NOT LISTED FOR SALE

322 Cherry St West Reading, PA 19611

Estimated Value: $258,000 - $269,000

-- Bed
1 Bath
1,552 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $182,000 $117 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,522/month

7 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • West Reading Elementary Center Rated A-
  • Family Room Off Kitchen
  • Shed

About This Home

As of May 2021

Ideal Location in Wyomissing School District; Super Two Unit; Natural Gas Heating; 4 off street Parking spaces with new stone on parking area; easy walk to West Reading to enjoy all the wonderful shops; New 12X6 outdoor shed; Upstairs unit is vacant and downstairs unit is currently rented, month to month. Currently both units are being used as two bedroom one bath, with eat-in kitchen. Property backs up to Franklin Street with ideal off street parking access. Great for owner occupant or investor. Location is wonderful, and the end of row is really nice for natural lighting. Property has been well maintained. Downstairs unit current rent $765.00 per month, Upstairs unit is vacant currently, but was last rented for $850.00 per month.

Last Agent to Sell the Property

Matt Martin

Farm Folk License #RS227593L Listed on: 04/13/2021

Last Buyer's Agent

Gary Kubovcsak

Assist-2-Sell Keystone Realty License #AB065808

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Family Room Off Kitchen
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, lawn/shrub care
  • Tax Lot 0824
  • Assessor Parcel Number 93-5306-06-39-0824

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,989

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Ideal Location in Wyomissing School District; Super Two Unit; Natural Gas Heating; 4 off street Parking spaces with new stone on parking area; easy walk to West Reading to enjoy all the wonderful shops; New 12X6 outdoor shed; Upstairs unit is vacant and downstairs unit is currently rented, month to month. Currently both units are being used as two bedroom one bath, with eat-in kitchen. Property backs up to Franklin Street with ideal off street parking access. Great for owner occupant or investor. Location is wonderful, and the end of row is really nice for natural lighting. Property has been well maintained. Downstairs unit current rent $765.00 per month, Upstairs unit is vacant currently, but was last rented for $850.00 per month.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Family Room Off Kitchen
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1552
  • Living Area Sq Ft: 1552
  • Price Per Sq Ft: 127.09
  • Above Grade Finished Sq Ft: 1432
  • Below Grade Finished Sq Ft: 120
  • Total Below Grade Sq Ft: 120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 322

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 41300.00
  • Land Assessed Value: 18000.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RES.

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer, Trash Collection, Lawn/Shrub Care
  • Total Actual Rent: 19380.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1588121
  • School Tax: 1892.00
  • Tax Annual Amount: 2989.00
  • Assessor Parcel Number: 93-5306-06-39-0824
  • Tax Lot: 0824
  • Tax Total Finished Sq Ft: 1432
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/28/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 28, 2021
Sold by
Martin Matthew R and Martin Heather R
Bought by
Prigmore Alecia
Seller's Agent
Matt Martin
Farm Folk
Buyer's Agent
Gary Kubovcsak
Assist-2-Sell Keystone Realty
List Price
$146,000
Sold Price
$182,000
Premium/Discount to List
$36,000
24.66%
Current Estimated Value
$258,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,654
Avg. Annual Appreciation
6.49%
Original Mortgage
$154,700
Outstanding Balance
$141,776
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$95,552

Purchase Details

Listed on
Jun 4, 2016
Closed on
Jan 13, 2017
Sold by
Neatrour Russell T
Bought by
Martin Matthew R and Martin Heather R
Seller's Agent
Jodi Brick
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Matt Martin
Farm Folk Realty
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$110,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2009
Sold by
Woodward Ann M
Bought by
Neatrour Russell T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Cammarano Michael J
Bought by
Mullen Ann
Source: Public Records

Range of Values:

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Average Value
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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
Prigmore Alecia $182,000 Regal Abstract
Martin Matthew R $110,000 None Available
Neatrour Russell T $114,000 None Available
Mullen Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prigmore Alecia $154,700
Previous Owner Martin Matthew R $110,000
Previous Owner Neatrour Russell T $108,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $182,000 0.0% $117 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $182,000 +24.7% $117 / Sq Ft
04/13/2021 04/13/21 For Sale $146,000 +32.7% $94 / Sq Ft
01/31/2017 01/31/17 Sold $110,000 -12.0% $77 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $125,000 -- $87 / 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 $1,341 $59,300 $18,000 $41,300
2024 $3,278 $59,300 $18,000 $41,300
2023 $2,176 $59,300 $18,000 $41,300
2022 $3,042 $59,300 $18,000 $41,300
2021 $2,990 $59,300 $18,000 $41,300
2020 $2,902 $59,300 $18,000 $41,300
2019 $2,842 $59,300 $18,000 $41,300
2018 $2,762 $59,300 $18,000 $41,300
2017 $2,700 $59,300 $18,000 $41,300
2016 $870 $59,300 $18,000 $41,300
2015 $870 $59,300 $18,000 $41,300
2014 $841 $59,300 $18,000 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK375890

Bright MLS

APN: 93-5306-06-39-0824