. The property has been thoughtfully updated with luxurious vinyl plank flooring throughout, brand new electrical systems, plumbing, and HVAC, ensuring modern comfort and efficiency. Each unit is separately metered, making utility management straightforward. With a gross annual rent exceeding $44,000, this property offers excellent cash flow potential. Don’t miss this fantastic opportunity to invest in a property that combines practicality and profitability. You wont want to miss out on this opportunity, Schedule your showings today!

Last Agent to Sell the Property

Robert Hoesterey

(302) 295-9430 rjhoesterey@gmail.com Crown Homes Real Estate License #RS341482 Listed on: 05/03/2024

Last Buyer's Agent

Robert Hoesterey

(302) 295-9430 rjhoesterey@gmail.com Crown Homes Real Estate License #RS341482 Listed on: 05/03/2024

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1890 | Remodeled in 2019

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • 2,996 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Schools

  • Reading Senior High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for water, trash collection, sewer, common area maintenance
  • Tax Lot 1200
  • Assessor Parcel Number 03-5316-21-09-1200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1890 | Remodeled in 2019

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Security system and all cameras
  • New Construction: No
  • Year Built: 1890
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Refrigerator
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2996
  • Living Area Sq Ft: 2996
  • Price Per Sq Ft: 135.18
  • Above Grade Finished Sq Ft: 2996
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: READING SENIOR

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.60
  • Property Condition: Very Good, Good
  • Zoning: RESD

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Trash Collection, Sewer, Common Area Maintenance
  • Total Actual Rent: 43200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 498.00
  • Tax Annual Amount: 1215.00
  • Assessor Parcel Number: 03-5316-21-09-1200
  • Tax Lot: 1200
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

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 3, 2024
Closed on
Jul 29, 2024
Sold by
Bought by
Seller's Agent
Robert Hoesterey
Crown Homes Real Estate
Buyer's Agent
Robert Hoesterey
Crown Homes Real Estate
List Price
$405,000
Sold Price
$360,000
Premium/Discount to List
-$45,000
-11.11%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$229,213
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2022
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
$225,600
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2017
Sold by
Bought by

Purchase Details

Listed on
May 21, 2013
Closed on
Jun 27, 2013
Sold by
Bought by
Seller's Agent
Richard Sachetta
United Real Estate Strive 212
Buyer's Agent
Matthew Stauffer
United Real Estate Strive 212
List Price
$25,000
Sold Price
$15,000
Premium/Discount to List
-$10,000
-40%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Bought by

Purchase Details

Closed on
May 27, 2005
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
$28,000
Interest Rate
5.71%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$358,000 None Listed On Document
-- --
$33,000 Regal Abstract
$11,000 --
$15,000 None Available
$2,300 None Available
$40,000 --
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 $250,000
Previous Owner $225,600
Previous Owner $28,000
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 Prior Sale
08/12/2024 08/12/24 Sold $360,000 -11.1% $120 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $405,000 0.0% $135 / Sq Ft
06/21/2024 06/21/24 For Sale $405,000 -3.5% $135 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $419,900 +2699.3% $140 / Sq Ft
07/03/2013 07/03/13 Sold $15,000 -40.0% -- View Prior Sale
07/02/2013 07/02/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $25,000 -- --
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 $785 $27,800 $9,900 $17,900
2025 $755 $27,800 $9,900 $17,900
2024 $1,234 $27,800 $9,900 $17,900
2023 $1,215 $27,800 $9,900 $17,900
2022 $1,215 $27,800 $9,900 $17,900
2021 $1,215 $27,800 $9,900 $17,900
2020 $1,203 $27,800 $12,000 $15,800
2019 $1,203 $27,800 $12,000 $15,800
2018 $1,203 $27,800 $12,000 $15,800
2017 $1,195 $27,800 $12,000 $15,800
2016 $498 $27,800 $12,000 $15,800
2015 $683 $27,800 $12,000 $15,800
2014 $628 $27,800 $12,000 $15,800
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PABK2042848

Bright MLS
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