NOT LISTED FOR SALE

28 Philadelphia Ave Reading, PA 19607

Estimated Value: $219,000 - $268,000

-- Bed
2 Baths
1,292 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $128,000 $99 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,410/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Traditional Architecture
  • 3 Car Detached Garage
  • Hot Water Heating System

About This Home

As of July 2020

Excellent investment opportunity! Live in one unit and rent the others OR rent them all! This property features a 2 BR unit on the second floor, a 1 BR unit on the first floor and 3 rentable garages in the rear. All are currently rented for a total of $1790/mo in total income for great cash flow! Please schedule your showing today!

Last Agent to Sell the Property

Kevin Snyder

RE/MAX Of Reading License #5020826 Listed on: 06/24/2020

RE/MAX Of Reading

Last Buyer's Agent

Matthew Stauffer

United Real Estate Strive 212

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Stucco

Interior Spaces

  • 1,292 Sq Ft Home
  • Replacement Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for heat, common area maintenance, insurance, lawn/shrub care, sewer, real estate taxes, trash collection, water
  • Tax Lot 3927
  • Assessor Parcel Number 77-4395-07-77-3927

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

3

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: 1890
  • Remarks Public: Excellent investment opportunity! Live in one unit and rent the others OR rent them all! This property features a 2 BR unit on the second floor, a 1 BR unit on the first floor and 3 rentable garages in the rear. All are currently rented for a total of $1790/mo in total income for great cash flow! Please schedule your showing today!
  • Special Features: None

Interior Features

  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1292
  • Living Area Sq Ft: 1292
  • Price Per Sq Ft: 116.02
  • Above Grade Finished Sq Ft: 1292
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45100.00
  • Land Assessed Value: 35300.00
  • Land Use Code: 149
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Owner Pays: Heat, Common Area Maintenance, Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 21480.00
  • Units Leased Count: 5
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1563777
  • School Tax: 2299.00
  • Tax Annual Amount: 3489.00
  • Assessor Parcel Number: 77-4395-07-77-3927
  • Tax Lot: 3927
  • Tax Total Finished Sq Ft: 1292
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/30/2020

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
God Is 1 Llc
Bought by
Pina Vision Llc
Current Estimated Value
$238,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$240,000
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$9,223

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 30, 2020
Sold by
Helm Michael A
Bought by
God Is 1 Llc
Seller's Agent
Kevin Snyder
RE/MAX Of Reading
Buyer's Agent
Matthew Stauffer
United Real Estate Strive 212
List Price
$149,900
Sold Price
$128,000
Premium/Discount to List
-$21,900
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Jan 24, 2012
Sold by
Heim Michael A and Heim Krista L
Bought by
Heim Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,742
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Krick Alda A
Bought by
Heim Michael A and Heim Krista L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,740
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2005
Sold by
Krick Alda A and King Alda A
Bought by
Krick Alda A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pina Vision Llc $240,500 Conestoga Title
God Is 1 Llc $128,000 Signature Abstract
Heim Michael A -- None Available
Heim Michael A $126,378 None Available
Krick Alda A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pina Vision Llc $240,000
Previous Owner God Is 1 Llc $165,000
Previous Owner God Is 1 Llc $110,000
Previous Owner Heim Michael A $114,742
Previous Owner Heim Michael A $113,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $128,000 -14.6% $99 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $149,900 -- $116 / 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 $1,299 $80,400 $35,300 $45,100
2024 $3,665 $80,400 $35,300 $45,100
2023 $3,570 $80,400 $35,300 $45,100
2022 $3,529 $80,400 $35,300 $45,100
2021 $3,489 $80,400 $35,300 $45,100
2020 $3,489 $80,400 $35,300 $45,100
2019 $3,449 $80,400 $35,300 $45,100
2018 $3,409 $80,400 $35,300 $45,100
2017 $3,346 $80,400 $35,300 $45,100
2016 $1,143 $80,400 $35,300 $45,100
2015 $1,143 $80,400 $35,300 $45,100
2014 $1,045 $80,400 $35,300 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK359698

Bright MLS

APN: 77-4395-07-77-3927