NOT LISTED FOR SALE

3446 Penn Ave Reading, PA 19608

Estimated Value: $218,147

-- Bed
-- Bath
1,680 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $195,000 $116 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,244/month

3 Days on Market

Highlights

  • Second Kitchen
  • Central Heating
  • Walk-Up Access
  • Wilson West Middle School Rated 9+
  • Hot Water Heating System

About This Home

As of May 2023

Here is your opportunity to own a 2 unit in the Wilson School district! This brick semi-detached has a great rental history. The current tenants have been in place since 2017 & 2018 and are currently month to month. The building has individual gas furnaces. Tenants pay heat & electric.

Last Agent to Sell the Property

Karl Becker

(484) 256-5882 karl.becker@cbhomes.com Coldwell Banker Realty License #RS191894L Listed on: 04/14/2023

Coldwell Banker Realty

Last Buyer's Agent

Ivonn Reyes

(610) 618-0470 irmrealtors@gmail.com Iron Valley Real Estate of Berks License #350425

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1910

Lot Details

  • 3,484 Sq Ft Lot
  • Property is in good condition

Home Design

  • 1,680 Sq Ft Home
  • Duplex
  • Split Foyer
  • Brick Exterior Construction
  • Stone Foundation

Kitchen

  • Second Kitchen

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • Alley Access
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Hot Water Heating System
  • Above Ground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, real estate taxes, trash collection, water
  • Tax Lot 7085
  • Assessor Parcel Number 79-4386-10-46-7085

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,020
  • Other Expense $1,120
  • Trash Expense $300
  • Gross Income $23,400
  • Net Operating Income $18,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,672

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Exclusions: 2 Washers & Dryers in the basement belonging to the present tenants. All personal property on the premises belong to the tenants.
  • Inclusions: 2 refrigerators and 2 range/ovens
  • New Construction: No
  • Other Expense: 1120.00
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Here is your opportunity to own a 2 unit in the Wilson School district! This brick semi-detached has a great rental history. The current tenants have been in place since 2017 & 2018 and are currently month to month. The building has individual gas furnaces. Tenants pay heat & electric.
  • Special Features: None

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 117.86
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3446

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
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Alley, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv
  • Water Source: Public

Schools

  • School District: WILSON
  • School District Key: 300200397305
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29900.00
  • Land Assessed Value: 29500.00
  • Land Use Code: 4126
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3484.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: C-1

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 23400.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1566776
  • School Tax: 1702.00
  • Tax Annual Amount: 2672.00
  • Assessor Parcel Number: 79-4386-10-46-7085
  • Tax Lot: 7085
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/03/2023

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 3, 2023
Sold by
D & V Investments Llc
Bought by
Padella Julio and Guzman-Fernandez Bertha Y
Seller's Agent
Karl Becker
Coldwell Banker Realty
Buyer's Agent
Ivonn Reyes
Iron Valley Real Estate of Berks
List Price
$198,000
Sold Price
$195,000
Premium/Discount to List
-$3,000
-1.52%
Views
94
Current Estimated Value
$218,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,147
Avg. Annual Appreciation
4.74%

Purchase Details

Listed on
Nov 4, 2021
Closed on
Nov 30, 2021
Sold by
Hoffman Jarad M
Bought by
Dv Investments Llc
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$170,000
Sold Price
$128,000
Premium/Discount to List
-$42,000
-24.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.51%

Purchase Details

Listed on
Aug 31, 2016
Closed on
Oct 31, 2016
Sold by
Mauser Dennis L
Bought by
Hoffman Jarad M
Seller's Agent
Michael Yourkavitch
Coldwell Banker Realty
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$95,750
Sold Price
$87,500
Premium/Discount to List
-$8,250
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$65,625
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2000
Bought by
Mauser Dennis L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Padella Julio $195,000 None Listed On Document
Dv Investments Llc $128,000 Signature Abstract
Hoffman Jarad M $87,500 Signature Abstract
Mauser Dennis L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Jarad M $65,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $195,000 0.0% $116 / Sq Ft
04/19/2023 04/19/23 Off Market $195,000 -- --
04/17/2023 04/17/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $198,000 +54.7% $118 / Sq Ft
11/30/2021 11/30/21 Sold $128,000 -24.7% $76 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $170,000 +94.3% $101 / Sq Ft
10/31/2016 10/31/16 Sold $87,500 -8.6% --
09/08/2016 09/08/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $95,750 -- --
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 $1,058 $59,400 $29,500 $29,900
2024 $2,770 $59,400 $29,500 $29,900
2023 $2,680 $59,400 $29,500 $29,900
2022 $2,613 $59,400 $29,500 $29,900
2021 $2,512 $59,400 $29,500 $29,900
2020 $2,512 $59,400 $29,500 $29,900
2019 $2,474 $59,400 $29,500 $29,900
2018 $2,432 $59,400 $29,500 $29,900
2017 $2,395 $59,400 $29,500 $29,900
2016 $855 $59,400 $29,500 $29,900
2015 $855 $59,400 $29,500 $29,900
2014 $855 $59,400 $29,500 $29,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2028790

Bright MLS

APN: 79-4386-10-46-7085