$87,000
SOLD OCT 28, 2016
-- Bed
-- Bath
3,370 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

27% Below List Price

890 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 3-minute walk to 16th & Haak Playground
  • No HOA
  • Hot Water Heating System

About This Home

As of September 2020

YOU BE THE LANDLORD! Great three-unit apartment building with good cash flow. 1sr Floor unit, 2-Bedrooms, 1-Bath, 2nd Floor unit, 1-Bedroom, 1-Bath and 3rd Floor unit, 1-Bedroom, 1-Bath. Tenants pay all utilities!!

Last Agent to Sell the Property

Victoria Venezia

RE/MAX Of Reading License #RS227252L Listed on: 04/30/2014

RE/MAX Of Reading

Last Buyer's Agent

Alicia Bressler

Century 21 Gold License #RS277771

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,370 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0019
  • Assessor Parcel Number 16-5316-06-49-0019

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $205
  • Insurance Expense $1,325
  • Maintenance Expense $419
  • Other Expense $195
  • Operating Expense $7,285

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: All Ranges And Refrigerators
  • New Construction: No
  • Other Expense: 195.00
  • Year Built: 1910
  • Remarks Public: YOU BE THE LANDLORD! Great three-unit apartment building with good cash flow. 1sr Floor unit, 2-Bedrooms, 1-Bath, 2nd Floor unit, 1-Bedroom, 1-Bath and 3rd Floor unit, 1-Bedroom, 1-Bath. Tenants pay all utilities!!
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3370
  • Living Area Sq Ft: 3370
  • Price Per Sq Ft: 28.78
  • Above Grade Finished Sq Ft: 3370
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1605

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 205.00
  • Electric Service: 100 Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1578.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 68300.00
  • Land Assessed Value: 15600.00
  • Land Use Code: 163
  • Lot Size Acres: 0.11
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1458467
  • Tax Annual Amount: 3607.00
  • Assessor Parcel Number: 16-5316-06-49-0019
  • Tax Lot: 0019
  • Tax Year: 2016
  • Close Date: 10/28/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 16, 2020
Sold by
Austin Okechukwu Llc
Bought by
Felix Estephany Marmolejos
Seller's Agent
Alicia Bressler
Century 21 Gold
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$169,900
Sold Price
$128,000
Premium/Discount to List
-$41,900
-24.66%
Total Days on Market
890
Current Estimated Value
$258,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,295
Avg. Annual Appreciation
16.00%
Original Mortgage
$125,681
Outstanding Balance
$112,792
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$145,503

Purchase Details

Closed on
May 11, 2018
Sold by
Okechukwu Austin
Bought by
Austin Okechu Llc

Purchase Details

Listed on
Apr 30, 2014
Closed on
Oct 28, 2016
Sold by
Costantino Dominic M
Bought by
Okechukwu Austin
Seller's Agent
Victoria Venezia
RE/MAX Of Reading
Buyer's Agent
Alicia Bressler
Century 21 Gold
List Price
$119,900
Sold Price
$87,000
Premium/Discount to List
-$32,900
-27.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
Oct 10, 2003
Sold by
Pangle Patricia R and Cacciacarne Patricia R
Bought by
Constantino Dominic M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $128,000 None Available
Deed $80,000 Abstracting Company Of Berks
Deed $87,000 None Available
Deed $81,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,681 FHA
Previous Owner $64,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $128,000 -24.7% $38 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $169,900 +95.3% $50 / Sq Ft
10/28/2016 10/28/16 Sold $87,000 -27.4% $26 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
04/30/2014 04/30/14 For Sale $119,900 -- $36 / 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 $2,277 $83,900 $15,600 $68,300
2024 $3,726 $83,900 $15,600 $68,300
2023 $3,668 $83,900 $15,600 $68,300
2022 $3,668 $83,900 $15,600 $68,300
2021 $3,668 $83,900 $15,600 $68,300
2020 $3,631 $83,900 $15,600 $68,300
2019 $3,631 $83,900 $15,600 $68,300
2018 $3,631 $83,900 $15,600 $68,300
2017 $3,607 $83,900 $15,600 $68,300
2016 $2,061 $83,900 $15,600 $68,300
2015 $2,061 $83,900 $15,600 $68,300
2014 $1,896 $83,900 $15,600 $68,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002905036

Bright MLS

APN: 16-5316-06-49-0019