NOT LISTED FOR SALE

1904 Perkiomen Ave Reading, PA 19606

18th and Cotton Neighborhood

Estimated Value: $202,000 - $281,000

Studio
4 Baths
3,584 Sq Ft
$65/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $45,900 $13 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $1,285/month

35 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 2-minute walk to Pendora Park
  • Wall to Wall Carpet

About This Home

As of February 2012

Large semi detached 4 family home located Near MT. Penn and close to park and transportation property has seperate utilities and is in a desired are for renters. Currently there is 1 long term tenant occupying 1st floor apartment. Excellent potential for investment property. This is a Fannie Mae HomePath property. Buyer responsible for any and all municipal resale cert and or inspections. 15 day waiting waiting period for investor offers.

Last Agent to Sell the Property

Alex Betances

(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC License #ab066202 Listed on: 12/13/2011

EXP Realty, LLC

Last Buyer's Agent

Konstantin Reznik

(717) 735-2339 konst@reznikgroup.com Reznik Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • Wall to Wall Carpet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,705

Listing and Financial Details

  • Tax Lot 5796
  • Assessor Parcel Number 16-5316-33-57-5796

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3584
  • Living Area Sq Ft: 3584
  • Price Per Sq Ft: 12.81
  • Above Grade Finished Sq Ft: 3584
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 59100.00
  • Land Assessed Value: 12600.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1459949
  • Tax Annual Amount: 2705.00
  • Assessor Parcel Number: 16-5316-33-57-5796
  • Tax Lot: 5796
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Feb 16, 2012
Sold by
Fannie Mae
Bought by
Navarich Oleg and Navarich Raisa
Seller's Agent
Alex Betances
EXP Realty, LLC
Buyer's Agent
Konstantin Reznik
Reznik Real Estate
List Price
$45,900
Sold Price
$45,900
Current Estimated Value
$218,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,479
Avg. Annual Appreciation
12.32%

Purchase Details

Closed on
Oct 30, 2011
Sold by
Altidor Sherly and Kenol Edith
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Navarich Oleg $45,900 None Available
Federal National Mortgage Association $2,100 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $45,900 0.0% $13 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $45,900 -- $13 / 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 $1,946 $71,700 $12,600 $59,100
2024 $3,184 $71,700 $12,600 $59,100
2023 $3,134 $71,700 $12,600 $59,100
2022 $3,134 $71,700 $12,600 $59,100
2021 $3,134 $71,700 $12,600 $59,100
2020 $3,103 $71,700 $12,600 $59,100
2019 $1,978 $71,700 $12,600 $59,100
2018 $3,103 $71,700 $12,600 $59,100
2017 $3,082 $71,700 $12,600 $59,100
2016 $1,761 $71,700 $12,600 $59,100
2015 $1,761 $71,700 $12,600 $59,100
2014 $1,620 $71,700 $12,600 $59,100
Source: Public Records

Agents Affiliated with this Home

  • Alex Betances

    Seller's Agent in 2012

    Alex Betances

    EXP Realty, LLC

    (610) 926-8610

    18 Total Sales

    Alex Betances
    Section Image
  • Konstantin Reznik

    Buyer's Agent in 2012

    Konstantin Reznik

    Reznik Real Estate

    (717) 475-3316

    7 Total Sales

    Konstantin Reznik
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004596842

Bright MLS

APN: 16-5316-33-57-5796

Pennsylvania Berks County Reading 19606 18th and Cotton

1904 Perkiomen Ave, Reading, PA

Not Listed for Sale

MultiFamily

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