$65,000
SOLD MAY 26, 2017
-- Bed
-- Bath
2,380 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • No HOA
  • Heating System Uses Steam
  • 4-minute walk to Riverfront Park
  • En-Suite Primary Bedroom
  • Radiator

About This Home

As of August 2019

Great 3 unit investment property. Live in one unit and rent out the other two or rent all three. Property is approved for a multi-unit and has undergone city inspections. Taxes are very low and this property is a money maker. All three units have been updated and in December 2016, the heater was converted to gas and a new heater installed. There is very little upkeep so schedule your tour today.

Last Agent to Sell the Property

Nina Catagnus

Home Town Realty Listed on: 04/10/2017

Last Buyer's Agent

Dianna Alpini

Keller Williams Platinum Realty - Wyomissing License #RS317683

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 2,380 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

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

Utilities

  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3771
  • Assessor Parcel Number 04-5306-34-78-3771

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $850
  • Maintenance Expense $1,500
  • Operating Expense $8,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$486

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Great 3 unit investment property. Live in one unit and rent out the other two or rent all three. Property is approved for a multi-unit and has undergone city inspections. Taxes are very low and this property is a money maker. All three units have been updated and in December 2016, the heater was converted to gas and a new heater installed. There is very little upkeep so schedule your tour today.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2380
  • Living Area Sq Ft: 2380
  • Price Per Sq Ft: 29.41
  • Above Grade Finished Sq Ft: 2380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 231

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 3600.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Steam, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2040.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 6900.00
  • Land Assessed Value: 4400.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 22680.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1442856
  • Tax Annual Amount: 486.00
  • Assessor Parcel Number: 04-5306-34-78-3771
  • Tax Lot: 3771
  • Tax Year: 2017
  • Close Date: 05/26/2017

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 16, 2019
Sold by
Mcmearty Marie M
Bought by
Yunganaula Manuel and Mejia Maria Luisa
Seller's Agent
Christina Manning
Coldwell Banker Realty
Buyer's Agent
Dianna Alpini
Keller Williams Platinum Realty - Wyomissing
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$184,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,839
Avg. Annual Appreciation
9.33%

Purchase Details

Listed on
Aug 19, 2018
Closed on
Sep 26, 2018
Sold by
Plasencia Jose
Bought by
Mcmearty Marie M
Seller's Agent
Dianna Alpini
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Christina Manning
Coldwell Banker Realty
List Price
$97,000
Sold Price
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$72,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 26, 2017
Sold by
Lineman Donna M
Bought by
Plasencia Jose
Seller's Agent
Nina Catagnus
Home Town Realty
Buyer's Agent
Dianna Alpini
Keller Williams Platinum Realty - Wyomissing
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.31%

Purchase Details

Closed on
Sep 15, 2005
Sold by
Agramonte Luz M and Rosario Pablo A
Bought by
Lineman Christopher E and Lineman Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,994
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $105,000 None Available
Deed $97,000 Aaron Abstract
Deed $65,000 None Available
Deed $60,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,750 New Conventional
Previous Owner $54,994 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $105,000 -8.7% $44 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $115,000 +18.6% $48 / Sq Ft
10/30/2018 10/30/18 Sold $97,000 0.0% $41 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/19/2018 08/19/18 For Sale $97,000 +49.2% $41 / Sq Ft
05/26/2017 05/26/17 Sold $65,000 -7.1% $27 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $70,000 +7.7% $29 / Sq Ft
02/24/2017 02/24/17 Sold $65,000 -9.7% $27 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $72,000 -- $30 / 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 $307 $11,300 $4,400 $6,900
2024 $502 $11,300 $4,400 $6,900
2023 $494 $11,300 $4,400 $6,900
2022 $494 $11,300 $4,400 $6,900
2021 $494 $11,300 $4,400 $6,900
2020 $489 $11,300 $4,400 $6,900
2019 $489 $11,300 $4,400 $6,900
2018 $489 $11,300 $4,400 $6,900
2017 $486 $11,300 $4,400 $6,900
2016 $278 $11,300 $4,400 $6,900
2015 $278 $11,300 $4,400 $6,900
2014 $255 $11,300 $4,400 $6,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003263459

Bright MLS

APN: 04-5306-34-78-3771