201 Pershing Blvd Reading, PA 19607
Liggett Neighborhood
--
Bed
--
Bath
2,197
Sq Ft
0.28
Acres
Highlights
- No HOA
- Hot Water Heating System
- 4-minute walk to Brookline Park
- 1 Car Attached Garage
About This Home
As of July 2024This is a very nice 3 unit property with 2 apartments in the brick home, one 2 bedroom on the first floor and a 3 bedroom on the second floor. The owner pays the gas heat for these and the owners electric and the water, sewer and trash and lawn. The rents are $900 for the first floor and $950 for the second floor. The tenants pay for the electric Rents are month to month and should be higher. The rear home is rented for $820 per month and the tenant pays the gas heat and electric. There is a lease till Jan 2022. This rent should also be more. Here are the owners cost for one year: Taxes $5761...Insurance $2493....Water $1181....Sewer $1481...UGI $1232....PPL $383...Trash $578...Erlich $758...Cut Grass $1080...Total of $14,947. Net profit is $17,093. With rent increases the net should be $28,133 per year. The sale included the side lot also, TAX ID 39-5306-17-01-8469
Last Agent to Sell the Property
RE/MAX Of Reading License #RS294153 Listed on: 04/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,346
Year Built
- Built in 1930
Lot Details
- 0.28 Acre Lot
- Property is in good condition
Parking
- 1 Car Attached Garage
- 2 Driveway Spaces
- Rear-Facing Garage
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,197 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- The owner pays for insurance, lawn/shrub care, sewer, snow removal, real estate taxes, trash collection, water, gas
- Tax Lot 8523
- Assessor Parcel Number 39-5306-17-01-8523
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $2,493
- Maintenance Expense $1,080
- Other Expense $2,662
- Trash Expense $578
- Net Operating Income $17,093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Jul 22, 2024
Sold by
Posch Acquisitions Llc
Bought by
Caloiero Massimo and Caloiero Guiliano
Seller's Agent
Branden Spece
United Real Estate Strive 212
Buyer's Agent
Branden Spece
United Real Estate Strive 212
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
59
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
$1,000
Avg. Annual Appreciation
-2.04%
Purchase Details
Listed on
Apr 14, 2021
Closed on
May 5, 2021
Sold by
Oatman Michael T and Lafata Oatman Catherine
Bought by
Posch Acquisitions Llc
Seller's Agent
Ed Stauffer
RE/MAX Of Reading
Buyer's Agent
Branden Spece
United Real Estate Strive 212
List Price
$210,000
Sold Price
$235,000
Premium/Discount to List
$25,000
11.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.16%
Purchase Details
Closed on
Oct 30, 2014
Sold by
Dobbie Colin G and Simmons James G
Bought by
Oatman Michael T and Lafata Oatman Catherine M
Purchase Details
Closed on
Aug 9, 1994
Bought by
Dobbie Colin G
Similar Homes in Reading, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $50,000 | None Listed On Document | |
| Deed | $2,000 | Edge Abstract | |
| Deed | $2,000 | None Available | |
| Deed | $10,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2024 07/22/24 | Sold | $50,000 | -16.5% | $23 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 06/03/2024 06/03/24 | For Sale | $59,900 | -74.5% | $27 / Sq Ft |
| 05/05/2021 05/05/21 | Sold | $235,000 | 0.0% | $107 / Sq Ft |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- |
| 04/19/2021 04/19/21 | Off Market | $235,000 | -- | -- |
| 04/14/2021 04/14/21 | For Sale | $210,000 | -- | $96 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $475 | $26,600 | $26,600 | -- |
| 2024 | $446 | $9,700 | $9,700 | -- |
| 2023 | $434 | $9,700 | $9,700 | $0 |
| 2022 | $423 | $9,700 | $9,700 | $0 |
| 2021 | $415 | $9,700 | $9,700 | $0 |
| 2020 | $415 | $9,700 | $9,700 | $0 |
| 2019 | $410 | $9,700 | $9,700 | $0 |
| 2018 | $402 | $9,700 | $9,700 | $0 |
| 2017 | $394 | $9,700 | $9,700 | $0 |
| 2016 | $129 | $9,700 | $9,700 | $0 |
| 2015 | $129 | $9,700 | $9,700 | $0 |
| 2014 | $129 | $9,700 | $9,700 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Branden Spece
Seller's Agent in 2024
Branden Spece
United Real Estate Strive 212
(484) 345-1942
3 in this area
64 Total Sales
-
Ed Stauffer
Seller's Agent in 2021
Ed Stauffer
RE/MAX of Reading
(610) 334-7099
5 in this area
143 Total Sales
Map
Source: Bright MLS
MLS Number: PABK375660
APN: 39-5306-17-01-8469
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