Marcus Gonzalez
Atlas Land and Homes
(223) 216-5019
94 Total Sales
1 in West Reading
$292,500 Price
321 Summit St Reading, PA 19611
West Reading Area
Studio
4
Baths
3,528
Sq Ft
0.29
Acre Lot
Highlights
- 0.29 Acre Lot
- Traditional Architecture
- Main Floor Bedroom
- West Reading Elementary Center Rated A-
- Wood Flooring
- 1 Fireplace
About This Home
As of March 2021Fantastic opportunity to own a rare extremely well kept quadruplex with a detached 4 car garage in West Reading. All 4 units are fully occupied with long term tenants. The interior is very unique.. Perfect for an investor looking for rental units outside of the city OR a buyer who wants to live in one unit and rent out the other 3 apartments. The rents are $1550, $650, $700 and $900. Well Cared for Solid Building with all mechanicals in good order. Schedule your showing today!
Last Agent to Sell the Property
(610) 985-7700 crstringer@msn.com Pagoda Realty ERA Powered License #RS333622 Listed on: 10/27/2020
Last Buyer's Agent
(610) 985-7700 crstringer@msn.com Pagoda Realty ERA Powered License #RS333622 Listed on: 10/27/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,295
Year Built
- Built in 1935
Lot Details
- 12,632 Sq Ft Lot
- Back, Front, and Side Yard
Parking
- 4 Car Detached Garage
- 8 Driveway Spaces
- Public Parking
- Rear-Facing Garage
- On-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Pitched Roof
- Shingle Roof
Interior Spaces
- Main Floor Bedroom
- 3,528 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Dining Area
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
- Microwave
Flooring
- Wood
- Carpet
- Tile or Brick
- Ceramic Tile
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Central Air
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- 120/240V
- 60 Gallon+ Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- The owner pays for electricity, heat, gas, insurance, pest control, repairs, reserves for replacement, sewer, personal property taxes, real estate taxes, trash collection, water
- Tax Lot 1768
- Assessor Parcel Number 93-5307-18-30-1768
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- Income includes apartment rentals, shop rentals
- Insurance Expense $1,188
- Operating Expense $14,184
- Net Operating Income $36,216
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2020
Closed on
Mar 24, 2021
Sold by
Bought by
Seller's Agent
Jimmy Thelusca
Pagoda Realty ERA Powered
Buyer's Agent
Jimmy Thelusca
Pagoda Realty ERA Powered
List Price
$500,000
Sold Price
$426,000
Premium/Discount to List
-$74,000
-14.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Outstanding Balance
$299,784
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 5, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 20, 2011
Sold by
Bought by
Purchase Details
Closed on
Apr 27, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
4.85%
Mortgage Type
Commercial
Purchase Details
Closed on
May 23, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.83%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Reading, PA
-
Marcus Gonzalez
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
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$264,900 Price
-
Andrea Fonash
Andrea Fonash
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(484) 922-9397
129 Total Sales
1 in West Reading
$245,316 Price
-
Sheldon Zimmerman
Sheldon Zimmerman
Peak Asset Realty
(223) 216-2011
213 Total Sales
1 in West Reading
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-
Erica Fair
Erica Fair
Iron Valley Real Estate of Berks
(484) 388-4814
158 Total Sales
1 in West Reading
$220,000 Price
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
269 Total Sales
1 in West Reading
$300,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $426,000 | Stewart Abstract | ||
| $260,000 | Conestoga Title Company | ||
| -- | None Available | ||
| -- | Genuine Title Llc | ||
| -- | Genuine Title Llc | ||
| $175,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $340,800 | ||
| Previous Owner | $208,000 | ||
| Previous Owner | $181,800 | ||
| Previous Owner | $130,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 03/24/2021 03/24/21 | Sold | $426,000 | -14.8% | $121 / Sq Ft |
| 01/10/2021 01/10/21 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | For Sale | $500,000 | -- | $142 / 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 | $3,475 | $147,800 | $24,600 | $123,200 |
| 2025 | $3,342 | $147,800 | $24,600 | $123,200 |
| 2024 | $8,169 | $147,800 | $24,600 | $123,200 |
| 2023 | $5,422 | $147,800 | $24,600 | $123,200 |
| 2022 | $7,423 | $144,700 | $24,600 | $120,100 |
| 2021 | $7,295 | $144,700 | $24,600 | $120,100 |
| 2020 | $7,082 | $144,700 | $24,600 | $120,100 |
| 2019 | $6,935 | $144,700 | $24,600 | $120,100 |
| 2018 | $6,739 | $144,700 | $24,600 | $120,100 |
| 2017 | $6,589 | $144,700 | $24,600 | $120,100 |
| 2016 | $2,123 | $144,700 | $24,600 | $120,100 |
| 2015 | $2,123 | $144,700 | $24,600 | $120,100 |
| 2014 | $2,052 | $144,700 | $24,600 | $120,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jimmy Thelusca
Seller's Agent in 2021
Jimmy Thelusca
Pagoda Realty ERA Powered
(973) 666-1188
131 Total Sales
Map
Source: Bright MLS
MLS Number: PABK366312
APN: 5307-18-30-1768
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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