NOT LISTED FOR SALE

Estimated Value: $282,000 - $354,000

-- Bed
-- Bath
2,571 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $80,000 $31 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,762/month

39 Days on Market

Highlights

  • Commercial Range
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • Upgraded Countertops
  • Carpet

About This Home

As of July 2019

Have you ever dreamed of owning your own business? This property is for you! The first floor of this corner lot is commercial space that was previously a sandwich shop, but could be used as anything you want! The whole house has been newly updated this year and is just waiting for new owners! Pizza oven, grills, and appliances are negotiable. The second through fourth floor is all living space that has new flooring and fresh paint through out. The second floor hold a half bath, kitchen, dining room, and living room. The kitchen has new appliances, new fixtures, new counter tops, and new cabinets. Third floor holds 4 bedroom and one full baths. Fourth floor has 2 more bedrooms. All bedrooms have new carpeting and fresh paint. There is a yard enclosed by a garage in the back. This home is move in ready so schedule your showing today!!

Last Agent to Sell the Property

Robert Savory

(484) 220-1000 bertskiis@msn.com Destination Realty LLC Listed on: 05/13/2019

Last Buyer's Agent

Robert Savory

(484) 220-1000 bertskiis@msn.com Destination Realty LLC Listed on: 05/13/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 2,571 Sq Ft Home
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Upgraded Countertops

Utilities

  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 7424
  • Assessor Parcel Number 09-5317-70-12-7424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Pizza oven, grills, and appliances are negotiable
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 20
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Commercial Range, Built-In Microwave
  • Interior Amenities: Carpet, Kitchen - Table Space, Pantry, Store/Office, Upgraded Countertops
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 2571
  • Living Area Sq Ft: 2571
  • Price Per Sq Ft: 44.73
  • Above Grade Finished Sq Ft: 2571
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 33100.00
  • Land Assessed Value: 8800.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: MIXED USE, RES, COMM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1447130
  • School Tax: 751.00
  • Tax Annual Amount: 1813.00
  • Assessor Parcel Number: 09-5317-70-12-7424
  • Tax Lot: 7424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 19, 2019
Sold by
Stellar Homes Llc
Bought by
Morales Victor Sales
Seller's Agent
Robert Savory
Destination Realty LLC
Buyer's Agent
Robert Savory
Destination Realty LLC
List Price
$119,000
Sold Price
$80,000
Premium/Discount to List
-$39,000
-32.77%
Current Estimated Value
$318,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,000
Avg. Annual Appreciation
24.11%
Original Mortgage
$200,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 28, 2018
Sold by
Feudale James J
Bought by
Stellar Homes Llc

Purchase Details

Closed on
Jan 18, 2008
Sold by
Lecatsas Chris A and Lecatsas Marie B
Bought by
Feudale James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2003
Sold by
Lecatsas Chris A and Lecatsas Susan
Bought by
Lecatsas Chris A and Lecatsas Spiros S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Victor Sales $80,000 Conestoga Title Company
Stellar Homes Llc $46,000 None Available
Feudale James J $110,000 First American Title Ins Co
Lecatsas Chris A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Victor Sales $195,000
Closed Morales Victor Sales $200,000
Previous Owner Feudale James J $88,000
Previous Owner Lecatsas Chris A $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $80,000 -30.4% $31 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $115,000 -3.4% $45 / Sq Ft
05/13/2019 05/13/19 For Sale $119,000 -- $46 / 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 $1,137 $41,900 $8,800 $33,100
2024 $1,861 $41,900 $8,800 $33,100
2023 $1,832 $41,900 $8,800 $33,100
2022 $1,832 $41,900 $8,800 $33,100
2021 $1,832 $41,900 $8,800 $33,100
2020 $1,813 $41,900 $8,800 $33,100
2019 $1,813 $41,900 $8,800 $33,100
2018 $1,813 $41,900 $8,800 $33,100
2017 $1,801 $41,900 $8,800 $33,100
2016 $1,029 $41,900 $8,800 $33,100
2015 $1,029 $41,900 $8,800 $33,100
2014 $947 $41,900 $8,800 $33,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK341314

Bright MLS

APN: 09-5317-70-12-7424