Seller's Agent in 2020
Lorraine Guthier
Iron Valley Real Estate of Berks
(484) 336-6378
2 in this area
86 Total Sales
1605 Perkiomen Ave Reading, PA 19602
District 8 Neighborhood
Studio
1
Bath
2,391
Sq Ft
1,742
Sq Ft Lot
Highlights
- Traditional Architecture
- Electric Baseboard Heater
- 1-minute walk to 16th & Haak Playground
- No HOA
- Carpet
About This Home
As of March 2020Looking for an investment property ? Do you want residual income without physical labor? Buy this fully occupied 2 unit with a 13.25 CAP rate. The first floor unit pays 625, has a year lease, is electric heat , good condition. The second floor unit is Section 8 approved, rent is 835, a yearly lease, has gas heat and in good condition. Owner pays for water, trash, sewer. Start generating income from day one, make an appointment to see this 2 unit today!
Last Agent to Sell the Property
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks Listed on: 01/16/2020
Last Buyer's Agent
(610) 373-9900 aortizrealestate@gmail.com Coldwell Banker Realty License #RS307633
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,636
Year Built
- Built in 1923
Lot Details
- 1,742 Sq Ft Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Metal Roof
- Stone Siding
Interior Spaces
- 2,391 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Utilities
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, real estate taxes, trash collection, water
- Assessor Parcel Number 16-5316-32-38-9288
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Net Operating Income $14,207
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/11/2020 03/11/20 | Sold | $90,000 | 0.0% | $38 / Sq Ft | |
| 02/16/2020 02/16/20 | Pending | -- | -- | -- | |
| 02/16/2020 02/16/20 | Off Market | $90,000 | -- | -- | |
| 01/27/2020 01/27/20 | Price Changed | $90,995 | 0.0% | $38 / Sq Ft | |
| 01/16/2020 01/16/20 | For Sale | $91,000 | +152.8% | $38 / Sq Ft | |
| 07/14/2014 07/14/14 | Sold | $36,000 | -19.8% | $15 / Sq Ft | View Prior Sale |
| 05/23/2014 05/23/14 | Pending | -- | -- | -- | |
| 04/28/2014 04/28/14 | For Sale | $44,900 | -- | $19 / Sq Ft |
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 | $1,026 | $37,800 | $14,800 | $23,000 |
| 2024 | $1,678 | $37,800 | $14,800 | $23,000 |
| 2023 | $1,652 | $37,800 | $14,800 | $23,000 |
| 2022 | $1,652 | $37,800 | $14,800 | $23,000 |
| 2021 | $1,652 | $37,800 | $14,800 | $23,000 |
| 2020 | $1,636 | $37,800 | $14,800 | $23,000 |
| 2019 | $1,636 | $37,800 | $14,800 | $23,000 |
| 2018 | $1,636 | $37,800 | $14,800 | $23,000 |
| 2017 | $1,625 | $37,800 | $14,800 | $23,000 |
| 2016 | $928 | $37,800 | $14,800 | $23,000 |
| 2015 | $928 | $37,800 | $14,800 | $23,000 |
| 2014 | $854 | $48,600 | $15,100 | $33,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Guthier
-
AnnaMarie Ortiz
Buyer's Agent in 2020
AnnaMarie Ortiz
Coldwell Banker Realty
(610) 914-4727
1 in this area
23 Total Sales
-
Alex Betances
Seller's Agent in 2014
Alex Betances
EXP Realty, LLC
(610) 926-8610
18 Total Sales
Map
Source: Bright MLS
MLS Number: PABK353024
APN: 5316-32-38-9288
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