Seller's Agent in 2020
Jeffrey Stout
Stout Associates Realtors
(610) 823-1731
38 Total Sales
3978 Penn Ave Reading, PA 19608
Studio
--
Bath
--
Sq Ft
39,204
Sq Ft Lot
Highlights
- 0.9 Acre Lot
- Colonial Architecture
- Cooling Available
- Wilson West Middle School Rated 9+
- No HOA
- Hot Water Baseboard Heater
About This Home
As of August 20203 unit building sold in package only with 3984,3986. and 3992 Penn Ave 17 total units.. parking in rear. Great opportunity in revitalizing Sinking Spring. Total gross income is $128,685. Call Stout Associates for more details 610 921 3141
Last Agent to Sell the Property
(610) 921-3141 stoutsold@aol.com Stout Associates Realtors Listed on: 05/04/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,482
Year Built
- Built in 1910
Lot Details
- 0.9 Acre Lot
- Property is in good condition
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Aluminum Siding
Parking
- Driveway
- Paved Parking
- On-Street Parking
- Parking Lot
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- Electric Water Heater
- Cable TV Available
Additional Features
- Unfinished Basement
Listing and Financial Details
- The owner pays for common area maintenance, insurance, lawn/shrub care, management, repairs, snow removal, real estate taxes, water, sewer
- Assessor Parcel Number 79-4386-09-15-3861
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $1,300
- Gross Income $24,140
- Net Operating Income $14,310
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2011
Sold by
Oskar Properties Llc
Bought by
Oskar Land Stump Rd Llc
Purchase Details
Closed on
Apr 30, 2010
Sold by
Levandowski John D and Levandowski Paula E
Bought by
Oskar Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oskar Land Stump Rd Llc | -- | None Available | |
| Oskar Properties Llc | $800,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Oskar Properties Llc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $810,000 | 0.0% | -- |
| 07/26/2020 07/26/20 | Off Market | $810,000 | -- | -- |
| 05/04/2020 05/04/20 | For Sale | $889,900 | -- | -- |
Source: Bright MLS
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 | $1,888 | $106,000 | $47,000 | $59,000 |
| 2024 | $4,943 | $106,000 | $47,000 | $59,000 |
| 2023 | $4,782 | $106,000 | $47,000 | $59,000 |
| 2022 | $4,662 | $106,000 | $47,000 | $59,000 |
| 2021 | $4,482 | $106,000 | $47,000 | $59,000 |
| 2020 | $4,482 | $106,000 | $47,000 | $59,000 |
| 2019 | $4,415 | $106,000 | $47,000 | $59,000 |
| 2018 | $4,339 | $106,000 | $47,000 | $59,000 |
| 2017 | $4,273 | $106,000 | $47,000 | $59,000 |
| 2016 | $1,526 | $106,000 | $47,000 | $59,000 |
| 2015 | $1,526 | $106,000 | $47,000 | $59,000 |
| 2014 | $1,526 | $106,000 | $47,000 | $59,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Stout
-
Matt Wolf
Buyer's Agent in 2020
Matt Wolf
RE/MAX of Reading
(610) 587-3844
12 in this area
438 Total Sales
Map
Source: Bright MLS
MLS Number: PABK357194
APN: 79-4386-09-15-3861
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