NOT LISTED FOR SALE

2701 Kutztown Rd Reading, PA 19605

Hyde Park-Muhlenberg Neighborhood

Estimated Value: $223,090 - $278,000

Studio
1 Bath
1,904 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2016

Last sale price $110,000 $58 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,441 / mo

17 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Replacement Windows
  • No HOA
  • Ceiling Fan
  • Energy-Efficient Windows

About This Home

As of February 2016

Exceptional, Bank owned 2 unit apartment building. Building is in excellent condition, with long term tenant ( 5 yrs) on first floor, and second floor apartment has been professionally cleaned and is ready for occupancy. Tenants pay their own gas & electric. Water service is not split, so water & sewer are convered by landlord. Both units have hook-ups for individual washer & dryers. There is a two car parking lot on the rear side, w/a nice yard & alley access as well. The only thing you'll need to do it get the second floor rented and start flowing cash!

Last Agent to Sell the Property

Liz Egner

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #AB062436L Listed on: 01/11/2016

RE/MAX Of Reading

Co-Listed By

Dave Decembrino

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS223349L

Last Buyer's Agent

Anthony Borelli

(610) 779-2500 office@c21gold.com Century 21 Gold License #RS227951L

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1838

Lot Details

  • 6,098 Sq Ft Lot
  • Southwest Facing Home
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Stone Foundation
  • Slab Foundation
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,904 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Storage In Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Muhlenberg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1795
  • Assessor Parcel Number 66-5318-13-04-1795

Community Details

Overview

  • No Home Owners Association
  • Hyde Park Subdivision

Building Details

  • Operating Expense $2,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1838

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic
  • Year Built: 1838
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone, Concrete Perimeter, Slab
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1904
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 65.60
  • Above Grade Finished Sq Ft: 1904
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MUHLENBERG

Lot Info

  • Improvement Assessed Value: 30500.00
  • Land Assessed Value: 30800.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1547607
  • Tax Annual Amount: 2463.00
  • Assessor Parcel Number: 66-5318-13-04-1795
  • Tax Lot: 1795
  • Tax Year: 2016

MLS Schools

  • School District Name: MUHLENBERG

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
Jan 11, 2016
Closed on
Feb 29, 2016
Sold by
Bought by
Seller's Agent
Liz Egner
RE/MAX Of Reading
Buyer's Agent
Anthony Borelli
Century 21 Gold
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%
Current Estimated Value
$252,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,688
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Jul 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2005
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
$49,600
Interest Rate
0.0595%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$110,000 None Available
$1,600 None Available
$62,000 --
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
Closed $49,600
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
02/29/2016 02/29/16 Sold $110,000 -11.9% $58 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $124,900 -- $66 / Sq Ft
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 $920 $61,300 $30,800 $30,500
2025 $920 $61,300 $30,800 $30,500
2024 $2,951 $61,300 $30,800 $30,500
2023 $2,770 $61,300 $30,800 $30,500
2022 $2,724 $61,300 $30,800 $30,500
2021 $2,660 $61,300 $30,800 $30,500
2020 $2,660 $61,300 $30,800 $30,500
2019 $2,699 $61,300 $30,800 $30,500
2018 $2,557 $61,300 $30,800 $30,500
2017 $2,509 $61,300 $30,800 $30,500
2016 $743 $61,300 $30,800 $30,500
2015 $743 $61,300 $30,800 $30,500
2014 $743 $61,300 $30,800 $30,500
Source: Public Records

Agents Affiliated with this Home

  • Liz Egner

    Seller's Agent in 2016

    Liz Egner

    RE/MAX of Reading

    (610) 656-9426

    3 in this area

    143 Total Sales

    Liz Egner
    Section Image
  • Dave Decembrino

    Seller Co-Listing Agent in 2016

    Dave Decembrino

    RE/MAX of Reading

    (610) 656-9427

    1 in this area

    182 Total Sales

    Dave Decembrino
    Section Image
  • Anthony Borelli

    Buyer's Agent in 2016

    Anthony Borelli

    Century 21 Gold

    (610) 507-3520

    3 in this area

    273 Total Sales

    Anthony Borelli
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003897575

Bright MLS

APN: 66-5318-13-04-1795

Pennsylvania Berks County Reading 19605 Hyde Park-Muhlenberg

2701 Kutztown Rd, Reading, PA

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