NOT LISTED FOR SALE

436 S 18th St Reading, PA 19606

18th and Cotton Neighborhood

Estimated Value: $211,000 - $238,000

-- Bed
3 Baths
2,680 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $187,000 $70 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,302/month

28 Days on Market

Highlights

  • Straight Thru Architecture
  • Forced Air Heating and Cooling System
  • 2-minute walk to Pendora Park

About This Home

As of August 2022

TURN KEY 2 UNIT with separate Gas and Electric! Each unit has its own natural gas forced air HVAC system with central air. Each unit also has separate electric. Making this a very simple multi-unit to own. Both units will be vacant. First-floor unit is 2 bedrooms, a large open concept living/dining/kitchen area, and access to the basement (currently). Second-floor unit has separate entrance and has 3 bedrooms and large living spaces as well. Rents where previously Unit1 $900, unit 2 $1,000.

Last Agent to Sell the Property

Jaime Perez

Keller Williams Platinum Realty - Wyomissing Listed on: 05/19/2022

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Ron Mummau

Berkshire Hathaway HomeServices Homesale Realty License #5014222

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1920

Lot Details

  • 1,306

Home Design

  • 2,680 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Concrete Perimeter Foundation
  • Stucco

Additional Features

  • 1,306 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for real estate taxes, trash collection, water, sewer, insurance
  • Tax Lot 9832
  • Assessor Parcel Number 16-5316-32-47-9832

Community Details

Overview

  • 2 Units
  • Rabbit Run Subdivision

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Gross Income $22,800
  • Net Operating Income $18,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,578

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-05-19
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: TURN KEY 2 UNIT with separate Gas and Electric! Each unit has its own natural gas forced air HVAC system with central air. Each unit also has separate electric. Making this a very simple multi-unit to own. Both units will be vacant. First-floor unit is 2 bedrooms, a large open concept living/dining/kitchen area, and access to the basement (currently). Second-floor unit has separate entrance and has 3 bedrooms and large living spaces as well. Rents where previously Unit1 $900, unit 2 $1,000.
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2680
  • Living Area Sq Ft: 2680
  • Price Per Sq Ft: 69.78
  • Above Grade Finished Sq Ft: 2680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 436

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22100.00
  • Land Assessed Value: 14000.00
  • Land Use Code: 115
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Taxes - Real Estate, Trash Collection, Water, Sewer, Insurance
  • Rent Control: No
  • Total Actual Rent: 22800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1459651
  • School Tax: 647.00
  • Tax Annual Amount: 1578.00
  • Assessor Parcel Number: 16-5316-32-47-9832
  • Tax Lot: 9832
  • Tax Total Finished Sq Ft: 2680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/02/2022

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 13, 2022
Sold by
Michelle Ragoo
Bought by
Stoltzfus Ivan K and Stoltzfus Elizabeth Ann
Seller's Agent
Jaime Perez
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Ron Mummau
Berkshire Hathaway HomeServices Homesale Realty
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%
Current Estimated Value
$220,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,868
Avg. Annual Appreciation
4.30%
Original Mortgage
$149,600
Outstanding Balance
$117,760
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$94,504

Purchase Details

Closed on
Feb 17, 2015
Sold by
Rodriguez Ismael
Bought by
Ragoo Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2010
Sold by
Rodriguez Maria
Bought by
Rodriguez Ismael

Purchase Details

Closed on
Oct 31, 2005
Sold by
Tri State Properties Inc and Povlow Irvin
Bought by
Rodriguez Maria

Purchase Details

Closed on
Jul 3, 2003
Sold by
Varady Mark and Varady Susan R
Bought by
Tri State Properties Inc and Povlow Irvin
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 Buyer Sale Price Title Company
Stoltzfus Ivan K $187,000 None Listed On Document
Ragoo Michelle $52,000 None Available
Rodriguez Ismael -- None Available
Rodriguez Maria $45,000 None Available
Tri State Properties Inc $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoltzfus Ivan K $149,600
Previous Owner Ragoo Michelle $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $187,000 0.0% $70 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/17/2022 06/17/22 Off Market $187,000 -- --
06/08/2022 06/08/22 Price Changed $187,000 -4.1% $70 / Sq Ft
05/19/2022 05/19/22 For Sale $195,000 0.0% $73 / Sq Ft
05/17/2022 05/17/22 Price Changed $195,000 +275.0% $73 / Sq Ft
06/22/2015 06/22/15 Sold $52,000 -34.9% $19 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
05/01/2014 05/01/14 For Sale $79,900 -- $30 / 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 $980 $36,100 $14,000 $22,100
2024 $1,603 $36,100 $14,000 $22,100
2023 $1,578 $36,100 $14,000 $22,100
2022 $1,578 $36,100 $14,000 $22,100
2021 $1,578 $36,100 $14,000 $22,100
2020 $1,562 $36,100 $14,000 $22,100
2019 $1,562 $36,100 $14,000 $22,100
2018 $1,562 $36,100 $14,000 $22,100
2017 $1,552 $36,100 $14,000 $22,100
2016 $887 $36,100 $14,000 $22,100
2015 $887 $36,100 $15,800 $20,300
2014 $816 $36,100 $15,800 $20,300
Source: Public Records

Agents Affiliated with this Home

  • Jaime Perez

    Seller's Agent in 2022

    Jaime Perez

    Keller Williams Platinum Realty - Wyomissing

    (610) 413-2255

    4 in this area

    82 Total Sales

    Section Image
  • Ron Mummau

    Buyer's Agent in 2022

    Ron Mummau

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 413-7555

    1 in this area

    106 Total Sales

    Section Image
  • Angelo Giannotti

    Seller's Agent in 2015

    Angelo Giannotti

    RE/MAX of Reading

    (610) 334-3431

    2 in this area

    241 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2015776

Bright MLS

APN: 16-5316-32-47-9832

Pennsylvania Berks County Reading 19606 18th and Cotton

436 S 18th St, Reading, PA

This home is located at 436 S 18th St, Reading, PA 19606 since 19 May 2022 and is currently estimated at $220,868, approximately $82 per square foot. This property was built in 1920. 436 S 18th St is a home located in Berks County with nearby schools including 16th & Haak Elementary School, Central Middle School, and Reading Senior High School.

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