NOT LISTED FOR SALE

Estimated Value: $136,000 - $212,000

-- Bed
2 Baths
2,530 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $122,500 $48 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,035/month

2 Days on Market

About This Home

As of April 2024

2 unit w/ lots of potential. 1st floor unit needs a new kitchen and new full bath. Heater is Gas Hot Water but fairly new. 2 separate hot water heaters and 2 separate electric meters. Financning may be tough on this because of the 1st floor unit. VACANT 1st and 2nd unit.

Last Agent to Sell the Property

Brad Weisman

(484) 256-5836 brad@bradweisman.com Keller Williams Platinum Realty - Wyomissing License #AB069629 Listed on: 04/07/2024

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Rebecca Quell

(610) 406-2274 rebeccaquell@weikelrealtygroup.com Keller Williams Platinum Realty - Wyomissing License #RS356625

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1915

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,530 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for heat, gas
  • Tax Lot 6556
  • Assessor Parcel Number 16-5316-06-29-6556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,238

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: 2 unit w/ lots of potential. 1st floor unit needs a new kitchen and new full bath. Heater is Gas Hot Water but fairly new. 2 separate hot water heaters and 2 separate electric meters. Financning may be tough on this because of the 1st floor unit. VACANT 1st and 2nd unit.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 2530
  • Living Area Sq Ft: 2530
  • Price Per Sq Ft: 35.53
  • Above Grade Finished Sq Ft: 2530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 140

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
  • Type Of Parking: On Street

Utilities

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

Schools

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

Lot Info

  • Land Use Code: 117R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Heat, Gas
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 918.00
  • Tax Annual Amount: 2238.00
  • Assessor Parcel Number: 16-5316-06-29-6556
  • Tax Lot: 6556
  • Tax Total Finished Sq Ft: 2530
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/22/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
Apr 29, 2024
Sold by
Helms Russell V
Bought by
M3-5 Llc
Seller's Agent
Brad Weisman
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Rebecca Quell
Keller Williams Platinum Realty - Wyomissing
List Price
$89,900
Sold Price
$122,500
Premium/Discount to List
$32,600
36.26%
Views
68
Current Estimated Value
$173,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,746
Avg. Annual Appreciation
26.41%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Ciabattoni Barry S and Ciabattoni Anndria Davide
Bought by
Helms Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,040
Interest Rate
8.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
M3-5 Llc $122,500 None Listed On Document
Helms Russell $55,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helms Russell $50,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $122,500 +36.3% $48 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $89,900 -- $36 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $1,390 $51,200 $14,200 $37,000
2024 $2,273 $51,200 $14,200 $37,000
2023 $2,238 $51,200 $14,200 $37,000
2022 $2,238 $51,200 $14,200 $37,000
2021 $2,238 $51,200 $14,200 $37,000
2020 $2,216 $51,200 $14,200 $37,000
2019 $2,216 $51,200 $14,200 $37,000
2018 $2,216 $51,200 $14,200 $37,000
2017 $2,201 $51,200 $14,200 $37,000
2016 $1,257 $51,200 $14,200 $37,000
2015 $1,257 $51,200 $14,200 $37,000
2014 $1,157 $51,200 $14,200 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2041694

Bright MLS

APN: 16-5316-06-29-6556