NOT LISTED FOR SALE

Estimated Value: $407,736

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

Last Sold April 09, 2021

Last sale price $93,000

Est. 338% increase in value since last sale

Current estimated payment $2,189/month

529 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of April 2021

This great investment with immediate income will be a great addition to any portfolio. Downtown Reading mixed use four unit building. Store front currently used as office space and one-bedroom apartment are on the first floor. The second floor contains two one-bedroom apartments. Ask about package deal for entire portfolio!

Last Agent to Sell the Property

David Yeager

(610) 985-7700 crstringer@msn.com Pagoda Realty License #RM422644 Listed on: 10/01/2019

Pagoda Realty

Last Buyer's Agent

Jose Manzueta

(610) 750-6078 josemanzueta946@gmail.com JM Diamond Realty License #RM426115

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1890

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • 2-Story Building

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heat, heater maintenance contract, insurance, repairs, sewer, sewer maintenance, trash collection, real estate taxes, water
  • Tax Lot 9258
  • Assessor Parcel Number 08-5307-76-91-9258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1890

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Common Area Maintenance, Gas, Heat, Heater Maintenance Contract, Insurance, Repairs, Sewer, Sewer Maintenance, Trash Collection, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 28020.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 533.00
  • Tax Annual Amount: 1285.00
  • Assessor Parcel Number: 08-5307-76-91-9258
  • Tax Lot: 9258
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Mar 31, 2021
Sold by
152 N 9Th Llc
Bought by
Jm Diamond Enterprises Llc
Seller's Agent
David Yeager
Pagoda Realty
Buyer's Agent
Jose Manzueta
JM Diamond Realty
List Price
$174,900
Sold Price
$93,000
Premium/Discount to List
-$81,900
-46.83%
Current Estimated Value
$407,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,736
Original Mortgage
$124,050
Outstanding Balance
$112,002
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2017
Sold by
Bisbo Enterprises Llc
Bought by
152 N 9Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 30, 2016
Sold by
Lubas Lawrence F and Lubas Kathleen F
Bought by
Bisbo Enterprises Llc
Seller's Agent
Rick Heffner
RE/MAX Of Reading
Buyer's Agent
Tim Bisbano
Keller Williams Philadelphia
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Purchase Details

Closed on
Sep 14, 1993
Bought by
Lubas Lawrence F and Lubas Kathleen F
Source: Public Records
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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
Jm Diamond Enterprises Llc $93,000 Stewart Abstract
152 N 9Th Llc $110,000 --
Bisbo Enterprises Llc $55,000 None Available
Lubas Lawrence F $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jm Diamond Enterprises Llc $124,050
Previous Owner 152 N 9Th Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2021 04/09/21 Sold $93,000 0.0% --
03/13/2021 03/13/21 Pending -- -- --
03/13/2021 03/13/21 Off Market $93,000 -- --
03/03/2021 03/03/21 Price Changed $109,500 -8.7% --
01/20/2021 01/20/21 Price Changed $119,900 -12.7% --
12/17/2020 12/17/20 Price Changed $137,400 -3.5% --
12/01/2020 12/01/20 Price Changed $142,400 -1.7% --
11/10/2020 11/10/20 Price Changed $144,900 -3.3% --
10/21/2020 10/21/20 Price Changed $149,900 -3.2% --
09/14/2020 09/14/20 Price Changed $154,900 -3.1% --
08/27/2020 08/27/20 Price Changed $159,900 -3.0% --
07/29/2020 07/29/20 Price Changed $164,900 -2.9% --
07/14/2020 07/14/20 Price Changed $169,900 -2.9% --
04/06/2020 04/06/20 For Sale $174,900 +88.1% --
03/31/2020 03/31/20 Off Market $93,000 -- --
01/07/2020 01/07/20 Price Changed $174,900 -2.8% --
10/01/2019 10/01/19 For Sale $179,900 +227.1% --
12/30/2016 12/30/16 Sold $55,000 -21.3% -- View Prior Sale
12/20/2016 12/20/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $69,900 -- --
Source: Bright MLS

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 $806 $29,700 $12,000 $17,700
2024 $1,319 $29,700 $12,000 $17,700
2023 $1,298 $29,700 $12,000 $17,700
2022 $1,298 $29,700 $12,000 $17,700
2021 $1,298 $29,700 $12,000 $17,700
2020 $1,285 $29,700 $12,000 $17,700
2019 $1,285 $29,700 $12,000 $17,700
2018 $1,285 $29,700 $12,000 $17,700
2017 $1,277 $29,700 $12,000 $17,700
2016 $729 $29,700 $12,000 $17,700
2015 $729 $29,700 $12,000 $17,700
2014 $671 $29,700 $12,000 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK347844

Bright MLS

APN: 08-5307-76-91-9258

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