$67,000
SOLD OCT 16, 2012
-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

39% Below List Price

161 Days on Market

Highlights

  • 0.2 Acre Lot
  • 2 Car Detached Garage
  • Mobility Improvements
  • No HOA
  • Home Security System
  • En-Suite Primary Bedroom

About This Home

As of May 2021

This property is comprised of two deeds being sold together. Has been operated jointly for the last several years. Highest and best use is as a multi-unit apartment building. Property has been non-profit housing and has hard-wired fire, security, and many upgrades including large rear yard(s) and two large garages, one measures 36' deep. Present configuration offers many possible uses and options. Appliances remain with property. Investor upside with this "must sell" complex.

Last Agent to Sell the Property

Robert Kearney

RE/MAX Of Reading Listed on: 02/28/2012

RE/MAX Of Reading

Co-Listed By

Katherine Werst

CENTURY21 Epting Realty License #RS271432

Last Buyer's Agent

Harry Fry

RE/MAX Of Reading License #AB067642

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Flooring

  • Wall to Wall Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Mobility Improvements

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7302
  • Assessor Parcel Number 07-5307-75-72-7302 & 07-5307-75-72-7304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Has Laundry

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Oil, Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 108600.00
  • Land Assessed Value: 70200.00
  • Land Use Code: 9930
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Good

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1445127
  • Assessor Parcel Number: 07-5307-75-72-7302 & 07-5307-75-72-7304
  • Tax Lot: 7302
  • Tax Year: 2012
  • Close Date: 10/16/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 11, 2021
Sold by
Brito Alejandro J and Brito Maria D
Bought by
Oneil Kyle D
Seller's Agent
Mercedes Davis
Pagoda Realty
Buyer's Agent
Daryl Tillman
Daryl Tillman Realty Group
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%
Current Estimated Value
$237,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,232
Avg. Annual Appreciation
6.54%
Original Mortgage
$135,000
Outstanding Balance
$123,636
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$111,401

Purchase Details

Closed on
Dec 15, 2018
Sold by
Brito Alejandro J
Bought by
Avalos Brito Alejandro J and Avalos Brito Maria D

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 10, 2018
Sold by
Ramos Joseph
Bought by
Brito Alejandro J
Seller's Agent
Jaime Perez
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Ron and Gigi Batista Team
Realty One Group Alliance
List Price
$124,990
Sold Price
$115,000
Premium/Discount to List
-$9,990
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$86,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2013
Closed on
Jun 4, 2014
Sold by
Galantreal Estate Llc
Bought by
Ramos Joseph
Seller's Agent
Harry Fry
RE/MAX Of Reading
Buyer's Agent
SCOTT Kohl
Century 21 Gold
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$86,827
Interest Rate
4.27%
Mortgage Type
VA

Purchase Details

Listed on
Feb 28, 2012
Closed on
Oct 1, 2012
Sold by
Berks County Women In Crisis
Bought by
Galant Real Estate Llc
Seller's Agent
Robert Kearney
RE/MAX Of Reading
Buyer's Agent
Harry Fry
RE/MAX Of Reading
List Price
$109,900
Sold Price
$67,000
Premium/Discount to List
-$42,900
-39.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Source: Public Records

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 Type Sale Price Title Company
Deed $180,000 Stewart Abstract
Interfamily Deed Transfer -- Stewart Abstract
Deed $115,000 --
Deed $85,000 None Available
Deed $67,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Previous Owner $86,250 New Conventional
Previous Owner $92,516 No Value Available
Previous Owner $86,827 VA
Previous Owner $650,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $180,000 -14.3% --
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $210,000 +82.6% --
01/10/2018 01/10/18 Sold $115,000 0.0% --
11/19/2017 11/19/17 Off Market $115,000 -- --
11/16/2017 11/16/17 Pending -- -- --
11/09/2017 11/09/17 Price Changed $119,900 -4.1% --
10/11/2017 10/11/17 For Sale $124,990 +47.0% --
06/04/2014 06/04/14 Sold $85,000 -5.5% $20 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $89,900 +34.2% $21 / Sq Ft
10/16/2012 10/16/12 Sold $67,000 -39.0% --
08/07/2012 08/07/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $109,900 -- --
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 $2,622 $96,600 $35,100 $61,500
2024 $4,289 $96,600 $35,100 $61,500
2023 $4,223 $96,600 $35,100 $61,500
2022 $4,223 $96,600 $35,100 $61,500
2021 $4,223 $96,600 $35,100 $61,500
2020 $4,180 $96,600 $35,100 $61,500
2019 $4,180 $96,600 $35,100 $61,500
2018 $4,180 $96,600 $35,100 $61,500
2017 $4,153 $96,600 $35,100 $61,500
2016 $2,372 $96,600 $35,100 $61,500
2015 $2,372 $96,600 $35,100 $61,500
2014 $2,183 $96,600 $35,100 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003864142

Bright MLS

APN: 07-5307-75-72-7302