$85,000
SOLD DEC 1, 2016
-- Bed
-- Bath
3,370 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

29% Below List Price

Highlights

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

About This Home

As of April 2021

HERE'S A GREAT MONEYMAKER!! Nice three-unit apartment building with good rental income. 1st Floor unit has 2-Bedrooms, 1-Bath, 2nd Floor unit has 1-Bedroom, 1-Bath and 3rd Floor unit has 1-Bedroom and 1-Bath. Tenants pay Gas Heat, Hot Water & Electric.

Last Agent to Sell the Property

Victoria Venezia

RE/MAX Of Reading License #RS227252L Listed on: 04/24/2014

RE/MAX Of Reading

Last Buyer's Agent

Cheryl Takach

RE/MAX Of Reading License #RS333330

RE/MAX Of Reading

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

  • Brick Exterior Construction

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • 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 0039
  • Assessor Parcel Number 16-5316-06-49-0039

Community Details

Overview

  • No Home Owners Association
  • Hessian Camp Subdivision

Building Details

  • Electric Expense $213
  • Insurance Expense $1,325
  • Maintenance Expense $454
  • Other Expense $195
  • Operating Expense $7,372

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: All Refrigerators And Ranges
  • New Construction: No
  • Other Expense: 195.00
  • Year Built: 1910
  • Remarks Public: HERE'S A GREAT MONEYMAKER!! Nice three-unit apartment building with good rental income. 1st Floor unit has 2-Bedrooms, 1-Bath, 2nd Floor unit has 1-Bedroom, 1-Bath and 3rd Floor unit has 1-Bedroom and 1-Bath. Tenants pay Gas Heat, Hot Water & Electric.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • 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: 1607

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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: 213.00
  • 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: 1626.00
  • 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: 66400.00
  • Land Assessed Value: 17400.00
  • 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: 1458468
  • Tax Annual Amount: 3603.00
  • Assessor Parcel Number: 16-5316-06-49-0039
  • Tax Lot: 0039
  • Tax Year: 2016
  • Close Date: 12/01/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Apr 2, 2021
Sold by
Taveras Yunaira Vanessa Leon
Bought by
Amadis Adrian Santiago
Seller's Agent
Gloria Garcia
United Real Estate Strive 212
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$169,900
Sold Price
$136,000
Premium/Discount to List
-$33,900
-19.95%
Current Estimated Value
$280,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,186
Avg. Annual Appreciation
17.50%
Original Mortgage
$133,536
Outstanding Balance
$120,828
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$156,591

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 6, 2019
Sold by
Five Star Holdings Llc
Bought by
Taveras Yunaira Vanessa Leon
Seller's Agent
Juan Cortes
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Gloria Garcia
United Real Estate Strive 212
List Price
$114,900
Sold Price
$114,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$5,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 24, 2014
Closed on
Dec 1, 2016
Sold by
Costantino Dominic M
Bought by
Five Star Holdings Llc
Seller's Agent
Victoria Venezia
RE/MAX Of Reading
Buyer's Agent
Cheryl Takach
RE/MAX Of Reading
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Oct 10, 2003
Sold by
Pangle Patricia R and Cacciacarne Patricia R
Bought by
Costantino 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
Not Available
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 $136,000 None Available
Deed $114,900 Edge Abstract
Deed $85,000 Attorney
Deed $81,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,536 FHA
Previous Owner $5,000 Stand Alone Second
Previous Owner $112,818 FHA
Previous Owner $64,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $136,000 0.0% $40 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/12/2020 10/12/20 Off Market $136,000 -- --
08/20/2020 08/20/20 For Sale $169,900 +47.9% $50 / Sq Ft
06/28/2019 06/28/19 Sold $114,900 0.0% $34 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/12/2019 06/12/19 Off Market $114,900 -- --
06/10/2019 06/10/19 For Sale $114,900 0.0% $34 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
05/01/2019 05/01/19 Off Market $114,900 -- --
04/22/2019 04/22/19 For Sale $114,900 +35.2% $34 / Sq Ft
12/01/2016 12/01/16 Sold $85,000 -29.1% $25 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
04/24/2014 04/24/14 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 $2,275 $83,800 $17,400 $66,400
2024 $3,721 $83,800 $17,400 $66,400
2023 $3,663 $83,800 $17,400 $66,400
2022 $3,663 $83,800 $17,400 $66,400
2021 $3,663 $83,800 $17,400 $66,400
2020 $3,627 $83,800 $17,400 $66,400
2019 $3,627 $83,800 $17,400 $66,400
2018 $3,627 $83,800 $17,400 $66,400
2017 $3,603 $83,800 $17,400 $66,400
2016 $2,058 $83,800 $17,400 $66,400
2015 $2,058 $83,800 $17,400 $66,400
2014 $1,894 $83,800 $17,400 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002905094

Bright MLS

APN: 16-5316-06-49-0039