NOT LISTED FOR SALE

3966 Penn Ave Reading, PA 19608

Estimated Value: $297,000 - $443,000

5 Beds
5 Baths
3,480 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $405,000 $116 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,181/month

16 Days on Market

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • Wood Burning Stove
  • Wilson High School Rated A-
  • 0.38 Acre Lot
  • Traditional Architecture

About This Home

As of September 2023

Wilson School District! Here is a unique opportunity to live mortgage free! This large property extends all the way from Penn Ave back to Columbia Ave. This sale includes a 3BR (possibly 4BR) Semi-detached home, 1BR Apartment, 2 person Salon, and another possible 1BR apartment, all you need to do is add a kitchenette! The current owner lives in the 1BR apartment which connects to the Salon and runs her business in the salon. The opportunity to produce an income in these units is endless. You can live in the home and have tenants throughout the rest of the property and have your entire mortgage paid for! You must see this in person to understand all of the income opportunity this property has to offer! The best part is you will be able to get residential financing for this property, no need to pay more for commercial lending! Schedule a showing today!

Last Agent to Sell the Property

Kristin Lightcap

Pagoda Realty Listed on: 07/24/2023

Pagoda Realty

Last Buyer's Agent

Chris Kostzewa

RE/MAX Of Reading

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1910

Lot Details

  • 0.38

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 3,480 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Wood Burning Stove
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces
  • Off-Street Parking

Outdoor Features

  • Patio
  • Office or Studio
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Property is in very good condition
  • Additional Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5706
  • Assessor Parcel Number 79-4386-09-15-5706

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,033

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Wilson School District! Here is a unique opportunity to live mortgage free! This large property extends all the way from Penn Ave back to Columbia Ave. This sale includes a 3BR (possibly 4BR) Semi-detached home, 1BR Apartment, 2 person Salon, and another possible 1BR apartment, all you need to do is add a kitchenette! The current owner lives in the 1BR apartment which connects to the Salon and runs her business in the salon. The opportunity to produce an income in these units is endless. You can live in the home and have tenants throughout the rest of the property and have your entire mortgage paid for! You must see this in person to understand all of the income opportunity this property has to offer! The best part is you will be able to get residential financing for this property, no need to pay more for commercial lending! Schedule a showing today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: 2nd Kitchen, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Stove - Wood
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3480
  • Living Area Sq Ft: 3480
  • Price Per Sq Ft: 129.31
  • Above Grade Finished Sq Ft: 3480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3966

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House, Office/Studio
  • Construction Materials: Stone, Brick
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil, Natural Gas, Wood
  • Heating Type: Baseboard - Hot Water, Hot Water, Radiator, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • 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: WILSON
  • School District Key: 300200397305
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 161
  • Lot Size Acres: 0.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16552.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2562.00
  • Tax Annual Amount: 4033.00
  • Assessor Parcel Number: 79-4386-09-15-5706
  • Tax Lot: 5706
  • Tax Total Finished Sq Ft: 1262
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/13/2023

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Sep 13, 2023
Sold by
Avram Irina and Ardelean Simona
Bought by
Dk Home Investments Llc
Seller's Agent
Kristin Lightcap
Pagoda Realty
Buyer's Agent
Chris Kostzewa
RE/MAX Of Reading
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Total Days on Market
16
Views
200
Current Estimated Value
$385,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,126
Avg. Annual Appreciation
-2.71%
Original Mortgage
$330,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Werner Heather L and Werner Toby L
Bought by
Ardelean Sile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.91%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Sarge Joyce A
Bought by
Werner Toby L and Werner Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
6.88%
Source: Public Records

Similar Homes in Reading, PA

  • 203 Barrington Dr, Reading, PA 19607

    $374,900

    • 3 Beds
    • 4 Baths
    • 3,301 Sq Ft
    • 203 Barrington Dr
    • Reading, PA

    Enjoy the space and comfort of a single-family home with the convenience of townhome living located in the desirable Thomas Gardens community. This expansive home features 3 generously sized bedrooms, 2 full bathrooms, and 2 half baths, including a luxurious primary suite with a two-sided gas fireplace that enhances both the bedroom and en-suite bath. The main level boasts an open-concept living

    TARYN HARTMAN Coldwell Banker Realty

    Section Image
  • 221 S 5th St, Reading, PA 19602

    $299,900

    • 5 Beds
    • 5 Baths
    • 2,178 Sq Ft
    • 221 S 5th St
    • Reading, PA

    ***Calling all investors*** Don’t miss your opportunity to own a unique property that is ready to produce instant income. This freshly renovated property was once set up for a commercial lower space and potential residential in the upper level. The current owner has framed out the a large open space in the lower level with garage access from the back. This lower level would be perfect for a

    Kimberly Delgado Coldwell Banker Realty

    Section Image
See All Homes in Reading

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dk Home Investments Llc $405,000 Stewart Title
Ardelean Sile $90,000 --
Werner Toby L $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dk Home Investments Llc $350,000
Closed Dk Home Investments Llc $330,000
Previous Owner Avram Irina $75,000
Previous Owner Ardelean Sile $72,000
Previous Owner Werner Toby L $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $405,000 -10.0% $116 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $450,000 -- $129 / 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 $1,592 $89,400 $45,900 $43,500
2024 $4,169 $89,400 $45,900 $43,500
2023 $4,033 $89,400 $45,900 $43,500
2022 $3,932 $89,400 $45,900 $43,500
2021 $3,780 $89,400 $45,900 $43,500
2020 $3,780 $89,400 $45,900 $43,500
2019 $3,723 $89,400 $45,900 $43,500
2018 $3,660 $89,400 $45,900 $43,500
2017 $3,604 $89,400 $45,900 $43,500
2016 $1,287 $89,400 $45,900 $43,500
2015 $1,287 $89,400 $45,900 $43,500
2014 $1,287 $89,400 $45,900 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Kristin Lightcap

    Seller's Agent in 2023

    Kristin Lightcap

    Pagoda Realty

    (484) 663-0731

    2 in this area

    60 Total Sales

    Kristin Lightcap
    Section Image
  • Chris Kostzewa

    Buyer's Agent in 2023

    Chris Kostzewa

    RE/MAX of Reading

    (610) 823-7613

    2 in this area

    39 Total Sales

    Chris Kostzewa
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2032708

Bright MLS

APN: 79-4386-09-15-5706

Pennsylvania Berks County Reading 19608

3966 Penn Ave, Reading, PA

This home is located at 3966 Penn Ave, Reading, PA 19608 since 24 July 2023 and is currently estimated at $385,874, approximately $110 per square foot. This property was built in 1910. 3966 Penn Ave is a home located in Berks County with nearby schools including Whitfield Elementary School, Wilson West Middle School, and Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes