NOT LISTED FOR SALE

305 W Lancaster Ave Reading, PA 19607

Estimated Value: $219,000 - $252,000

-- Bed
2 Baths
1,522 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 13, 2012

Last sale price $119,000 $78 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,374/month

31 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Central Air
  • 3 Car Detached Garage
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of December 2012

Shillington 2 Unit located in Governor Mifflin School District. 2 large 1 bedroom apts. 1st floor includes kitchen, living room, full bath, 1 bedroom and access to the basement with washer/dryer. 1st floor also has use of the detached garage in the rear of the building. The garage could be rented as extra income. 2nd floor unit includes kitchen, living room, full bath, 1 bedroom and a third floor large unfinished attic space. 2nd floor has central air. Both units are very large for apts. Currently the 2nd floor tenant. Owner pays heat, water/sewer, taxes and insurance. Tenant pays elec. & gas for hot water. This property offers many different possibilities. It is zoned commercial in a fantastic high traffic area.

Last Agent to Sell the Property

Tisha Fitzgerald

BHHS Homesale Realty- Reading Berks Listed on: 10/08/2012

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Eric Keller

BHHS Homesale Realty- Reading Berks License #TREND:60031807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Parking Storage or Cabinetry

Home Design

  • Converted Dwelling
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,522 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Governor Mifflin High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4004
  • Assessor Parcel Number 77-4395-07-59-4004

Community Details

Overview

  • No Home Owners Association

Building Details

  • Other Expense $3,090
  • Operating Expense $5,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,510

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 3090.00
  • Storage: Basement, Attic, Garage
  • Year Built: 1910
  • Remarks Public: Shillington 2 Unit located in Governor Mifflin School District. 2 large 1 bedroom apts. 1st floor includes kitchen, living room, full bath, 1 bedroom and access to the basement with washer/dryer. 1st floor also has use of the detached garage in the rear of the building. The garage could be rented as extra income. 2nd floor unit includes kitchen, living room, full bath, 1 bedroom and a third floor large unfinished attic space. 2nd floor has central air. Both units are very large for apts. Currently the 2nd floor tenant. Owner pays heat, water/sewer, taxes and insurance. Tenant pays elec. & gas for hot water. This property offers many different possibilities. It is zoned commercial in a fantastic high traffic area.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1522
  • Living Area Sq Ft: 1522
  • Price Per Sq Ft: 85.35
  • Above Grade Finished Sq Ft: 1522
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shingle Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: GOVERNOR MIFFLIN
  • High School: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • High School: GOVERNOR MIFFLIN

Lot Info

  • Land Use Code: 149
  • Lot Size Acres: 0.12
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Good
  • Zoning: COMME

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 2510.00
  • Assessor Parcel Number: 77-4395-07-59-4004
  • Tax Lot: 4004
  • Tax Year: 2012
  • Close Date: 12/13/2012

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 13, 2012
Sold by
Spalding Jane R
Bought by
Whitehead Douglas H
Seller's Agent
Tisha Fitzgerald
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Eric Keller
BHHS Homesale Realty- Reading Berks
List Price
$129,900
Sold Price
$119,000
Premium/Discount to List
-$10,900
-8.39%
Current Estimated Value
$230,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,767
Original Mortgage
$89,250
Interest Rate
3.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Reinhart Audrey S
Bought by
Spalding Jane R

Purchase Details

Closed on
Sep 19, 2005
Sold by
Reinhart Audrey S
Bought by
Spalding Jane D
Source: Public Records

Range of Values:

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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
Whitehead Douglas H $119,000 None Available
Spalding Jane R -- None Available
Spalding Jane D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Whitehead Douglas H $88,000
Closed Whitehead Douglas H $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2012 12/13/12 Sold $119,000 -8.4% $78 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $129,900 -- $85 / 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 $1,116 $69,100 $31,500 $37,600
2024 $3,150 $69,100 $31,500 $37,600
2023 $3,068 $69,100 $31,500 $37,600
2022 $3,033 $69,100 $31,500 $37,600
2021 $2,999 $69,100 $31,500 $37,600
2020 $2,999 $69,100 $31,500 $37,600
2019 $2,964 $69,100 $31,500 $37,600
2018 $2,930 $69,100 $31,500 $37,600
2017 $2,875 $69,100 $31,500 $37,600
2016 $983 $69,100 $31,500 $37,600
2015 $983 $69,100 $31,500 $37,600
2014 $898 $69,100 $31,500 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004126688

Bright MLS

APN: 77-4395-07-59-4004