NOT LISTED FOR SALE

317 Summit St West Reading, PA 19611

Estimated Value: $256,000 - $285,000

-- Bed
2 Baths
1,489 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $135,000 $91 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,596/month

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Central Air
  • West Reading Elementary Center Rated A-
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of November 2018

Attention investors here's a great opportunity to own an occupied 2 unit in West Reading with long term tenants or perhaps you would like to live in 1 unit while earning income from the other. Its your choice.... Call me for a private showing

Last Agent to Sell the Property

Cecilia Leone

(484) 794-5959 cecilia@emeraldc21.com Century 21 Emerald Listed on: 07/27/2018

Century 21 Emerald

Last Buyer's Agent

Brandon Lesagonicz

(610) 301-9990 brealtorlego@gmail.com Keller Williams Platinum Realty - Wyomissing License #RS338658

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 3,485 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,489 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Schools

  • Wyomissing Area Junior-Senior High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 2875
  • Assessor Parcel Number 93-5307-18-30-2875

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,934

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Remarks Public: Attention investors here's a great opportunity to own an occupied 2 unit in West Reading with long term tenants or perhaps you would like to live in 1 unit while earning income from the other. Its your choice.... Call me for a private showing
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1489
  • Living Area Sq Ft: 1489
  • Price Per Sq Ft: 100.07
  • Above Grade Finished Sq Ft: 1489
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 317A

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: WYOMISSING AREA
  • High School: WYOMISSING AREA JUNIOR-SENIOR
  • School District Key: 300200397308
  • High School: WYOMISSING AREA JUNIOR-SENIOR

Lot Info

  • Improvement Assessed Value: 63900.00
  • Land Assessed Value: 19500.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18600.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1588629
  • Tax Annual Amount: 3934.00
  • Assessor Parcel Number: 93-5307-18-30-2875
  • Tax Lot: 2875
  • Tax Year: 2018
  • Close Date: 11/15/2018

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Dejesus Lopez Benedicto
Bought by
Lopez Benedicto Dejesus and Lopez Daniel
Current Estimated Value
$271,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,654
Interest Rate
3.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Lopez Benedicto Dejesus -- Richardson Ira A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Benedicto Dejesus $129,654
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $135,000 -9.4% $91 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $149,000 -3.7% $100 / Sq Ft
09/05/2018 09/05/18 Price Changed $154,800 -2.6% $104 / Sq Ft
07/27/2018 07/27/18 For Sale $159,000 -- $107 / 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 $1,886 $83,400 $19,500 $63,900
2024 $4,610 $83,400 $19,500 $63,900
2023 $3,060 $83,400 $19,500 $63,900
2022 $4,279 $83,400 $19,500 $63,900
2021 $4,204 $83,400 $19,500 $63,900
2020 $4,082 $83,400 $19,500 $63,900
2019 $3,997 $83,400 $19,500 $63,900
2018 $3,884 $83,400 $19,500 $63,900
2017 $3,798 $83,400 $19,500 $63,900
2016 $1,224 $83,400 $19,500 $63,900
2015 $1,224 $83,400 $19,500 $63,900
2014 $1,183 $83,400 $19,500 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005933197

Bright MLS

APN: 93-5307-18-30-2875