NOT LISTED FOR SALE

4046 Penn Ave Reading, PA 19608

Sinking Spring Area

Estimated Value: $353,000 - $397,000

Studio
-- Baths
2,000 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2022

Last sale price $300,000 $150 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,176 / mo

34 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Baseboard Heater
  • 4-minute walk to Sinking Spring Playground
  • Wilson High School Rated A-

About This Home

As of September 2022

This conveniently located 4 unit apartment has much wanted off street tenant parking for 5 cars in the rear of the property. All units are currently rented and there is a first floor coin operated laundry on the first floor front for the tenants. The square footage of the building is estimated as well as the age and is not guaranteed.

Last Agent to Sell the Property

Linda Strain

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS141501A Listed on: 06/28/2022

RE/MAX Of Reading

Last Buyer's Agent

Chris Kostzewa

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading

RE/MAX Of Reading

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,000 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Parking

  • 5 Parking Spaces
  • 5 Off-Street Spaces

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Net Operating Income $9,245

Listing and Financial Details

  • The owner pays for insurance, gas, water, trash collection, sewer
  • Tax Lot 5888
  • Assessor Parcel Number 79-4386-09-05-5888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,941

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Inclusions: All appliances and coin operated washer & dryer.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 149.95
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

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
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 5

Utilities

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 54200.00
  • Land Assessed Value: 35400.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Owner Pays: Insurance, Gas, Water, Trash Collection, Sewer
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1566305
  • School Tax: 2478.00
  • Tax Annual Amount: 3941.00
  • Assessor Parcel Number: 79-4386-09-05-5888
  • Tax Lot: 5888
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 30840.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: WILSON

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 1, 2022
Sold by
Hirneisen Neil K
Bought by
Seller's Agent
Linda Strain
RE/MAX Of Reading
Buyer's Agent
Chris Kostzewa
RE/MAX Of Reading
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Current Estimated Value
$367,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,679
Avg. Annual Appreciation
5.73%
Original Mortgage
$300,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2017
Sold by
Conway Lisa Hirneisen and Hirneisen Dean Y
Bought by
Hirneisen Kent A and Grace Hirneisen M

Purchase Details

Closed on
Oct 17, 2016
Sold by
Hirneisen Kent A
Bought by
Hirneisen Kent A

Purchase Details

Closed on
Nov 21, 1983
Bought by
Hirneisen Kent A and Hirneisen Grace M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Reading, PA

  • Howard Schaeffer Real Estate Agent - RE/MAX Real Estate-Allentown

    Howard Schaeffer

    RE/MAX Real Estate-Allentown

    (484) 742-3993

    263 Total Sales

    3 in Sinking Spring

    $338K - $615K Price Range

    Howard Schaeffer
     Section Image
  • Carly Schaffer Real Estate Agent - Keller Williams Platinum Realty - Wyomissing

    Carly Schaffer

    Keller Williams Platinum Realty - Wyomissing

    (610) 463-1363

    59 Total Sales

    1 in Sinking Spring

    $158,000 Price

    Carly Schaffer
     Section Image
  • Amanda Higginbotham Real Estate Agent - Keller Williams Platinum Realty - Wyomissing

    Amanda Higginbotham

    Keller Williams Platinum Realty - Wyomissing

    (610) 894-7379

    59 Total Sales

    1 in Sinking Spring

    $340,000 Price

    Amanda Higginbotham
     Section Image
  • Daniel Ortiz Real Estate Agent - Real of Pennsylvania

    Daniel Ortiz

    Real of Pennsylvania

    (717) 722-4290

    29 Total Sales

    1 in Sinking Spring

    $316,000 Price

    Daniel Ortiz
     Section Image
  • Cindy Borelli Real Estate Agent - Keller Williams Platinum Realty - Wyomissing

    Cindy Borelli

    Keller Williams Platinum Realty - Wyomissing

    (484) 878-4272

    57 Total Sales

    4 in Sinking Spring

    $210K - $350K Price Range

    Cindy Borelli
     Section Image
  • Shalani Colon Real Estate Agent - Realty One Group Alliance

    Shalani Colon

    Realty One Group Alliance

    (484) 878-5806

    57 Total Sales

    1 in Sinking Spring

    $340,000 Price

    Shalani Colon
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 --
Hirneisen Kent A -- --
Hirneisen Kent A -- Attorney
Hirneisen Kent A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $380,000
Closed Emvision Investments Llc $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $300,000 0.0% $150 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $299,900 -11.8% $150 / Sq Ft
07/14/2022 07/14/22 Price Changed $339,900 -9.4% $170 / Sq Ft
06/28/2022 06/28/22 For Sale $375,000 -- $188 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,647 $89,600 $35,400 $54,200
2025 $1,596 $89,600 $35,400 $54,200
2024 $4,178 $89,600 $35,400 $54,200
2023 $4,042 $89,600 $35,400 $54,200
2022 $3,941 $89,600 $35,400 $54,200
2021 $3,789 $89,600 $35,400 $54,200
2020 $3,789 $89,600 $35,400 $54,200
2019 $3,732 $89,600 $35,400 $54,200
2018 $3,668 $89,600 $35,400 $54,200
2017 $3,612 $89,600 $35,400 $54,200
2016 $1,290 $89,600 $35,400 $54,200
2015 $1,290 $89,600 $35,400 $54,200
2014 $1,290 $89,600 $35,400 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Linda Strain Real Estate Agent - RE/MAX of Reading

    Seller's Agent in 2022

    Linda Strain

    RE/MAX of Reading

    (610) 780-0033

    90 Total Sales

    Linda Strain
    Section Image
  • Chris Kostzewa Real Estate Agent - RE/MAX of Reading

    Buyer's Agent in 2022

    Chris Kostzewa

    RE/MAX of Reading

    (610) 823-7613

    24 Total Sales

    Chris Kostzewa
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2017858

Bright MLS

APN: 79-4386-09-05-5888

Pennsylvania Berks County Reading 19608

4046 Penn Ave, Reading, PA

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 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.