Seller's Agent in 2023
Kristin Lightcap
Pagoda Realty
(484) 663-0731
2 in this area
63 Total Sales
3966 Penn Ave Reading, PA 19608
Estimated Value: $304,000 - $490,000
5
Beds
5
Baths
3,480
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Second Kitchen
- Wood Burning Stove
- Wilson West Middle School Rated 9+
- 0.38 Acre Lot
- Traditional Architecture
About This Home
As of September 2023Wilson 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
(484) 663-0731 klightcap@pagodarpm.com Pagoda Realty Listed on: 07/24/2023
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
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%
Views
200
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,388
Avg. Annual Appreciation
0.64%
Original Mortgage
$330,000
Outstanding Balance
$322,922
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$87,466
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%
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
Average Home Value in this Area
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 | $330,000 | |
| Previous Owner | Ardelean Sile | $72,000 | |
| Previous Owner | Werner Toby L | $69,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Chris Kostzewa
Buyer's Agent in 2023
Chris Kostzewa
RE/MAX of Reading
(610) 823-7613
2 in this area
33 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2032708
APN: 79-4386-09-15-5706
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