Seller's Agent in 2019
Ed Stauffer
RE/MAX of Reading
(610) 334-7099
143 Total Sales
517 Elm St Reading, PA 19601
Reading City Center NeighborhoodEstimated Value: $185,360
--
Bed
--
Bath
2,200
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating System
- Wood Flooring
- Ceiling height of 9 feet or more
About This Home
As of August 2019Here is a good money maker. 3 units with parking out back. Unit 1 is on the first floor and has 3 bedrooms. the rent is $800 and the tenant pays the gas heat and cooking and the electric. Unit 2 front is a 2 bedroom and the tenant pays the gas heat and cooking and electric. Unit 3 is 2nd floor rear and it is a one bedroom and the tenant pays $375. He as been there 10 years and pays the electric and it has electric heat. The first floor and second floor front each have 2 off street parking spaces out back. The owner just had the codes inspection done. Total income is $22,980 and expenses are Water, Sewer, trash $2640, Insurance $800, Taxes $1857 with a net of $17,683. Showing will be on Saturday only from 11:00-5:00. Please plan accordingly .
Last Agent to Sell the Property
RE/MAX Of Reading License #RS294153 Listed on: 06/30/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,857
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Property is in good condition
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Plaster Walls
- Metal Roof
- Stick Built Home
Interior Spaces
- 2,200 Sq Ft Home
- Ceiling height of 9 feet or more
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Vinyl
Parking
- Parking Lot
- Off-Street Parking
Utilities
- Forced Air Heating System
- 200+ Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for insurance, sewer, trash collection, water
- Tax Lot 0072
- Assessor Parcel Number 07-5307-75-82-0072
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $800
- Maintenance Expense $400
- Operating Expense $2,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2019
Closed on
Aug 27, 2019
Sold by
Woolworth William H and Ray Mary
Bought by
Beiler John
Seller's Agent
Ed Stauffer
RE/MAX Of Reading
Buyer's Agent
Mark Mease
Coldwell Banker Realty
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,360
Avg. Annual Appreciation
7.40%
Purchase Details
Closed on
Apr 11, 2011
Bought by
Woolworth William H and Ray Mark
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beiler John | $122,000 | Title Services | |
| Woolworth William H | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Woolworth William H | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2019 08/27/19 | Sold | $122,000 | -6.1% | $55 / Sq Ft |
| 07/24/2019 07/24/19 | Pending | -- | -- | -- |
| 06/30/2019 06/30/19 | For Sale | $129,900 | -- | $59 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,164 | $42,900 | $12,000 | $30,900 |
| 2024 | $1,905 | $42,900 | $12,000 | $30,900 |
| 2023 | $1,875 | $42,900 | $12,000 | $30,900 |
| 2022 | $1,875 | $42,900 | $12,000 | $30,900 |
| 2021 | $1,875 | $42,900 | $12,000 | $30,900 |
| 2020 | $1,857 | $42,900 | $12,000 | $30,900 |
| 2019 | $1,857 | $42,900 | $12,000 | $30,900 |
| 2018 | $1,857 | $42,900 | $12,000 | $30,900 |
| 2017 | $1,844 | $42,900 | $12,000 | $30,900 |
| 2016 | $1,054 | $42,900 | $12,000 | $30,900 |
| 2015 | $1,054 | $42,900 | $12,000 | $30,900 |
| 2014 | $970 | $42,900 | $12,000 | $30,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Stauffer
-
Mark Mease
Buyer's Agent in 2019
Mark Mease
Coldwell Banker Realty
(610) 413-6248
22 Total Sales
Map
Source: Bright MLS
MLS Number: PABK344240
APN: 07-5307-75-82-0072
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes