NOT LISTED FOR SALE

1518 Friedensburg Rd Reading, PA 19606

Estimated Value: $243,101 - $274,000

-- Bed
1 Bath
2,608 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $149,000 $57 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,520/month

173 Days on Market

Highlights

  • 0.36 Acre Lot
  • No HOA
  • Parking Storage or Cabinetry
  • Farmhouse Style Home
  • 1 Car Detached Garage
  • Hot Water Heating System

About This Home

As of January 2021

Tenant in smaller unit would like to stay (paying under market 500/month), Tenant in front unit is moving out July 1, currently paying 1050/month

Last Agent to Sell the Property

William Beards

(610) 334-4527 bbeards@shapetec.com Springer Realty Group Listed on: 06/19/2020

Springer Realty Group

Last Buyer's Agent

Cheryl Takach

(610) 587-9183 ctakach@goberkscounty.com RE/MAX Of Reading License #RS333330

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1830

Lot Details

  • 0.36 Acre Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Gravel Driveway

Home Design

  • Duplex
  • Farmhouse Style Home
  • Stone Siding

Interior Spaces

  • 2,608 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, water
  • Tax Lot 5916
  • Assessor Parcel Number 23-5327-10-45-5916

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1830

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • Inclusions: Ranges / Refrigerators (2) / Washer / Dryer (2)
  • New Construction: No
  • Year Built: 1830
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2608
  • Living Area Sq Ft: 2608
  • Price Per Sq Ft: 57.13
  • Above Grade Finished Sq Ft: 2608
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 63000.00
  • Land Assessed Value: 27400.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: None
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water
  • Total Actual Rent: 18600.00
  • Units Furnished: Some
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1470492
  • School Tax: 3846.00
  • Tax Annual Amount: 5374.00
  • Assessor Parcel Number: 23-5327-10-45-5916
  • Tax Lot: 5916
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

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

MLS Schools

  • School District Name: ANTIETAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jan 20, 2021
Sold by
Dutch Valley Property Management Llc
Bought by
Perno Victoria Ann and Sloyer David Lee
Seller's Agent
William Beards
Springer Realty Group
Buyer's Agent
Cheryl Takach
RE/MAX Of Reading
List Price
$179,000
Sold Price
$149,000
Premium/Discount to List
-$30,000
-16.76%
Current Estimated Value
$257,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,275
Avg. Annual Appreciation
11.84%
Original Mortgage
$146,301
Outstanding Balance
$130,320
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$126,955

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 20, 2013
Sold by
Taras Eugene and Taras Dolores V
Bought by
Dutch Valley Property Management Llc
Seller's Agent
JOAN FLORENCE
RE/MAX Of Reading
Buyer's Agent
William Beards
Springer Realty Group
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Jan 30, 1987
Bought by
Taras Eugene and Taras Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perno Victoria Ann $149,000 Signature Abstract
Dutch Valley Property Management Llc $100,000 Conestoga Title Insurance Co
Taras Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perno Victoria Ann $146,301
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2021 01/20/21 Sold $149,000 0.0% $57 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $149,000 -6.3% $57 / Sq Ft
09/12/2020 09/12/20 Price Changed $159,000 -5.9% $61 / Sq Ft
07/15/2020 07/15/20 Price Changed $169,000 -5.6% $65 / Sq Ft
06/19/2020 06/19/20 For Sale $179,000 +79.0% $69 / Sq Ft
08/20/2013 08/20/13 Sold $100,000 0.0% $38 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
07/31/2013 07/31/13 Off Market $100,000 -- --
07/17/2013 07/17/13 For Sale $110,000 -- $42 / 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 $2,000 $90,400 $27,400 $63,000
2024 $5,876 $90,400 $27,400 $63,000
2023 $5,679 $90,400 $27,400 $63,000
2022 $5,499 $90,400 $27,400 $63,000
2021 $5,383 $90,400 $27,400 $63,000
2020 $5,234 $90,400 $27,400 $63,000
2019 $5,069 $90,400 $27,400 $63,000
2018 $5,016 $90,400 $27,400 $63,000
2017 $4,867 $90,400 $27,400 $63,000
2016 $1,357 $90,400 $27,400 $63,000
2015 $1,357 $90,400 $27,400 $63,000
2014 $1,289 $90,400 $27,400 $63,000
Source: Public Records

Agents Affiliated with this Home

  • William Beards

    Seller's Agent in 2021

    William Beards

    Springer Realty Group

    (610) 334-4527

    1 in this area

    61 Total Sales

    William Beards
    Section Image
  • Cheryl Takach

    Buyer's Agent in 2021

    Cheryl Takach

    RE/MAX of Reading

    (610) 587-9183

    1 in this area

    89 Total Sales

    Cheryl Takach
    Section Image

  • J

    Seller's Agent in 2013

    JOAN FLORENCE

    RE/MAX of Reading

See All Agents

Map

Source: Bright MLS

MLS Number: PABK359402

Bright MLS

APN: 23-5327-10-45-5916

Pennsylvania Berks County Reading 19606

1518 Friedensburg Rd, Reading, PA

Not Listed for Sale

MultiFamily

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