NOT LISTED FOR SALE

Estimated Value: $92,287 - $132,000

5 Beds
1 Bath
1,187 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $55,000 $46 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $663/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 2-minute walk to Barbey's Park
  • No HOA
  • West Facing Home

About This Home

As of December 2022

Welcome to 350 McKnight St Reading PA, this beautiful house offers 5 bedrooms, 1 bath and a great source of income for any investor as it is currently rented for $900 but with the current rent in the area it could be increased in the near future. Don't miss the opportunity to either start your investment portfolio or to add it to your current one. Schedule your private showing today.

This property is part of a 7 property portfolio, it could be sold separately or as a Package, please refer to the following MLS numbers for more info PABK2022996, PABK2022994, PABK2022992, PABK2022990, PABK2022988, PABK2022986, PABK2022984

Last Agent to Sell the Property

Mr. Nelson Gamez

Realty One Group Alliance License #RM426110 Listed on: 10/22/2022

Realty One Group Alliance

Last Buyer's Agent

Mr. Nelson Gamez

Realty One Group Alliance License #RM426110 Listed on: 10/22/2022

Realty One Group Alliance

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $787

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot
  • West Facing Home

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • 1,187 Sq Ft Home
  • Property has 2.5 Levels
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Stove
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2166
  • Assessor Parcel Number 06-5307-73-52-2166

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$787

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All tenants belongings.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-10-22
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 350 McKnight St Reading PA, this beautiful house offers 5 bedrooms, 1 bath and a great source of income for any investor as it is currently rented for $900 but with the current rent in the area it could be increased in the near future. Don't miss the opportunity to either start your investment portfolio or to add it to your current one. Schedule your private showing today. This property is part of a 7 property portfolio, it could be sold separately or as a Package, please refer to the following MLS numbers for more info PABK2022996, PABK2022994, PABK2022992, PABK2022990, PABK2022988, PABK2022986, PABK2022984
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Laminated
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1187
  • Living Area Sq Ft: 1187
  • Price Per Sq Ft: 75.74
  • Above Grade Finished Sq Ft: 1187
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 350

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • 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
  • Electric Service: 100 Amp Service
  • 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: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 13800.00
  • Land Assessed Value: 4200.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1444122
  • School Tax: 323.00
  • Tax Annual Amount: 787.00
  • Assessor Parcel Number: 06-5307-73-52-2166
  • Tax Lot: 2166
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/05/2022

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Nov 29, 2022
Sold by
Breton Management Llc
Bought by
Imperio Investments Iii Llc
Seller's Agent
Mr. Nelson Gamez
Realty One Group Alliance
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%
Views
34
Current Estimated Value
$113,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,462
Avg. Annual Appreciation
27.59%
Original Mortgage
$64,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2022
Sold by
Madrigal Jose L
Bought by
Breton Management Llc

Purchase Details

Closed on
Dec 15, 2020
Sold by
Zimmerman Marvin M and Zimmerman Beverly
Bought by
Madrigal Jose L

Purchase Details

Closed on
Nov 22, 2008
Sold by
Cummings David A and Cummings Maria T
Bought by
Zimmerman Marvin M and Zimmerman Beverly

Purchase Details

Closed on
Jun 19, 2006
Sold by
Hockfelder Ted
Bought by
Cummings David A and Cummings Maria T

Purchase Details

Closed on
Jun 27, 2005
Sold by
Lorrah Paul
Bought by
Hockfelder Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2003
Sold by
Key Kawanna
Bought by
First Collateral Services
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
Imperio Investments Iii Llc $55,000 --
Breton Management Llc $30,000 None Listed On Document
Madrigal Jose L $20,000 Conestoga Title Company
Zimmerman Marvin M $21,000 Conestoga Title Insurance Co
Cummings David A $29,000 None Available
Hockfelder Ted -- --
First Collateral Services $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imperio Investments Iii $72,800
Closed Imperio Investments Iii Llc $64,500
Previous Owner Hockfelder Ted $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $55,000 -38.8% $46 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $89,900 +63.5% $76 / Sq Ft
10/24/2022 10/24/22 Off Market $55,000 -- --
10/22/2022 10/22/22 For Sale $89,900 -- $76 / 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 $489 $18,000 $4,200 $13,800
2024 $799 $18,000 $4,200 $13,800
2023 $787 $18,000 $4,200 $13,800
2022 $787 $18,000 $4,200 $13,800
2021 $787 $18,000 $4,200 $13,800
2020 $779 $18,000 $4,200 $13,800
2019 $779 $18,000 $4,200 $13,800
2018 $779 $18,000 $4,200 $13,800
2017 $774 $18,000 $4,200 $13,800
2016 $442 $18,000 $4,200 $13,800
2015 $442 $18,000 $4,200 $13,800
2014 $407 $18,000 $4,200 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2022988

Bright MLS

APN: 06-5307-73-52-2166