NOT LISTED FOR SALE

2117 Fairview Ave Reading, PA 19606

Estimated Value: $170,000 - $188,000

-- Bed
2 Baths
1,209 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $100,000 $83 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,196/month

49 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wall to Wall Carpet
  • En-Suite Primary Bedroom

About This Home

As of March 2019

This is a solid Mt Penn semi with 2 units. Exterior of property looks to be really sound - stucco is in excellent condition and the roof was installed approximately 10 years ago. The first floor unit is a one bedroom with LR, kitchen & bath. There is also a finished room in the basement which could be used as a rec-room or additional bedroom. The 2nd floor has 1 bedroom, LR, kitchen and bath and also an attic which contains 2 additional unfinished rooms - these could be finished off into additional living space. Tenants pay for their own electric. Owner pays oil, FWA heat, gas hot water and owner's electric. The property has been well taken care of over the last 22 years by the current owners!! You can spend more to end up with less but why do that?! Take a look, you won't be disappointed!

Last Listed By

Craig Binkley

A G Binkley Jr Real Estate Listed on: 11/30/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

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

Home Design

  • Duplex
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,209 Sq Ft Home
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Parking

  • Free Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 0210
  • Assessor Parcel Number 64-5316-11-77-0210

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic
  • Year Built: 1925
  • Remarks Public: This is a solid Mt Penn semi with 2 units. Exterior of property looks to be really sound - stucco is in excellent condition and the roof was installed approximately 10 years ago. The first floor unit is a one bedroom with LR, kitchen & bath. There is also a finished room in the basement which could be used as a rec-room or additional bedroom. The 2nd floor has 1 bedroom, LR, kitchen and bath and also an attic which contains 2 additional unfinished rooms - these could be finished off into additional living space. Tenants pay for their own electric. Owner pays oil, FWA heat, gas hot water and owner's electric. The property has been well taken care of over the last 22 years by the current owners!! You can spend more to end up with less but why do that?! Take a look, you won't be disappointed!
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1209
  • Living Area Sq Ft: 1209
  • Price Per Sq Ft: 82.71
  • Above Grade Finished Sq Ft: 1209
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2117

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ANTIETAM
  • School District Key: 300200397315

Lot Info

  • Improvement Assessed Value: 35400.00
  • Land Assessed Value: 17500.00
  • Land Use Code: 149
  • Lot Size Acres: 0.05
  • Lot Dimensions: 1X1
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 14460.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1539310
  • Tax Annual Amount: 3063.00
  • Assessor Parcel Number: 64-5316-11-77-0210
  • Tax Lot: 0210
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/18/2019

MLS Schools

  • School District Name: ANTIETAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Mar 18, 2019
Sold by
Watcke Thomas C and Martikainen Rebecca J
Bought by
Kahl Carol A
Seller's Agent
Craig Binkley
A G Binkley Jr Real Estate
Buyer's Agent
CECILE GRIMSHAW
United Real Estate Strive 212
List Price
$100,000
Sold Price
$100,000
Total Days on Market
49
Current Estimated Value
$180,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,424
Avg. Annual Appreciation
9.59%
Original Mortgage
$75,000
Outstanding Balance
$63,552
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$112,729

Purchase Details

Closed on
Jan 5, 1996
Bought by
Watcke Thomas C and Martikainen Rebec

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
Kahl Carol A $100,000 Wyomissing Abstract Llc
Watcke Thomas C $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahl Carol A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $100,000 0.0% $83 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $100,000 -- $83 / 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 $2,228 $52,900 $17,500 $35,400
2024 $3,677 $52,900 $17,500 $35,400
2023 $3,548 $52,900 $17,500 $35,400
2022 $3,310 $52,900 $17,500 $35,400
2021 $3,243 $52,900 $17,500 $35,400
2020 $3,139 $52,900 $17,500 $35,400
2019 $3,063 $52,900 $17,500 $35,400
2018 $3,032 $52,900 $17,500 $35,400
2017 $2,892 $52,900 $17,500 $35,400
2016 $1,210 $52,900 $17,500 $35,400
2015 $1,193 $52,900 $17,500 $35,400
2014 $1,200 $52,900 $17,500 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK179064

Bright MLS

APN: 64-5316-11-77-0210