NOT LISTED FOR SALE
Studio
3 Baths
2,774 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: September 16, 2022

Last sale price $244,000 $88 Per Sq Ft

11 Days on Market

Highlights

  • City View
  • Cooling Available
  • Multiple Phone Lines
  • Wood Flooring
  • Hot Water Heating System
  • Property is in excellent condition

About This Home

As of September 2022

Institutional quality upgrades to this three unit property, everything is in perfect condition! Fully occupied, with tenants paying for their own utilities, Central AC/Electric heat pump. Property taxes will be reassessed as the current owner is the Reading Housing Authority and they did not have to pay taxes.

This will go fast, please call your agent, and take a look at this great property!

Last Agent to Sell the Property

Sean Moretti

(610) 743-3310 seanhmoretti@gmail.com Destination Realty LLC License #RM421788 Listed on: 08/22/2022

Last Buyer's Agent

Melinda O'Neill

(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Infill Lot
  • Historic Home
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,774 Sq Ft Home
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 6059
  • Assessor Parcel Number 07-5307-67-73-6059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,301

Year Built

Built in 1900

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Range Hood
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2774
  • Living Area Sq Ft: 2774
  • Price Per Sq Ft: 78.59
  • Above Grade Finished Sq Ft: 2774
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Spa: No
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Multiple Phone Lines, Phone Available, Sewer Available, Water Available
  • Water Previous Twelve Months: 3468.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Broadband, DSL

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: READING SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 54900.00
  • Land Assessed Value: 10200.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Zoning: R3
  • Zoning Description: high density residential, 3 units is a permitted use

Rental Info

  • Existing Lease Type: Double Net, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1444938
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2301.00
  • Assessor Parcel Number: 07-5307-67-73-6059
  • Tax Lot: 6059
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

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
Aug 22, 2022
Closed on
Sep 16, 2022
Sold by
Bought by
Seller's Agent
Sean Moretti
Destination Realty LLC
Buyer's Agent
Melinda O'Neill
Iron Valley Real Estate of Berks
List Price
$218,000
Sold Price
$244,000
Premium/Discount to List
$26,000
11.93%
Views
19

Purchase Details

Closed on
Oct 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2010
Sold by
Bought by

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2006
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
$103,900
Interest Rate
0.09%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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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
$244,000 --
$83,328 None Available
$65,000 None Available
$1,900 None Available
$129,900 None Available
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
Open $400,000
Previous Owner $103,900
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
09/16/2022 09/16/22 Sold $244,000 0.0% $88 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/31/2022 08/31/22 Off Market $244,000 -- --
08/22/2022 08/22/22 For Sale $218,000 -- $79 / Sq Ft
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 $1,838 $65,100 $10,200 $54,900
2025 $1,767 $65,100 $10,200 $54,900
2024 $2,891 $65,100 $10,200 $54,900
2023 $2,846 $65,100 $10,200 $54,900
2022 $2,846 $65,100 $10,200 $54,900
2021 $2,846 $65,100 $10,200 $54,900
2020 $2,817 $65,100 $10,200 $54,900
2019 $2,817 $65,100 $10,200 $54,900
2018 $2,817 $65,100 $10,200 $54,900
2017 $2,799 $65,100 $10,200 $54,900
2016 $1,599 $65,100 $10,200 $54,900
2015 $1,599 $65,100 $10,200 $54,900
2014 $1,471 $65,100 $10,200 $54,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2020512

Bright MLS

APN: 5307-67-73-6059

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