Seller's Agent in 2017
BARRY CIABATTONI
RE/MAX of Reading
50 Total Sales
343 N 8th St Reading, PA 19601
Southeast Reading NeighborhoodEstimated Value: $105,193
--
Bed
--
Bath
--
Sq Ft
2,614
Sq Ft Lot
Highlights
- 0.06 Acre Lot
- Mobility Improvements
- Hot Water Heating System
- No HOA
- En-Suite Primary Bedroom
About This Home
As of June 2017Large Mixed Use fully detached 3 unit consisting of flex commercial space on the main level. Many years ago was the orginal Delux Diner. Buyer must get City approval for planned use. 2nd floor has unit 2 with 5 rooms, 3 BRS and a 4 yr tenant at $550/month. 3rd floor has unit 3 an efficiency with a 2 year tenant at $400/mo. Gas heat paid by owner. Tenants pay for gas cooking, hot water and electric. Building located across from the former Hershey/Luden's factory. Building is in overall good shape. Updated heating & electrical systems. Last code inspected 2 years ago. Being sold AS IS. 11% Cap Rate!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Flat Roof Shape
- Stone Foundation
- Pitched Roof
- Metal Roof
- Stucco
Schools
- Reading Senior High School
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- En-Suite Primary Bedroom
- Basement Fills Entire Space Under The House
- Mobility Improvements
Listing and Financial Details
- Tax Lot 5370
- Assessor Parcel Number 09-5307-76-92-5370
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $600
- Insurance Expense $2,208
- Other Expense $200
- Operating Expense $9,087
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2023
Sold by
Jmdp Properties Llc
Bought by
Joyura Properties
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Outstanding Balance
$85,844
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$23,067
Purchase Details
Closed on
Sep 26, 2022
Sold by
Phan Tu Sean
Bought by
Jmdp Properties Llc
Purchase Details
Listed on
Jun 1, 2017
Closed on
Jun 26, 2017
Sold by
Freymoyer Jeremy P and Freymoyer Dulcinea
Bought by
Phan Tu Sean
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$99,900
Sold Price
$58,000
Premium/Discount to List
-$41,900
-41.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Purchase Details
Listed on
Mar 7, 2017
Closed on
Mar 30, 2017
Sold by
Frangakis Despina and Burkman Anna
Bought by
Freymoyer Jeremy P and Freymoyer Dulcinea
Seller's Agent
BARRY CIABATTONI
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3233.24%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joyura Properties | $147,000 | None Listed On Document | |
| Jmdp Properties Llc | $50,000 | -- | |
| Phan Tu Sean | $58,000 | None Available | |
| Freymoyer Jeremy P | $25,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joyura Properties | $87,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2017 06/26/17 | Sold | $58,000 | -41.9% | -- |
| 06/01/2017 06/01/17 | Pending | -- | -- | -- |
| 06/01/2017 06/01/17 | For Sale | $99,900 | +299.6% | -- |
| 03/30/2017 03/30/17 | Sold | $25,000 | +0.4% | -- |
| 03/10/2017 03/10/17 | Pending | -- | -- | -- |
| 03/07/2017 03/07/17 | For Sale | $24,900 | -- | -- |
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 | $945 | $34,800 | $12,000 | $22,800 |
| 2024 | $1,545 | $34,800 | $12,000 | $22,800 |
| 2023 | $1,521 | $34,800 | $12,000 | $22,800 |
| 2022 | $1,521 | $34,800 | $12,000 | $22,800 |
| 2021 | $1,521 | $34,800 | $12,000 | $22,800 |
| 2020 | $1,506 | $34,800 | $12,000 | $22,800 |
| 2019 | $1,506 | $34,800 | $12,000 | $22,800 |
| 2018 | $1,506 | $34,800 | $12,000 | $22,800 |
| 2017 | $1,496 | $34,800 | $12,000 | $22,800 |
| 2016 | $624 | $34,800 | $12,000 | $22,800 |
| 2015 | $855 | $34,800 | $12,000 | $22,800 |
| 2014 | $786 | $34,800 | $12,000 | $22,800 |
Source: Public Records
Agents Affiliated with this Home
-
BARRY CIABATTONI
-
Jose Candelaria
Seller's Agent in 2017
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
4 in this area
234 Total Sales
Map
Source: Bright MLS
MLS Number: 1003658559
APN: 09-5307-76-92-5370
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