$139,900
SOLD DEC 3, 2012

427 S 5th Ave Reading, PA 19611

-- Bed
-- Bath
1,484 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

Highlights

  • 0.1 Acre Lot
  • Wood Flooring
  • Security Gate
  • West Reading Elementary Center Rated A-
  • No HOA
  • 3-minute walk to West Reading Park

About This Home

As of December 2012

Extremely well cared for West Reading 2 unit across from the Reading Hospital. Brand new roof, newer oil forced air heater, replacement windows throughout, 3 electric services and 2 water heaters. Tenants pay electric, phone and cable. 2 private off street parking spaces. Common foyer, 2 individual entrances to basement laundry. Washers and dryers remain. Covered front porch, completely up to West Reading Borough Codes. This is an awesome opportunity. Close to everything!

Last Agent to Sell the Property

Liz Egner

(610) 656-9426 legner@goberkscounty.com RE/MAX Of Reading License #AB062436L Listed on: 09/28/2012

RE/MAX Of Reading

Co-Listed By

Dave Decembrino

(610) 656-9427 ddecembrino@goberkscounty.com RE/MAX Of Reading License #RS223349L

Last Buyer's Agent

Michele McCartney

(610) 587-1913 michelemccartney@kw.com Keller Williams Platinum Realty - Wyomissing License #RS166910L

Keller Williams Platinum Realty - Wyomissing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,484 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Window Treatments
  • Security Gate

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • 2 Open Parking Spaces
  • Private Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Wyomissing Area Junior-Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $4,649

Listing and Financial Details

  • Tax Lot 4011
  • Assessor Parcel Number 93-5306-05-28-4011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: 1 Lawn Mower ( Included)
  • Inclusions: 3 Wind. A/C'S, 2 Ref's., 2washer,2dryers,Wind.Treatments, (Blinds)
  • New Construction: No
  • Storage: Basement
  • Year Built: 1926
  • Remarks Public: Extremely well cared for West Reading 2 unit across from the Reading Hospital. Brand new roof, newer oil forced air heater, replacement windows throughout, 3 electric services and 2 water heaters. Tenants pay electric, phone and cable. 2 private off street parking spaces. Common foyer, 2 individual entrances to basement laundry. Washers and dryers remain. Covered front porch, completely up to West Reading Borough Codes. This is an awesome opportunity. Close to everything!
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Washer In Unit, Dryer In Unit, Hookup, Has Laundry
  • Total Sq Ft: 1484
  • Living Area Sq Ft: 1484
  • Price Per Sq Ft: 94.27
  • Above Grade Finished Sq Ft: 1484
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Private

Utilities

  • Annual Heating Expense: 2400.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WYOMISSING AREA
  • High School: WYOMISSING AREA JUNIOR-SENIOR
  • School District Key: 300200397308
  • High School: WYOMISSING AREA JUNIOR-SENIOR

Lot Info

  • Improvement Assessed Value: 37900.00
  • Land Assessed Value: 14900.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 16800.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1587449
  • Tax Annual Amount: 2249.00
  • Assessor Parcel Number: 93-5306-05-28-4011
  • Tax Lot: 4011
  • Tax Year: 2012
  • Close Date: 12/03/2012

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Dec 3, 2012
Sold by
Freeman Terrie A and Taylor Terrie A
Bought by
Mccarty Tyler D
Seller's Agent
Liz Egner
RE/MAX Of Reading
Buyer's Agent
Michele McCartney
Keller Williams Platinum Realty - Wyomissing
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$297,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,150
Avg. Annual Appreciation
6.14%
Original Mortgage
$136,482
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2008
Sold by
Pleitner James E and Pleitner Florence E
Bought by
Freeman Terrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,130
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2006
Sold by
Devlin Edward F
Bought by
Pleitner James E and Pleitner Florence E
Source: Public Records

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 Type Sale Price Title Company
Deed $139,000 None Available
Deed $121,000 None Available
Interfamily Deed Transfer $55,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,482 FHA
Previous Owner $119,130 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Rented $1,000 +2.6% --
09/14/2021 09/14/21 Off Market $975 -- --
09/13/2021 09/13/21 For Rent $975 0.0% --
12/03/2012 12/03/12 Sold $139,900 0.0% $94 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $139,900 -- $94 / 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 $1,194 $52,800 $14,900 $37,900
2024 $2,918 $52,800 $14,900 $37,900
2023 $1,937 $52,800 $14,900 $37,900
2022 $2,709 $52,800 $14,900 $37,900
2021 $2,662 $52,800 $14,900 $37,900
2020 $2,584 $52,800 $14,900 $37,900
2019 $2,530 $52,800 $14,900 $37,900
2018 $2,459 $52,800 $14,900 $37,900
2017 $2,404 $52,800 $14,900 $37,900
2016 $775 $52,800 $14,900 $37,900
2015 $775 $52,800 $14,900 $37,900
2014 $749 $52,800 $14,900 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004113716

Bright MLS

APN: 93-5306-05-28-4011