NOT LISTED FOR SALE

Estimated Value: $204,060 - $251,000

5 Beds
1 Bath
1,590 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $75,000 $47 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,363/month

46 Days on Market

Highlights

  • No HOA
  • Summer or Winter Changeover Switch For Hot Water
  • Laundry Facilities
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • Wood Siding

About This Home

As of November 2013

Opportunity to own two properties on one Deed and a piece of History as it produces income from a Home, Luncheonette, and 2nd floor apartment. Luncheonette has large bar area, two individual restrooms, large dining area and commercial kitchen. Separate home has living room, dining room, kitchen and 3 bedrooms on second floor. Second floor apartment has 2 BR's, kitchen and bath. Large sized barn in rear of property as well as great yard for outside relaxation. Property is being sold "as is". Both 307 Main St. as well as 309 Main St. are combined on one Deed. Good income potential for the right investor. Pine# 's are 29-4450-15-64-0800 and 4450-15-54-9893 - DBV 1284 pg 391.

Last Agent to Sell the Property

Joann Schmura

RE/MAX Of Reading License #AB046434A Listed on: 09/05/2013

RE/MAX Of Reading

Last Buyer's Agent

Pete Heim

Keller Williams Platinum Realty - Wyomissing License #AB048180L

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 60 x 250
  • Property is in below average condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,590 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Oil
  • Summer or Winter Changeover Switch For Hot Water

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $5,240

Listing and Financial Details

  • Tax Lot 0800
  • Assessor Parcel Number 29-4450-15-64-0800

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 1590
  • Living Area Sq Ft: 1590
  • Price Per Sq Ft: 94.34
  • Above Grade Finished Sq Ft: 1590
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: TULPEHOCKEN AREA
  • School District Key: 300200397312

Lot Info

  • Improvement Assessed Value: 44000.00
  • Land Assessed Value: 21800.00
  • Land Use Code: 111R
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60 X 250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14375.00
  • Property Condition: Below Average
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1480271
  • Tax Annual Amount: 2600.00
  • Assessor Parcel Number: 29-4450-15-64-0800
  • Tax Lot: 0800
  • Tax Year: 2013
  • Close Date: 11/27/2013

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $75,000 -50.0% $47 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $150,000 -- $94 / 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 $967 $65,800 $21,800 $44,000
2024 $2,621 $65,800 $21,800 $44,000
2023 $2,582 $65,800 $21,800 $44,000
2022 $2,573 $65,800 $21,800 $44,000
2021 $2,622 $65,800 $21,800 $44,000
2020 $2,629 $65,800 $21,800 $44,000
2019 $4,257 $65,800 $21,800 $44,000
2018 $2,612 $65,800 $21,800 $44,000
2017 $2,600 $65,800 $21,800 $44,000
2016 $777 $65,800 $21,800 $44,000
2015 $762 $65,800 $21,800 $44,000
2014 $762 $65,800 $21,800 $44,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003579726

Bright MLS

APN: 29-4450-15-64-0800