NOT LISTED FOR SALE

332 Franklin St West Reading, PA 19611

Estimated Value: $201,000 - $241,000

-- Bed
2 Baths
1,704 Sq Ft
$130/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $142,777 $84 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,348/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Baseboard Heater
  • West Reading Elementary Center Rated A-

About This Home

As of June 2020

Charming Wyomissing Schools, West Reading Borough 2 unit. Central location to West Reading shops, restaurants, bars, and more. Also walking distance to parks, pool, Reading Hospital, and the Reading Museum. Out back you've got a covered patio, little yard, and off street parking. Schedule today, this one won't last.

Last Listed By

Jeroen Harmsen

RE/MAX Of Reading License #RS312678 Listed on: 05/29/2020

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for heat, water, sewer
  • Tax Lot 9696
  • Assessor Parcel Number 93-5306-06-29-9696

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,100
  • Trash Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,211

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2020-06-01
  • Year Built: 1920
  • Building Winterized: No
  • Remarks Public: Charming Wyomissing Schools, West Reading Borough 2 unit. Central location to West Reading shops, restaurants, bars, and more. Also walking distance to parks, pool, Reading Hospital, and the Reading Museum. Out back you've got a covered patio, little yard, and off street parking. Schedule today, this one won't last.
  • Special Features: None

Interior Features

  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 1704
  • Living Area Sq Ft: 1704
  • Price Per Sq Ft: 103.01
  • Above Grade Finished Sq Ft: 1454
  • Below Grade Finished Sq Ft: 250
  • Total Below Grade Sq Ft: 250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 332

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: 49700.00
  • Land Assessed Value: 15900.00
  • Land Use Code: 121A
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Heat, Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1587835
  • School Tax: 2062.00
  • Tax Annual Amount: 3211.00
  • Assessor Parcel Number: 93-5306-06-29-9696
  • Tax Lot: 9696
  • Tax Total Finished Sq Ft: 1454
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/29/2020

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 29, 2020
Sold by
Torres Andro and Torres Nyko
Bought by
Ding Sheng and Yuan Hongyan
Seller's Agent
Jeroen Harmsen
RE/MAX Of Reading
Buyer's Agent
Minghuei Huang
United Real Estate Strive 212
List Price
$149,777
Sold Price
$142,777
Premium/Discount to List
-$7,000
-4.67%
Total Days on Market
4
Current Estimated Value
$220,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,124
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Torres Nyko and Torres Ivan
Bought by
Torres Ivan

Purchase Details

Closed on
May 5, 2006
Sold by
Charles Anna M and Charles Scott A
Bought by
Torres Nyko and Torres Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.4%
Mortgage Type
New Conventional

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
Ding Sheng $142,777 Edge Abstract
Torres Ivan -- None Available
Torres Nyko $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Sheng $112,000
Previous Owner Torres Nyko $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $142,777 -4.7% $84 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $149,777 -- $88 / 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 $1,483 $65,600 $15,900 $49,700
2024 $3,626 $65,600 $15,900 $49,700
2023 $2,407 $65,600 $15,900 $49,700
2022 $3,365 $65,600 $15,900 $49,700
2021 $3,307 $65,600 $15,900 $49,700
2020 $3,211 $65,600 $15,900 $49,700
2019 $3,144 $65,600 $15,900 $49,700
2018 $3,055 $65,600 $15,900 $49,700
2017 $2,987 $65,600 $15,900 $49,700
2016 $963 $65,600 $15,900 $49,700
2015 $963 $65,600 $15,900 $49,700
2014 $930 $65,600 $15,900 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK358126

Bright MLS

APN: 93-5306-06-29-9696