Seller's Agent in 2024
Suzi Ford
Springer Realty Group
(484) 336-8677
38 Total Sales
422 Spring St Reading, PA 19601
Estimated Value: $209,000 - $294,000
5
Beds
1.5
Baths
2,340
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- Deck
- Straight Thru Architecture
- No HOA
- Traditional Floor Plan
- Bonus Room
- 4-minute walk to Centre Park
About This Home
As of October 2024Investor Alert: Prime Opportunity to Expand Your Portfolio! Unlock the potential of this tenant-filled, 3-story traditional Townhome nestled in the heart of Reading. Whether you're a seasoned investor or just starting out, this property offers a perfect blend of stability and promise, poised to deliver immediate rental income with room for value appreciation. Step onto a welcoming covered front porch through the door to the living room featuring exposed beams and plank flooring, illuminating the classic layout that flows seamlessly into a spacious dining room. The adjoining kitchen, complete with ample cabinetry and counter space. A conveniently located half bath rounds out the main level, adding practicality to charm. Ascend to the second floor where you'll discover three well-proportioned bedrooms, each offering a cozy retreat for tenants. The highlight of this floor is the versatile bonus room. The full bathroom features a refreshing shower, tile flooring and walls, catering to modern needs while maintaining timeless elegance. The third floor unveils two additional bedrooms, providing flexible living arrangements. The basement is not merely an afterthought. Here, functional meets convenience with a dedicated laundry area equipped with a washer and dryer. This lower level also offers potential for additional storage. Additional highlights are Tenant-Filled providing immediate rental income stream. Some minor cosmetic work is needed. Situated in a thriving Reading neighborhood, with close proximity to schools, parks, and shopping centers. Why Wait? This property is more than just a house—it's an investment in your future. With its blend of character, functionality, and income potential, this Townhome won't be on the market for long. Seize this opportunity to add a valuable asset to your portfolio today. The right property is waiting for the right investor—make sure you're the one to seize this golden opportunity! Tenant occupied, Please be respectful
Last Agent to Sell the Property
(484) 498-4000 suziford@cs.com Springer Realty Group License #RS228124L Listed on: 07/17/2024
Last Buyer's Agent
(484) 498-4000 suziford@cs.com Springer Realty Group License #RS228124L Listed on: 07/17/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,802
Year Built
- Built in 1915
Lot Details
- 1,742 Sq Ft Lot
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Straight Thru Architecture
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,340 Sq Ft Home
- Property has 3 Levels
- Traditional Floor Plan
- Beamed Ceilings
- Ceiling Fan
- Living Room
- Dining Room
- Bonus Room
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Home Security
Outdoor Features
- Deck
- Exterior Lighting
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 5623
- Assessor Parcel Number 14-5307-51-75-5623
Community Details
Overview
- No Home Owners Association
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Sep 6, 2024
Sold by
Torres Toribio and Torres Diana
Bought by
Almas Realty Management Inc
Seller's Agent
Suzi Ford
Springer Realty Group
Buyer's Agent
Suzi Ford
Springer Realty Group
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,133
Avg. Annual Appreciation
5.12%
Original Mortgage
$180,000
Outstanding Balance
$177,973
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$64,160
Purchase Details
Listed on
Aug 6, 2015
Closed on
Sep 30, 2015
Sold by
Kaucher Gail L
Bought by
Torres Toribio and Torres Diana
Seller's Agent
Thomas Degler
Keller Williams Elite
Buyer's Agent
Suzi Ford
Springer Realty Group
List Price
$52,000
Sold Price
$54,000
Premium/Discount to List
$2,000
3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%
Original Mortgage
$43,200
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Almas Realty Management Inc | $225,000 | Conestoga Title | |
| Torres Toribio | $54,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Almas Realty Management Inc | $180,000 | |
| Previous Owner | Torres Toribio | $43,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/03/2024 10/03/24 | Sold | $225,000 | -14.8% | $96 / Sq Ft | |
| 08/03/2024 08/03/24 | Pending | -- | -- | -- | |
| 07/17/2024 07/17/24 | Price Changed | $264,000 | +10.0% | $113 / Sq Ft | |
| 07/17/2024 07/17/24 | For Sale | $240,000 | +344.4% | $103 / Sq Ft | |
| 09/30/2015 09/30/15 | Sold | $54,000 | +3.8% | $23 / Sq Ft | View Prior Sale |
| 08/23/2015 08/23/15 | Pending | -- | -- | -- | |
| 08/06/2015 08/06/15 | For Sale | $52,000 | -- | $22 / Sq Ft |
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 | $1,740 | $64,100 | $9,600 | $54,500 |
| 2024 | $2,846 | $64,100 | $9,600 | $54,500 |
| 2023 | $2,802 | $64,100 | $9,600 | $54,500 |
| 2022 | $2,802 | $64,100 | $9,600 | $54,500 |
| 2021 | $2,802 | $64,100 | $9,600 | $54,500 |
| 2020 | $2,774 | $64,100 | $9,600 | $54,500 |
| 2019 | $2,774 | $64,100 | $9,600 | $54,500 |
| 2018 | $2,774 | $64,100 | $9,600 | $54,500 |
| 2017 | $2,756 | $64,100 | $9,600 | $54,500 |
| 2016 | $1,574 | $64,100 | $9,600 | $54,500 |
| 2015 | $1,574 | $64,100 | $9,600 | $54,500 |
| 2014 | $1,449 | $64,100 | $9,600 | $54,500 |
Source: Public Records
Agents Affiliated with this Home
-
Suzi Ford
-
T
Seller's Agent in 2015
Thomas Degler
Keller Williams Elite
Map
Source: Bright MLS
MLS Number: PABK2044784
APN: 14-5307-51-75-5623
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