Seller's Agent in 2021
Zylkia Rivera
Keller Williams Platinum Realty - Wyomissing
(484) 769-5873
7 in this area
265 Total Sales
302 N 9th St Reading, PA 19601
Southeast Reading Neighborhood
--
Bed
--
Bath
--
Sq Ft
1,307
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- Electric Baseboard Heater
About This Home
As of May 2021This cash cow is a 9 unit property. Gross annual income is $71,082 and operating expenses are $16,816. The sale includes 302 and 304 N 9th St. The 302 N 9th St building has 1 commercial unit and 4 residential. The 304 N 9th St building has 4 residential units. It is one deed but each property has its own property and school tax bill and water meter. The property has many upgrades which include: 1. ROOF DONE IN 2019. 2. 1 NEW ELECTRIC HOT WATER HEATER. 3. 4 NEW GAS HOT WATER HEATERS. 4. 9 GAS LINE METERS; ONE FOR EACH UNIT. 5. SOME NEW DOUBLE HUNG WINDOWS. 6. 10 ELECTRIC METERS- FOR EACH UNIT AND OWNER. 7. UPGRADED ELECTRIC SERVICE FROM 200 AMP TO 400 AMP. 8. BRAND NEW MAIN BREAKER, METER AND BOX. 9. BRAND NEW 10 ELECTRIC METER BOX AND WIRES. 10. NEW CERAMIC FLOOR IN RESTAURANT. 11. 304 N 9ST NEW COPPER WATER LINES AND VALVES TO EACH APARTMENT. 12. NEW LAMINATE AND VINYL FLOORING IN SOME APARTMENTS. 13. OUTDOOR AND INDOOR SENSOR LIGHTS INSTALLED.
Last Listed By
Keller Williams Platinum Realty - Wyomissing License #RS337559 Listed on: 09/29/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,390
Year Built
- Built in 1890
Lot Details
- 1,307 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Copper Plumbing
- CPVC or PVC Pipes
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Tax Lot 9966
- Assessor Parcel Number 09-5307-76-91-9966
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2020
Closed on
May 7, 2021
Sold by
Angeles Property Management Llc
Bought by
Castillos Properties Llc
Seller's Agent
Zylkia Rivera
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Zylkia Rivera
Keller Williams Platinum Realty - Wyomissing
List Price
$460,000
Sold Price
$420,800
Premium/Discount to List
-$39,200
-8.52%
Total Days on Market
142
Purchase Details
Closed on
May 23, 2018
Sold by
Mj & S Co Llc
Bought by
Angeles Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,226
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 3, 2012
Sold by
Simo Felix Antonio
Bought by
Mj & S Co Llc
Purchase Details
Closed on
May 28, 2009
Sold by
Diaz Humberto
Bought by
Simo Felix Antonio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
4.82%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Castillos Properties Llc | $420,800 | Edge Abstract | |
| Angeles Property Management Llc | $140,000 | Conestoga Title Insurance | |
| Mj & S Co Llc | $130,000 | Conestoga Title Insurance | |
| Simo Felix Antonio | $105,000 | Conestoga Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Angeles Property Management Llc | $160,226 | |
| Previous Owner | Simo Felix Antonio | $13,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $420,800 | 0.0% | -- |
| 02/19/2021 02/19/21 | Off Market | $420,800 | -- | -- |
| 02/18/2021 02/18/21 | Pending | -- | -- | -- |
| 02/13/2021 02/13/21 | Price Changed | $440,000 | -4.3% | -- |
| 10/20/2020 10/20/20 | For Sale | $460,000 | +9.3% | -- |
| 10/16/2020 10/16/20 | Off Market | $420,800 | -- | -- |
| 09/29/2020 09/29/20 | For Sale | $460,000 | -- | -- |
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 | $863 | $31,800 | $8,800 | $23,000 |
| 2024 | $1,412 | $31,800 | $8,800 | $23,000 |
| 2023 | $1,390 | $31,800 | $8,800 | $23,000 |
| 2022 | $1,390 | $31,800 | $8,800 | $23,000 |
| 2021 | $1,390 | $31,800 | $8,800 | $23,000 |
| 2020 | $1,376 | $31,800 | $8,800 | $23,000 |
| 2019 | $1,376 | $31,800 | $8,800 | $23,000 |
| 2018 | $1,376 | $31,800 | $8,800 | $23,000 |
| 2017 | $1,367 | $31,800 | $8,800 | $23,000 |
| 2016 | $781 | $31,800 | $8,800 | $23,000 |
| 2015 | $781 | $31,800 | $8,800 | $23,000 |
| 2014 | $719 | $31,800 | $8,800 | $23,000 |
Source: Public Records
Agents Affiliated with this Home
-
Zylkia Rivera
Map
Source: Bright MLS
MLS Number: PABK364838
APN: 09-5307-76-91-9966
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