NOT LISTED FOR SALE

348 Pearl St Reading, PA 19602

Estimated Value: $83,595 - $111,000

5 Beds
1 Bath
1,398 Sq Ft
$69/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $65,000 $46 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $531/month

2 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Forced Air Heating System
  • Great Room

About This Home

As of February 2022

Opportunity is knocking with this spacious 5 bedroom/1 bath city townhome that is priced to sell! Gas heat hot water & cooking, generous sized bedrooms, and a back courtyard to enjoy when the warmer weather returns are just a few of this home's perks. Located in close proximity to Penn Street and all it has to offer, like its great eateries, shopping, the seasonal farmer's market, the beautiful library, the Santander Arena, public transportation and major transportation routes for an easy commute. There is a lease in place until 7/31/22, so those looking to owner occupy will need patience, but it will be worth the wait! If you are an investor looking to expand your portfolio or your next project down the line, this could be perfect for YOU! Especially, with all of the exciting projects occurring in the city! Tenant currently pays $811 and ALL utilities.

Last Agent to Sell the Property

Amy Baker

(484) 824-2871 amybakerwilliams@kw.com Keller Williams Platinum Realty - Wyomissing License #RS293305 Listed on: 01/13/2022

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Fernando Hernandez

(610) 406-8198 fernando.hernandez@exprealty.com Iron Valley Real Estate of Berks

Iron Valley Real Estate of Berks

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $621

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,398 Sq Ft Home
  • Property has 3 Levels
  • Great Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Rosewood Glen Subdivision

Listing and Financial Details

  • Tax Lot 0056
  • Assessor Parcel Number 01-5306-35-88-0056

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$621

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Great Room
  • Basement: Yes
  • Basement Type: Poured Concrete, Unfinished
  • Laundry Type: Hookup, Main Floor
  • Total Sq Ft: 1398
  • Living Area Sq Ft: 1398
  • Price Per Sq Ft: 46.49
  • Above Grade Finished Sq Ft: 1398
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

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: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 10300.00
  • Land Assessed Value: 3900.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1440230
  • School Tax: 255.00
  • Tax Annual Amount: 621.00
  • Assessor Parcel Number: 01-5306-35-88-0056
  • Tax Lot: 0056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Batista Franklyn Grullon
Bought by
Unlimitied Success Group Llc
Current Estimated Value
$96,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$121,769
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
-$25,370

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 27, 2022
Sold by
Altes Investment Llc
Bought by
Batista Franklyn Grullon
Seller's Agent
Amy Baker
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Fernando Hernandez
Iron Valley Real Estate of Berks
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Listed on
Jul 5, 2020
Closed on
Sep 18, 2020
Sold by
Rockford Fund Ii Llc
Bought by
Altes Investments Llc
Seller's Agent
Sheldon Zimmerman
Peak Asset Realty
Buyer's Agent
Dennis Wasilewski
Tesla Realty Group, LLC
List Price
$59,000
Sold Price
$50,000
Premium/Discount to List
-$9,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%
Original Mortgage
$40,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2020
Sold by
Rockford Capital Group Llc
Bought by
Rockford Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2017
Sold by
Patterson George E and Burgos Darlene
Bought by
Rockford Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 20, 2016
Sold by
Gs Realty And Investment Corp
Bought by
Patterson George E and Burgos Darlene

Purchase Details

Closed on
Jun 30, 2010
Sold by
Yee Ka Yee and Rearden Anthony B
Bought by
Gs Realty Investment Corp

Purchase Details

Closed on
Jan 29, 2007
Sold by
Trakas Arthur
Bought by
Yee Ka Yee

Purchase Details

Closed on
Apr 14, 2006
Sold by
Jawed Mohammed I and Brown Kevin
Bought by
Trakas Arthur
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Unlimitied Success Group Llc -- None Listed On Document
Batista Franklyn Grullon $65,000 Power Settlement Group Llc
Altes Investments Llc $50,000 Regal Abstract
Rockford Fund Ii Llc $25,276 None Available
Rockford Capital Group Llc $18,000 None Available
Patterson George E $4,000 None Available
Gs Realty Investment Corp $25,000 None Available
Yee Ka Yee $56,000 None Available
Trakas Arthur $28,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unlimitied Success Group Llc $123,000
Previous Owner Altes Investments Llc $40,000
Previous Owner Rockford Capital Group Llc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $65,000 0.0% $46 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $65,000 +30.0% $46 / Sq Ft
09/23/2020 09/23/20 Sold $50,000 -10.6% $36 / Sq Ft View Prior Sale
08/21/2020 08/21/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $55,900 -5.3% $40 / Sq Ft
07/05/2020 07/05/20 For Sale $59,000 -- $42 / Sq Ft
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 $385 $14,200 $3,900 $10,300
2024 $631 $14,200 $3,900 $10,300
2023 $621 $14,200 $3,900 $10,300
2022 $621 $14,200 $3,900 $10,300
2021 $621 $14,200 $3,900 $10,300
2020 $615 $14,200 $3,900 $10,300
2019 $615 $14,200 $3,900 $10,300
2018 $615 $14,200 $3,900 $10,300
2017 $610 $14,200 $3,900 $10,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2009846

Bright MLS

APN: 01-5306-35-88-0056