$135,000
SOLD MAR 31, 2025
-- Bed
-- Bath
3,049 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

32% Below List Price

25 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Traditional Architecture

About This Home

As of March 2025

Diamond in the Rough: Corner 3-Story with Endless Possibilities! This totally gutted corner property boasts 3 stories and a blank canvas just waiting for your vision. Originally a bar/restaurant, the owner has completed the hard work, taking care of most of the demolition and framing. Here's what you'll find:
New windows throughout for ample light and fresh air. Electrical work partially completed - a head start on your buildout. New subflooring - a solid foundation for your dream units. The proposed layout features:
1st Floor: Commercial space with dedicated rear storage, 2nd floor flex space and a convenient garage. 2nd Floor (Rear): Cozy 1-bedroom unit with living room, kitchen, and full bath. 2nd/3rd Floor (Front): Spacious 2-bedroom unit with a living room, kitchen, and full bath, taking advantage of the corner location. Bonus: The exterior brick was pointed & painted. Newer rolled roof on rear section provides peace of mind. Don't just dream it, build it! Proposed plans are available upon request. Unleash your creativity and bring this fantastic opportunity to life. This is your chance to own a piece of prime real estate and create a multi-unit income property tailored to your vision. If you have any questions about zoning, please call the City of Reading Zoning. Contact me today for a closer look!

Last Agent to Sell the Property

Angela Tolosky

Coldwell Banker Realty License #AB065824 Listed on: 03/18/2024

Coldwell Banker Realty

Last Buyer's Agent

Joseph Colon

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1892 | Remodeled in 2023

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Fixer Upper
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,049 Sq Ft Home
  • Open Floorplan
  • Rough-In Flooring
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire Escape

Additional Features

  • 3,049 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 3493
  • Assessor Parcel Number 07-5307-74-72-3493

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,299

Year Built

Built in 1892 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1892
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Diamond in the Rough: Corner 3-Story with Endless Possibilities! This totally gutted corner property boasts 3 stories and a blank canvas just waiting for your vision. Originally a bar/restaurant, the owner has completed the hard work, taking care of most of the demolition and framing. Here's what you'll find: New windows throughout for ample light and fresh air. Electrical work partially completed - a head start on your buildout. New subflooring - a solid foundation for your dream units. The proposed layout features: 1st Floor: Commercial space with dedicated rear storage, 2nd floor flex space and a convenient garage. 2nd Floor (Rear): Cozy 1-bedroom unit with living room, kitchen, and full bath. 2nd/3rd Floor (Front): Spacious 2-bedroom unit with a living room, kitchen, and full bath, taking advantage of the corner location. Bonus: The exterior brick was pointed & painted. Newer rolled roof on rear section provides peace of mind. Don't just dream it, build it! Proposed plans are available upon request. Unleash your creativity and bring this fantastic opportunity to life. This is your chance to own a piece of prime real estate and create a multi-unit income property tailored to your vision. If you have any questions about zoning, please call the City of Reading Zoning. Contact me today for a closer look!
  • Special Features: NewHome

Interior Features

  • Flooring Type: Rough-In
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3049
  • Living Area Sq Ft: 3049
  • Price Per Sq Ft: 65.56
  • Above Grade Finished Sq Ft: 3049
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 353

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Fire Escape, Sidewalks
  • View: City, Street
  • 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 Available
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4124
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: COMM/MIXED
  • Zoning Description: Commercial / Mixed Use - 3 Story

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • School Tax: 943.00
  • Tax Annual Amount: 2299.00
  • Assessor Parcel Number: 07-5307-74-72-3493
  • Tax Lot: 3493
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/31/2025

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Mar 28, 2025
Sold by
Jara Wilson
Bought by
Evza Investments Llc
Seller's Agent
Angela Tolosky
Coldwell Banker Realty
Buyer's Agent
Joseph Colon
Coldwell Banker Realty
List Price
$199,900
Sold Price
$135,000
Premium/Discount to List
-$64,900
-32.47%
Total Days on Market
25
Views
94

Purchase Details

Closed on
Feb 24, 2020
Sold by
Tax Claim Bureau Of Berks County
Bought by
Jara Wilson

Purchase Details

Closed on
Jun 1, 2012
Sold by
Mcdonald Valerie A
Bought by
Cream Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $135,000 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $30,000 None Available
Deed $92,062 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,400 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $135,000 -32.5% $44 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $199,900 -- $66 / 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 $1,428 $52,600 $13,000 $39,600
2024 $2,336 $52,600 $13,000 $39,600
2023 $2,299 $52,600 $13,000 $39,600
2022 $2,299 $52,600 $13,000 $39,600
2021 $2,299 $52,600 $13,000 $39,600
2020 $2,276 $52,600 $13,000 $39,600
2019 $2,276 $52,600 $13,000 $39,600
2018 $2,276 $52,600 $13,000 $39,600
2017 $2,261 $52,600 $13,000 $39,600
2016 $1,292 $52,600 $13,000 $39,600
2015 $1,292 $52,600 $13,000 $39,600
2014 $1,189 $52,600 $13,000 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2040360

Bright MLS

APN: 07-5307-74-72-3493