Seller's Agent in 2021
Krista Templin
EXP Realty, LLC
(610) 587-0582
47 Total Sales
512 Spring St Reading, PA 19601
Reading Area
Studio
4
Baths
3,242
Sq Ft
1,500
Sq Ft Lot
Highlights
- City View
- Corner Lot
- Multiple Balconies
- Traditional Architecture
- No HOA
- Brick Porch or Patio
About This Home
As of October 2021INVESTOR ALERT!!! Immaculate and fully renovated! There is nothing left to be done in this beautifully maintained 4-unit building on the edge of the Centre Park Historical District. New exterior paint just completed, replacement windows installed in 2012, new roof in 2018, new super efficient heater/hot water in 2013, new electric panels in 2017. All units fully renovated over the past several years. On-site coin operated Speed Queen washer and dryer provide additional income averaging $325/month. All this and a 10% CAP, section 8 approved.
Last Agent to Sell the Property
(888) 397-7352 pa.broker@exprealty.com EXP Realty, LLC License #RS353100 Listed on: 07/02/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,336
Year Built
- Built in 1880
Lot Details
- 1,500 Sq Ft Lot
- Lot Dimensions are 15.00 x 100.00
- Corner Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Rubber Roof
Interior Spaces
- 3,242 Sq Ft Home
- Replacement Windows
- Double Hung Windows
- City Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Range
- Range Hood
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Escape
Outdoor Features
- Multiple Balconies
- Brick Porch or Patio
- Rain Gutters
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- 200+ Amp Service
- Summer or Winter Changeover Switch For Hot Water
- Cable TV Available
Listing and Financial Details
- The owner pays for heat, insurance, sewer, real estate taxes, trash collection, water
- Tax Lot 0623
- Assessor Parcel Number 14-5307-51-85-0623
Community Details
Overview
- No Home Owners Association
- 4 Units
- 3-Story Building
Building Details
- Income includes apartment rentals, laundry
- Insurance Expense $1,632
- Trash Expense $815
- Operating Expense $10,624
- Gross Income $38,400
- Net Operating Income $31,676
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
Jul 2, 2021
Closed on
Oct 25, 2021
Sold by
Bought by
Seller's Agent
Krista Templin
EXP Realty, LLC
Buyer's Agent
Angelo Giannotti
RE/MAX Of Reading
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$207,387
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 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
$124,720
Interest Rate
7.32%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| $290,000 | Signature Abstract | ||
| $155,900 | 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 | $232,000 | ||
| Previous Owner | $124,720 |
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 |
|---|---|---|---|---|
| 10/25/2021 10/25/21 | Sold | $290,000 | -1.7% | $89 / Sq Ft |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $295,000 | 0.0% | $91 / Sq Ft |
| 07/12/2021 07/12/21 | Pending | -- | -- | -- |
| 07/02/2021 07/02/21 | For Sale | $295,000 | -- | $91 / 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 | $2,154 | $76,300 | $12,000 | $64,300 |
| 2025 | $2,071 | $76,300 | $12,000 | $64,300 |
| 2024 | $3,388 | $76,300 | $12,000 | $64,300 |
| 2023 | $3,336 | $76,300 | $12,000 | $64,300 |
| 2022 | $3,336 | $76,300 | $12,000 | $64,300 |
| 2021 | $3,336 | $76,300 | $12,000 | $64,300 |
| 2020 | $3,302 | $76,300 | $12,000 | $64,300 |
| 2019 | $3,302 | $76,300 | $12,000 | $64,300 |
| 2018 | $3,302 | $76,300 | $12,000 | $64,300 |
| 2017 | $3,280 | $76,300 | $12,000 | $64,300 |
| 2016 | $1,874 | $76,300 | $12,000 | $64,300 |
| 2015 | $1,874 | $76,300 | $12,000 | $64,300 |
| 2014 | $1,724 | $76,300 | $12,000 | $64,300 |
Source: Public Records
Agents Affiliated with this Home
-
Krista Templin
-
Angelo Giannotti
Buyer's Agent in 2021
Angelo Giannotti
RE/MAX of Reading
(610) 334-3431
236 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2001040
APN: 5307-51-85-0623
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