NOT LISTED FOR SALE

25 Mull Ave Reading, PA 19608

Estimated Value: $216,000 - $283,000

-- Bed
2 Baths
1,968 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $175,000 $89 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,497/month

29 Days on Market

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Main Floor Bedroom
  • Wilson High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2021

Turn key money-making opportunity for this two-unit with long term tenants. Downtown location is walkable. Plenty of off-street parking for several cars including detached one-car garage currently rented for $100 per month(garage unit will be vacant at closing). First floor unit is $600 per month with tenant paid utilities. This is a one-bedroom unit with access to the basement. Current tenant is on a month to month lease and has been here for 11 years and would like to stay longer. Second floor tenant is month to month and has been here for 8 years. This unit pays $800 per month for three-bedrooms and one bathroom with modern style kitchen. Each tenant has separate gas meters for domestic hot water that they pay for. Both units are heated by electric baseboard which tenant pays for as well. Owner pays for water, sewer and trash totaling $1911 for the year. Code inspection will be completed prior to settlement. Room to grow your rents here and give a boost to your portfolio!

Last Agent to Sell the Property

Jeffrey Martin

Century 21 Gold License #RS219358L Listed on: 06/14/2021

Century 21 Gold

Last Buyer's Agent

Jerry Buffa

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Infill Lot
  • Cleared Lot
  • Back and Side Yard
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Rear-Facing Garage
  • Stone Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Poured Concrete
  • Plaster Walls
  • Pitched Roof
  • Slate Roof
  • Aluminum Siding
  • Stone Siding
  • Galvanized Plumbing
  • Cast Iron Plumbing
  • Copper Plumbing

Interior Spaces

  • 1,968 Sq Ft Home
  • Traditional Floor Plan
  • Dining Area
  • Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, trash collection, water
  • Tax Lot 2326
  • Assessor Parcel Number 79-4386-10-36-2326

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,990

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Building Winterized: No
  • Remarks Public: Turn key money-making opportunity for this two-unit with long term tenants. Downtown location is walkable. Plenty of off-street parking for several cars including detached one-car garage currently rented for $100 per month(garage unit will be vacant at closing). First floor unit is $600 per month with tenant paid utilities. This is a one-bedroom unit with access to the basement. Current tenant is on a month to month lease and has been here for 11 years and would like to stay longer. Second floor tenant is month to month and has been here for 8 years. This unit pays $800 per month for three-bedrooms and one bathroom with modern style kitchen. Each tenant has separate gas meters for domestic hot water that they pay for. Both units are heated by electric baseboard which tenant pays for as well. Owner pays for water, sewer and trash totaling $1911 for the year. Code inspection will be completed prior to settlement. Room to grow your rents here and give a boost to your portfolio!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Partially Carpeted, Vinyl, Wood
  • Interior Amenities: Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Tub Shower
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Poured Concrete
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 91.41
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Cast Iron Plumbing, Copper Plumbing, Galvanized Plumbing, Stone
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Pitched, Slate
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WILSON
  • School District Key: 300200397305
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 41800.00
  • Land Assessed Value: 28900.00
  • Land Use Code: 162
  • Lot Features: Cleared, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R-1

Rental Info

  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1566614
  • School Tax: 1857.00
  • Tax Annual Amount: 2990.00
  • Assessor Parcel Number: 79-4386-10-36-2326
  • Tax Lot: 2326
  • Tax Page Number: 11
  • Tax Total Finished Sq Ft: 1968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/31/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 26, 2021
Sold by
Lefkowith Jared and Peppers David
Bought by
Oliadill Llc
Seller's Agent
Jeffrey Martin
Century 21 Gold
Buyer's Agent
Jerry Buffa
Coldwell Banker Realty
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$255,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,622
Avg. Annual Appreciation
8.62%
Original Mortgage
$131,250
Outstanding Balance
$119,688
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$123,492

Purchase Details

Closed on
Jul 21, 2003
Sold by
Nies Margaret E
Bought by
Kline Dianne L and Kline Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Oliadill Llc $175,000 Keystone Title Services
Kline Dianne L $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliadill Llc $131,250
Previous Owner Kline Dianne L $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $175,000 0.0% $89 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/13/2021 07/13/21 Off Market $175,000 -- --
07/07/2021 07/07/21 For Sale $179,900 +2.8% $91 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/25/2021 06/25/21 Off Market $175,000 -- --
06/14/2021 06/14/21 For Sale $179,900 -- $91 / 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 $1,259 $70,700 $28,900 $41,800
2024 $3,297 $70,700 $28,900 $41,800
2023 $3,189 $70,700 $28,900 $41,800
2022 $3,110 $70,700 $28,900 $41,800
2021 $2,990 $70,700 $28,900 $41,800
2020 $2,990 $70,700 $28,900 $41,800
2019 $2,944 $70,700 $28,900 $41,800
2018 $2,894 $70,700 $28,900 $41,800
2017 $2,850 $70,700 $28,900 $41,800
2016 $1,018 $70,700 $28,900 $41,800
2015 $1,018 $70,700 $28,900 $41,800
2014 $1,018 $70,700 $28,900 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK379274

Bright MLS

APN: 79-4386-10-36-2326