Seller's Agent in 2016
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
213 Total Sales
531 Robeson St Reading, PA 19601
Estimated Value: $295,000 - $316,226
--
Bed
--
Bath
4,000
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- No HOA
- En-Suite Primary Bedroom
- Baseboard Heating
- 3 Car Attached Garage
- Forced Air Heating System
- Vinyl Flooring
About This Home
As of November 2016Attention Investors! Nice corner 7 Unit comprising of 6-1BR Apts, a commercial storefront and 3 garages all with tenant paid heat and electric. Owner pays for water-sewer, trash & recycling. Building designed for multi-units with well laid-out apts. Excellent income & cash flow producing a 22% Cap Rate!!! Updated mechanicals, surveillance cameras on every floor. The storefront was priviously a deli and is currently being used as a property management office. 6 out of the 7 units are currently rented. City Codes compliant as of October 2016. A must have for your investment portfolio!!
Last Agent to Sell the Property
(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 10/31/2016
Last Buyer's Agent
(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 10/31/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,386
Year Built
- Built in 1930
Lot Details
- 1,307 Sq Ft Lot
- Property is in good condition
Parking
- 3 Car Attached Garage
- On-Street Parking
Home Design
- Converted Dwelling
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
Interior Spaces
- En-Suite Primary Bedroom
- 4,000 Sq Ft Home
- Vinyl Flooring
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Reading Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Radiant Heating System
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 1362
- Assessor Parcel Number 14-5307-43-86-1362
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $360
- Insurance Expense $3,000
- Operating Expense $47,746
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2016
Closed on
Nov 30, 2016
Sold by
Nino Filemon
Bought by
Ruth Property Llc
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$110,000
Sold Price
$110,000
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
$195,613
Avg. Annual Appreciation
12.14%
Purchase Details
Closed on
Nov 18, 1996
Bought by
Nino Filemon
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruth Property Llc | $110,000 | Signature Abstract | |
| Nino Filemon | $58,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2016 11/30/16 | Sold | $110,000 | 0.0% | $28 / Sq Ft |
| 10/31/2016 10/31/16 | Pending | -- | -- | -- |
| 10/31/2016 10/31/16 | For Sale | $110,000 | -- | $28 / 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 | $1,506 | $55,500 | $15,800 | $39,700 |
| 2024 | $2,464 | $55,500 | $15,800 | $39,700 |
| 2023 | $2,426 | $55,500 | $15,800 | $39,700 |
| 2022 | $2,426 | $55,500 | $15,800 | $39,700 |
| 2021 | $2,426 | $55,500 | $15,800 | $39,700 |
| 2020 | $2,402 | $55,500 | $15,800 | $39,700 |
| 2019 | $2,402 | $55,500 | $15,800 | $39,700 |
| 2018 | $2,402 | $55,500 | $15,800 | $39,700 |
| 2017 | $2,386 | $55,500 | $15,800 | $39,700 |
| 2016 | $1,363 | $55,500 | $15,800 | $39,700 |
| 2015 | $1,363 | $55,500 | $15,800 | $39,700 |
| 2014 | $1,254 | $55,500 | $15,800 | $39,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
Map
Source: Bright MLS
MLS Number: 1003897433
APN: 14-5307-43-86-1362
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