NOT LISTED FOR SALE

147 S 6th St Reading, PA 19602

Estimated Value: $237,617

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold August 25, 2020

Last sale price $156,250

Est. 52% increase in value since last sale

Current estimated payment $1,359/month

101 Days on Market

Highlights

  • No HOA
  • Electric Baseboard Heater
  • Property is in very good condition
  • Ceramic Tile Flooring

About This Home

As of August 2020

INVESTORS DREAM!!!!Bring your creativity and design ideas This property is registered with the city as a residential triplex but offers additional space that could be used in multiple ways. This property is located within the Reading opportunity zone and could offer potential tax benefits for the next 10 years. Location, incentives and process must be verified and buyer should do their own due diligence as it relates to opportunity Zone investing.3rd floor features a 1 bedroom 1 bath apartment generating $500 monthly income. Tenant payes for their own utilities. The 2nd floor features a 1 bedroom 1 bath apartment in the front generating $500 monthly income and a 2 bedroom 1 bath apartment in the rear generating $575 monthly. The rents are below market value and could be raised. Both pay their own utilities. The 1st floor space is currently not being used. The possibilities are endless... .. Petition the city for an addiitoinal commercial unit. Petition the city for an additional residential unit. Renovate it into a large 2 bedroom residential unit and convert the 3rd floor into a large 3 bedroom unit and continue using it as a triplexDON'T Let this opportunity pass you by. Call for your private virtual tour NOW!!!

Last Agent to Sell the Property

Clair Mckoy

(484) 769-5680 clair.mckoy@icloud.com Iron Valley Real Estate of Berks Listed on: 03/04/2020

Iron Valley Real Estate of Berks

Co-Listed By

Melinda O'Neill

(610) 301-2742 moneill@empirebp.com Iron Valley Real Estate of Berks

Last Buyer's Agent

Kevin Paula

(347) 290-1254 kevin.paula@exprealty.com EXP Realty, LLC License #RS348659

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Combination Foundation

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 4160
  • Assessor Parcel Number 04-5306-27-89-4160

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: refrigerators and ranges
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Ceramic Tile, Carpet, Laminated, Vinyl
  • Basement: Yes
  • Basement Type: Combination
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • Spa: No
  • 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
  • Previous Twelve Months Electric Expense: 360.00
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 38100.00
  • Land Assessed Value: 10000.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good, Below Average, Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 3
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1442788
  • School Tax: 862.00
  • Tax Annual Amount: 2082.00
  • Assessor Parcel Number: 04-5306-27-89-4160
  • Tax Lot: 4160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Garcia Stanley J
Bought by
Garcia Stanley J and Heredia Yira M
Current Estimated Value
$237,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,340
Outstanding Balance
$249,438
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
-$11,821

Purchase Details

Listed on
Mar 4, 2020
Closed on
Aug 25, 2020
Sold by
Guiracocha Jose R
Bought by
Garcia Stanley J
Seller's Agent
Clair Mckoy
Iron Valley Real Estate of Berks
Buyer's Agent
Kevin Paula
EXP Realty, LLC
List Price
$160,000
Sold Price
$156,250
Premium/Discount to List
-$3,750
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$153,419
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2013
Sold by
Guiracocha Jose A
Bought by
Guiracocha Jose R

Purchase Details

Closed on
Mar 12, 2013
Sold by
Tax Claim Bureau Of Berks County
Bought by
Guiracocha Jose A

Purchase Details

Closed on
May 9, 2008
Sold by
Alcaneara Milagros
Bought by
Alcaneara Milagros and Cruz Carmen

Purchase Details

Closed on
Jun 9, 2004
Sold by
Caltagirone Rose M
Bought by
Alcantara Milagros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Garcia Stanley J -- None Listed On Document
Garcia Stanley J $156,250 Edge Abstract
Guiracocha Jose R -- Conestoga Title Insurance
Guiracocha Jose A $17,500 None Available
Alcaneara Milagros -- None Available
Alcantara Milagros $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Stanley J $252,340
Previous Owner Garcia Stanley J $153,419
Previous Owner Alcantara Milagros $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $156,250 -2.3% --
06/13/2020 06/13/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $160,000 0.0% --
05/19/2020 05/19/20 For Sale $160,000 +6.7% --
03/12/2020 03/12/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $150,000 -- --
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 $1,306 $48,100 $10,000 $38,100
2024 $2,136 $48,100 $10,000 $38,100
2023 $2,103 $48,100 $10,000 $38,100
2022 $2,103 $48,100 $10,000 $38,100
2021 $2,103 $48,100 $10,000 $38,100
2020 $2,082 $48,100 $10,000 $38,100
2019 $2,082 $48,100 $10,000 $38,100
2018 $2,082 $48,100 $10,000 $38,100
2017 $2,068 $48,100 $10,000 $38,100
2016 $862 $48,100 $10,000 $38,100
2015 $1,181 $48,100 $10,000 $38,100
2014 $1,087 $48,100 $10,000 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK355288

Bright MLS

APN: 04-5306-27-89-4160