NOT LISTED FOR SALE

3400 Rosedale Ave Reading, PA 19605

Laureldale Area
Studio
2 Baths
2,596 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: May 6, 2021

Last sale price $255,000 $98 Per Sq Ft

43 Days on Market

Highlights

  • No HOA
  • Central Air
  • 4-minute walk to Laureldale Park
  • Additional Land
  • Hot Water Heating System

About This Home

As of May 2021

ENDLESS OPPORTUNTIES WITH THIS LUCRATIVE INVESTMENT OPPORTUNITY IN LAURELDALE - 2 PARCELS, 2 UNITS, 1 SALE! Video tours are available for both units. This meticulously maintained 3 story brick detached residential building has tons of potential and is in an excellent location. For the last 24 years the owner has utilized the 1st floor unit to operate a very successful beauty salon. As of December 31, 2020 the owner will be retiring and closing the business. An integral service provider for more than two decades, the closure will lead to clients looking elsewhere for their beauty needs. Could that someone be you? Beauty salon equipment is also available for sale if the buyer wants to keep the function of the lower level the same. Not interested in a salon, perhaps an insurance, accounting, financial advisory, real estate, massage therapy, or small doctors office...or turn it into another rental unit. The second and third story serve as a rental unit. Tenant is on month to month lease (lease expired and no renewal) and would like to stay in the unit upon the buildings purchase. Tenant pays $550 a month including heat (FMV would be approx.. $1,000-$1,200). Let's talk mechanicals...this property was switched from oil to natural gas about 8-12 years ago increasing the efficiency and lowering the cost of utilities. Equipped with a rubber roof this building is ready to weather the storm; owner is in process of securing a certification of the condition of the roof including an estimation on how many more years left until replacement. Separate electric, water heater, and air conditioning source for both units (1st floor is central AC, 2nd/3rd floor is window units), making it easy to track and bill separate tenants. PLENTY OF PARKING! The second parcel included in the sale is the adjacent parking lot which can comfortably fit about 10 cars in with plenty of maneuverability. Feeling extra ambitious? Build an additional structure on your vacant piece of land! This property also includes updated exterior steel stairs to the upper unit, and a handicap accessible ramp. Both have been certified as L&I ensuring all compliance and integrity of the upgrades.

Last Agent to Sell the Property

Brett Rottmann

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS353133 Listed on: 02/01/2021

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Nehemiah Lindo

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS344732

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Additional Land

Parking

  • Parking Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,596 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2163
  • Assessor Parcel Number 57-5319-17-10-2163

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,339

Year Built

Built in 1920

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2596
  • Living Area Sq Ft: 2596
  • Price Per Sq Ft: 96.26
  • Above Grade Finished Sq Ft: 2596
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 52900.00
  • Land Assessed Value: 21000.00
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RESIDENTIAL
  • Zoning Description: Zoned Residential but is in the heart of the commercial zoning district

Rental Info

  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1530050
  • School Tax: 2271.00
  • Tax Annual Amount: 3339.00
  • Assessor Parcel Number: 57-5319-17-10-2163
  • Tax Lot: 2163
  • Tax Page Number: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: MUHLENBERG

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
Feb 1, 2021
Closed on
May 7, 2021
Sold by
Bought by
Seller's Agent
Brett Rottmann
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Nehemiah Lindo
Realty One Group Alliance
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Outstanding Balance
$213,314
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 1996
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Reading, PA

See All Agents

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
$245,000 Edge Abstract
$80,000 --
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 $240,562
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 Prior Sale
05/06/2021 05/06/21 Sold $255,000 0.0% $98 / Sq Ft
05/06/2021 05/06/21 Sold $255,000 +2.0% $98 / Sq Ft View Prior Sale
03/16/2021 03/16/21 Pending -- -- --
03/16/2021 03/16/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $249,900 0.0% $96 / Sq Ft
02/10/2021 02/10/21 Price Changed $249,900 -7.4% $96 / Sq Ft
02/01/2021 02/01/21 For Sale $269,900 0.0% $104 / Sq Ft
12/12/2020 12/12/20 For Sale $269,900 -- $104 / 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 $1,206 $73,900 $21,000 $52,900
2025 $1,206 $73,900 $21,000 $52,900
2024 $3,639 $73,900 $21,000 $52,900
2023 $3,450 $73,900 $21,000 $52,900
2022 $3,395 $73,900 $21,000 $52,900
2021 $3,339 $73,900 $21,000 $52,900
2020 $3,339 $73,900 $21,000 $52,900
2019 $3,271 $73,900 $21,000 $52,900
2018 $3,160 $73,900 $21,000 $52,900
2017 $3,102 $73,900 $21,000 $52,900
2016 $961 $73,900 $21,000 $52,900
2015 $961 $73,900 $21,000 $52,900
2014 $961 $73,900 $21,000 $52,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK373114

Bright MLS

APN: 5319-17-10-2163

Your Personal Tour Guide

Ask me questions while you tour the home.