NOT LISTED FOR SALE

345 S 7th St Reading, PA 19602

Estimated Value: $88,039

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 07, 2019

Last sale price $25,000

Est. 252% increase in value since last sale

Current estimated payment $528/month

198 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of May 2019

Great multi-unit property for an investor or an owner occupant who wants to live in one unit and rent out the other. The home has separated heating units, gas on the first floor and electric on the second. If you enjoy being outside and/or hosting backyard events than you will fall in love with the size of this backyard. You could hold up to 8 vehicles in the rear. Schedule your showing today.

Last Agent to Sell the Property

Juan Zabala

Compass Listed on: 10/01/2018

Compass

Last Buyer's Agent

Juan Zabala

Compass Listed on: 10/01/2018

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485

Home Design

  • Duplex
  • Vinyl Siding

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 0020
  • Assessor Parcel Number 02-5306-36-98-0020

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Reading Subdivision

Building Details

  • Operating Expense $1,168

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Stove
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Great multi-unit property for an investor or an owner occupant who wants to live in one unit and rent out the other. The home has separated heating units, gas on the first floor and electric on the second. If you enjoy being outside and/or hosting backyard events than you will fall in love with the size of this backyard. You could hold up to 8 vehicles in the rear. Schedule your showing today.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 345

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 13000.00
  • Land Assessed Value: 14000.00
  • Land Use Code: 5106
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1440900
  • Tax Annual Amount: 1168.00
  • Assessor Parcel Number: 02-5306-36-98-0020
  • Tax Lot: 0020
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/07/2019

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
May 2, 2019
Sold by
Torres Tamika L and Green Kyle
Bought by
G & L Estates Llc
Seller's Agent
Juan Zabala
Compass
Buyer's Agent
Juan Zabala
Compass
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%
Total Days on Market
198
Current Estimated Value
$88,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,039
Avg. Annual Appreciation
22.92%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Brown John K and Brown Veronica K
Bought by
Torres Tamika L and Green Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
6.39%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
G & L Estates Llc $25,000 Sentry Abstract Company
Torres Tamika L $49,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Tamika L $44,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $25,000 -37.3% --
03/28/2019 03/28/19 Price Changed $39,900 0.0% --
03/28/2019 03/28/19 For Sale $39,900 +59.6% --
03/17/2019 03/17/19 Off Market $25,000 -- --
02/27/2019 02/27/19 Price Changed $49,000 -18.2% --
11/14/2018 11/14/18 Price Changed $59,900 -14.3% --
10/01/2018 10/01/18 For Sale $69,900 -- --
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 $733 $27,000 $14,000 $13,000
2024 $1,199 $27,000 $14,000 $13,000
2023 $1,180 $27,000 $14,000 $13,000
2022 $1,180 $27,000 $14,000 $13,000
2021 $1,180 $27,000 $14,000 $13,000
2020 $1,168 $27,000 $14,000 $13,000
2019 $1,168 $27,000 $14,000 $13,000
2018 $1,168 $27,000 $14,000 $13,000
2017 $1,161 $27,000 $14,000 $13,000
2016 $484 $27,000 $14,000 $13,000
2015 $663 $27,000 $14,000 $13,000
2014 $610 $27,000 $14,000 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007865502

Bright MLS

APN: 02-5306-36-98-0020