Seller's Agent in 2021
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
203 Total Sales
19 Reading Ave Reading, PA 19610
Estimated Value: $306,544 - $355,000
Studio
3
Baths
2,128
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Porch
- West Reading Elementary Center Rated A-
- Victorian Architecture
- Double Pane Windows
About This Home
As of December 2021Wyomissing Borough very large Victorian semi-detached brick 3 unit fully rented and in overall good condition. Some longterm tenants. Paved off-street parking for 3 cars. Oil S/W winter heat and hot water paid for by the owner. tenants pay for their electric. Owner pays for W/S/T/R. Covered front porch and rear 2nd level deck. Laundry hookup in basement. Attached storage in the rear of the building. 200 AMP electric with 4 - 100 AMP breaker panels. Unit 1 - 1st floor has 4 rooms, 2 private BRS, liv, kit, bath, electric cooking, tenant pays electric, $895 a month by a 20 plus year tenant. Unit 2 - 2nd floor has 4 rooms, 2 private BRS, liv, kit, bath, electric cooking, rear deck, parking space, rented for $975 a month by a 1 year tenant on a M/M basis. Unit 3 - 3rd floor is an efficiency, 2 rooms, electric cooking, electric baseboard in the bathroom, rented for $675 a month by a 8 month tenant on a one year lease. Annual income: $30,540. Total expenses: $8,000. NOI: $22,540. Cap rate: 8%. Expenses breakdown: Taxes: $3451. Insurance: $628. Oil: $1470. Owner's Electric: $413. W/S/T/R: $1938. Excellent investment opportunity in the very popular Wyomissing School District and just a short walk to West Reading Strip with restaurants, shopping and offering a multitude of events and activities and near major roads, schools and the hospital. A must for your investment portfolio. Being sold AS IS!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 11/03/2021
Last Buyer's Agent
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 11/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,451
Year Built
- Built in 1925
Lot Details
- 3,049 Sq Ft Lot
- Property is in good condition
Home Design
- Triplex
- Victorian Architecture
- Brick Exterior Construction
- Pitched Roof
- Rubber Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,128 Sq Ft Home
- Ceiling Fan
- Double Pane Windows
- Replacement Windows
- Electric Oven or Range
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Parking Spaces
- 3 Off-Street Spaces
- Driveway
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Porch
Schools
- Wyomissing Area Junior-Senior High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Oil
- Above Ground Utilities
- 200+ Amp Service
- Summer or Winter Changeover Switch For Hot Water
- Oil Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for heat, insurance, lawn/shrub care, repairs, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
- Tax Lot 3256
- Assessor Parcel Number 96-4397-20-90-3256
Community Details
Overview
- 3 Units
- 4-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $628
- Other Expense $7,272
- Operating Expense $8,000
- Net Operating Income $22,540
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
Listed on
Nov 3, 2021
Closed on
Jan 11, 2022
Sold by
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$280,000
Sold Price
$258,000
Premium/Discount to List
-$22,000
-7.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,386
Avg. Annual Appreciation
6.24%
Purchase Details
Listed on
Apr 28, 2016
Closed on
Nov 23, 2016
Sold by
Bought by
Seller's Agent
Anthony Borelli
Century 21 Gold
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$194,900
Sold Price
$180,000
Premium/Discount to List
-$14,900
-7.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$135,000
Interest Rate
3.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 25, 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
$99,000
Interest Rate
5.86%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $258,000 | None Listed On Document | ||
| $180,000 | Signature Abstract | ||
| -- | -- |
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 |
|---|---|---|---|
| Closed | $135,000 | ||
| Closed | $99,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/28/2021 12/28/21 | Sold | $258,000 | -7.9% | $121 / Sq Ft | |
| 11/03/2021 11/03/21 | For Sale | $280,000 | +55.6% | $132 / Sq Ft | |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- | |
| 11/23/2016 11/23/16 | Sold | $180,000 | -7.6% | $85 / Sq Ft | View Prior Sale |
| 10/09/2016 10/09/16 | Pending | -- | -- | -- | |
| 04/28/2016 04/28/16 | For Sale | $194,900 | -- | $92 / 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 | $1,209 | $77,200 | $18,800 | $58,400 |
| 2025 | $1,132 | $77,200 | $18,800 | $58,400 |
| 2024 | $3,672 | $77,200 | $18,800 | $58,400 |
| 2023 | $3,437 | $77,200 | $18,800 | $58,400 |
| 2022 | $3,451 | $77,200 | $18,800 | $58,400 |
| 2021 | $3,402 | $77,200 | $18,800 | $58,400 |
| 2020 | $3,346 | $77,200 | $18,800 | $58,400 |
| 2019 | $12,659 | $77,200 | $18,800 | $58,400 |
| 2018 | $3,213 | $77,200 | $18,800 | $58,400 |
| 2017 | $3,191 | $77,200 | $18,800 | $58,400 |
| 2016 | $853 | $77,200 | $18,800 | $58,400 |
| 2015 | $853 | $77,200 | $18,800 | $58,400 |
| 2014 | $853 | $77,200 | $18,800 | $58,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
-
Anthony Borelli
Seller's Agent in 2016
Anthony Borelli
Century 21 Gold
(610) 507-3520
273 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2006400
APN: 96-4397-20-90-3256
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