NOT LISTED FOR SALE

Estimated Value: $411,284

-- Bed
-- Bath
2,771 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $300,000 $108 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,371/month

13 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Keffer Park
  • Corner Lot
  • Electric Baseboard Heater

About This Home

As of July 2022

Come take a look at this beautifully kept mixed use property. Separate heating and electric offering little overhead... Located just a few blocks away from the Fighting Phils Baseball stadium. It has easy access from Route 12, 5th street Highway, and Route 61. The commercial space is currently used as a beauty bar offering different types services with an attached residential space in the rear for an owner occupant. The upstairs which has its own private entrance is a 2 bedroom apartment that was renovated last year. Both units have their own gas furnaces and separate water heaters and electric meters. There's also another detached building in the behind the business with its own separate gas heating and electric. This space that was converted into an apartment but is currently vacant because the current owners did not apply for the rental permit. This building is very clean and well cared for. Don't miss your opportunity to own a piece of huge potential. Tenant upstairs pay 1250. The owner operates the business but could be rented for another $1250.

Last Agent to Sell the Property

David Baez

EXP Realty, LLC Listed on: 06/03/2022

EXP Realty, LLC

Last Buyer's Agent

Nehemiah Lindo

Coldwell Banker Realty License #RS344732

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1902

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,771 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 8949
  • Assessor Parcel Number 14-5307-26-69-8949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,299

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-06-03
  • Year Built: 1902
  • Automatically Close On Close Date: No
  • Remarks Public: Come take a look at this beautifully kept mixed use property. Separate heating and electric offering little overhead... Located just a few blocks away from the Fighting Phils Baseball stadium. It has easy access from Route 12, 5th street Highway, and Route 61. The commercial space is currently used as a beauty bar offering different types services with an attached residential space in the rear for an owner occupant. The upstairs which has its own private entrance is a 2 bedroom apartment that was renovated last year. Both units have their own gas furnaces and separate water heaters and electric meters. There's also another detached building in the behind the business with its own separate gas heating and electric. This space that was converted into an apartment but is currently vacant because the current owners did not apply for the rental permit. This building is very clean and well cared for. Don't miss your opportunity to own a piece of huge potential. Tenant upstairs pay 1250. The owner operates the business but could be rented for another $1250.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2771
  • Living Area Sq Ft: 2771
  • Price Per Sq Ft: 104.66
  • Above Grade Finished Sq Ft: 2771
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1763

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Road Surface Type: Us Highway/Interstate
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30500.00
  • Land Assessed Value: 22100.00
  • Land Use Code: 4115
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: MIXED
  • Zoning Description: Commercial front with residential units upstairs and rear.

Rental Info

  • Rent Control: No
  • Total Actual Rent: 2500.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1453179
  • School Tax: 943.00
  • Tax Annual Amount: 2299.00
  • Assessor Parcel Number: 14-5307-26-69-8949
  • Tax Lot: 8949
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/29/2022

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Aug 8, 2022
Sold by
Kenia Salvador
Bought by
Porte-Diaz Noemi
Seller's Agent
David Baez
EXP Realty, LLC
Buyer's Agent
Nehemiah Lindo
Coldwell Banker Realty
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%
Current Estimated Value
$411,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,284
Avg. Annual Appreciation
10.18%
Original Mortgage
$255,000
Outstanding Balance
$245,735
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$157,059

Purchase Details

Closed on
Oct 31, 2018
Sold by
Izzy Holdings Llc
Bought by
Salvador Kenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,190
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2015
Sold by
Berube Dwaine O
Bought by
Izzy Holdings Llc
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
Porte-Diaz Noemi $300,000 None Listed On Document
Salvador Kenia $127,500 None Available
Izzy Holdings Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porte-Diaz Noemi $255,000
Previous Owner Salvador Kenia $25,000
Previous Owner Salvador Kenia $125,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $300,000 +3.4% $108 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $290,000 0.0% $105 / Sq Ft
06/02/2022 06/02/22 Price Changed $290,000 -- $105 / 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 $1,428 $52,600 $22,100 $30,500
2024 $2,336 $52,600 $22,100 $30,500
2023 $2,299 $52,600 $22,100 $30,500
2022 $2,299 $52,600 $22,100 $30,500
2021 $2,299 $52,600 $22,100 $30,500
2020 $2,276 $52,600 $22,100 $30,500
2019 $2,276 $52,600 $22,100 $30,500
2018 $2,276 $52,600 $22,100 $30,500
2017 $2,261 $52,600 $22,100 $30,500
2016 $1,292 $52,600 $22,100 $30,500
2015 $1,292 $52,600 $22,100 $30,500
2014 $1,189 $52,600 $22,100 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2016770

Bright MLS

APN: 14-5307-26-69-8949