NOT LISTED FOR SALE

Estimated Value: $482,376

Studio
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: December 13, 2019

Last sale price $290,000 $0 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,867 / mo

72 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • No HOA

About This Home

As of December 2019

This home is located at 305 Penn St, Reading, PA 19601 since 03 June 2019 and is currently estimated at $482,376. This property was built in 1900. 305 Penn St is a home located in Berks County with nearby schools including Lauer's Park Elementary School, Reading Senior High School, and St. Peter School.

Last Agent to Sell the Property

Trent Stauffer

(610) 373-8701 info@boldpa.com Bold Realty License #RM422216 Listed on: 06/03/2019

Bold Realty

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1900

Lot Details

  • 3,049

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Multi-Tank Natural Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • The owner pays for sewer, water, trash collection, real estate taxes, insurance
  • Tax Lot 8323
  • Assessor Parcel Number 06-5307-82-60-8323

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $45,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,964

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

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: No
  • Type Of Parking: On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Previous Twelve Months Electric Expense: 360.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Multi-Tank, Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1620.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 60700.00
  • Land Assessed Value: 30900.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: COMM

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Trash Collection, Taxes - Real Estate, Insurance
  • Total Actual Rent: 45900.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1444729
  • School Tax: 1642.00
  • Tax Annual Amount: 3964.00
  • Assessor Parcel Number: 06-5307-82-60-8323
  • Tax Lot: 8323
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Scheduled Income: 45900.00

MLS Schools

  • School District Name: READING

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
Jun 3, 2019
Closed on
Dec 12, 2019
Sold by
Bought by
Seller's Agent
Trent Stauffer
Bold Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$329,900
Sold Price
$290,000
Premium/Discount to List
-$39,900
-12.09%
Current Estimated Value
$482,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,376
Avg. Annual Appreciation
7.96%
Original Mortgage
$217,500
Outstanding Balance
$188,408
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$293,968

Purchase Details

Listed on
Sep 10, 2012
Closed on
Apr 11, 2014
Sold by
Bought by
Seller's Agent
Ed Hong
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Trent Stauffer
Bold Realty
List Price
$239,900
Sold Price
$175,000
Premium/Discount to List
-$64,900
-27.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$140,000
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Reading, PA

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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
$290,000 None Available
$175,000 None Available
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
Open $217,500
Previous Owner $140,000
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 Prior Sale
12/13/2019 12/13/19 Sold $290,000 -7.9% --
08/14/2019 08/14/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $314,900 -4.5% --
06/03/2019 06/03/19 For Sale $329,900 +88.5% --
04/11/2014 04/11/14 Sold $175,000 -27.1% -- View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
09/10/2012 09/10/12 For Sale $239,900 -- --
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 $2,586 $91,600 $30,900 $60,700
2025 $2,486 $91,600 $30,900 $60,700
2024 $4,067 $91,600 $30,900 $60,700
2023 $4,004 $91,600 $30,900 $60,700
2022 $4,004 $91,600 $30,900 $60,700
2021 $4,004 $91,600 $30,900 $60,700
2020 $3,964 $91,600 $30,900 $60,700
2019 $3,964 $91,600 $30,900 $60,700
2018 $3,964 $91,600 $30,900 $60,700
2017 $3,938 $91,600 $30,900 $60,700
2016 $2,250 $91,600 $30,900 $60,700
2015 $2,250 $91,600 $30,900 $60,700
2014 $2,070 $91,600 $30,900 $60,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK342458

Bright MLS

APN: 06-5307-82-60-8323

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