Seller's Agent in 2023
Hannah Costello
KW Greater West Chester
(484) 949-5773
2 in this area
34 Total Sales
226 N 2nd St Reading, PA 19601
Sixth Ward NeighborhoodEstimated Value: $184,979 - $247,000
--
Bed
1
Bath
2,400
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Hot Water Heating System
- 4-minute walk to Barbey's Park
- Level Entry For Accessibility
About This Home
As of September 2023Attention to all savvy investors and homebuyers seeking an enticing opportunity in the growing city of Reading! Presenting a substantial duplex property brimming with potential, this gem is poised for future value appreciation in the right hands. The lower unit currently features two adjacent, modestly sized bedrooms, which could easily be merged into a more spacious single bedroom. It presently brings in a monthly rent of $750. Meanwhile, the upper unit boasts an expansive layout with five bedrooms, currently bringing in total monthly rent of $1,500. Both units operate on month-to-month leases, affording you the flexibility to adapt as needed. Beyond, there's a charming front porch and backyard access to enhance the property's appeal. In an era of escalating property values in Reading, seize this affordable opportunity while it's still within reach. Don't miss your chance to secure a slice of this promising real estate market. REALTORS: PLEASE SEE PRIVATE REMARKS FOR SCHEDULING NOTES.
Last Agent to Sell the Property
(484) 949-5773 hannah@hcostello.com KW Greater West Chester License #RS355322 Listed on: 08/25/2023
Last Buyer's Agent
(843) 489-5417 diana.guzmanrivera@cbrealty.com Coldwell Banker Realty License #RS364211
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,272
Year Built
- Built in 1900
Lot Details
- 2,178
Parking
- On-Street Parking
Home Design
- 2,400 Sq Ft Home
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Natural Gas Water Heater
Additional Features
- Level Entry For Accessibility
- 2,178 Sq Ft Lot
- Unfinished Basement
Community Details
- 2 Units
- Income includes apartment rentals
Listing and Financial Details
- The owner pays for insurance, sewer, trash collection, real estate taxes, water
- Tax Lot 1634
- Assessor Parcel Number 06-5307-73-61-1634
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2021
Closed on
Apr 2, 2021
Sold by
Cook Leslie R
Bought by
Jackson Terrel R
Seller's Agent
Briefcase.Bobby Ballard
HomeSmart Realty Advisors
Buyer's Agent
Hannah Costello
KW Greater West Chester
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,745
Avg. Annual Appreciation
13.40%
Original Mortgage
$112,917
Outstanding Balance
$102,455
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,290
Purchase Details
Closed on
Jul 19, 2000
Bought by
Cook Leslie R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jackson Terrel R | $115,000 | Edge Abstract | |
| Cook Leslie R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jackson Terrel R | $112,917 | |
| Previous Owner | Cook Leslie R | $42,843 | |
| Previous Owner | Cook Leslie R | $25,122 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $150,000 | -13.0% | $63 / Sq Ft |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $172,500 | +50.0% | $72 / Sq Ft |
| 04/02/2021 04/02/21 | Sold | $115,000 | 0.0% | $48 / Sq Ft |
| 03/29/2021 03/29/21 | For Sale | $115,000 | -- | $48 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $790 | $29,100 | $6,300 | $22,800 |
| 2024 | $1,292 | $29,100 | $6,300 | $22,800 |
| 2023 | $1,272 | $29,100 | $6,300 | $22,800 |
| 2022 | $1,272 | $29,100 | $6,300 | $22,800 |
| 2021 | $1,272 | $29,100 | $6,300 | $22,800 |
| 2020 | $1,259 | $29,100 | $6,300 | $22,800 |
| 2019 | $1,259 | $29,100 | $6,300 | $22,800 |
| 2018 | $1,259 | $29,100 | $6,300 | $22,800 |
| 2017 | $1,251 | $29,100 | $6,300 | $22,800 |
| 2016 | $715 | $29,100 | $6,300 | $22,800 |
| 2015 | $715 | $29,100 | $6,300 | $22,800 |
| 2014 | $658 | $29,100 | $6,300 | $22,800 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Costello
-
Diana Guzman-Rivera
Buyer's Agent in 2023
Diana Guzman-Rivera
Coldwell Banker Realty
(843) 489-5417
1 in this area
30 Total Sales
-
B
Seller's Agent in 2021
Briefcase.Bobby Ballard
HomeSmart Realty Advisors
Map
Source: Bright MLS
MLS Number: PABK2033854
APN: 06-5307-73-61-1634
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