Seller's Agent in 2018
Clarence 'CJ' Levan
United Real Estate Strive 212
(610) 372-0212
82 Total Sales
318 Pine St Reading, PA 19602
Estimated Value: $139,000 - $198,000
6
Beds
1
Bath
1,897
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Attic
- Porch
- Wood Flooring
- No HOA
- 4-minute walk to Riverfront Park
About This Home
As of December 2018Don't miss out on this opportunity! Investors Welcome! 5 bedroom 2 full bathroom home! Walking into this home you will notice the smell of fresh paint, hardwood and tile floors. Walking up the stairs onto the front porch and into the home the first thing you will see is the spacious living room that is open to the formal dining room. Beyond the dining room is the first floor full bath and the kitchen. Continuing up the staircase onto the second floor has 3 full private bedrooms and another full bathroom. Two more nicely sized bedrooms are on the third floor. Additionally, there is a large unfinished basement that would be great for storage! Another plus of this home is a carport for the off-street parking in the back. This home current has oil heat but seller is willing to convert to a gas heating system. This is a must see!!! Please also note the seller is willing to sell 318 Pine St (6 Bed 1 Bath), 320 Pine St ( 5 Bed 2 Bath) and 340 Pine St (6 Bed 2 Bath) all single family homes. Buy 2 homes and get the 3rd home at half price. All three homes for ($175,000) homes rent for $1,000 per month each, $36,000/year rental income, Landlord only pays taxes ($805, $1259, $1575= $3639) and home owners insurance ($1,950) Net income of $30,411/year. Tenants pay all utilities. 17% Cap Rate ? WOW!!!
Last Agent to Sell the Property
(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 Listed on: 10/10/2018
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $805
Year Built
- Built in 1900
Lot Details
- 1,307 Sq Ft Lot
- Open Lot
- Back Yard
- Property is in below average condition
Home Design
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
- Shingle Roof
Interior Spaces
- 1,897 Sq Ft Home
- Property has 3 Levels
- Ceiling height of 9 feet or more
- Ceiling Fan
- Replacement Windows
- Living Room
- Dining Room
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Exterior Lighting
- Porch
Schools
- Reading Senior High School
Utilities
- Cooling Available
- Radiator
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Hot Water Heating System
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- City Of Reading Subdivision
Listing and Financial Details
- Tax Lot 9920
- Assessor Parcel Number 01-5306-34-67-9920
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2018
Closed on
Dec 14, 2018
Sold by
Adekola Ajibola
Bought by
Vbb Properties Llc
Seller's Agent
Clarence 'CJ' Levan
United Real Estate Strive 212
Buyer's Agent
Glen Russell
EXP Realty, LLC
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,667
Avg. Annual Appreciation
18.55%
Purchase Details
Closed on
Apr 3, 2007
Sold by
Kissling Susan M
Bought by
Adekola Ajibola
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vbb Properties Llc | $50,000 | Germantown Title Company | |
| Adekola Ajibola | $16,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2018 12/14/18 | Sold | $50,000 | -28.5% | $26 / Sq Ft |
| 11/10/2018 11/10/18 | Pending | -- | -- | -- |
| 10/10/2018 10/10/18 | For Sale | $69,900 | -- | $37 / Sq Ft |
Source: Bright MLS
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 | $505 | $18,600 | $6,600 | $12,000 |
| 2024 | $826 | $18,600 | $6,600 | $12,000 |
| 2023 | $813 | $18,600 | $6,600 | $12,000 |
| 2022 | $813 | $18,600 | $6,600 | $12,000 |
| 2021 | $813 | $18,600 | $6,600 | $12,000 |
| 2020 | $805 | $18,600 | $6,600 | $12,000 |
| 2019 | $805 | $18,600 | $6,600 | $12,000 |
| 2018 | $805 | $18,600 | $6,600 | $12,000 |
| 2017 | $800 | $18,600 | $6,600 | $12,000 |
| 2016 | $334 | $18,600 | $6,600 | $12,000 |
| 2015 | $457 | $18,600 | $6,600 | $12,000 |
| 2014 | $420 | $18,600 | $6,600 | $12,000 |
Source: Public Records
Agents Affiliated with this Home
-
Clarence 'CJ' Levan
-
Glen Russell
Buyer's Agent in 2018
Glen Russell
EXP Realty, LLC
(610) 850-9493
99 Total Sales
Map
Source: Bright MLS
MLS Number: 1009914284
APN: 01-5306-34-67-9920
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