NOT LISTED FOR SALE

224 N Waverly St Reading, PA 19607

Estimated Value: $244,000 - $292,000

-- Bed
2 Baths
1,970 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $200,000 $102 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,492/month

8 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Eat-In Kitchen
  • Transitional Architecture
  • Porch
  • Back, Front, and Side Yard

About This Home

As of July 2022

This above average condition semi-detached 2 unit in Governor Mifflin School District just came on the market and is located in a great Shillington neighborhood! Unit #1-1st floor has 1 bedroom, 1 bath, living room, eat in kitchen, has direct access to the basement and rents for $ 890 per month (Security Deposit is $875). Unit #2-2nd and 3rd floors has 2 bedrooms, 1 bath, living room, kitchen, has access to the 2nd floor rear porch and rents for $860 per month (Security Deposit is $800). Both leases are month to month. Annual Expenses: Insurance $576, taxes $3,678, Owner paid utilities $3,223. Total Annual rental Income is $21,000 + extra income from 2-year old coin-operated washer/dryer in the basement. There is off street parking for 2 cars and hardwood tile floors throughout. There are 3 new replacement windows in the basement, ready for 3rd floor bedroom if needed. Make this investor-ready property part of your real estate portfolio! Call today for more details and to set up your private showing.
--

Last Agent to Sell the Property

John Tomaszewski

RE/MAX Of Reading License #RS142081A Listed on: 04/05/2022

RE/MAX Of Reading

Last Buyer's Agent

Michele McCartney

Keller Williams Platinum Realty - Wyomissing License #RS166910L

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,753

Year Built

  • Built in 1926

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot
  • Irregular Lot
  • Back, Front, and Side Yard
  • Property is in average condition

Home Design

  • Duplex
  • Transitional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 1,970 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Replacement Windows
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heat, insurance, repairs, sewer, real estate taxes, water
  • Tax Lot 8027
  • Assessor Parcel Number 77-4396-20-70-8027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,753

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Exclusions: All tenant owned window air conditioners
  • Historic: No
  • Inclusions: 2 Refrigerators, 2 Ovens, Washer/Dryer coin operated units in basement
  • New Construction: No
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Remarks Public: This above average condition semi-detached 2 unit in Governor Mifflin School District just came on the market and is located in a great Shillington neighborhood! Unit #1-1st floor has 1 bedroom, 1 bath, living room, eat in kitchen, has direct access to the basement and rents for $ 890 per month (Security Deposit is $875). Unit #2-2nd and 3rd floors has 2 bedrooms, 1 bath, living room, kitchen, has access to the 2nd floor rear porch and rents for $860 per month (Security Deposit is $800). Both leases are month to month. Annual Expenses: Insurance $576, taxes $3,678, Owner paid utilities $3,223. Total Annual rental Income is $21,000 + extra income from 2-year old coin-operated washer/dryer in the basement. There is off street parking for 2 cars and hardwood tile floors throughout. There are 3 new replacement windows in the basement, ready for 3rd floor bedroom if needed. Make this investor-ready property part of your real estate portfolio! Call today for more details and to set up your private showing. --
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Oven - Self Cleaning, Refrigerator
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In, Tub Shower, Wood Floors
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1970
  • Living Area Sq Ft: 1970
  • Price Per Sq Ft: 101.52
  • Above Grade Finished Sq Ft: 1970
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Black Top, Paved
  • Roof: Architectural Shingle, Pitched, Shingle
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 60000.00
  • Land Assessed Value: 25500.00
  • Land Use Code: 161
  • Lot Features: Front Yard, Irregular, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Gas, Heat, Insurance, Repairs, Sewer, Taxes - Real Estate, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1564983
  • School Tax: 2488.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3753.00
  • Assessor Parcel Number: 77-4396-20-70-8027
  • Tax Lot: 8027
  • Tax Page Number: 1
  • Tax Total Finished Sq Ft: 1970
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/29/2022

Multi Family

  • Gross Income: 21000.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jul 29, 2022
Sold by
Harter Jason A
Bought by
Mccartney Michele A
Seller's Agent
John Tomaszewski
RE/MAX Of Reading
Buyer's Agent
Michele McCartney
Keller Williams Platinum Realty - Wyomissing
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$251,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,539
Avg. Annual Appreciation
8.39%
Original Mortgage
$160,000
Outstanding Balance
$154,298
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$101,034

Purchase Details

Closed on
Apr 11, 2007
Sold by
Bryson Management
Bought by
Harter Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bryson L Jeff and Bryson Lynn M
Bought by
Bryson Management

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
5.78%
Mortgage Type
Unknown
Source: Public Records

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
Mccartney Michele A $200,000 None Listed On Document
Harter Jason A $124,000 First American Title Ins Co
Bryson Management $87,928 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccartney Michele A $160,000
Previous Owner Harter Jason A $117,600
Previous Owner Harter Jason A $117,100
Previous Owner Harter Jason A $117,800
Previous Owner Bryson Management Llc $120,000
Previous Owner Bryson L Jeff $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $200,000 0.0% $102 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $200,000 -- $102 / 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 $1,381 $85,500 $25,500 $60,000
2024 $3,898 $85,500 $25,500 $60,000
2023 $3,796 $85,500 $25,500 $60,000
2022 $3,753 $85,500 $25,500 $60,000
2021 $3,710 $85,500 $25,500 $60,000
2020 $3,710 $85,500 $25,500 $60,000
2019 $3,668 $85,500 $25,500 $60,000
2018 $3,625 $85,500 $25,500 $60,000
2017 $3,558 $85,500 $25,500 $60,000
2016 $1,216 $85,500 $25,500 $60,000
2015 $1,216 $85,500 $25,500 $60,000
2014 $1,111 $85,500 $25,500 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2013988

Bright MLS

APN: 77-4396-20-70-8027