NOT LISTED FOR SALE

Estimated Value: $140,000 - $342,000

-- Bed
4 Baths
4,452 Sq Ft
$54/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $29,000 $7 Per Sq Ft

Est. 810% increase in value since last sale

Current estimated payment $1,616/month

183 Days on Market

Highlights

  • 0.07 Acre Lot
  • Security Gate
  • Hot Water Heating System
  • No HOA
  • En-Suite Primary Bedroom
  • 2-minute walk to Pendora Park

About This Home

As of May 2012

This is a Short Sale! Bank approval is required. 4 total units. Units 1 & 2 - 1st & 2nd floor are currently occupied. Building needs work and is being sold "As Is".

Last Agent to Sell the Property

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 09/12/2011

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 09/12/2011

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in below average condition

Home Design

  • 4,452 Sq Ft Home
  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Pitched Roof
  • Aluminum Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Schools

  • Reading Senior High School

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6716
  • Assessor Parcel Number 16-5316-33-57-6716

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $300
  • Insurance Expense $1,500
  • Other Expense $850
  • Operating Expense $12,702

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: 4 Range/Ovens, 4 Refrigerators
  • New Construction: No
  • Other Expense: 850.00
  • Year Built: 1927
  • Special Features: 12

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Total Sq Ft: 4452
  • Living Area Sq Ft: 4452
  • Price Per Sq Ft: 7.84
  • Above Grade Finished Sq Ft: 4452
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 4500.00
  • Central Air Conditioning: No
  • Electric Expense: 300.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2700.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 58600.00
  • Land Assessed Value: 17000.00
  • Land Use Code: 163
  • Lot Size Acres: 0.07
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Below Average
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24300.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1459951
  • Tax Annual Amount: 2852.00
  • Assessor Parcel Number: 16-5316-33-57-6716
  • Tax Lot: 6716
  • Tax Year: 2011
  • Close Date: 05/25/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2011
Closed on
Jun 15, 2012
Sold by
Tavoc Onesimus
Bought by
Navarich Oleg and Navarich Raisa
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$34,900
Sold Price
$29,000
Premium/Discount to List
-$5,900
-16.91%
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,000
Avg. Annual Appreciation
17.91%

Purchase Details

Listed on
Sep 12, 2011
Closed on
May 22, 2012
Sold by
Kenol Edith and Altidor Sherly
Bought by
Tavoc Onesimus
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$34,900
Sold Price
$29,000
Premium/Discount to List
-$5,900
-16.91%
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
Navarich Oleg $43,000 None Available
Tavoc Onesimus $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarich Oleg $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $29,000 -16.9% $7 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
09/12/2011 09/12/11 For Sale $34,900 -- $8 / 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 $2,052 $75,600 $17,000 $58,600
2024 $3,357 $75,600 $17,000 $58,600
2023 $3,305 $75,600 $17,000 $58,600
2022 $3,305 $75,600 $17,000 $58,600
2021 $3,305 $75,600 $17,000 $58,600
2020 $3,272 $75,600 $17,000 $58,600
2019 $3,272 $75,600 $17,000 $58,600
2018 $3,272 $75,600 $17,000 $58,600
2017 $3,250 $75,600 $17,000 $58,600
2016 $1,857 $75,600 $17,000 $58,600
2015 $1,857 $75,600 $17,000 $58,600
2014 $1,709 $75,600 $17,000 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004519150

Bright MLS

APN: 16-5316-33-57-6716