NOT LISTED FOR SALE

427 Franklin St Reading, PA 19611

Estimated Value: $248,869 - $265,000

5 Beds
1.5 Baths
1,768 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $220,000 $124 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,569/month

3 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Parking Storage or Cabinetry
  • West Reading Elementary Center Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

New West Reading home on the market! Extremely well maintained 5 bed two bath home right in the heart of West Reading. Where our area gets amazing food and entertainment, just steps away! Off-street parking with your own detached garage. Walk in from the back to an extremely large kitchen perfect great for entertaining and making delicious dishes! The second floor holds 3 generous-sized rooms and one more level up holds two more rooms! This is a rare and perfect opportunity for a great home in the West Reading area and Wyomissing School District.

Last Listed By

Brandon Lesagonicz

Keller Williams Platinum Realty - Wyomissing License #RS338658 Listed on: 09/15/2022

Keller Williams Platinum Realty - Wyomissing

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1917

Lot Details

  • 1,742 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage

Home Design

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

Interior Spaces

  • 1,768 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • West Reading Subdivision

Listing and Financial Details

  • Tax Lot 5940
  • Assessor Parcel Number 93-5306-06-29-5940

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,883

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All appliances in as-is condition with no monetary value.Television in kitchen
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-09-15
  • Federal Flood Zone: No
  • Year Built: 1917
  • Automatically Close On Close Date: No
  • Remarks Public: New West Reading home on the market! Extremely well maintained 5 bed two bath home right in the heart of West Reading. Where our area gets amazing food and entertainment, just steps away! Off-street parking with your own detached garage. Walk in from the back to an extremely large kitchen perfect great for entertaining and making delicious dishes! The second floor holds 3 generous-sized rooms and one more level up holds two more rooms! This is a rare and perfect opportunity for a great home in the West Reading area and Wyomissing School District.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1768
  • Living Area Sq Ft: 1768
  • Price Per Sq Ft: 130.09
  • Above Grade Finished Sq Ft: 1768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Additional Storage Area, Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 59800.00
  • Land Assessed Value: 15900.00
  • Land Use Code: 163
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1587752
  • School Tax: 2464.00
  • Tax Annual Amount: 3883.00
  • Assessor Parcel Number: 93-5306-06-29-5940
  • Tax Lot: 5940
  • Tax Total Finished Sq Ft: 1768
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/18/2022

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 18, 2022
Sold by
Carabello Christopher J
Bought by
Becker Daniel
Seller's Agent
Brandon Lesagonicz
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Benjamin Mitten
RE/MAX Of Reading
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Total Days on Market
3
Views
15
Current Estimated Value
$255,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,967
Avg. Annual Appreciation
5.70%
Original Mortgage
$176,000
Outstanding Balance
$170,438
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$82,675

Purchase Details

Listed on
Aug 16, 2018
Closed on
Nov 16, 2018
Sold by
Gomez Arelis
Bought by
Carabello Christopher J
Seller's Agent
Scott Walley
RE/MAX Of Reading
Buyer's Agent
Ronald Samsel
United Real Estate Strive 212
List Price
$134,900
Sold Price
$138,000
Premium/Discount to List
$3,100
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$135,500
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2004
Sold by
Reinert Harold C and Reinert Akiko
Bought by
Gomez Arelis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

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
Becker Daniel $220,000 --
Carabello Christopher J $138,000 Edge Abstract
Gomez Arelis $80,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Daniel $176,000
Previous Owner Carabello Christopher J $135,500
Previous Owner Gomez Arelis $92,758
Previous Owner Gomez Arelis $10,000
Previous Owner Gomez Arelis $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $220,000 -4.3% $124 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $230,000 +66.7% $130 / Sq Ft
11/16/2018 11/16/18 Sold $138,000 -1.4% $78 / Sq Ft
10/05/2018 10/05/18 Price Changed $139,900 +3.7% $79 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $134,900 -2.2% $76 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/11/2018 09/11/18 Off Market $138,000 -- --
09/01/2018 09/01/18 Price Changed $134,900 -3.6% $76 / Sq Ft
08/16/2018 08/16/18 For Sale $139,900 -- $79 / 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 $1,712 $75,700 $15,900 $59,800
2024 $4,184 $75,700 $15,900 $59,800
2023 $2,777 $75,700 $15,900 $59,800
2022 $3,883 $75,700 $15,900 $59,800
2021 $3,816 $75,700 $15,900 $59,800
2020 $3,705 $75,700 $15,900 $59,800
2019 $3,628 $75,700 $15,900 $59,800
2018 $3,526 $75,700 $15,900 $59,800
2017 $3,447 $75,700 $15,900 $59,800
2016 $1,133 $75,700 $15,900 $59,800
2015 $1,111 $75,700 $15,900 $59,800
2014 $1,074 $75,700 $15,900 $59,800
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PABK2020904

Bright MLS

APN: 93-5306-06-29-5940