NOT LISTED FOR SALE

23 Reading Ave Reading, PA 19610

Estimated Value: $241,000 - $280,000

-- Bed
2 Baths
1,410 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $123,500 $88 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,491/month

Highlights

  • No HOA
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • West Reading Elementary Center Rated A-
  • Parking Storage or Cabinetry
  • Forced Air Heating System

About This Home

As of August 2014

Where else can you walk across the street to get your hair done, go to the gym, tanning, grab a bite to eat, go shopping, go to the library, mail a letter, pretty much ANYTHING?! This 2 unit property is in the PERFECT location, in the heart of Wyomissing Borough, Pennsylvania. This solid brick building has been owned by the same family for the past 90+ years and has been well taken care of. Both units are nicely-sized. Unit 1 consists of 1 BR, 1 BA, a kitchen, a living room and has direct access to the backyard and inside access to the basement. Unit 2 consists of 1 main BR, an attic BR, 1 BA, a kitchen, living room, and a covered roof deck where you can enjoy your morning coffee and look out over the neighborhood. There is a full basement for storage and laundry hookups for both units. Outside there is a flat spacious yard and a detached 2 car garage, which is currently rented for extra income ($50/mo to long-term tenant). Recent updates include Replacement windows throughout, new paint both interior and exterior, a new hot water heater, and NEW GAS FURNACE. (Utilities are very economical here). With some minor interior cosmetic updating, this property will shine! Unit 1 is vacant, allowing the opportunity for an Owner occupant to move right in and cover the mortgage with rental income from Unit 2's long-term tenant. Or rent both units and start fattening your piggy bank- You'll have NO problem finding tenants here!

Last Agent to Sell the Property

Vanessa Doaty

(610) 207-7782 vanessadoatyrealtor@gmail.com Keller Williams Realty Group Listed on: 04/26/2014

Keller Williams Realty Group

Last Buyer's Agent

Michele McCartney

(610) 587-1913 michelemccartney@kw.com Keller Williams Platinum Realty - Wyomissing License #RS166910L

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,410 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Storage In Attic
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Wyomissing Area Junior-Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $3,121

Listing and Financial Details

  • Tax Lot 3351
  • Assessor Parcel Number 96-4397-20-90-3351

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: All Unattached Personal Property; Tenants' Belongings
  • Inclusions: 2 Ranges; 2 Refrigerators- In As Is Condition
  • New Construction: No
  • Storage: Basement, Attic, Garage
  • Year Built: 1916
  • Remarks Public: Where else can you walk across the street to get your hair done, go to the gym, tanning, grab a bite to eat, go shopping, go to the library, mail a letter, pretty much ANYTHING?! This 2 unit property is in the PERFECT location, in the heart of Wyomissing Borough, Pennsylvania. This solid brick building has been owned by the same family for the past 90+ years and has been well taken care of. Both units are nicely-sized. Unit 1 consists of 1 BR, 1 BA, a kitchen, a living room and has direct access to the backyard and inside access to the basement. Unit 2 consists of 1 main BR, an attic BR, 1 BA, a kitchen, living room, and a covered roof deck where you can enjoy your morning coffee and look out over the neighborhood. There is a full basement for storage and laundry hookups for both units. Outside there is a flat spacious yard and a detached 2 car garage, which is currently rented for extra income ($50/mo to long-term tenant). Recent updates include Replacement windows throughout, new paint both interior and exterior, a new hot water heater, and NEW GAS FURNACE. (Utilities are very economical here). With some minor interior cosmetic updating, this property will shine! Unit 1 is vacant, allowing the opportunity for an Owner occupant to move right in and cover the mortgage with rental income from Unit 2's long-term tenant. Or rent both units and start fattening your piggy bank- You'll have NO problem finding tenants here!
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Laminated
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Hookup, Has Laundry
  • Total Sq Ft: 1410
  • Living Area Sq Ft: 1410
  • Price Per Sq Ft: 95.67
  • Above Grade Finished Sq Ft: 1410
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WYOMISSING AREA
  • High School: WYOMISSING AREA JUNIOR-SENIOR
  • School District Key: 300200397308
  • High School: WYOMISSING AREA JUNIOR-SENIOR

Lot Info

  • Improvement Assessed Value: 57100.00
  • Land Assessed Value: 20300.00
  • Land Use Code: 161
  • Lot Size Acres: 0.09
  • Lot Dimensions: IRR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17280.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1594755
  • Tax Annual Amount: 3121.00
  • Assessor Parcel Number: 96-4397-20-90-3351
  • Tax Lot: 3351
  • Tax Year: 2014
  • Close Date: 08/04/2014

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2014
Closed on
Aug 4, 2014
Sold by
Romich Judy A
Bought by
Mccartney Michele A
Seller's Agent
Vanessa Doaty
Keller Williams Realty Group
Buyer's Agent
Michele McCartney
Keller Williams Platinum Realty - Wyomissing
List Price
$134,900
Sold Price
$123,500
Premium/Discount to List
-$11,400
-8.45%
Current Estimated Value
$263,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,833
Avg. Annual Appreciation
7.08%
Original Mortgage
$75,000
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2009
Sold by
Matthai Erich H and Romich Judy A
Bought by
Romich Judy A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccartney Michele A $123,500 None Available
Romich Judy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccartney Michele A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $123,500 -8.5% $88 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $134,900 -- $96 / 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 $1,135 $77,400 $20,300 $57,100
2024 $3,682 $77,400 $20,300 $57,100
2023 $3,446 $77,400 $20,300 $57,100
2022 $3,460 $77,400 $20,300 $57,100
2021 $3,410 $77,400 $20,300 $57,100
2020 $3,355 $77,400 $20,300 $57,100
2019 $3,268 $77,400 $20,300 $57,100
2018 $3,222 $77,400 $20,300 $57,100
2017 $3,200 $77,400 $20,300 $57,100
2016 $855 $77,400 $20,300 $57,100
2015 $855 $77,400 $20,300 $57,100
2014 $855 $77,400 $20,300 $57,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002901136

Bright MLS

APN: 96-4397-20-90-3351