NOT LISTED FOR SALE

4975 Kutztown Rd Temple, PA 19560

Studio
-- Bath
12,197 Sq Ft
0.28 Acres

Last Sold September 18, 2020

Last sale price $465,000 $38 Per Sq Ft

75 Days on Market

Highlights

  • 0.28 Acre Lot
  • No HOA
  • Heating System Uses Oil
  • Transitional Architecture

About This Home

As of September 2020

Are you looking to build or expand your portfolio of investment properties? Please come check out this historic 6 unit building, located outside of the City Of Reading, in Temple, Muhlenburg School District. This building features 5 tenant occupied residential units and 1 vacant store front commercial space, formerly used as a flower shop. Rents are on the lower side for the area and can easily be raised to increase cash flow. The sale of this property also comes with the lot / parcel via address 4973 Kutztown Rd Temple PA. This is 6 of 11 total units that can also be purchased within a package deal at a discounted price. Here are the addresses of the Additional 5 units: 910, 914 and 918 Mount Laurel Avenue Temple PA. All located on one street via Kutztown Rd and Mount Laurel Avenue. Please reach out for more details. Bring all offers!Showings are to be requested only between 2pm to 4pm daily - 48 Hour Notice.

Last Agent to Sell the Property

Jimmy Thelusca

(610) 985-7700 crstringer@msn.com Pagoda Realty License #RS333622 Listed on: 02/06/2020

Pagoda Realty

Last Buyer's Agent

Jimmy Thelusca

(610) 985-7700 crstringer@msn.com Pagoda Realty License #RS333622 Listed on: 02/06/2020

Pagoda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot

Home Design

  • 12,197 Sq Ft Home
  • Transitional Architecture
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Heating System Uses Oil
  • 200+ Amp Service
  • Public Septic

Community Details

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 4757
  • Assessor Parcel Number 66-5309-08-97-4757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,291

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 12197
  • Living Area Sq Ft: 12197
  • Price Per Sq Ft: 24.60
  • Above Grade Finished Sq Ft: 12197
  • 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, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Oil
  • Heating: Yes
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: COMM/MIX

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4456.00
  • Tax Annual Amount: 6291.00
  • Assessor Parcel Number: 66-5309-08-97-4757
  • Tax Lot: 4757
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: MUHLENBERG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Aug 11, 2020
Sold by
Rivera Felix and Rivera Benigna
Bought by
Alba Mgmt Llc
Seller's Agent
Jimmy Thelusca
Pagoda Realty
Buyer's Agent
Jimmy Thelusca
Pagoda Realty
List Price
$300,000
Sold Price
$465,000
Premium/Discount to List
$165,000
55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Outstanding Balance
$306,060
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 26, 2007
Sold by
Rivera Felix and Rivera Benigna
Bought by
Rivera Felix and Rivera Benigna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.33%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Alba Mgmt Llc $465,000 Sentry Abstract Company
Rivera Felix -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alba Mgmt Llc $348,750
Previous Owner Rivera Felix $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $465,000 +55.0% $38 / Sq Ft
04/23/2020 04/23/20 For Sale $300,000 0.0% $25 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
03/09/2020 03/09/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $300,000 -- $25 / Sq Ft
Source: Bright MLS

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 $2,177 $145,000 $61,800 $83,200
2024 $6,981 $145,000 $61,800 $83,200
2023 $6,552 $145,000 $61,800 $83,200
2022 $6,443 $145,000 $61,800 $83,200
2021 $6,291 $145,000 $61,800 $83,200
2020 $6,291 $145,000 $61,800 $83,200
2019 $6,158 $145,000 $61,800 $83,200
2018 $6,049 $145,000 $61,800 $83,200
2017 $5,935 $145,000 $61,800 $83,200
2016 $1,758 $145,000 $61,800 $83,200
2015 $1,758 $145,000 $61,800 $83,200
2014 $1,758 $145,000 $61,800 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK353948

Bright MLS

APN: 66-5309-08-97-4757