NOT LISTED FOR SALE

Estimated Value: $43,873

-- Bed
-- Bath
3,346 Sq Ft
$13/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $24,000 $7 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $340/month

609 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Vinyl Flooring
  • En-Suite Primary Bedroom

About This Home

As of June 2015

5 Unit in City of Reading - Needs work. Rear area damaged by tenant arson. At one time had good rental income with its five 1-BR apartments. Units previously rented out between $300-400 per month. Local bank-owned. Not a short sale. Property being sold as-is.

Last Listed By

Frank Sabatucci

RE/MAX Of Reading License #AB-062125-L Listed on: 08/26/2013

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,346 Sq Ft Home
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $1,465

Listing and Financial Details

  • Tax Lot 3070
  • Assessor Parcel Number 04-5306-26-79-3070

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Remarks Public: 5 Unit in City of Reading - Needs work. Rear area damaged by tenant arson. At one time had good rental income with its five 1-BR apartments. Units previously rented out between $300-400 per month. Local bank-owned. Not a short sale. Property being sold as-is.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Vinyl
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3346
  • Living Area Sq Ft: 3346
  • Price Per Sq Ft: 14.91
  • Above Grade Finished Sq Ft: 3346
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 25200.00
  • Land Assessed Value: 11000.00
  • Land Use Code: 4200
  • Lot Size Acres: 0.05
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Below Average
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1442556
  • Tax Annual Amount: 1465.00
  • Assessor Parcel Number: 04-5306-26-79-3070
  • Tax Lot: 3070
  • Tax Year: 2015
  • Close Date: 06/03/2015

MLS Schools

  • School District Name: READING

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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Sin Kit $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $24,000 -51.9% $7 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
08/26/2013 08/26/13 For Sale $49,900 -- $15 / 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 $1,164 $42,900 $11,000 $31,900
2024 $1,905 $42,900 $11,000 $31,900
2023 $1,875 $42,900 $11,000 $31,900
2022 $1,875 $42,900 $11,000 $31,900
2021 $1,875 $42,900 $11,000 $31,900
2020 $1,857 $42,900 $11,000 $31,900
2019 $1,857 $42,900 $11,000 $31,900
2018 $1,857 $42,900 $11,000 $31,900
2017 $1,844 $42,900 $11,000 $31,900
2016 $1,054 $42,900 $11,000 $31,900
2015 $1,054 $42,900 $11,000 $31,900
2014 $970 $42,900 $11,000 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003565702

Bright MLS

APN: 04-5306-26-79-3072