NOT LISTED FOR SALE

1420 Elizabeth Ave Reading, PA 19605

Estimated Value: $282,856

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $210,000

Est. 35% increase in value since last sale

Current estimated payment $1,649/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Air
  • No HOA
  • Ramp on the main level
  • 4-minute walk to Laureldale Park

About This Home

As of June 2021

Welcome to 1420 Elizabeth Ave. This is a large 2 family home located in Lauderdale that is now available for a new owner! Plenty of opportunities to consider. This home can serve as a property to live in one unit and have the other unit pay the mortgage! Also purchase as an investment property in a great location with a high demand to rent out. The property also once served as a commercial space and could serve to operate as a location to run a business in the 1st floor unit with a rental in second floor. ( Currently 2 unit residential, check with local zoning for business approval and requirements). The first floor offers a 2 bedroom 1.5 bath apt. Open lay out with living room, dinning room and a spacious kitchen. The second floor offers a 3 bedroom 1 bath apt with its own laundry room and additional room appropriate for storage or small office. Each unit has separate laundry facilities. This large home has a wrap around drive way, allowing for plenty of private parking. 2 access driveway points. Appropriate for at least 5+ cars. The first floor is also ramp accessible in the front entrance and there is a side entrance as well. Request a private tour of this great corner property today! Second floor is currently tenant occupied. First floor is currently vacant.

Last Agent to Sell the Property

Juan Cortes

(610) 463-6693 jcortes@homesale.com BHHS Homesale Realty- Reading Berks Listed on: 04/13/2021

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Jose Serrano

(240) 426-5806 jay@mikecolemanteam.com Keller Williams Realty Devon-Wayne

Keller Williams Realty Devon-Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Traditional Architecture

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • Basement Fills Entire Space Under The House
  • Ramp on the main level
  • Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for heat, sewer, real estate taxes, trash collection, water
  • Tax Lot 3005
  • Assessor Parcel Number 57-5319-17-10-3005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,050
  • Manager Expense $8
  • Other Expense $5,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,736

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Property, Second Floor Washer Dryer, Metal Shed
  • Inclusions: 2 Stoves, 2 Refrigerators, first floor Washer and Dryer - As Is
  • New Construction: No
  • Other Expense: 5025.00
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to 1420 Elizabeth Ave. This is a large 2 family home located in Lauderdale that is now available for a new owner! Plenty of opportunities to consider. This home can serve as a property to live in one unit and have the other unit pay the mortgage! Also purchase as an investment property in a great location with a high demand to rent out. The property also once served as a commercial space and could serve to operate as a location to run a business in the 1st floor unit with a rental in second floor. ( Currently 2 unit residential, check with local zoning for business approval and requirements). The first floor offers a 2 bedroom 1.5 bath apt. Open lay out with living room, dinning room and a spacious kitchen. The second floor offers a 3 bedroom 1 bath apt with its own laundry room and additional room appropriate for storage or small office. Each unit has separate laundry facilities. This large home has a wrap around drive way, allowing for plenty of private parking. 2 access driveway points. Appropriate for at least 5+ cars. The first floor is also ramp accessible in the front entrance and there is a side entrance as well. Request a private tour of this great corner property today! Second floor is currently tenant occupied. First floor is currently vacant.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1420

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Road Surface Type: Paved
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Paved Parking, Private
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Off Street, Parking Lot
  • Number of Spaces in Driveway: 2
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 7.50

Schools

  • School District: MUHLENBERG
  • School District Key: 300200397508
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4115
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Heat, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 23208.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3221.00
  • Tax Annual Amount: 4736.00
  • Assessor Parcel Number: 57-5319-17-10-3005
  • Tax Lot: 3005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/04/2021

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 4, 2021
Sold by
Zielinski Kristie L and Zielinski Matthew C
Bought by
Rondon Awilda
Seller's Agent
Juan Cortes
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Jose Serrano
Keller Williams Realty Devon-Wayne
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$282,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,856
Avg. Annual Appreciation
7.09%
Original Mortgage
$206,196
Outstanding Balance
$186,685
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$96,171

Purchase Details

Closed on
Oct 25, 2005
Sold by
Distefano Andrew and Distefano Rosaria
Bought by
Zielinski Matthew C and Zielinski Kristie L

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
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2001
Sold by
Woods Corinne M
Bought by
Webb Daniel P and Webb Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rondon Awilda $210,000 Title Services
Zielinski Matthew C $152,000 None Available
Webb Daniel P $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rondon Awilda $206,196
Previous Owner Zielinski Matthew C $20,000
Previous Owner Webb Daniel P $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $210,000 0.0% --
04/23/2021 04/23/21 Off Market $210,000 -- --
04/22/2021 04/22/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $209,900 -- --
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 $1,710 $104,800 $33,100 $71,700
2024 $5,161 $104,800 $33,100 $71,700
2023 $4,893 $104,800 $33,100 $71,700
2022 $4,814 $104,800 $33,100 $71,700
2021 $4,736 $104,800 $33,100 $71,700
2020 $4,736 $104,800 $33,100 $71,700
2019 $4,639 $104,800 $33,100 $71,700
2018 $4,482 $104,800 $33,100 $71,700
2017 $4,400 $104,800 $33,100 $71,700
2016 $1,363 $104,800 $33,100 $71,700
2015 $1,363 $104,800 $33,100 $71,700
2014 $1,363 $104,800 $33,100 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK375894

Bright MLS

APN: 57-5319-17-10-3005