NOT LISTED FOR SALE

4008 Penn Ave Sinking Spring, PA 19608

Estimated Value: $241,000 - $423,000

-- Bed
-- Bath
3,050 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $260,000 $85 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,245/month

254 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Wilson High School Rated A-
  • 3 Car Detached Garage
  • Parking Storage or Cabinetry

About This Home

As of January 2018

Former office space zoned Mixed Res/Comm could be converted to a 4 unit apartment. All rents are projections and modifications would need to be done to convert to proper living quarters. 1st floor is set up as a Semi with separate entrances to each unit. 2nd floor has a separate entrance on the side. Detached 3 car garage has living space above it with a separate entrance as well. You really must see it to see the potential of converting to a 4 unit apartment. Call listor for more details.

Last Agent to Sell the Property

Randy Skokowski

RE/MAX Of Reading License #RS-206630-L Listed on: 03/13/2017

RE/MAX Of Reading

Last Buyer's Agent

Randy Skokowski

RE/MAX Of Reading License #RS-206630-L Listed on: 03/13/2017

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1905

Lot Details

  • 0.45 Acre Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 8 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Lot

Home Design

  • Brick Exterior Construction

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Wilson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $6,369

Listing and Financial Details

  • Tax Lot 9764
  • Assessor Parcel Number 79-4386-09-05-9764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,369

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1905
  • Remarks Public: Former office space zoned Mixed Res/Comm could be converted to a 4 unit apartment. All rents are projections and modifications would need to be done to convert to proper living quarters. 1st floor is set up as a Semi with separate entrances to each unit. 2nd floor has a separate entrance on the side. Detached 3 car garage has living space above it with a separate entrance as well. You really must see it to see the potential of converting to a 4 unit apartment. Call listor for more details.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Store/Office
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Street Number Modifier: 4008

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 8
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Parking Lot, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Electric, Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WILSON
  • High School: WILSON
  • School District Key: 300200397305
  • High School: WILSON

Lot Info

  • Improvement Assessed Value: 51900.00
  • Land Assessed Value: 106100.00
  • Lot Size Acres: 0.45
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Property Condition: Good
  • Zoning: R/C-M

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 36000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 2

Tax Info

  • Assessor Parcel Number: 1566346
  • Tax Annual Amount: 6369.00
  • Assessor Parcel Number: 79-4386-09-05-9764
  • Tax Lot: 9764
  • Tax Year: 2017
  • Close Date: 01/12/2018

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jan 12, 2018
Sold by
Hafer Denis G
Bought by
Sbsb Enterprises Llc
Seller's Agent
Randy Skokowski
RE/MAX Of Reading
Buyer's Agent
Randy Skokowski
RE/MAX Of Reading
List Price
$319,900
Sold Price
$260,000
Premium/Discount to List
-$59,900
-18.72%
Total Days on Market
254
Current Estimated Value
$356,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,832
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Hafer Denis G and Hafer Susan L
Bought by
Hafer Denis G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.49%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Sbsb Enterprises Llc $260,000 --
Hafer Denis G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keepsake Homes Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $260,000 0.0% $85 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/21/2017 11/21/17 Off Market $260,000 -- --
08/22/2017 08/22/17 Price Changed $289,000 -3.6% $95 / Sq Ft
05/30/2017 05/30/17 Price Changed $299,900 -6.3% $98 / Sq Ft
03/13/2017 03/13/17 For Sale $319,900 -- $105 / 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 $3,010 $169,000 $99,500 $69,500
2024 $7,881 $169,000 $99,500 $69,500
2023 $7,624 $169,000 $99,500 $69,500
2022 $7,433 $169,000 $99,500 $69,500
2021 $7,147 $169,000 $99,500 $69,500
2020 $7,147 $169,000 $99,500 $69,500
2019 $7,038 $169,000 $99,500 $69,500
2018 $6,468 $158,000 $106,100 $51,900
2017 $6,369 $158,000 $106,100 $51,900
2016 $2,275 $158,000 $106,100 $51,900
2015 $2,275 $158,000 $106,100 $51,900
2014 $2,275 $158,000 $106,100 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000254857

Bright MLS

APN: 79-4386-09-05-9764