NOT LISTED FOR SALE

Estimated Value: $208,732

-- Bed
-- Bath
2,200 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $152,900 $70 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,210/month

107 Days on Market

Highlights

  • Traditional Architecture
  • Oversized Parking
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of December 2022

Huge price reduction! Seller reduced price for updating needed. This is a great opportunity to make money at this price to live in one and fix up the other or to fix up and rent both in this high demand rental market. The first floor unit has a very large living room/dining room space with a half bath. There is a galley kitchen which leads to a private spacious bedroom with a full bath that was recently renovated for his elderly parents when they lived there. There is a small laundry area outside of the main bedroom leading to the courtyard. The second unit is a second and third floor unit. There is a large living room and full private bath at the top of the stairs. This unit has a full size kitchen and 3 bedrooms, 1 on the second level and the other two on the third level, one is a walk through. There is also a full bathroom on each level! There is another small room that could be an office/play room. Outside is a detached garage that is 19Wx 39L that could be rented out for additional storage use but could easily fit 2 cars but the alley is narrow so no truck would be able to make the turn into the garage. The back garage door does need repair/replacement.
The basement is entered through the Bilco door on the front sidewalk. The basement is dry, has tons of space for storage, has a brand new hot water heater, it has gas heat and 2 separate electric meters which are located in the front side. The basement runs the full length of the building and is dry. Rent projection is 750 for first floor and 1250 for 2nd floor and 300/350 for the oversized 2 + car garage.

Last Agent to Sell the Property

Lorraine Guthier

Iron Valley Real Estate of Berks Listed on: 08/19/2022

Iron Valley Real Estate of Berks

Last Buyer's Agent

Marielys Arroyo Alindato

Iron Valley Real Estate of Berks

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $739

Year Built

  • Built in 1915

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, trash collection, water
  • Tax Lot 1607
  • Assessor Parcel Number 09-5317-69-01-1607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$739

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerators, Kitchen Appliances
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Huge price reduction! Seller reduced price for updating needed. This is a great opportunity to make money at this price to live in one and fix up the other or to fix up and rent both in this high demand rental market. The first floor unit has a very large living room/dining room space with a half bath. There is a galley kitchen which leads to a private spacious bedroom with a full bath that was recently renovated for his elderly parents when they lived there. There is a small laundry area outside of the main bedroom leading to the courtyard. The second unit is a second and third floor unit. There is a large living room and full private bath at the top of the stairs. This unit has a full size kitchen and 3 bedrooms, 1 on the second level and the other two on the third level, one is a walk through. There is also a full bathroom on each level! There is another small room that could be an office/play room. Outside is a detached garage that is 19Wx 39L that could be rented out for additional storage use but could easily fit 2 cars but the alley is narrow so no truck would be able to make the turn into the garage. The back garage door does need repair/replacement. The basement is entered through the Bilco door on the front sidewalk. The basement is dry, has tons of space for storage, has a brand new hot water heater, it has gas heat and 2 separate electric meters which are located in the front side. The basement runs the full length of the building and is dry. Rent projection is 750 for first floor and 1250 for 2nd floor and 300/350 for the oversized 2 + car garage.
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 71.36
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 231

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • 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
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

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

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 3326
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2022
  • Zoning: INDUSTRIAL
  • Zoning Description: Multi Story

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 303.00
  • Tax Annual Amount: 739.00
  • Assessor Parcel Number: 09-5317-69-01-1607
  • Tax Lot: 1607
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/20/2022

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Dec 20, 2022
Sold by
Nguyen Dung Dinh
Bought by
Mancebo Abel Almonte and Diaz Ana L
Seller's Agent
Lorraine Guthier
Iron Valley Real Estate of Berks
Buyer's Agent
Marielys Arroyo Alindato
Iron Valley Real Estate of Berks
List Price
$175,000
Sold Price
$152,900
Premium/Discount to List
-$22,100
-12.63%
Total Days on Market
107
Views
138
Current Estimated Value
$208,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,832
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Mar 14, 2010
Sold by
Nguyen Thai
Bought by
Nguyen Dung Dinh
Source: Public Records

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Range of Values:

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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
Mancebo Abel Almonte $152,900 --
Nguyen Dung Dinh $10,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $152,900 -2.6% $70 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $157,000 -6.5% $71 / Sq Ft
10/07/2022 10/07/22 Price Changed $167,900 -1.2% $76 / Sq Ft
09/16/2022 09/16/22 Price Changed $169,900 -2.9% $77 / Sq Ft
08/19/2022 08/19/22 For Sale $175,000 -- $80 / 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 $459 $16,900 $11,000 $5,900
2024 $750 $16,900 $11,000 $5,900
2023 $739 $16,900 $11,000 $5,900
2022 $739 $16,900 $11,000 $5,900
2021 $739 $16,900 $11,000 $5,900
2020 $731 $16,900 $11,000 $5,900
2019 $731 $16,900 $11,000 $5,900
2018 $731 $16,900 $11,000 $5,900
2017 $727 $16,900 $11,000 $5,900
2016 $415 $16,900 $11,000 $5,900
2015 $415 $16,900 $11,000 $5,900
2014 $382 $16,900 $11,000 $5,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2020394

Bright MLS

APN: 09-5317-69-01-1607