NOT LISTED FOR SALE

503 Franklin St West Reading, PA 19611

Estimated Value: $310,000 - $502,000

-- Bed
6 Baths
2,448 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $130,000 $53 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,382/month

Highlights

  • 0.11 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • West Reading Elementary Center Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil

About This Home

As of September 2017

Multi Unit

Last Agent to Sell the Property

Graziellina Kerber

RE/MAX Of Reading License #RS303086 Listed on: 08/24/2017

RE/MAX Of Reading

Last Buyer's Agent

Ronald Samsel

United Real Estate Strive 212 License #RS202136L

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,448 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Wyomissing Area Junior-Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,950

Listing and Financial Details

  • Tax Lot 2955
  • Assessor Parcel Number 93-5306-05-29-2955

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: 5 Stoves, 5 Ref's.
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Multi Unit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2448
  • Living Area Sq Ft: 2448
  • Price Per Sq Ft: 53.10
  • Above Grade Finished Sq Ft: 2448
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Sidewalks
  • 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
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Natural Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: WYOMISSING AREA
  • High School: WYOMISSING AREA JUNIOR-SENIOR
  • School District Key: 300200397308
  • High School: WYOMISSING AREA JUNIOR-SENIOR

Lot Info

  • Improvement Assessed Value: 86900.00
  • Land Assessed Value: 21800.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

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

Tax Info

  • Assessor Parcel Number: 1587509
  • Tax Annual Amount: 4950.00
  • Assessor Parcel Number: 93-5306-05-29-2955
  • Tax Lot: 2955
  • Tax Year: 2017
  • Close Date: 09/29/2017

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Alb Apartments Llc
Bought by
Rumi Properties Llc
Total Days on Market
0
Current Estimated Value
$389,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$34,963
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$357,141

Purchase Details

Listed on
Aug 24, 2017
Closed on
Sep 29, 2017
Sold by
Cerniglia Santina E and Cerniglia Santino E
Bought by
Alb Apartments Llc
Seller's Agent
Graziellina Kerber
RE/MAX Of Reading
Buyer's Agent
Ronald Samsel
United Real Estate Strive 212
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Source: Public Records

Range of Values:

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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
Rumi Properties Llc $330,000 Edge Abstract
Alb Apartments Llc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rumi Properties Llc $247,000
Previous Owner Alb Apartments Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $130,000 0.0% $53 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $130,000 -- $53 / 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 $2,458 $108,700 $21,800 $86,900
2024 $6,008 $108,700 $21,800 $86,900
2023 $3,988 $108,700 $21,800 $86,900
2022 $5,576 $108,700 $21,800 $86,900
2021 $5,480 $108,700 $21,800 $86,900
2020 $5,320 $108,700 $21,800 $86,900
2019 $5,209 $108,700 $21,800 $86,900
2018 $5,063 $108,700 $21,800 $86,900
2017 $4,950 $108,700 $21,800 $86,900
2016 $1,595 $108,700 $21,800 $86,900
2015 $1,595 $108,700 $21,800 $86,900
2014 $1,542 $108,700 $21,800 $86,900
Source: Public Records

Agents Affiliated with this Home

  • Graziellina Kerber

    Seller's Agent in 2017

    Graziellina Kerber

    RE/MAX of Reading

    (484) 638-2907

    2 in this area

    80 Total Sales

    Graziellina Kerber
    Section Image
  • Ronald Samsel

    Buyer's Agent in 2017

    Ronald Samsel

    United Real Estate Strive 212

    (610) 763-1602

    2 in this area

    115 Total Sales

    Ronald Samsel
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000450055

Bright MLS

APN: 93-5306-05-29-2955

Pennsylvania Berks County West Reading 19611

503 Franklin St, West Reading, PA

This home is located at 503 Franklin St, West Reading, PA 19611 since 24 August 2017 and is currently estimated at $389,664, approximately $159 per square foot. This property was built in 1900. 503 Franklin St is a home located in Berks County with nearby schools including West Reading Elementary Center, Wyomissing Hills Elementary Center, and Wyomissing Area Junior-Senior High School.

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