NOT LISTED FOR SALE

312 W Lancaster Ave Reading, PA 19607

Shillington Area
Studio
3 Baths
8,905 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: June 30, 2023

Last sale price $560,000 $63 Per Sq Ft

4 Days on Market

Highlights

  • 24-Hour Security
  • Victorian Architecture
  • 90% Forced Air Heating and Cooling System
  • 0.24 Acre Lot
  • Halls are 36 inches wide or more
  • Electric Baseboard Heater

About This Home

As of June 2023

6 unit apartment building including 3 efficiency apartments, 2 one bedroom apartments and 1 two/three bedroom apartment. There is also a dental office with 6 dental exam rooms, lab, waiting room, conference room and private offices all on the first floor. The dental office is handicap accessible with level entry into the building, ADA compliant hallways and bathroom facilities. Current rental income from the apartments is $38,000 yearly. Yearly income from the dental office is $24,000 (estimated) Expenses:
Insurance $5,092, Electric $5,156 Gas $1,547 Water/Sewer $5,227 Trash $5,735.

Last Agent to Sell the Property

Randy Weeber

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #AB046770L Listed on: 06/05/2023

RE/MAX Of Reading

Last Buyer's Agent

Randy Weeber

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #AB046770L Listed on: 06/05/2023

RE/MAX Of Reading
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,154

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in good condition

Home Design

  • Victorian Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Parking Lot

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Tax Lot 2049
  • Assessor Parcel Number 18-5306-49-65-2049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,154

Year Built

Built in 1900

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Partially Finished, Poured Concrete, Improved, Heated, Connecting Stairway
  • Total Sq Ft: 8905
  • Living Area Sq Ft: 8905
  • Price Per Sq Ft: 74.26
  • Above Grade Finished Sq Ft: 7405
  • Below Grade Finished Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Fire Escape
  • Roof: Flat, Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 20
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Central A/C
  • Previous Twelve Months Electric Expense: 5156.27
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: 90% Forced Air, Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 5227.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Good
  • Zoning: C-H COMMERCIAL HIGHWAY DI

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5395.00
  • Tax Annual Amount: 13154.00
  • Assessor Parcel Number: 18-5306-49-65-2049
  • Tax Lot: 2049
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: READING

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
06/30/2023 06/30/23 Sold $560,000 +1.8% $63 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $549,900 -- $62 / Sq Ft
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 $1,287 $79,700 $36,800 $42,900
2025 $1,287 $79,700 $36,800 $42,900
2024 $3,633 $79,700 $36,800 $42,900
2023 $3,538 $79,700 $36,800 $42,900
2022 $3,499 $79,700 $36,800 $42,900
2021 $3,459 $79,700 $36,800 $42,900
2020 $3,459 $79,700 $36,800 $42,900
2019 $3,419 $79,700 $36,800 $42,900
2018 $3,379 $79,700 $36,800 $42,900
2017 $3,316 $79,700 $36,800 $42,900
2016 $1,157 $79,700 $36,800 $42,900
2015 $1,133 $79,700 $36,800 $42,900
2014 $1,036 $79,700 $36,800 $42,900
Source: Public Records

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Map

Source: Bright MLS

MLS Number: PABK2030626

Bright MLS

APN: 4395-07-58-2900

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