NOT LISTED FOR SALE

1605 Delaware Ave Reading, PA 19610

Wyomissing Area

Estimated Value: $289,000 - $303,000

Studio
2 Baths
1,642 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2022

Last sale price $231,000 $141 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,731 / mo

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Property is in excellent condition
  • West Reading Elementary Center Rated A-
  • Hot Water Heating System

About This Home

As of April 2022

Terrific investment opportunity in the heart of Old Wyomissing. This clean 2 unit, is fully leased and turnkey from day one. Offered for sale along with triplex located at 2226 Reading Ave (Tax ID

Last Agent to Sell the Property

Justin Horst

(610) 985-7700 crstringer@msn.com Pagoda Realty ERA Powered License #RS314105 Listed on: 02/02/2022

Pagoda Realty ERA Powered

Co-Listed By

Jimmy Thelusca

(610) 985-7700 crstringer@msn.com Pagoda Realty ERA Powered License #RS333622

Last Buyer's Agent

Eric Miller

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS316200

RE/MAX Of Reading
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,160

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,642 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1603
  • Assessor Parcel Number 96-4396-07-57-1603

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,384
  • Net Operating Income $13,716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,160

Year Built

Built in 1920

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All tenant property
  • Inclusions: All major kitchen appliances, washer/dryer
  • New Construction: No
  • Expected On Market: 2/2/2022 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1642
  • Living Area Sq Ft: 1642
  • Price Per Sq Ft: 133.92
  • Above Grade Finished Sq Ft: 1642
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 20100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2301.00
  • Tax Annual Amount: 3160.00
  • Assessor Parcel Number: 96-4396-07-57-1603
  • Tax Lot: 1603
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Operating Expense: 6384.45

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 6, 2022
Sold by
Bought by
Seller's Agent
Justin Horst
Pagoda Realty ERA Powered
Buyer's Agent
Eric Miller
RE/MAX Of Reading
List Price
$219,900
Sold Price
$231,000
Premium/Discount to List
$11,100
5.05%
Current Estimated Value
$297,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,721
Avg. Annual Appreciation
6.05%
Original Mortgage
$166,500
Outstanding Balance
$152,957
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$144,764

Purchase Details

Closed on
Jan 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,551
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Reading, PA

  • Debby Moore Real Estate Agent - Kingsway Realty - Ephrata

    Debby Moore

    Responds Quickly

    Kingsway Realty - Ephrata

    (223) 216-7628

    109 Total Sales

    1 in Wyomissing

    $209,900 Price

    Debby Moore
     Section Image
  • Nada Laguna Real Estate Agent - EveryHome Realtors

    Nada Laguna

    Responds Quickly

    EveryHome Realtors

    (570) 968-8076

    243 Total Sales

    1 in Wyomissing

    $140,000 Price

    Nada Laguna
     Section Image
  • Ash Freese Real Estate Agent - Amo Realty

    Ash Freese

    Amo Realty

    (610) 463-0487

    64 Total Sales

    3 in Wyomissing

    $273K - $285K Price Range

    Ash Freese
     Section Image
  • Ruth Koup Real Estate Agent - Keller Williams Realty

    Ruth Koup

    Keller Williams Realty

    (717) 726-9911

    82 Total Sales

    1 in Wyomissing

    $255,000 Price

    Ruth Koup
     Section Image
  • Richard Sachetta Real Estate Agent - United Real Estate Strive 212

    Richard Sachetta

    United Real Estate Strive 212

    (484) 878-5932

    46 Total Sales

    2 in Wyomissing

    $150K - $370K Price Range

    Richard Sachetta
     Section Image
  • Todd Sell Real Estate Agent - Pagoda Realty ERA Powered

    Todd Sell

    Responds Quickly

    Pagoda Realty ERA Powered

    (484) 772-2844

    151 Total Sales

    2 in Wyomissing

    $165K - $240K Price Range

    Todd Sell
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$231,000 Conestoga Title
$78,000 --
-- --
$3,600 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $166,500
Previous Owner $70,551
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $231,000 0.0% $141 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/03/2022 02/03/22 Off Market $231,000 -- --
02/02/2022 02/02/22 For Sale $219,900 -- $134 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,107 $70,700 $30,800 $39,900
2025 $1,037 $70,700 $30,800 $39,900
2024 $3,363 $70,700 $30,800 $39,900
2023 $3,147 $70,700 $30,800 $39,900
2022 $3,160 $70,700 $30,800 $39,900
2021 $3,115 $70,700 $30,800 $39,900
2020 $3,064 $70,700 $30,800 $39,900
2019 $2,985 $70,700 $30,800 $39,900
2018 $2,943 $70,700 $30,800 $39,900
2017 $2,923 $70,700 $30,800 $39,900
2016 $781 $70,700 $30,800 $39,900
2015 $781 $70,700 $30,800 $39,900
2014 $781 $70,700 $30,800 $39,900
Source: Public Records

Agents Affiliated with this Home

  • Justin Horst Real Estate Agent - Pagoda Realty ERA Powered

    Seller's Agent in 2022

    Justin Horst

    Pagoda Realty ERA Powered

    (610) 223-7664

    114 Total Sales

    Justin Horst
    Section Image
  • Jimmy Thelusca Real Estate Agent - Pagoda Realty ERA Powered

    Seller Co-Listing Agent in 2022

    Jimmy Thelusca

    Pagoda Realty ERA Powered

    (973) 666-1188

    131 Total Sales

    Jimmy Thelusca
    Section Image
  • Eric Miller Real Estate Agent - RE/MAX of Reading

    Buyer's Agent in 2022

    Eric Miller

    RE/MAX of Reading

    (610) 685-3103

    211 Total Sales

    Eric Miller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2010760

Bright MLS

APN: 96-4396-07-57-1603

Pennsylvania Berks County Reading 19610

1605 Delaware Ave, Reading, PA

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