NOT LISTED FOR SALE

2226 Reading Ave Reading, PA 19609

West Wyomissing Neighborhood

Estimated Value: $248,000 - $257,000

-- Bed
3 Baths
1,294 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 06, 2022

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

Est. 29% increase in value since last sale

Current estimated payment $1,477/month

Highlights

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

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) 223-7664 justinchorst@gmail.com Pagoda Realty License #RS314105 Listed on: 02/02/2022

Pagoda Realty

Co-Listed By

Jimmy Thelusca

(973) 666-1188 jthelusca@pagodarpm.com Pagoda Realty License #RS333622

Last Buyer's Agent

Eric Miller

(610) 685-3103 emiller@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
  • 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

0

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
  • Home Warranty: No
  • Inclusions: All Major Kitchen Appliances
  • New Construction: No
  • Expected On Market: 2022-02-02
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58800.00
  • Land Assessed Value: 24300.00
  • 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

  • Assessor Parcel Number: 1574536
  • School Tax: 2299.00
  • Tax Annual Amount: 3305.00
  • Assessor Parcel Number: 80-4396-09-06-1308
  • Tax Lot: 1308
  • Tax Page Number: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$251,150

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
Outstanding Balance
$58,791
Interest Rate
4.86%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$192,359

Purchase Details

Closed on
Nov 4, 2005
Sold by
Krick Jack L
Bought by
Krick Jack L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Berks Rental Properties Llc $125,000 None Available
Krick Jack L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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 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 $1,870 $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

    114 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

    133 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

    229 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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