NOT LISTED FOR SALE

1612 Penn Ave Reading, PA 19610

Estimated Value: $227,000 - $322,000

-- Bed
2 Baths
1,462 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $180,000 $123 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,472/month

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Wyomissing Hills Elementary Center Rated A-

About This Home

As of June 2022

Great opportunity to own a 2 unit in Wyomissing Boro. Two 1 Bedroom, 1 Bath units. First floor unit has a long term tenant. Second floor is vacant and has the potential for the attic space to be turned into a second bedroom. Separate hot water heaters and panel boxes. Roof was replaced on both the house and garage in 2019. Owner pays for gas heat, water/sewer/trash. 2 car detached garage with driveway .

Last Agent to Sell the Property

Graziellina Kerber

(484) 638-2907 gkerber@goberkscounty.com RE/MAX Of Reading License #RS303086 Listed on: 04/24/2022

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1920

Lot Details

  • 5,662 Sq Ft Lot
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • 1,462 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 8618
  • Assessor Parcel Number 96-4396-06-47-8618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,625

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Inclusions: All appliances
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Great opportunity to own a 2 unit in Wyomissing Boro. Two 1 Bedroom, 1 Bath units. First floor unit has a long term tenant. Second floor is vacant and has the potential for the attic space to be turned into a second bedroom. Separate hot water heaters and panel boxes. Roof was replaced on both the house and garage in 2019. Owner pays for gas heat, water/sewer/trash. 2 car detached garage with driveway .
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1462
  • Living Area Sq Ft: 1462
  • Price Per Sq Ft: 119.70
  • Above Grade Finished Sq Ft: 1462
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1612

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43500.00
  • Land Assessed Value: 37600.00
  • Land Use Code: 161
  • Lot Size Acres: 0.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1591400
  • School Tax: 2639.00
  • Tax Annual Amount: 3625.00
  • Assessor Parcel Number: 96-4396-06-47-8618
  • Tax Lot: 8618
  • Tax Page Number: 25
  • Tax Total Finished Sq Ft: 1462
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/03/2022

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jun 3, 2022
Sold by
George R Miller Irrevocable Trust
Bought by
Jpf Property Group Llc
Seller's Agent
Graziellina Kerber
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Current Estimated Value
$258,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,932
Avg. Annual Appreciation
11.50%

Purchase Details

Listed on
Feb 26, 2015
Closed on
Nov 25, 2015
Sold by
Heller Stephen L
Bought by
Miller George Robert and Miller Matthew G
Seller's Agent
Randy Weidner
RE/MAX Of Reading
Buyer's Agent
Judy Brown
GKS Brown Realty Services
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Sep 18, 1997
Bought by
Heller Stephen L
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 Buyer Sale Price Title Company
Jpf Property Group Llc $180,000 None Listed On Document
Miller George Robert $110,000 None Available
Heller Stephen L $69,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $180,000 0.0% $123 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/28/2022 04/28/22 Off Market $180,000 -- --
04/24/2022 04/24/22 For Sale $175,000 +59.1% $120 / Sq Ft
11/25/2015 11/25/15 Sold $110,000 -15.3% $75 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $129,900 -- $89 / 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 $1,189 $81,100 $37,600 $43,500
2024 $3,858 $81,100 $37,600 $43,500
2023 $3,610 $81,100 $37,600 $43,500
2022 $3,625 $81,100 $37,600 $43,500
2021 $3,574 $81,100 $37,600 $43,500
2020 $3,515 $81,100 $37,600 $43,500
2019 $3,424 $81,100 $37,600 $43,500
2018 $3,376 $81,100 $37,600 $43,500
2017 $3,353 $81,100 $37,600 $43,500
2016 $896 $81,100 $37,600 $43,500
2015 $896 $81,100 $37,600 $43,500
2014 $896 $81,100 $37,600 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Graziellina Kerber

    Seller's Agent in 2022

    Graziellina Kerber

    RE/MAX of Reading

    (484) 638-2907

    7 in this area

    79 Total Sales

    Graziellina Kerber
    Section Image
  • Jose Candelaria

    Buyer's Agent in 2022

    Jose Candelaria

    RE/MAX of Reading

    (610) 207-8066

    23 in this area

    213 Total Sales

    Jose Candelaria
    Section Image
  • Randy Weidner

    Seller's Agent in 2015

    Randy Weidner

    RE/MAX of Reading

    (610) 780-7426

    16 in this area

    85 Total Sales

    Randy Weidner
    Section Image
  • Judy Brown

    Buyer's Agent in 2015

    Judy Brown

    GKS Brown Realty Services

    (484) 220-1000

    2 in this area

    52 Total Sales

    Judy Brown
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2014832

Bright MLS

APN: 96-4396-06-47-8618

Pennsylvania Berks County Reading 19610

1612 Penn Ave, Reading, PA

This home is located at 1612 Penn Ave, Reading, PA 19610 since 24 April 2022 and is currently estimated at $258,932, approximately $177 per square foot. This property was built in 1920. 1612 Penn Ave is a home located in Berks County with nearby schools including Wyomissing Hills Elementary Center, West Reading Elementary Center, and Wyomissing Area Junior-Senior High School.

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