NOT LISTED FOR SALE

Estimated Value: $280,000 - $293,850

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $285,000

Est. 1% increase in value since last sale

Current estimated payment $1,630/month

67 Days on Market

About This Home

As of May 2024

Welcome to 400 W Greenwich! This 3 unit property is a great addition to any portfolio! It is already a profit generating property with two out of the three units already fully remodeled and long term tenants already in place. Unit A is a 2 bedroom currently rented at $1,100/month. Unit B is vacant. Unit C is a 1 bedroom currently rented at $800/month. All tenants are on a month to month lease. The two units that have already been remodeled have also been updated to electric heat so the tenant is responsible for their own heat. The last unit the owner pays for heat in this unit however with just a few updates this is a quick and easy fix. Other expenses included water, sewer, and trash. Contact us to schedule your private showing today!

Last Agent to Sell the Property

Jose Manzueta

JM Diamond Realty License #RM426115 Listed on: 02/05/2024

Co-Listed By

Lourdes Gonzalez-Nieves

JM Diamond Realty License #RS356829

Last Buyer's Agent

Jack Evans

Keller Williams Platinum Realty - Wyomissing License #RS273013

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Radiator
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for gas, sewer, water, trash collection
  • Tax Lot 8127
  • Assessor Parcel Number 15-5307-64-33-8127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: 3 refrigerators and 3 stoves
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 400 W Greenwich! This 3 unit property is a great addition to any portfolio! It is already a profit generating property with two out of the three units already fully remodeled and long term tenants already in place. Unit A is a 2 bedroom currently rented at $1,100/month. Unit B is vacant. Unit C is a 1 bedroom currently rented at $800/month. All tenants are on a month to month lease. The two units that have already been remodeled have also been updated to electric heat so the tenant is responsible for their own heat. The last unit the owner pays for heat in this unit however with just a few updates this is a quick and easy fix. Other expenses included water, sewer, and trash. Contact us to schedule your private showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 400

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water, Radiator, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 4124
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2023
  • Zoning: R3

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Gas, Sewer, Water, Trash Collection
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 527.00
  • Tax Annual Amount: 1285.00
  • Assessor Parcel Number: 15-5307-64-33-8127
  • Tax Lot: 8127
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/31/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
May 10, 2024
Sold by
Mccarthy Colin and Mccarthy Audrey
Bought by
E & Y Aguilar Properties Llc
Seller's Agent
Jose Manzueta
JM Diamond Realty
Buyer's Agent
Jack Evans
Keller Williams Platinum Realty - Wyomissing
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Views
35
Current Estimated Value
$286,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,925
Avg. Annual Appreciation
0.56%
Original Mortgage
$228,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2021
Closed on
Nov 16, 2021
Sold by
Felix Darline
Bought by
Mccarthy Colin and Mccarthy Audrey
Seller's Agent
JOSE VAZQUEZ
Light House Realtors, LLC
Buyer's Agent
Lourdes Gonzalez-Nieves
JM Diamond Realty
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.75%
Original Mortgage
$112,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Christiana Bank & Trust Company
Bought by
Aspervil Marie Jacqueline

Purchase Details

Closed on
May 12, 2004
Sold by
Birdsey Gilbert
Bought by
Christina Bank & Trust Co
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
E & Y Aguilar Properties Llc $285,000 Stewart Title
Mccarthy Colin $150,000 Stewart Abstract
Aspervil Marie Jacqueline $20,000 None Available
Christina Bank & Trust Co $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner E & Y Aguilar Properties Llc $228,000
Previous Owner Mccarthy Colin $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $285,000 -4.7% --
04/17/2024 04/17/24 Off Market $299,000 -- --
04/12/2024 04/12/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $299,000 +99.3% --
11/16/2021 11/16/21 Sold $150,000 -9.0% --
08/18/2021 08/18/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $164,900 -- --
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 $798 $29,400 $10,000 $19,400
2024 $1,305 $29,400 $10,000 $19,400
2023 $1,285 $29,400 $10,000 $19,400
2022 $1,285 $29,400 $10,000 $19,400
2021 $1,285 $29,400 $10,000 $19,400
2020 $1,272 $29,400 $10,000 $19,400
2019 $1,272 $29,400 $10,000 $19,400
2018 $1,272 $29,400 $10,000 $19,400
2017 $1,264 $29,400 $10,000 $19,400
2016 $722 $29,400 $10,000 $19,400
2015 $722 $29,400 $10,000 $19,400
2014 $664 $29,400 $10,000 $19,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2039358

Bright MLS

APN: 15-5307-64-33-8127