NOT LISTED FOR SALE

430 Walnut St Reading, PA 19601

Downtown Reading Neighborhood

Estimated Value: $248,247

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

Sale Details

Date Sold: September 16, 2016

Last sale price $79,900

Est. 211% increase in value since last sale

Current estimated payment $1,492 / mo

38 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Replacement Windows
  • No HOA

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

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #AB065030 Listed on: 07/15/2016

RE/MAX Of Reading

Last Buyer's Agent

JOSE L. GUZMAN

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS329241

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

  • 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

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1471.00
  • Year Built: 1900
  • 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

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

  • 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

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 9, 2016
Sold by
Bought by
Seller's Agent
Denise Commings
RE/MAX Of Reading
Buyer's Agent
JOSE L. GUZMAN
Realty One Group Alliance
List Price
$99,900
Sold Price
$79,900
Premium/Discount to List
-$20,000
-20.02%
Current Estimated Value
$248,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,347
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Bought by

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
0.0659%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$79,900 Stewart Abstract
$158,000 None Available
-- Conestoga Title Insurance
$85,000 Conestoga Title Insurance Co
$40,000 Conestoga Title Insurance Co
$70,000 Conestoga Title
$2,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,086 $73,900 $15,200 $58,700
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

    127 Total Sales

    Denise Commings
    Section Image
  • JOSE L. GUZMAN

    Buyer's Agent in 2016

    JOSE L. GUZMAN

    Realty One Group Alliance

    (610) 484-8663

    30 Total Sales

    JOSE L. GUZMAN
    Section Image
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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

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