NOT LISTED FOR SALE

1720 Perkiomen Ave Reading, PA 19602

18th and Cotton Neighborhood

Estimated Value: $154,978 - $223,000

Studio
1 Bath
1,540 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2016

Last sale price $60,000 $39 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,097 / mo

6 Days on Market

Highlights

  • 0.06 Acre Lot
  • No HOA
  • 4-minute walk to 16th & Haak Playground
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of August 2016

Investment Opportunity! 2 units, 1st floor 1-bedroom unit & 2nd floor 2-bedroom unit, both in excellent condition. Units are spacious, with nice size bedrooms, long term tenants. New roof, replacement windows, code inspected, off-street parking, good cash flow. Good property for owner occupied/investor!

Last Agent to Sell the Property

Ed Hong

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS-294036 Listed on: 07/11/2016

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Jeffrey Martin

(610) 779-2500 office@c21gold.com Century 21 Gold License #RS219358L

Century 21 Gold

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 6906
  • Assessor Parcel Number 16-5316-32-47-6906

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $700
  • Maintenance Expense $200
  • Operating Expense $6,763

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 40.26
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Annual Heating Expense: 1500.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2600.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: READING SENIOR

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1784.00
  • Assessor Parcel Number: 16-5316-32-47-6906
  • Tax Lot: 6906
  • Tax Year: 2016

MLS Schools

  • School District Name: READING

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
Aug 1, 2022
Sold by
Bought by
Current Estimated Value
$181,995

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 30, 2016
Sold by
Bought by
Seller's Agent
Ed Hong
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Jeffrey Martin
Century 21 Gold
List Price
$62,000
Sold Price
$60,000
Premium/Discount to List
-$2,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Apr 30, 2003
Sold by
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
$67,367
Interest Rate
5.86%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in 18th and Cotton, PA

  • Jerry Buffa Real Estate Agent - Coldwell Banker Realty

    Jerry Buffa

    Coldwell Banker Realty

    (484) 878-3654

    151 Total Sales

    1 in 18th and Cotton

    $65,000 Price

    Jerry Buffa
     Section Image
  • Erica Fair Real Estate Agent - Iron Valley Real Estate of Berks

    Erica Fair

    Iron Valley Real Estate of Berks

    (484) 388-4814

    158 Total Sales

    2 in 18th and Cotton

    $95K - $150K Price Range

    Erica Fair
     Section Image
  • Anthony Borelli Real Estate Agent - Century 21 Gold

    Anthony Borelli

    Century 21 Gold

    (484) 755-3767

    268 Total Sales

    10 in 18th and Cotton

    $71K - $435K Price Range

    Anthony Borelli
     Section Image
  • Jennifer Grosskopf Real Estate Agent - KW Empower

    Jennifer Grosskopf

    KW Empower

    (888) 477-1296

    115 Total Sales

    1 in 18th and Cotton

    $109,000 Price

    Jennifer Grosskopf
     Section Image
  • Richard Sachetta Real Estate Agent - United Real Estate Strive 212

    Richard Sachetta

    United Real Estate Strive 212

    (484) 878-5932

    45 Total Sales

    1 in 18th and Cotton

    $30,500 Price

    Richard Sachetta
     Section Image
  • Todd Sell Real Estate Agent - Pagoda Realty ERA Powered

    Todd Sell

    Pagoda Realty ERA Powered

    (484) 772-2844

    152 Total Sales

    1 in 18th and Cotton

    $91,000 Price

    Todd Sell
     Section Image
See All Agents

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
-- Rick Stock Law
$60,000 None Available
$67,900 --
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
Previous Owner $67,367
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
08/30/2016 08/30/16 Sold $60,000 -3.2% $39 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $62,000 -- $40 / 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 $1,172 $41,500 $19,300 $22,200
2025 $1,126 $41,500 $19,300 $22,200
2024 $1,843 $41,500 $19,300 $22,200
2023 $1,814 $41,500 $19,300 $22,200
2022 $1,814 $41,500 $19,300 $22,200
2021 $1,814 $41,500 $19,300 $22,200
2020 $1,796 $41,500 $19,300 $22,200
2019 $1,796 $41,500 $19,300 $22,200
2018 $1,796 $41,500 $19,300 $22,200
2017 $1,784 $41,500 $19,300 $22,200
2016 $1,019 $41,500 $19,300 $22,200
2015 $1,019 $41,500 $19,300 $22,200
2014 $938 $41,500 $19,300 $22,200
Source: Public Records

Agents Affiliated with this Home

  • Ed Hong Real Estate Agent - Keller Williams Platinum Realty - Wyomissing

    Seller's Agent in 2016

    Ed Hong

    Keller Williams Platinum Realty - Wyomissing

    (484) 269-3638

    42 Total Sales

    Ed Hong
    Section Image
  • Jeffrey Martin Real Estate Agent - Century 21 Gold

    Buyer's Agent in 2016

    Jeffrey Martin

    Century 21 Gold

    (610) 207-8474

    2 in this area

    174 Total Sales

    Jeffrey Martin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003896105

Bright MLS

APN: 16-5316-32-47-6906

Pennsylvania Berks County Reading 19602 18th and Cotton

1720 Perkiomen Ave, Reading, PA

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