NOT LISTED FOR SALE

Estimated Value: $201,310 - $224,000

-- Bed
1 Bath
1,516 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $150,000 $99 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,219/month

45 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of February 2022

Nice 2 unit in Wernersville. 1st floor is a 1-bedroom and upper apartment is 2 bedrooms. Off-street parking and a basement garage for additional storage. Gas furnace and water heater. Currently tenant occupied. Owners have kept after the maintenance and Wernersville rental inspections. Seller is also selling attached single family rental home at 262 E Penn Ave.

Last Agent to Sell the Property

Dave Mattes

RE/MAX Of Reading License #RS-208588-L Listed on: 11/19/2021

RE/MAX Of Reading

Last Buyer's Agent

Jimmy Thelusca

Pagoda Realty License #RS333622

Pagoda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1920

Lot Details

  • 2,613 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 2 Off-Street Spaces
  • Basement Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 1,516 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Conrad Weiser High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for all utilities, electricity, gas, heat, insurance, repairs, sewer, sewer maintenance, real estate taxes, trash collection, water
  • Tax Lot 1827
  • Assessor Parcel Number 90-4366-11-76-1827

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $591
  • Other Expense $3,131
  • Trash Expense $720
  • Operating Expense $4,442
  • Gross Income $17,940
  • Net Operating Income $10,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,729

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: 2 ranges, 2 refrigerators, dishwasher
  • New Construction: No
  • Other Expense: 3131.00
  • Expected On Market: 2021-11-20
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Nice 2 unit in Wernersville. 1st floor is a 1-bedroom and upper apartment is 2 bedrooms. Off-street parking and a basement garage for additional storage. Gas furnace and water heater. Currently tenant occupied. Owners have kept after the maintenance and Wernersville rental inspections. Seller is also selling attached single family rental home at 262 E Penn Ave.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1516
  • Living Area Sq Ft: 1516
  • Price Per Sq Ft: 102.18
  • Above Grade Finished Sq Ft: 1516
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 260

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Schools

  • School District: CONRAD WEISER AREA
  • High School: CONRAD WEISER
  • High School Source: Listing Agent
  • School District Key: 300200397419
  • School District Source: Listing Agent
  • High School: CONRAD WEISER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 44600.00
  • Land Assessed Value: 15200.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: All Utilities, Electricity, Gas, Heat, Insurance, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 17940.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1585600
  • School Tax: 1877.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2729.00
  • Assessor Parcel Number: 90-4366-11-76-1827
  • Tax Lot: 1827
  • Tax Total Finished Sq Ft: 1516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/18/2022

Multi Family

  • Gross Income: 17940.00
  • Gross Scheduled Income: 17940.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4442.00

MLS Schools

  • School District Name: CONRAD WEISER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 18, 2022
Sold by
Mattes David M and Mattes Melanie D
Bought by
Ducasse Nadege
Seller's Agent
Dave Mattes
RE/MAX Of Reading
Buyer's Agent
Jimmy Thelusca
Pagoda Realty
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$208,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,828
Avg. Annual Appreciation
9.86%
Original Mortgage
$112,500
Outstanding Balance
$104,862
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$103,966

Purchase Details

Closed on
Oct 3, 2005
Sold by
Knoll Richard W
Bought by
Mattes David M and Mattes Melanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,320
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2002
Sold by
Double D Investments
Bought by
Knoll Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ducasse Nadege $150,000 None Listed On Document
Mattes David M $81,600 --
Knoll Richard W $65,000 Conestoga Berks Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ducasse Nadege $112,500
Previous Owner Mattes David M $3,000
Previous Owner Mattes David M $56,000
Previous Owner Mattes David M $16,320
Previous Owner Mattes David M $57,120
Previous Owner Knoll Richard W $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $150,000 0.0% $99 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
01/03/2022 01/03/22 Off Market $150,000 -- --
12/26/2021 12/26/21 Price Changed $154,900 -3.1% $102 / Sq Ft
12/13/2021 12/13/21 Price Changed $159,900 -5.9% $105 / Sq Ft
12/01/2021 12/01/21 Price Changed $169,900 -2.9% $112 / Sq Ft
11/19/2021 11/19/21 For Sale $175,000 -- $115 / 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 $998 $59,800 $15,200 $44,600
2024 $2,873 $59,800 $15,200 $44,600
2023 $2,585 $59,800 $15,200 $44,600
2022 $2,729 $59,800 $15,200 $44,600
2021 $2,684 $59,800 $15,200 $44,600
2020 $2,626 $59,800 $15,200 $44,600
2019 $2,578 $59,800 $15,200 $44,600
2018 $2,527 $59,800 $15,200 $44,600
2017 $2,428 $59,800 $15,200 $44,600
2016 $790 $59,800 $15,200 $44,600
2015 $790 $59,800 $15,200 $44,600
2014 $790 $59,800 $15,200 $44,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2007050

Bright MLS

APN: 90-4366-11-76-1827