NOT LISTED FOR SALE

430 Walnut St Reading, PA 19601

Downtown Reading Neighborhood

Estimated Value: $145,420

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $79,900

Est. 82% increase in value since last sale

Current estimated payment $935/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Replacement Windows
  • No HOA
  • Baseboard Heating

About This Home

As of September 2016

Attention Investors. Located just off of North 5th Street in the heart of Downtown Reading, this property has 4 residential units and one office. Tenants pay their own utilities. The income/expense numbers are for 2014. The last code inspection was done in 2012. Pleae call with questions. The sale is subject to third party approval.

Last Agent to Sell the Property

Denise Commings

(484) 955-1133 Denise@GoWithCommings.com RE/MAX Of Reading Listed on: 07/15/2016

RE/MAX Of Reading

Last Buyer's Agent

JOSE L. GUZMAN

(484) 450-8771 jguzman@ironvalleyberks.com Iron Valley Real Estate of Berks License #RS329241

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Schools

  • Reading Senior High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6267
  • Assessor Parcel Number 07-5307-75-71-6267

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $480
  • Insurance Expense $2,066
  • Maintenance Expense $1,500
  • Other Expense $1,471
  • Operating Expense $12,256

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1471.00
  • Year Built: 1900
  • Remarks Public: Attention Investors. Located just off of North 5th Street in the heart of Downtown Reading, this property has 4 residential units and one office. Tenants pay their own utilities. The income/expense numbers are for 2014. The last code inspection was done in 2012. Pleae call with questions. The sale is subject to third party approval.
  • Special Features: 4108
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 430

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 480.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 3600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 58700.00
  • Land Assessed Value: 15200.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 32100.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1445060
  • Tax Annual Amount: 3177.00
  • Assessor Parcel Number: 07-5307-75-71-6267
  • Tax Lot: 6267
  • Tax Year: 2016
  • Close Date: 09/16/2016

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 9, 2016
Sold by
Pena Doris and Pena Eloisa
Bought by
Gomez Velandia Wilson
Seller's Agent
Denise Commings
RE/MAX Of Reading
Buyer's Agent
JOSE L. GUZMAN
Iron Valley Real Estate of Berks
List Price
$99,900
Sold Price
$79,900
Premium/Discount to List
-$20,000
-20.02%
Current Estimated Value
$145,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,520
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Burgos Dayanara I and Hernandez Raymond
Bought by
Pena Doris and Pena Eloisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Hernandez Raymond
Bought by
Hernandez Raymond and Burgos Dayanara I

Purchase Details

Closed on
Nov 2, 2005
Sold by
Pepen Celio and Pepen Dulce
Bought by
Hernandez Raymond

Purchase Details

Closed on
Mar 1, 2005
Sold by
Peta Giampiero
Bought by
Pepen Celio and Pepen Dulce

Purchase Details

Closed on
Aug 15, 2003
Sold by
Universal Mortgage Corp
Bought by
Leesport Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gomez Velandia Wilson $79,900 Stewart Abstract
Pena Doris $158,000 None Available
Hernandez Raymond -- Conestoga Title Insurance
Hernandez Raymond $85,000 Conestoga Title Insurance Co
Pepen Celio $70,000 Conestoga Title
Peta Giampiero $40,000 Conestoga Title Insurance Co
Leesport Bank $2,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Doris $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $79,900 -20.0% --
08/22/2016 08/22/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $99,900 -- --
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 $2,006 $73,900 $15,200 $58,700
2024 $3,281 $73,900 $15,200 $58,700
2023 $3,231 $73,900 $15,200 $58,700
2022 $3,231 $73,900 $15,200 $58,700
2021 $3,231 $73,900 $15,200 $58,700
2020 $3,198 $73,900 $15,200 $58,700
2019 $3,198 $73,900 $15,200 $58,700
2018 $3,198 $73,900 $15,200 $58,700
2017 $3,177 $73,900 $15,200 $58,700
2016 $1,815 $73,900 $15,200 $58,700
2015 $1,815 $73,900 $15,200 $58,700
2014 $1,670 $73,900 $15,200 $58,700
Source: Public Records

Agents Affiliated with this Home

  • Denise Commings

    Seller's Agent in 2016

    Denise Commings

    RE/MAX of Reading

    (484) 955-1133

    147 Total Sales

    Denise Commings
    Section Image
  • JOSE L. GUZMAN

    Buyer's Agent in 2016

    JOSE L. GUZMAN

    Iron Valley Real Estate of Berks

    (484) 450-8771

    30 Total Sales

    JOSE L. GUZMAN
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003896253

Bright MLS

APN: 07-5307-75-71-6267

Pennsylvania Berks County Reading 19601 Downtown Reading

430 Walnut St, Reading, PA

This home is located at 430 Walnut St, Reading, PA 19601 since 15 July 2016 and is currently estimated at $145,420. This property was built in 1900. 430 Walnut St is a home located in Berks County with nearby schools including Lauer's Park Elementary School, Southwest Middle School, and Reading Senior High School.

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