NOT LISTED FOR SALE

Estimated Value: $193,000 - $229,000

3 Beds
2 Baths
1,232 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $89,000 $72 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,189/month

51 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2017

Brick 2-story twin on a nice street in Muhlenberg School District. This 3 bedroom home has a great layout with a large living room open to the dining room, and a big eat-in kitchen. It has original wood floors throughout, nice neutral colors, a large master, a full unfinished basement with a walkout, and a covered patio. The garage in the back of the property has been converted into a 1-bedroom apartment with a separate storage area below. This is a great investment for a first time buyer, who can live in the front and rent out the back, or vice versa. This is also a great buy for the investor, with the main house previously rented for $845 per month and the back apt renting at $480. There is also the possiblity of additional storage income available, or possibly an additional apartment, but buyer should verify that possiblity with the township. Come and see this property today, it won't last long at this price. The Muhlenberg municipal certification for rental properties is complete and good until April 2018. Appliances stay, except the window air conditioners which belong to the tenants.

Last Agent to Sell the Property

Loretta Leibert

BHHS Homesale Realty- Reading Berks License #AB067626 Listed on: 12/07/2016

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Jeroen Harmsen

RE/MAX Of Reading License #RS312678

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1081
  • Assessor Parcel Number 66-5308-12-85-1081

Townhouse Details

Home Type

Townhome

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Brick 2-story twin on a nice street in Muhlenberg School District. This 3 bedroom home has a great layout with a large living room open to the dining room, and a big eat-in kitchen. It has original wood floors throughout, nice neutral colors, a large master, a full unfinished basement with a walkout, and a covered patio. The garage in the back of the property has been converted into a 1-bedroom apartment with a separate storage area below. This is a great investment for a first time buyer, who can live in the front and rent out the back, or vice versa. This is also a great buy for the investor, with the main house previously rented for $845 per month and the back apt renting at $480. There is also the possiblity of additional storage income available, or possibly an additional apartment, but buyer should verify that possiblity with the township. Come and see this property today, it won't last long at this price. The Muhlenberg municipal certification for rental properties is complete and good until April 2018. Appliances stay, except the window air conditioners which belong to the tenants.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Net Sq Ft: 1232.00
  • Price Per Sq Ft: 81.09
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 419

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Oil, Gas, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MUHLENBERG
  • School District Key: 300200397508

Lot Info

  • Land Use Code: 161
  • Lot Size Acres: 0.07
  • Lot Dimensions: SEE TAX MAP
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2837.00
  • Assessor Parcel Number: 66-5308-12-85-1081
  • Tax Lot: 1081
  • Tax Year: 2017
  • Close Date: 03/06/2017

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 28, 2017
Sold by
Wentz Louis J and Wentz Carol O
Bought by
Porsche Timothy D
Seller's Agent
Loretta Leibert
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Jeroen Harmsen
RE/MAX Of Reading
List Price
$99,900
Sold Price
$89,000
Premium/Discount to List
-$10,900
-10.91%
Current Estimated Value
$201,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,418
Avg. Annual Appreciation
10.20%
Original Mortgage
$75,650
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Flynn Timothy G
Bought by
Wentz Louis J and Wentz Carol O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Porsche Timothy D $89,000 None Available
Wentz Louis J $96,751 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porsche Tim $65,000
Closed Porsche Timothy D $75,650
Previous Owner Wentz Louis J $25,000
Previous Owner Wentz Louis J $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $89,000 -10.9% $72 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
12/23/2016 12/23/16 For Sale $99,900 +12.2% $81 / Sq Ft
12/10/2016 12/10/16 Off Market $89,000 -- --
12/07/2016 12/07/16 For Sale $99,900 -- $81 / 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 $1,040 $69,300 $23,800 $45,500
2024 $3,336 $69,300 $23,800 $45,500
2023 $3,131 $69,300 $23,800 $45,500
2022 $3,079 $69,300 $23,800 $45,500
2021 $3,007 $69,300 $23,800 $45,500
2020 $3,007 $69,300 $23,800 $45,500
2019 $2,943 $69,300 $23,800 $45,500
2018 $2,891 $69,300 $23,800 $45,500
2017 $2,837 $69,300 $23,800 $45,500
2016 $840 $69,300 $23,800 $45,500
2015 $840 $69,300 $23,800 $45,500
2014 $840 $69,300 $23,800 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003331205

Bright MLS

APN: 66-5308-12-85-1081