Ivonn Reyes
Responds Quickly
Iron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
1 in District 8
$188,000 Price
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
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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
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
Closed on
Dec 18, 2020
Sold by
Ninth Street Properties Llc
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
$67,500
Outstanding Balance
$58,837
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 16, 2020
Closed on
Mar 11, 2020
Sold by
Reading Area Investments Llc
Bought by
Ninth Street Properties Llc
Seller's Agent
Lorraine Guthier
Iron Valley Real Estate of Berks
Buyer's Agent
AnnaMarie Ortiz
Coldwell Banker Realty
List Price
$91,000
Sold Price
$90,000
Premium/Discount to List
-$1,000
-1.1%
Purchase Details
Listed on
Apr 28, 2014
Closed on
Jul 14, 2014
Sold by
Tripolitis John G
Bought by
Reading Area Investments Llc
Seller's Agent
Alex Betances
Betances Realty Group
Buyer's Agent
Lorraine Guthier
Iron Valley Real Estate of Berks
List Price
$44,900
Sold Price
$36,000
Premium/Discount to List
-$8,900
-19.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$24,750
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 2013
Sold by
Tripolitis Shirley E
Bought by
Tripolitis John G
Purchase Details
Closed on
Oct 9, 2013
Sold by
Tripolitis Shirley E
Bought by
Tripolitis Shirley E
Purchase Details
Closed on
Aug 31, 1995
Bought by
Tripolitis George
Home Values in the Area
Average Home Value in this Area
Agents Specializing in District 8, PA
-
Ivonn Reyes
-
Erica Fair
Erica Fair
Iron Valley Real Estate of Berks
(484) 388-4814
159 Total Sales
1 in District 8
$155,000 Price
-
Joshua Forry
Joshua Forry
Responds QuicklyRE/MAX Of Reading
(484) 755-3559
150 Total Sales
2 in District 8
$110K - $164K Price Range
-
Jimmy Thelusca
Jimmy Thelusca
Responds QuicklyPagoda Realty ERA Powered
(862) 352-7532
128 Total Sales
1 in District 8
$170,000 Price
-
Marjorie DeJesus
Marjorie DeJesus
Responds QuicklyColdwell Banker Realty
(484) 878-3829
289 Total Sales
3 in District 8
$85K - $190K Price Range
-
Tricia Bubel
Tricia Bubel
Responds QuicklyRE/MAX Of Reading
(484) 755-3788
166 Total Sales
1 in District 8
$151,500 Price
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 |
|---|---|---|---|
| $90,000 | Stewart Abstract | ||
| Ninth Street Properties Llc | $90,000 | Stewart Abstract | |
| Reading Area Investments Llc | $36,000 | None Available | |
| Tripolitis John G | -- | None Available | |
| Tripolitis Shirley E | -- | None Available | |
| Tripolitis George | -- | -- |
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 | $67,500 | ||
| Previous Owner | Reading Area Investments Llc | $24,750 |
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 | 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
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 | $1,067 | $37,800 | $14,800 | $23,000 |
| 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
Seller's Agent in 2020
Lorraine Guthier
Iron Valley Real Estate of Berks
(484) 336-6378
78 Total Sales
-
AnnaMarie Ortiz
Buyer's Agent in 2020
AnnaMarie Ortiz
Coldwell Banker Realty
(610) 914-4727
1 in this area
26 Total Sales
-
Alex Betances
Seller's Agent in 2014
Alex Betances
Betances Realty Group
(610) 781-3518
16 Total Sales
Map
Source: Bright MLS
MLS Number: PABK353024
APN: 5316-32-38-9288
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