Seller's Agent in 2022
Douglas Hayward
Doug Hayward Real Estate
(610) 780-9821
2 in this area
22 Total Sales
2942 Kutztown Rd Reading, PA 19605
Hyde Park-Muhlenberg NeighborhoodEstimated Value: $589,234
--
Bed
--
Bath
--
Sq Ft
10,019
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- Tile or Brick Flooring
- Electric Baseboard Heater
- 1 Fireplace
- 8 Attached Carport Spaces
- Replacement Windows
About This Home
As of February 2022Spacious 1st floor apartment with fireplace and rear concrete patio with shed, carport for owners parking.
Newer macadam (approx 6 yrs), off street parking. one of roofs replaced recently. Tenants pay own heat and electric. Owners pays water, sewer, taxes, snow removal, grass cutting , 10% management and insurance. Units are in good condition with most leases on a month to month basis and rents could be higher. 6 UNITS TOTAL.
2020 Income 58440
2020 Expenses 29767
2020 NOI 28673
Last Agent to Sell the Property
(610) 780-9821 dwhnano@gmail.com Doug Hayward Real Estate License #RB042831 Listed on: 09/17/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,148
Year Built
- Built in 1900
Lot Details
- 10,019 Sq Ft Lot
- Property is in very good condition
Home Design
- Permanent Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
- Stucco
Interior Spaces
- 1 Fireplace
- Replacement Windows
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Parking
- 8 Parking Spaces
- 8 Attached Carport Spaces
- Paved Parking
- Parking Lot
Schools
- Muhlenberg Elementary Center
- Muhlenberg Middle School
- Muhlenberg High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- The owner pays for accounting/legal, advertising/licenses and permits, common area maintenance, insurance, lawn/shrub care, repairs, sewer, snow removal, real estate taxes, trash collection, water
- Tax Lot 8306
- Assessor Parcel Number 66-5308-12-96-8306
Community Details
Overview
- 4 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $2,000
- Maintenance Expense $1,800
- Other Expense $15,390
- Operating Expense $19,415
- Gross Income $55,518
- Net Operating Income $33,181
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2021
Closed on
Feb 28, 2022
Sold by
Mks Real Estate Holdings Llc
Bought by
Balliet Enterprises Llc
Seller's Agent
Douglas Hayward
Doug Hayward Real Estate
Buyer's Agent
Branden Spece
United Real Estate Strive 212
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,234
Avg. Annual Appreciation
8.38%
Original Mortgage
$348,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2015
Closed on
Jun 26, 2015
Sold by
Logozzo Rosa
Bought by
Mks Real Estate Holdings Llc
Seller's Agent
Creighton Stringer
Pagoda Realty
Buyer's Agent
Douglas Hayward
Doug Hayward Real Estate
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$225,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 23, 1983
Bought by
Logozzo Rosa
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Balliet Enterprises Llc | $435,000 | Stewart Title Guaranty Company | |
| Mks Real Estate Holdings Llc | $300,000 | None Available | |
| Logozzo Rosa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Balliet Enterprises Llc | $348,000 | |
| Previous Owner | Mks Real Estate Holdings Llc | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $435,000 | 0.0% | -- | |
| 01/15/2022 01/15/22 | Pending | -- | -- | -- | |
| 01/15/2022 01/15/22 | Off Market | $435,000 | -- | -- | |
| 01/08/2022 01/08/22 | Price Changed | $469,000 | -6.0% | -- | |
| 11/22/2021 11/22/21 | For Sale | $499,000 | 0.0% | -- | |
| 11/13/2021 11/13/21 | Pending | -- | -- | -- | |
| 10/30/2021 10/30/21 | Price Changed | $499,000 | -13.2% | -- | |
| 09/17/2021 09/17/21 | For Sale | $575,000 | +91.7% | -- | |
| 06/26/2015 06/26/15 | Sold | $300,000 | -7.7% | -- | View Prior Sale |
| 04/29/2015 04/29/15 | Pending | -- | -- | -- | |
| 03/23/2015 03/23/15 | For Sale | $325,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,091 | $139,300 | $58,800 | $80,500 |
| 2024 | $6,706 | $139,300 | $58,800 | $80,500 |
| 2023 | $6,295 | $139,300 | $58,800 | $80,500 |
| 2022 | $6,190 | $139,300 | $58,800 | $80,500 |
| 2021 | $6,044 | $139,300 | $58,800 | $80,500 |
| 2020 | $6,044 | $139,300 | $58,800 | $80,500 |
| 2019 | $5,916 | $139,300 | $58,800 | $80,500 |
| 2018 | $5,811 | $139,300 | $58,800 | $80,500 |
| 2017 | $5,702 | $139,300 | $58,800 | $80,500 |
| 2016 | $1,689 | $139,300 | $58,800 | $80,500 |
| 2015 | $1,689 | $139,300 | $58,800 | $80,500 |
| 2014 | $1,689 | $139,300 | $58,800 | $80,500 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Hayward
-
Branden Spece
Buyer's Agent in 2022
Branden Spece
United Real Estate Strive 212
(484) 345-1942
2 in this area
63 Total Sales
-
Creighton Stringer
Seller's Agent in 2015
Creighton Stringer
Pagoda Realty
(484) 529-9624
140 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2004778
APN: 66-5308-12-96-8306
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