NOT LISTED FOR SALE
Studio
3 Baths
2,024 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: May 7, 2019

Last sale price $87,500 $43 Per Sq Ft

86 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of May 2019

This property pays pays for itself. Triplex already filled with tenants. 3 unit property with an income. First unit is a two bedroom and one bathroom unit and the other two units are a one bedroom, one bathroom unit. This property can be sold with 3 other properties in the portfolio at a deal. *Bac

Last Agent to Sell the Property

Ernesto Salgado

(610) 373-9900 ernie.salgado@cbhomes.com Coldwell Banker Realty License #RS341610 Listed on: 01/11/2019

Coldwell Banker Realty

Last Buyer's Agent

Alexander Jackson

(610) 373-9900 alex.jackson@cbhomes.com Coldwell Banker Realty License #RS333500

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 3128
  • Assessor Parcel Number 14-5307-58-64-3128

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,999

Year Built

Built in 1905

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2024
  • Living Area Sq Ft: 2024
  • Price Per Sq Ft: 46.94
  • Above Grade Finished Sq Ft: 2024
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 37600.00
  • Land Assessed Value: 8600.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454392
  • School Tax: 828.00
  • Tax Annual Amount: 1999.00
  • Assessor Parcel Number: 14-5307-58-64-3128
  • Tax Lot: 3128
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

Multi Family

  • Gross Income: 20700.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 620.00

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jun 6, 2019
Sold by
Bought by
Seller's Agent
Ernesto Salgado
Coldwell Banker Realty
Buyer's Agent
Alexander Jackson
Coldwell Banker Realty
List Price
$95,000
Sold Price
$87,500
Premium/Discount to List
-$7,500
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,914
Outstanding Balance
$74,808
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$87,500 Title Services
$62,829 None Available
-- --
$20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $85,914
Previous Owner $480,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $87,500 -7.9% $43 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $95,000 0.0% $47 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $95,000 -- $47 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,304 $46,200 $8,600 $37,600
2025 $1,254 $46,200 $8,600 $37,600
2024 $2,051 $46,200 $8,600 $37,600
2023 $2,020 $46,200 $8,600 $37,600
2022 $2,020 $46,200 $8,600 $37,600
2021 $2,020 $46,200 $8,600 $37,600
2020 $1,999 $46,200 $8,600 $37,600
2019 $1,999 $46,200 $8,600 $37,600
2018 $1,999 $46,200 $8,600 $37,600
2017 $1,986 $46,200 $8,600 $37,600
2016 $1,135 $46,200 $8,600 $37,600
2015 $1,135 $46,200 $8,600 $37,600
2014 $1,044 $46,200 $8,600 $37,600
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PABK247898

Bright MLS

APN: 5307-58-64-3128

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