NOT LISTED FOR SALE

245 S 5th St Reading, PA 19602

2 Beds
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 15, 2016

Last sale price $33,000

137 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Heating System Uses Oil

About This Home

As of January 2016

This property does it all! There is a commercial unit that is on the 1st and 2nd floor of the building which was a former day care center. On the 3rd floor there is a vacant residential unit which is 2 bedrooms, 1 bath. Open a business and live in the residential unit or rent it out! Multiple opportunities with this property. Also listed as Commercial MLS# 6630466.

Last Agent to Sell the Property

Rick Heffner

RE/MAX Of Reading License #RS209882L Listed on: 08/20/2015

RE/MAX Of Reading

Last Buyer's Agent

Rick Heffner

RE/MAX Of Reading License #RS209882L Listed on: 08/20/2015

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in below average condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9598
  • Assessor Parcel Number 04-5306-35-78-9598

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Remarks Public: This property does it all! There is a commercial unit that is on the 1st and 2nd floor of the building which was a former day care center. On the 3rd floor there is a vacant residential unit which is 2 bedrooms, 1 bath. Open a business and live in the residential unit or rent it out! Multiple opportunities with this property. Also listed as Commercial MLS# 6630466.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Street Number Modifier: 245

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Stone
  • Construction Completed: No
  • 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
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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: 51800.00
  • Land Assessed Value: 32000.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Below Average
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1442888
  • Tax Annual Amount: 3391.00
  • Assessor Parcel Number: 04-5306-35-78-9598
  • Tax Lot: 9598
  • Tax Year: 2015
  • Close Date: 01/15/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Antoine Bernard C
Bought by
Mercedes S8th Llc
Total Days on Market
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$283,448
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2015
Closed on
Jan 12, 2016
Sold by
Lititz Properties Llc
Bought by
Antoine Bernard C
Seller's Agent
Rick Heffner
RE/MAX Of Reading
Buyer's Agent
Rick Heffner
RE/MAX Of Reading
List Price
$45,000
Sold Price
$33,000
Premium/Discount to List
-$12,000
-26.67%
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
Mercedes S8th Llc $95,000 None Listed On Document
Antoine Bernard C $33,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercedes S8th Llc $300,000
Previous Owner Pauley Ronald L $25,000
Previous Owner Pauley Ronald L $25,000
Previous Owner Pauley Ronald L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $33,000 -17.3% --
01/04/2016 01/04/16 Pending -- -- --
10/07/2015 10/07/15 Price Changed $39,900 -11.3% --
08/20/2015 08/20/15 For Sale $45,000 -- --
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 $2,275 $83,800 $32,000 $51,800
2024 $3,721 $83,800 $32,000 $51,800
2023 $3,663 $83,800 $32,000 $51,800
2022 $3,663 $83,800 $32,000 $51,800
2021 $3,663 $83,800 $32,000 $51,800
2020 $3,627 $83,800 $32,000 $51,800
2019 $3,627 $83,800 $32,000 $51,800
2018 $3,627 $83,800 $32,000 $51,800
2017 $3,603 $83,800 $32,000 $51,800
2016 $2,058 $83,800 $32,000 $51,800
2015 $2,058 $83,800 $32,000 $51,800
2014 $1,894 $83,800 $32,000 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002682736

Bright MLS

APN: 04-5306-35-78-9598