NOT LISTED FOR SALE

1614 Penn Ave Reading, PA 19610

Studio
2 Baths
1,935 Sq Ft
9,583 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $200,000 $103 Per Sq Ft

9 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Wyomissing Hills Elementary Center Rated A-
  • No HOA
  • Oversized Parking

About This Home

As of September 2019

Wyomissing 2 Unit! Great Location near all the local hot spots of Wyomissing! All redone inside PLUS brand new mechanicals (heaters and water heaters)! Spacious 1st floor unit with 2 bedrooms, enclosed front porch, central air, new walls, paint, refreshed hardwood flooring with additional newer carpeting and flooring, new bathroom fixtures, new windows, yard,. Projected rent is $1000/mo. 2nd floor features 2 bedrooms, new bath, new flooring throughout, spacious rooms! Private entrance and deck. Projected rent is $900/mo. Lots of storage in basement, and brand new 1 car detached garage for additional revenue! Live in one unit and rent out the other!

Last Agent to Sell the Property

Megan Blew

(610) 921-3141 stoutsold@aol.com Stout Associates Realtors Listed on: 07/31/2019

Last Buyer's Agent

Michele McCartney

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS166910L

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,935 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for heat, sewer, water, trash collection
  • Tax Lot 7676
  • Assessor Parcel Number 96-4396-06-47-7676

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $1,800
  • Maintenance Expense $500
  • Other Expense $2,200
  • Gross Income $22,800
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

9,583 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 2200.00
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1935
  • Living Area Sq Ft: 1935
  • Price Per Sq Ft: 108.48
  • Above Grade Finished Sq Ft: 1935
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 59100.00
  • Land Assessed Value: 57800.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Heat, Sewer, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 22800.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1591398
  • School Tax: 3675.00
  • Tax Annual Amount: 5026.00
  • Assessor Parcel Number: 96-4396-06-47-7676
  • Tax Lot: 7676
  • Tax Page Number: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: WYOMISSING AREA
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $200,000 0.0% $103 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/09/2019 08/09/19 Off Market $200,000 -- --
07/31/2019 07/31/19 For Sale $209,900 -- $108 / 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 $1,584 $108,000 $57,800 $50,200
2024 $5,138 $108,000 $57,800 $50,200
2023 $4,808 $108,000 $57,800 $50,200
2022 $5,226 $116,900 $57,800 $59,100
2021 $5,151 $116,900 $57,800 $59,100
2020 $5,067 $116,900 $57,800 $59,100
2019 $5,156 $122,100 $57,800 $64,300
2018 $5,082 $122,100 $57,800 $64,300
2017 $5,047 $122,100 $57,800 $64,300
2016 $1,349 $122,100 $57,800 $64,300
2015 $1,349 $122,100 $57,800 $64,300
2014 $1,349 $122,100 $57,800 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK100047

Bright MLS

APN: 4396-06-47-7676

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