NOT LISTED FOR SALE

1564 Perkiomen Ave Reading, PA 19602

18th and Cotton Neighborhood

Estimated Value: $127,510

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

Last Sold October 22, 2020

Last sale price $87,000

Est. 47% increase in value since last sale

Current estimated payment $768/month

186 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Electric Baseboard Heater
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to 16th & Haak Playground

About This Home

As of October 2020

COME TO SEE THIS POTENCIAL Nice 2 unit with a detached garage. RECENTLY WAS RENT AS 1 FAMILY. The first floor front years ago was a Barbershop. Could be a 1 bdrm studio apartment and will pay $650 a month, separate electric heat. 1/2 Bath. The second floor is a 3 bdrms 1.5 bath, will pay $795 and is gas heat.. The garage could be rente for $75 a month . This building is Zoning commercial, 1st floor front but because the parking garage available Zoning may approve for a studio apartment. ."SELLING AS IS".

Last Agent to Sell the Property

Renso Minaya

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 License #RS301073 Listed on: 03/09/2020

United Real Estate Strive 212

Last Buyer's Agent

Susan Robitzer

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 License #RS177046L

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Rubber Roof

Basement

  • Walk-Out Basement
  • Rear Basement Entry

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, snow removal, trash collection, water
  • Tax Lot 8114
  • Assessor Parcel Number 16-5316-32-38-8114

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,649

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Walkout Level, Walkout Stairs
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Roof: Flat, Rubber
  • Spa: No
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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
  • Zoning Description: Mixed Res/Comm

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Insurance, Sewer, Snow Removal, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 16200.00
  • Vacation Rental: No

Tax Info

  • School Tax: 683.00
  • Tax Annual Amount: 1649.00
  • Assessor Parcel Number: 16-5316-32-38-8114
  • Tax Lot: 8114
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 16200.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Oct 22, 2020
Sold by
Valdez Altagracia D
Bought by
Peralta Carmen Celia
Seller's Agent
Renso Minaya
United Real Estate Strive 212
Buyer's Agent
Susan Robitzer
United Real Estate Strive 212
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%
Current Estimated Value
$127,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,510
Avg. Annual Appreciation
7.28%
Original Mortgage
$69,600
Outstanding Balance
$37,229
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$90,281

Purchase Details

Closed on
Dec 8, 2006
Sold by
Steigerwalt Lee R and Steigerwalt Phyllis N
Bought by
Valdez Altagracia D
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
Peralta Carmen Celia $87,000 None Available
Valdez Altagracia D $30,000 Conestoga Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peralta Carmen Celia $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $87,000 0.0% --
09/11/2020 09/11/20 Pending -- -- --
09/11/2020 09/11/20 Off Market $87,000 -- --
08/10/2020 08/10/20 Price Changed $84,900 -5.6% --
05/21/2020 05/21/20 For Sale $89,900 +3.3% --
04/26/2020 04/26/20 Off Market $87,000 -- --
03/09/2020 03/09/20 For Sale $89,900 -- --
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 $1,034 $38,100 $20,300 $17,800
2024 $1,692 $38,100 $20,300 $17,800
2023 $1,666 $38,100 $20,300 $17,800
2022 $1,666 $38,100 $20,300 $17,800
2021 $1,666 $38,100 $20,300 $17,800
2020 $1,649 $38,100 $20,300 $17,800
2019 $1,649 $38,100 $20,300 $17,800
2018 $1,649 $38,100 $20,300 $17,800
2017 $1,638 $38,100 $20,300 $17,800
2016 $936 $38,100 $20,300 $17,800
2015 $936 $38,100 $20,300 $17,800
2014 $861 $38,100 $20,300 $17,800
Source: Public Records

Agents Affiliated with this Home

  • Renso Minaya

    Seller's Agent in 2020

    Renso Minaya

    United Real Estate Strive 212

    (610) 587-8673

    3 in this area

    144 Total Sales

    Renso Minaya
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Robitzer

    United Real Estate Strive 212

    (704) 880-0510

    3 in this area

    39 Total Sales

    Susan Robitzer
    Section Image
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Map

Source: Bright MLS

MLS Number: PABK355508

Bright MLS

APN: 16-5316-32-38-8114

Pennsylvania Berks County Reading 19602 18th and Cotton

1564 Perkiomen Ave, Reading, PA

Not Listed for Sale

MultiFamily

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