NOT LISTED FOR SALE

3805 Kutztown Rd Reading, PA 19605

Estimated Value: $435,879

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold February 26, 2021

Last sale price $314,500

Est. 39% increase in value since last sale

Current estimated payment $2,560/month

25 Days on Market

About This Home

As of February 2021

This 3,570 SqFt mixed-use property is the perfect opportunity you won't want to turn down! This property includes three 2-bedroom apartments, 1 storefront, and two 10-foot garages! A Construction company currently rents the storefront and one of the garages for $1325+ heat and electricity. The three 2 bedroom apartments rent for $780, $790, and $810 + heat and electric and all tenants have lived here 3+yrs. Additional garage currently used by the owner. This property has been well maintained since the seller purchased it in 1987. Roof replaced in July 2020. The owner only pays RE taxes, insurance, and W/S/T. 10% Cap Rate!

Last Agent to Sell the Property

Autumn Sanger

Compass RE Listed on: 11/05/2020

Compass RE

Last Buyer's Agent

Tammy Bieber

BHHS Fox & Roach-Macungie License #RS336950

BHHS Fox & Roach-Macungie

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,290

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Stucco

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 8747
  • Assessor Parcel Number 57-5309-20-91-8747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,290

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: This 3,570 SqFt mixed-use property is the perfect opportunity you won't want to turn down! This property includes three 2-bedroom apartments, 1 storefront, and two 10-foot garages! A Construction company currently rents the storefront and one of the garages for $1325+ heat and electricity. The three 2 bedroom apartments rent for $780, $790, and $810 + heat and electric and all tenants have lived here 3+yrs. Additional garage currently used by the owner. This property has been well maintained since the seller purchased it in 1987. Roof replaced in July 2020. The owner only pays RE taxes, insurance, and W/S/T. 10% Cap Rate!
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3805

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MUHLENBERG
  • School District Key: 300200397508
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 80400.00
  • Land Assessed Value: 58800.00
  • Land Use Code: 4118
  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2021
  • Zoning: MIXED USE

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1529279
  • School Tax: 4278.00
  • Tax Annual Amount: 6290.00
  • Assessor Parcel Number: 57-5309-20-91-8747
  • Tax Lot: 8747
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 8, 2021
Sold by
Scianna Dennis
Bought by
Hunter Teresa and Hunter Ray A
Seller's Agent
Autumn Sanger
Compass RE
Buyer's Agent
Tammy Bieber
BHHS Fox & Roach-Macungie
List Price
$320,000
Sold Price
$314,500
Premium/Discount to List
-$5,500
-1.72%
Current Estimated Value
$435,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,379
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Sep 30, 1998
Bought by
Scianna Dennis
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
Hunter Teresa $314,500 None Available
Scianna Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scianna Dennis $140,250
Previous Owner Scianna Dennis $10,000
Previous Owner Scianna Dennis $175,000
Previous Owner Scianna Dennis $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $314,500 0.0% --
11/30/2020 11/30/20 Pending -- -- --
11/30/2020 11/30/20 Off Market $314,500 -- --
11/05/2020 11/05/20 For Sale $320,000 -- --
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 $2,271 $139,200 $58,800 $80,400
2024 $6,855 $139,200 $58,800 $80,400
2023 $6,499 $139,200 $58,800 $80,400
2022 $6,394 $139,200 $58,800 $80,400
2021 $6,290 $139,200 $58,800 $80,400
2020 $6,290 $139,200 $58,800 $80,400
2019 $6,162 $139,200 $58,800 $80,400
2018 $5,953 $139,200 $58,800 $80,400
2017 $5,844 $139,200 $58,800 $80,400
2016 $1,811 $139,200 $58,800 $80,400
2015 $1,811 $139,200 $58,800 $80,400
2014 $1,811 $139,200 $58,800 $80,400
Source: Public Records

Agents Affiliated with this Home

  • Autumn Sanger

    Seller's Agent in 2021

    Autumn Sanger

    Compass RE

    (717) 679-4062

    1 in this area

    71 Total Sales

    Autumn Sanger
    Section Image

  • T

    Buyer's Agent in 2021

    Tammy Bieber

    BHHS Fox & Roach

    (610) 451-4331

    1 in this area

    5 Total Sales

    Tammy Bieber
    Section Image
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Map

Source: Bright MLS

MLS Number: PABK366802

Bright MLS

APN: 57-5309-20-91-8747

Pennsylvania Berks County Reading 19560

3805 Kutztown Rd, Reading, PA

This home is located at 3805 Kutztown Rd, Reading, PA 19605 since 05 November 2020 and is currently estimated at $435,879. This property was built in 1930. 3805 Kutztown Rd is a home located in Berks County with nearby schools including Muhlenberg Elementary Center, C E Cole Intermediate School, and Muhlenberg Junior High School.

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