Seller's Agent in 2022
Glen Russell
EXP Realty, LLC
(610) 850-9493
120 Total Sales
320 Pine St Reading, PA 19602
5
Beds
2
Baths
1,800
Sq Ft
1,307
Sq Ft Lot
Highlights
- Traditional Architecture
- Attic
- Patio
- Wood Flooring
- No HOA
- 5-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
United Real Estate Strive 212 Listed on: 10/09/2018
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1900
Lot Details
- 1,307 Sq Ft 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
- Metal Roof
- Synthetic Stucco Exterior
Interior Spaces
- 1,800 Sq Ft Home
- Property has 3 Levels
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Living Room
- Dining Room
- Home Security System
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 1 Open Parking Space
- 1 Parking Space
- Private Parking
- Driveway
- On-Street Parking
Accessible Home Design
- Mobility Improvements
Outdoor Features
- Patio
- Exterior Lighting
Schools
- Reading Senior High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Gas
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
- Summer or Winter Changeover Switch For Hot Water
- Oil Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- City Of Reading Subdivision
Listing and Financial Details
- Tax Lot 9940
- Assessor Parcel Number 01-5306-34-67-9940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 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
$100,205
Avg. Annual Appreciation
18.11%
Purchase Details
Closed on
Jul 20, 2018
Sold by
Centeno Jesus
Bought by
Adekola Ajibola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
4.5%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $50,000 | Germantown Title Company | |
| Deed | $40,000 | Stewart Abstract |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,750 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $53,250 | Commercial | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $17,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2022 03/14/22 | Rented | $1,100 | 0.0% | -- |
| 02/28/2022 02/28/22 | For Rent | $1,100 | 0.0% | -- |
| 12/14/2018 12/14/18 | Sold | $50,000 | -28.5% | $28 / Sq Ft |
| 11/10/2018 11/10/18 | Pending | -- | -- | -- |
| 10/09/2018 10/09/18 | For Sale | $69,900 | -- | $39 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $790 | $29,100 | $6,600 | $22,500 |
| 2024 | $1,292 | $29,100 | $6,600 | $22,500 |
| 2023 | $1,272 | $29,100 | $6,600 | $22,500 |
| 2022 | $1,272 | $29,100 | $6,600 | $22,500 |
| 2021 | $1,272 | $29,100 | $6,600 | $22,500 |
| 2020 | $1,259 | $29,100 | $6,600 | $22,500 |
| 2019 | $1,259 | $29,100 | $6,600 | $22,500 |
| 2018 | $1,259 | $29,100 | $6,600 | $22,500 |
| 2017 | $1,251 | $29,100 | $6,600 | $22,500 |
| 2016 | $158 | $29,100 | $6,600 | $22,500 |
| 2015 | $715 | $29,100 | $6,600 | $22,500 |
| 2014 | $658 | $29,100 | $6,600 | $22,500 |
Source: Public Records
Agents Affiliated with this Home
-
Glen Russell
-
Mary Hill
M
Buyer's Agent in 2022
Mary Hill
Keller Williams Real Estate -Exton
(484) 880-2943
14 Total Sales
-
Clarence 'CJ' Levan
Seller's Agent in 2018
Clarence 'CJ' Levan
United Real Estate Strive 212
(610) 372-0212
1 in this area
83 Total Sales
Map
Source: Bright MLS
MLS Number: 1009663276
APN: 01-5306-34-67-9940
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