NOT LISTED FOR SALE

3921 Penn Ave Reading, PA 19608

Estimated Value: $593,235

-- Bed
-- Bath
4,375 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $370,000 $85 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,327/month

149 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Mobility Improvements
  • Wilson West Middle School Rated 9+
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

Looking to invest in a profitable building with long term lease tenants. Each unit pays their own electric and gas. There are four 2 bedroom with 1 bath units and the entire first floor is commercial space, which is currently occupied by a salon. Plenty of places to park with Off street and large parking lot. Great property well maintained with so many possibilities and income!!

Last Agent to Sell the Property

Jerry Buffa

(484) 529-9521 jerry@jerrybuffa.com Coldwell Banker Realty Listed on: 10/12/2018

Coldwell Banker Realty

Co-Listed By

Deanna Kobylarz

(610) 763-6025 deanna.kobylarz@cbrealty.com Coldwell Banker Realty License #RS282222

Last Buyer's Agent

Jerry Buffa

(484) 529-9521 jerry@jerrybuffa.com Coldwell Banker Realty Listed on: 10/12/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,069

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Stucco

Interior Spaces

  • 4,375 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry in unit

Flooring

  • Wood
  • Tile or Brick

Accessible Home Design

  • Mobility Improvements

Schools

  • Wilson High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7126
  • Assessor Parcel Number 79-4386-09-16-7126

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • Operating Expense $6,069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,069

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 4375
  • Living Area Sq Ft: 4375
  • Price Per Sq Ft: 87.98
  • Above Grade Finished Sq Ft: 4375
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: WILSON

Lot Info

  • Improvement Assessed Value: 70200.00
  • Land Assessed Value: 76700.00
  • Lot Size Acres: 0.29
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1566491
  • Tax Annual Amount: 6069.00
  • Assessor Parcel Number: 79-4386-09-16-7126
  • Tax Lot: 7126
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jun 14, 2019
Sold by
Miller Keith D
Bought by
The Right Solution Llc
Seller's Agent
Jerry Buffa
Coldwell Banker Realty
Buyer's Agent
Jerry Buffa
Coldwell Banker Realty
List Price
$384,900
Sold Price
$370,000
Premium/Discount to List
-$14,900
-3.87%
Current Estimated Value
$593,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,235
Avg. Annual Appreciation
7.49%
Original Mortgage
$277,500
Outstanding Balance
$243,990
Interest Rate
4.1%
Mortgage Type
Construction
Estimated Equity
$349,245

Purchase Details

Closed on
Oct 29, 1993
Bought by
Miller Keith D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Right Solution Llc $370,000 Title Services
Miller Keith D $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Right Solution Llc $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $370,000 -3.9% $85 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $384,900 -- $88 / 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 $2,616 $146,900 $76,700 $70,200
2024 $6,850 $146,900 $76,700 $70,200
2023 $6,627 $146,900 $76,700 $70,200
2022 $6,461 $146,900 $76,700 $70,200
2021 $6,212 $146,900 $76,700 $70,200
2020 $6,212 $146,900 $76,700 $70,200
2019 $6,118 $146,900 $76,700 $70,200
2018 $6,014 $146,900 $76,700 $70,200
2017 $5,922 $146,900 $76,700 $70,200
2016 $2,115 $146,900 $76,700 $70,200
2015 $2,115 $146,900 $76,700 $70,200
2014 $2,115 $146,900 $76,700 $70,200
Source: Public Records

Agents Affiliated with this Home

  • Jerry Buffa

    Seller's Agent in 2019

    Jerry Buffa

    Coldwell Banker Realty

    (484) 529-9521

    2 in this area

    146 Total Sales

    Jerry Buffa
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Deanna Kobylarz

    Coldwell Banker Realty

    (610) 763-6025

    13 Total Sales

    Deanna Kobylarz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1009920412

Bright MLS

APN: 79-4386-09-16-7126

Pennsylvania Berks County Reading 19608

3921 Penn Ave, Reading, PA

Not Listed for Sale

MultiFamily

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