Seller's Agent in 2022
Wendy McCooey
RE/MAX of Reading
(610) 342-7112
5 in this area
124 Total Sales
337 Douglass St Wyomissing, PA 19610
--
Bed
--
Bath
796
Sq Ft
4,792
Sq Ft Lot
Highlights
- Rambler Architecture
- No HOA
- Hot Water Heating System
- Wilson West Middle School Rated 9+
About This Home
As of May 2021This is part of a package deal. Included is 337 and 337 Rear. Both units have their own separate deed and tax identification number. Front unit is a nice 2 bedroom ranch with a nice side yard with gas heat. Unit is rented month to month at $890. Rear unit, 337 R has it's own alleyway entrance and two off street parking spots. 337 R is a small 1/2 bedroom cottage with oil heat. The unit is rented at $600 a month and the tenant is month to month. If you're looking for a nice suburban rental with good numbers, look no further. With all the development going on in the area and the new medical school and major employers in walking distance (UGI, TeleFlex and Customers Bank), this is an area that many investors see as an up and coming location. The new Drexel University College of Medicine at Tower Health is only a 4 block walk from the property and is scheduled to open in the Fall of 2021 bringing in up to 200 medical students and professors. Current cap rate is a little over 8%, but with a few improvements and scheduled developments in the area, the units can demand a higher rent and capitalization rate moving forward.
Last Agent to Sell the Property
(610) 207-3927 nickprice1510@gmail.com Springer Realty Group Listed on: 02/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,952
Year Built
- Built in 1930
Lot Details
- 4,792 Sq Ft Lot
- Property is in average condition
Home Design
- 796 Sq Ft Home
- Rambler Architecture
- Bungalow
- Asphalt Roof
- Aluminum Siding
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
- Electric Water Heater
- Municipal Trash
Additional Features
- Basement
Listing and Financial Details
- The owner pays for insurance, real estate taxes
- Tax Lot 1679
- Assessor Parcel Number 96-5307-13-03-1679
Community Details
Overview
- No Home Owners Association
- 2 Units
- Berkshire Heights Subdivision
Building Details
- Income includes apartment rentals
- Gross Income $17,880
- Net Operating Income $15,064
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2021
Closed on
May 7, 2021
Sold by
Stonybrook Realty Management Inc
Bought by
Jazu Holdings Llc
Seller's Agent
Nick Price
Springer Realty Group
Buyer's Agent
William Jack
Keller Williams Elite
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%
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
$45,430
Avg. Annual Appreciation
5.71%
Purchase Details
Closed on
Feb 4, 2005
Sold by
Chura Carol S and Chura Bellanca Carol S
Bought by
Stonybrook Realty Management Inc
Purchase Details
Closed on
Dec 27, 2002
Sold by
Geoltz Karlheinz
Bought by
Chura Carol S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.18%
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 |
|---|---|---|---|
| Deed | $155,000 | Stewart Abstract | |
| Deed | $90,000 | -- | |
| Deed | $76,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | New Conventional | |
| Previous Owner | $72,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2022 09/28/22 | Rented | $1,400 | 0.0% | -- |
| 09/26/2022 09/26/22 | Off Market | $1,400 | -- | -- |
| 09/19/2022 09/19/22 | Price Changed | $1,400 | 0.0% | $2 / Sq Ft |
| 09/19/2022 09/19/22 | For Rent | $1,400 | -6.7% | -- |
| 09/15/2022 09/15/22 | Off Market | $1,500 | -- | -- |
| 08/31/2022 08/31/22 | Price Changed | $1,500 | -6.0% | $2 / Sq Ft |
| 08/26/2022 08/26/22 | Price Changed | $1,595 | -4.8% | $3 / Sq Ft |
| 08/12/2022 08/12/22 | For Rent | $1,675 | 0.0% | -- |
| 05/07/2021 05/07/21 | Sold | $155,000 | -3.1% | $195 / Sq Ft |
| 05/03/2021 05/03/21 | Price Changed | $159,900 | +6.6% | $201 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $150,000 | -3.2% | $188 / Sq Ft |
| 04/10/2021 04/10/21 | Pending | -- | -- | -- |
| 04/10/2021 04/10/21 | Pending | -- | -- | -- |
| 04/08/2021 04/08/21 | Off Market | $155,000 | -- | -- |
| 04/08/2021 04/08/21 | Off Market | $150,000 | -- | -- |
| 04/05/2021 04/05/21 | Price Changed | $159,900 | 0.0% | $201 / Sq Ft |
| 04/05/2021 04/05/21 | Price Changed | $159,900 | -8.6% | $201 / Sq Ft |
| 02/03/2021 02/03/21 | For Sale | $174,900 | 0.0% | $220 / Sq Ft |
| 01/11/2021 01/11/21 | Price Changed | $174,900 | +58.4% | $220 / Sq Ft |
| 01/11/2021 01/11/21 | For Sale | $110,450 | -- | $139 / 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 | $745 | $50,800 | $27,700 | $23,100 |
| 2024 | $2,196 | $50,800 | $27,700 | $23,100 |
| 2023 | $2,304 | $50,800 | $27,700 | $23,100 |
| 2022 | $2,023 | $50,800 | $27,700 | $23,100 |
| 2021 | $1,952 | $50,800 | $27,700 | $23,100 |
| 2020 | $1,939 | $50,800 | $27,700 | $23,100 |
| 2019 | $1,891 | $50,800 | $27,700 | $23,100 |
| 2018 | $1,872 | $50,800 | $27,700 | $23,100 |
| 2017 | $1,840 | $50,800 | $27,700 | $23,100 |
| 2016 | $561 | $50,800 | $27,700 | $23,100 |
| 2015 | $561 | $50,800 | $27,700 | $23,100 |
| 2014 | $561 | $50,800 | $27,700 | $23,100 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy McCooey
-
Nick Price
Seller's Agent in 2021
Nick Price
Springer Realty Group
(610) 207-3927
4 in this area
18 Total Sales
-
William Jack
Buyer's Agent in 2021
William Jack
Keller Williams Elite
(267) 718-7803
2 in this area
3 Total Sales
Map
Source: Bright MLS
MLS Number: PABK373190
APN: 96-5307-13-03-1679
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