Seller's Agent in 2020
Daniel Walley
RE/MAX of Reading
(610) 685-3506
6 in this area
110 Total Sales
4236 Penn Ave Reading, PA 19608
Estimated Value: $223,200 - $356,000
Studio
3
Baths
1,420
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- No HOA
- Property is in very good condition
- Wilson West Middle School Rated 9+
- Hot Water Heating System
- 4-minute walk to Sinking Spring Playground
About This Home
As of December 2020Calling all investors! This property features two separate buildings on a corner lot. The Semi Detached (main building) has a unit downstairs, and another separate upstairs. The garage was converted into a carriage house making it the third unit, that has it's own mechanicals. All three units have long-term tenants! Do not miss out on this great opportunity!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS346203 Listed on: 10/09/2020
Co-Listed By
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS135400A
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,176
Year Built
- Built in 1924
Lot Details
- 4,356 Sq Ft Lot
- Property is in very good condition
Parking
- Off-Street Parking
Home Design
- Triplex
- Side-by-Side
- Brick Exterior Construction
Interior Spaces
- 1,420 Sq Ft Home
- 1 Fireplace
- Basement Fills Entire Space Under The House
Accessible Home Design
- Grab Bars
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 6046
- Assessor Parcel Number 79-4376-12-96-6046
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Net Operating Income $17,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2020
Closed on
Dec 30, 2020
Sold by
Mmcg Properties Llc
Bought by
Gpa Properties Limited Liability Company
Seller's Agent
Daniel Walley
RE/MAX Of Reading
Buyer's Agent
Phil Macaronis
RE/MAX Of Reading
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
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
$49,800
Avg. Annual Appreciation
3.96%
Original Mortgage
$140,000
Outstanding Balance
$124,862
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,938
Purchase Details
Listed on
Jul 7, 2016
Closed on
Nov 22, 2016
Sold by
Walls Donald C
Bought by
Mmcg Properties Llc
Seller's Agent
Eric Miller
RE/MAX Of Reading
Buyer's Agent
Greg Werner
RE/MAX Of Reading
List Price
$214,900
Sold Price
$168,000
Premium/Discount to List
-$46,900
-21.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$134,400
Interest Rate
3.47%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gpa Properties Limited Liability Company | $220,000 | Signature Abstract | |
| Mmcg Properties Llc | $168,000 | Signature Abstract |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gpa Properties Limited Liability Company | $140,000 | |
| Previous Owner | Mmcg Properties Llc | $134,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $220,000 | -4.3% | $155 / Sq Ft | |
| 12/18/2020 12/18/20 | Price Changed | $229,900 | +4.5% | $162 / Sq Ft | |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- | |
| 10/13/2020 10/13/20 | Off Market | $220,000 | -- | -- | |
| 10/09/2020 10/09/20 | For Sale | $229,900 | +36.8% | $162 / Sq Ft | |
| 11/22/2016 11/22/16 | Sold | $168,000 | -21.8% | $118 / Sq Ft | View Prior Sale |
| 10/07/2016 10/07/16 | Pending | -- | -- | -- | |
| 07/07/2016 07/07/16 | For Sale | $214,900 | -- | $151 / 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 | $1,337 | $75,100 | $27,000 | $48,100 |
| 2024 | $3,502 | $75,100 | $27,000 | $48,100 |
| 2023 | $3,388 | $75,100 | $27,000 | $48,100 |
| 2022 | $3,303 | $75,100 | $27,000 | $48,100 |
| 2021 | $3,176 | $75,100 | $27,000 | $48,100 |
| 2020 | $3,176 | $75,100 | $27,000 | $48,100 |
| 2019 | $3,128 | $75,100 | $27,000 | $48,100 |
| 2018 | $3,074 | $75,100 | $27,000 | $48,100 |
| 2017 | $3,027 | $75,100 | $27,000 | $48,100 |
| 2016 | $1,081 | $75,100 | $27,000 | $48,100 |
| 2015 | $1,081 | $75,100 | $27,000 | $48,100 |
| 2014 | $1,081 | $75,100 | $27,000 | $48,100 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Walley
-
Scott Walley
Seller Co-Listing Agent in 2020
Scott Walley
RE/MAX of Reading
(610) 223-3944
5 in this area
111 Total Sales
-
Phil Macaronis
Buyer's Agent in 2020
Phil Macaronis
RE/MAX of Reading
(610) 858-4555
3 in this area
120 Total Sales
-
Eric Miller
Seller's Agent in 2016
Eric Miller
RE/MAX of Reading
(610) 685-3103
3 in this area
222 Total Sales
-
Greg Werner
Buyer's Agent in 2016
Greg Werner
RE/MAX of Reading
(610) 781-9055
37 Total Sales
Map
Source: Bright MLS
MLS Number: PABK365216
APN: 79-4376-12-96-6046
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