NOT LISTED FOR SALE

2152 Kutztown Rd Reading, PA 19605

Outer Muhlenberg Township Neighborhood

Estimated Value: $106,000 - $324,000

-- Bed
3 Baths
2,824 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $205,000 $73 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,495/month

12 Days on Market

About This Home

As of May 2018

Excellent Income producing property. Seller divesting!!! Extra income from a Huge garage. Property includes two separate units. Large home provides 7 rental rooms plus a one bedroom apartment. Could be purchased separated or as a package of 18 units with 2148 and 2158 Kutztown Rd.

Last Agent to Sell the Property

Jose Madrigal

(610) 763-0671 jolumadrigal@msn.com Pagoda Realty Listed on: 04/06/2018

Pagoda Realty

Last Buyer's Agent

Ron and Gigi Batista Team

(610) 484-8663 Rgbatistateam@gmail.com Realty One Group Alliance License #rs336061

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,824 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Muhlenberg High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 8117
  • Assessor Parcel Number 66-5308-76-92-8117

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,148
  • Insurance Expense $2,500
  • Maintenance Expense $1,500
  • Other Expense $2,655
  • Operating Expense $17,759

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Exclusions: Tenant's Belongings
  • New Construction: No
  • Other Expense: 2655.00
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2824
  • Living Area Sq Ft: 2824
  • Price Per Sq Ft: 83.22
  • Above Grade Finished Sq Ft: 2824
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 6

Utilities

  • Annual Heating Expense: 1359.00
  • Central Air Conditioning: No
  • Electric Expense: 1148.00
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2360.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MUHLENBERG

Lot Info

  • Improvement Assessed Value: 122700.00
  • Land Assessed Value: 26800.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 65220.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Assessor Parcel Number: 1544265
  • Tax Annual Amount: 6237.00
  • Assessor Parcel Number: 66-5308-76-92-8117
  • Tax Lot: 8117
  • Tax Year: 2018

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Lima Henrry L
Bought by
Kutztown Corp
Current Estimated Value
$248,667

Purchase Details

Closed on
Jan 24, 2011
Sold by
Valgus Linda and Estate Of Walter F Gurnavage
Bought by
Frutos Real Estate Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kutztown Corp $71,900 Conestoga Title
Frutos Real Estate Partners Llc $175,000 Conestoga Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frutos Real Estate Partners Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $205,000 -12.8% $73 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $235,000 -- $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 $2,244 $149,500 $26,800 $122,700
2024 $7,198 $149,500 $26,800 $122,700
2023 $6,755 $149,500 $26,800 $122,700
2022 $6,643 $149,500 $26,800 $122,700
2021 $6,486 $149,500 $26,800 $122,700
2020 $6,486 $149,500 $26,800 $122,700
2019 $6,349 $149,500 $26,800 $122,700
2018 $6,237 $149,500 $26,800 $122,700
2017 $6,119 $149,500 $26,800 $122,700
2016 $1,813 $149,500 $26,800 $122,700
2015 $1,813 $149,500 $26,800 $122,700
2014 $1,813 $149,500 $26,800 $122,700
Source: Public Records

Agents Affiliated with this Home

  • Jose Madrigal

    Seller's Agent in 2018

    Jose Madrigal

    Pagoda Realty

    (610) 763-0671

    2 in this area

    65 Total Sales

    Jose Madrigal
    Section Image
  • Ron and Gigi Batista Team

    Buyer's Agent in 2018

    Ron and Gigi Batista Team

    Realty One Group Alliance

    (610) 484-8663

    6 in this area

    94 Total Sales

    Ron and Gigi Batista Team
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000370346

Bright MLS

APN: 66-5308-76-92-8117

Pennsylvania Berks County Reading 19605 Outer Muhlenberg Township

2152 Kutztown Rd, Reading, PA

Not Listed for Sale

MultiFamily

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