NOT LISTED FOR SALE

2300 Kutztown Rd Reading, PA 19605

Outer Muhlenberg Township Neighborhood

Estimated Value: $216,581 - $304,000

-- Bed
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold December 31, 2014

Last sale price $110,000

Est. 137% increase in value since last sale

Current estimated payment $1,469/month

Highlights

  • 4 Car Detached Garage
  • En-Suite Primary Bedroom
  • Radiator

About This Home

As of December 2014

This is a 2 1/2 story single family dwelling with 9 rental garages. The exterior of the home is very well cared for with vinyl siding, a newer roof and mostly brand new replacement windows. The owner has just completed remodeling the interior of the home which consisted of having it painted professionally top to bottom, having the upstairs bath totally renovated and making several improvements to the kitchen. There is a detached block building (approx 20 years old) containing 5 large garages (approx 12x28) and 4 small units (approx 9x7) The small units rent for $35 per month, and the large ones $85-90/mo bringing in a total of $575 monthly. Before the home was redone, it rented for $695 but that number will go up substantially now! The owner at one time had over 20 single family rental properties and he said this was always his best money maker!

Last Agent to Sell the Property

Craig Binkley

(555) 867-5309 binkleyjr@gmail.com A G Binkley Jr Real Estate Listed on: 03/21/2014

Last Buyer's Agent

Craig Binkley

(555) 867-5309 binkleyjr@gmail.com A G Binkley Jr Real Estate Listed on: 03/21/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1911

Lot Details

  • 6,970

Parking

  • 4 Car Detached Garage
  • 5 Open Parking Spaces

Home Design

  • Vinyl Siding

Utilities

  • Radiator
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • 6,970 Sq Ft Lot

Community Details

  • Operating Expense $2,783

Listing and Financial Details

  • Tax Lot 7066
  • Assessor Parcel Number 66-5308-16-93-7066

Property Details

Home Type

Multi-Family

Year Built

1911

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1911

Interior Features

  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Detached Garage

Utilities

  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: MUHLENBERG
  • School District Key: 300200397508

Lot Info

  • Improvement Assessed Value: 38600.00
  • Land Assessed Value: 32800.00
  • Land Use Code: 4272
  • Lot Size Acres: 0.16
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: RES

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Assessor Parcel Number: 1544041
  • Tax Annual Amount: 2837.0
  • Assessor Parcel Number: 66-5308-16-93-7066
  • Tax Lot: 7066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Dec 31, 2014
Sold by
Binkley Alvin G and Binkley Constance M
Bought by
Bialek Duane
Seller's Agent
Craig Binkley
A G Binkley Jr Real Estate
Buyer's Agent
Craig Binkley
A G Binkley Jr Real Estate
List Price
$115,900
Sold Price
$110,000
Premium/Discount to List
-$5,900
-5.09%
Current Estimated Value
$260,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,291
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Aug 9, 1978
Bought by
Binkley Alvin G and Binkley Constance M
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
Bialek Duane $110,000 None Available
Binkley Alvin G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $110,000 -5.1% --
10/10/2014 10/10/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $115,900 -- --
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 $1,072 $71,400 $32,800 $38,600
2024 $3,437 $71,400 $32,800 $38,600
2023 $3,226 $71,400 $32,800 $38,600
2022 $3,173 $71,400 $32,800 $38,600
2021 $3,098 $71,400 $32,800 $38,600
2020 $3,098 $71,400 $32,800 $38,600
2019 $3,032 $71,400 $32,800 $38,600
2018 $2,979 $71,400 $32,800 $38,600
2017 $2,923 $71,400 $32,800 $38,600
2016 $866 $71,400 $32,800 $38,600
2015 $866 $71,400 $32,800 $38,600
2014 $866 $71,400 $32,800 $38,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Craig Binkley

    A G Binkley Jr Real Estate

    (555) 867-5309

    2 in this area

    41 Total Sales

    Craig Binkley
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002851232

Bright MLS

APN: 66-5308-16-93-7066

Pennsylvania Berks County Reading 19605 Outer Muhlenberg Township

2300 Kutztown Rd, Reading, PA

This home is located at 2300 Kutztown Rd, Reading, PA 19605 since 21 March 2014 and is currently estimated at $260,291. This property was built in 1911. 2300 Kutztown Rd is a home located in Berks County with nearby schools including Muhlenberg Elementary Center, C E Cole Intermediate School, and Muhlenberg Junior High School.

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