NOT LISTED FOR SALE

2226 Reading Ave Reading, PA 19609

West Wyomissing Neighborhood

Estimated Value: $239,303 - $269,000

Studio
3 Baths
1,294 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $195,000 $151 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,460/month

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Hot Water Heating System
  • Wilson High School Rated A-

About This Home

As of April 2022

Terrific investment opportunity in Wilson School District. This 3 unit, is fully leased and turnkey from day one. Offered for sale along with duplex located at 1605 Delaware Ave (Tax ID 96-4396-07-57-1603). This is a great opportunity to build your investment portfolio in two highly desirable locations.

Last Agent to Sell the Property

Justin Horst

(610) 985-7700 crstringer@msn.com Pagoda Realty License #RS314105 Listed on: 02/02/2022

Pagoda Realty

Co-Listed By

Jimmy Thelusca

(610) 985-7700 crstringer@msn.com Pagoda Realty License #RS333622

Last Buyer's Agent

Eric Miller

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS316200

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 1935

Lot Details

  • 2,613 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Masonry

Interior Spaces

  • 1,294 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 3 Units
  • Net Operating Income $15,912

Listing and Financial Details

  • Tax Lot 1308
  • Assessor Parcel Number 80-4396-09-06-1308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,305

Year Built

Built in 1935

Lot Details

2,613 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant personal property
  • Inclusions: All Major Kitchen Appliances
  • New Construction: No
  • Expected On Market: 2/2/2022 12:00:00 AM
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1294
  • Living Area Sq Ft: 1294
  • Price Per Sq Ft: 146.75
  • Above Grade Finished Sq Ft: 1294
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 26400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2299.00
  • Tax Annual Amount: 3305.00
  • Assessor Parcel Number: 80-4396-09-06-1308
  • Tax Lot: 1308
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 6, 2022
Sold by
Berks Rental Properties Llc
Bought by
Diaz William
Seller's Agent
Justin Horst
Pagoda Realty
Buyer's Agent
Eric Miller
RE/MAX Of Reading
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%
Current Estimated Value
$253,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,076
Avg. Annual Appreciation
6.99%
Original Mortgage
$146,250
Outstanding Balance
$135,857
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$117,219

Purchase Details

Closed on
May 1, 2009
Sold by
The Jack L Krick Revocable Living Trust and Krick Alda A
Bought by
Berks Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2005
Sold by
Krick Jack L
Bought by
Krick Jack L
Source: Public Records
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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
Diaz William $195,000 Conestoga Title
Berks Rental Properties Llc $125,000 None Available
Krick Jack L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz William $146,250
Previous Owner Berks Rental Properties Llc $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $195,000 0.0% $151 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/03/2022 02/03/22 Off Market $195,000 -- --
02/02/2022 02/02/22 For Sale $189,900 -- $147 / Sq Ft
Source: Bright MLS

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 $1,870 $83,100 $24,300 $58,800
2024 $3,555 $83,100 $24,300 $58,800
2023 $3,388 $83,100 $24,300 $58,800
2022 $3,305 $83,100 $24,300 $58,800
2021 $3,188 $83,100 $24,300 $58,800
2020 $3,188 $83,100 $24,300 $58,800
2019 $3,098 $83,100 $24,300 $58,800
2018 $3,071 $83,100 $24,300 $58,800
2017 $3,019 $83,100 $24,300 $58,800
2016 $1,205 $83,100 $24,300 $58,800
2015 $1,205 $83,100 $24,300 $58,800
2014 $1,205 $83,100 $24,300 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Justin Horst

    Seller's Agent in 2022

    Justin Horst

    Pagoda Realty

    (610) 223-7664

    3 in this area

    117 Total Sales

    Justin Horst
    Section Image
  • Jimmy Thelusca

    Seller Co-Listing Agent in 2022

    Jimmy Thelusca

    Pagoda Realty

    (973) 666-1188

    2 in this area

    135 Total Sales

    Jimmy Thelusca
    Section Image
  • Eric Miller

    Buyer's Agent in 2022

    Eric Miller

    RE/MAX of Reading

    (610) 685-3103

    4 in this area

    224 Total Sales

    Eric Miller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2010782

Bright MLS

APN: 80-4396-09-06-1308

Pennsylvania Berks County Reading 19609 West Wyomissing

2226 Reading Ave, Reading, PA

Not Listed for Sale

MultiFamily

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