NOT LISTED FOR SALE

Estimated Value: $270,942

-- Bed
-- Bath
-- Sq Ft
1,306 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $184,000

Est. 47% increase in value since last sale

Current estimated payment $1,515/month

3 Days on Market

About This Home

As of March 2022

This investment opportunity is an amazing chance to own a multi family home! Conveniently located near City Park, bus route, businesses and government offices! Spacious units with high ceilings! Currently tenant occupied, owner pays for water, sewer, trash and gas heat. Tenants pay for electric. Please allow 24 notice for showings.

Last Agent to Sell the Property

Susan McFadden

(484) 364-1106 susan@teammcfadden.com Keller Williams Platinum Realty - Wyomissing License #RS297203 Listed on: 02/05/2022

Keller Williams Platinum Realty - Wyomissing

Co-Listed By

Zylkia Rivera

(484) 769-5873 zrivera@teamriverarealtors.com Keller Williams Platinum Realty - Wyomissing License #RS337559

Last Buyer's Agent

Mark Crystal

(610) 413-7376 crystalrealestate@outlook.com Sands & Company Real Estate License #RS338130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1900

Lot Details

  • 1,306

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Permanent Foundation

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,306 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for gas, heat, insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 0734
  • Assessor Parcel Number 08-5317-77-10-0734

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1900

Lot Details

0

Listing Details

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

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 32600.00
  • Land Assessed Value: 8800.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Zoning: R-3

Rental Info

  • Owner Pays: Gas, Heat, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 24900.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1446012
  • School Tax: 742.00
  • Tax Annual Amount: 1810.00
  • Assessor Parcel Number: 08-5317-77-10-0734
  • Tax Lot: 0734
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 29, 2022
Sold by
Cbl Investment Properties Llc
Bought by
Ramadani Adnan and Ramadani Mirlanda
Seller's Agent
Susan McFadden
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Mark Crystal
Sands & Company Real Estate
List Price
$189,900
Sold Price
$184,000
Premium/Discount to List
-$5,900
-3.11%
Current Estimated Value
$270,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,942
Avg. Annual Appreciation
11.03%
Original Mortgage
$138,000
Outstanding Balance
$129,124
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$141,818

Purchase Details

Listed on
Jan 25, 2018
Closed on
Jun 14, 2018
Sold by
Reading Perlect Partners 1969 Llc
Bought by
Cbl Investment Properties Llc
Seller's Agent
Michael Stoltzfus
Coldwell Banker Realty
Buyer's Agent
Kerry Martin
Iron Valley Real Estate of Lancaster
List Price
$109,900
Sold Price
$97,014
Premium/Discount to List
-$12,886
-11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$357,375
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2015
Sold by
Gaffney James and Gaffney James F
Bought by
Reading Perfect Partners 1969 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Ashcroft Allen J and Schcroft Ethel A
Bought by
Gaffney James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.67%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Ramadani Adnan $184,000 Edge Abstract Independence
Cbl Investment Properties Llc $476,500 Title Services
Reading Perfect Partners 1969 Llc $450,000 None Available
Gaffney James F $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramadani Adnan $138,000
Previous Owner Cbl Investment Properties Llc $357,375
Previous Owner Reading Perfect Partners 1969 Llc $450,000
Previous Owner Gaffney James F $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $184,000 0.0% --
02/08/2022 02/08/22 Pending -- -- --
02/08/2022 02/08/22 Off Market $184,000 -- --
02/05/2022 02/05/22 For Sale $189,900 +95.7% --
06/15/2018 06/15/18 Sold $97,014 -11.7% -- View Prior Sale
05/24/2018 05/24/18 Price Changed $109,900 0.0% --
05/24/2018 05/24/18 For Sale $109,900 +13.3% --
04/27/2018 04/27/18 Sold $97,014 -11.7% -- View Prior Sale
04/26/2018 04/26/18 For Sale $109,900 0.0% --
02/21/2018 02/21/18 For Sale $109,900 0.0% --
02/21/2018 02/21/18 Pending -- -- --
02/21/2018 02/21/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $109,900 0.0% --
01/25/2018 01/25/18 For Sale $109,900 -- --
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 $1,124 $41,400 $8,800 $32,600
2024 $1,838 $41,400 $8,800 $32,600
2023 $1,810 $41,400 $8,800 $32,600
2022 $1,810 $41,400 $8,800 $32,600
2021 $1,810 $41,400 $8,800 $32,600
2020 $1,792 $41,400 $8,800 $32,600
2019 $1,792 $41,400 $8,800 $32,600
2018 $1,792 $41,400 $8,800 $32,600
2017 $1,780 $41,400 $8,800 $32,600
2016 $1,017 $41,400 $8,800 $32,600
2015 $1,017 $41,400 $8,800 $32,600
2014 $936 $41,400 $8,800 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2009782

Bright MLS

APN: 08-5317-77-10-0734