Todd Sell
Pagoda Realty ERA Powered
(484) 772-2844
152 Total Sales
2 in Hyde Park-Muhlenberg
$190K - $215K Price Range
2532 Kutztown Rd Reading, PA 19605
Hyde Park-Muhlenberg Neighborhood
Studio
2
Baths
1,663
Sq Ft
1,306
Sq Ft Lot
Highlights
- Second Kitchen
- Balcony
- Double Pane Windows
- Victorian Architecture
- Porch
- More Than Two Accessible Exits
About This Home
As of June 2022Muhlenberg Schools very large Victorian stone & brick 2 unit just rehabbed and is in excellent condition. Unit 1 - 1st floor, 3 rooms, 1 BR, living room, kitchen, bath, electric cooking & hot water, owner is currently paying the electric, new tenant paying $1,000 a month on a one year lease. Unit 2 is the 2nd & 3rd floors, 5 rooms, 3 BRS, living room, kitchen, bath, 2nd floor balcony, electric cooking & hot water, tenants pay electric, currently vacant and ready for an owner occupant or tenant rental. Projected rent $1,400. Owner pays gas heat, water, sewer, trash, recycling. Total annual income: 28,800. Total expenses: 6,525. NOI: 22,275. Cap Rate 12%. Expenses breakdown: Ins: 506. W/S: 1,680. Trash: 560. Owner's Electric: 100. Gas: 1,050. Taxes: 2,529. Permits: 100. Beautiful turn-key investment property perfect for an owner occupant or investor!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 06/01/2022
Last Buyer's Agent
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 06/01/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,529
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
Interior Spaces
- 1,663 Sq Ft Home
- Double Pane Windows
- Replacement Windows
- Window Screens
Kitchen
- Second Kitchen
- Electric Oven or Range
- Extra Refrigerator or Freezer
Flooring
- Carpet
- Vinyl
Unfinished Basement
- Front and Rear Basement Entry
- Drain
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Balcony
- Exterior Lighting
- Porch
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- Above Ground Utilities
- 100 Amp Service
- Multi-Tank Electric Water Heater
Listing and Financial Details
- The owner pays for common area maintenance, electricity, gas, heat, insurance, lawn/shrub care, repairs, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
- Tax Lot 9211
- Assessor Parcel Number 66-5308-16-94-9211
Community Details
Overview
- 2 Units
- 4-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Trash Expense $560
- Operating Expense $6,525
- Gross Income $28,800
- Net Operating Income $22,275
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$185,000
Sold Price
$185,000
Purchase Details
Listed on
Oct 11, 2021
Closed on
Oct 22, 2021
Sold by
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
391.95%
Purchase Details
Closed on
May 21, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,120
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hyde Park-Muhlenberg, PA
-
Todd Sell
-
Marcus Gonzalez
Marcus Gonzalez
Atlas Land and Homes
(223) 216-5019
94 Total Sales
2 in Hyde Park-Muhlenberg
$235K - $265K Price Range
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
2 in Hyde Park-Muhlenberg
$275K - $425K Price Range
-
Carly Schaffer
Carly Schaffer
Keller Williams Platinum Realty - Wyomissing
(610) 463-1363
60 Total Sales
2 in Hyde Park-Muhlenberg
$180K - $192K Price Range
-
Ken Varilek
Ken Varilek
Responds QuicklyEXP Realty, LLC
(484) 666-0126
133 Total Sales
1 in Hyde Park-Muhlenberg
$164,900 Price
-
Joe Hill
Joe Hill
Homestarr Realty
(856) 543-2291
114 Total Sales
1 in Hyde Park-Muhlenberg
$222,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $185,000 | Abstract Signature | ||
| $70,000 | Abstract Signature | ||
| $85,150 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $68,120 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $185,000 | 0.0% | $111 / Sq Ft | |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- | |
| 06/01/2022 06/01/22 | For Sale | $185,000 | +164.3% | $111 / Sq Ft | |
| 10/22/2021 10/22/21 | Sold | $70,000 | -30.0% | $42 / Sq Ft | View Prior Sale |
| 10/11/2021 10/11/21 | For Sale | $100,000 | -- | $60 / Sq Ft | |
| 10/10/2021 10/10/21 | Pending | -- | -- | -- |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $860 | $57,300 | $13,300 | $44,000 |
| 2025 | $860 | $57,300 | $13,300 | $44,000 |
| 2024 | $2,759 | $57,300 | $13,300 | $44,000 |
| 2023 | $2,589 | $57,300 | $13,300 | $44,000 |
| 2022 | $2,546 | $57,300 | $13,300 | $44,000 |
| 2021 | $2,486 | $57,300 | $13,300 | $44,000 |
| 2020 | $2,486 | $57,300 | $13,300 | $44,000 |
| 2019 | $2,433 | $57,300 | $13,300 | $44,000 |
| 2018 | $2,390 | $57,300 | $13,300 | $44,000 |
| 2017 | $2,345 | $57,300 | $13,300 | $44,000 |
| 2016 | $695 | $57,300 | $13,300 | $44,000 |
| 2015 | $695 | $57,300 | $13,300 | $44,000 |
| 2014 | $695 | $57,300 | $13,300 | $44,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
Seller's Agent in 2022
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
5 in this area
200 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2016706
APN: 5308-16-94-9211
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