NOT LISTED FOR SALE

200 S 6th St Reading, PA 19602

Estimated Value: $321,000 - $357,386

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold August 19, 2014

Last sale price $75,000

Est. 352% increase in value since last sale

Current estimated payment $2,021/month

1,809 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Radiator
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of August 2014

Great condition 5 unit building with rentable detached 2-car garage. Each unit has been updated as well as common areas. Building is well maintained with excellent rental history and cash flow. Great investment. NEW roof.

Last Agent to Sell the Property

Ed Hong

Keller Williams Platinum Realty - Wyomissing Listed on: 08/11/2009

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Gregory Martire

Springer Realty Group License #RS225353L

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Aluminum Siding

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 3002
  • Assessor Parcel Number 04-5306-27-89-3002

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $315
  • Insurance Expense $2,460
  • Other Expense $850
  • Operating Expense $15,526

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: 5 Stoves, 5 Refrigerator
  • New Construction: No
  • Other Expense: 850.00
  • Year Built: 1900
  • Remarks Public: Great condition 5 unit building with rentable detached 2-car garage. Each unit has been updated as well as common areas. Building is well maintained with excellent rental history and cash flow. Great investment. NEW roof.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Street Number Modifier: 200

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Annual Heating Expense: 7425.00
  • Central Air Conditioning: No
  • Electric Expense: 315.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2374.00
  • 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: 44700.00
  • Land Assessed Value: 11000.00
  • Land Use Code: 4217
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33300.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1442768
  • Tax Annual Amount: 2227.00
  • Assessor Parcel Number: 04-5306-27-89-3002
  • Tax Lot: 3002
  • Tax Year: 2014
  • Close Date: 08/19/2014

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Ac Real Estate Holdings Llc
Bought by
Blb Properties One Llc
Total Days on Market
1809
Current Estimated Value
$339,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$119,399
Interest Rate
7.02%
Mortgage Type
Construction
Estimated Equity
$227,928

Purchase Details

Closed on
Feb 16, 2007
Sold by
Rodriguez Bernard
Bought by
Lou Stanley and Massimino Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
7.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2003
Sold by
Rodriguez Sariah
Bought by
Rodriguez Bernard

Purchase Details

Closed on
Mar 27, 2001
Sold by
Cleaver Claire M
Bought by
Rodriguez Sariah
Source: Public Records

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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
Blb Properties One Llc $362,000 Stewart Title
Lou Stanley $149,000 None Available
Rodriguez Bernard -- --
Rodriguez Sariah $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blb Properties One Llc $350,000
Previous Owner Ac Real Estate Holdings Llc $120,000
Previous Owner Ac Real Estate Holdings Llc $56,250
Previous Owner Lou Stanley $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $75,000 -57.1% --
07/25/2014 07/25/14 Pending -- -- --
08/11/2009 08/11/09 For Sale $175,000 -- --
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 $1,512 $55,700 $11,000 $44,700
2024 $2,473 $55,700 $11,000 $44,700
2023 $2,435 $55,700 $11,000 $44,700
2022 $2,435 $55,700 $11,000 $44,700
2021 $2,435 $55,700 $11,000 $44,700
2020 $2,410 $55,700 $11,000 $44,700
2019 $2,410 $55,700 $11,000 $44,700
2018 $2,410 $55,700 $11,000 $44,700
2017 $2,395 $55,700 $11,000 $44,700
2016 $1,368 $55,700 $11,000 $44,700
2015 $1,368 $55,700 $11,000 $44,700
2014 $1,259 $55,700 $11,000 $44,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005368304

Bright MLS

APN: 04-5306-27-89-3002