NOT LISTED FOR SALE

525 E Lancaster Ave Shillington, PA 19607

Estimated Value: $870,252 - $926,000

Studio
5 Baths
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: September 26, 2012

Last sale price $430,000

Est. 109% increase in value since last sale

Current estimated payment $5,494 / mo

99 Days on Market

Highlights

  • 0.26 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Shillington Park
  • No HOA
  • Laundry Facilities

About This Home

As of September 2012

5 Units (3 One Bedroom Apartments and 2 Two Bedroom Apartments) Plus Commercial Space (Currently used as Hair Salon) * Great Location, Across from Shillinton Shopping Center * Walk to School, Shops and Bus Service. * Beauty Salon Currently pays $1,387.00 Monthly plus 1/3 of taxes.

Last Agent to Sell the Property

Richard Henry

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS-228470-L Listed on: 04/18/2012

RE/MAX Of Reading

Last Buyer's Agent

Robert Kearney

(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1965

Lot Details

  • 11,326 Sq Ft Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Governor Mifflin High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9295
  • Assessor Parcel Number 77-4396-20-90-9295

Community Details

Building Details

  • Insurance Expense $3,124
  • Operating Expense $9,653

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,529

Year Built

Built in 1965

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: GOVERNOR MIFFLIN

Lot Info

  • Improvement Assessed Value: 119200.00
  • Land Assessed Value: 64600.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Property Condition: Good
  • Zoning: COMM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 51394.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1565211
  • Tax Annual Amount: 6529.00
  • Assessor Parcel Number: 77-4396-20-90-9295
  • Tax Lot: 9295
  • Tax Year: 2012

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
Apr 18, 2012
Closed on
Sep 26, 2012
Sold by
Bought by
Seller's Agent
Richard Henry
RE/MAX Of Reading
Buyer's Agent
Robert Kearney
RE/MAX Of Reading
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%
Current Estimated Value
$898,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,126
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2002
Sold by
Bought by
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

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
$440,000 None Available
-- Conestoga Title Company
-- --
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
09/26/2012 09/26/12 Sold $430,000 -13.1% --
07/26/2012 07/26/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $495,000 -- --
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 -- -- -- --
2025 $8,068 -- -- --
2024 $8,068 -- -- --
2023 $8,068 $0 $0 $0
2022 $8,068 $183,800 $64,600 $119,200
2021 $8,068 $183,800 $64,600 $119,200
2020 $7,976 $183,800 $64,600 $119,200
2019 $7,884 $183,800 $64,600 $119,200
2018 $68,520 $183,800 $64,600 $119,200
2017 $7,648 $183,800 $64,600 $119,200
2016 -- $183,800 $64,600 $119,200
2015 -- $183,800 $64,600 $119,200
2014 $2,389 $183,800 $64,600 $119,200
Source: Public Records

Agents Affiliated with this Home

  • Richard Henry

    Seller's Agent in 2012

    Richard Henry

    RE/MAX of Reading

    (717) 304-6193

    72 Total Sales

    Richard Henry
    Section Image
  • Robert Kearney

    Buyer's Agent in 2012

    Robert Kearney

    RE/MAX of Reading

    (610) 685-3169

    32 Total Sales

    Robert Kearney
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003929790

Bright MLS

APN: 77-4396-20-90-9295

Pennsylvania Berks County Shillington 19607

525 E Lancaster Ave, Shillington, PA

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