Seller's Agent in 2020
Sean Moretti
Destination Realty LLC
(484) 769-3209
4 in this area
60 Total Sales
547 N 11th St Reading, PA 19604
District 6 NeighborhoodEstimated Value: $166,000 - $269,000
--
Bed
2
Baths
2,448
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Hot Water Heating System
- Victorian Architecture
About This Home
As of March 2020Great investment property, this large duplex includes 2 units... on the first floor there is a large one bedroom apartment with access to a fenced-in patio deck area. Upstairs on the second and third floor there is a huge two-bedroom apartment with eat-in kitchen living space and the entire third floor as one big bedroom that is nearly 400 square feet by itself. This room could be used as two bedrooms with a divider. Both tenants pay their own utilities the owner only has water sewer trash insurance and a small electric bill for the common area.
Last Agent to Sell the Property
(484) 769-3209 seanhmoretti@gmail.com Destination Realty LLC Listed on: 10/06/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,069
Year Built
- Built in 1900
Lot Details
- 2,178
Parking
- On-Street Parking
Home Design
- Duplex
- Victorian Architecture
- Brick Exterior Construction
- Plaster Walls
- Architectural Shingle Roof
Interior Spaces
- 2,448 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
Schools
- Reading Senior High School
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Additional Features
- 2,178 Sq Ft Lot
- Urban Location
Listing and Financial Details
- The owner pays for advertising/licenses and permits, common area maintenance, electricity, heater maintenance contract, insurance, lawn/shrub care, management, pest control, repairs, sewer, snow removal, sewer maintenance, real estate taxes, trash collection, water
- Tax Lot 1494
- Assessor Parcel Number 11-5317-61-13-1494
Community Details
Overview
- No Home Owners Association
- 2 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $900
- Operating Expense $6,417
- Gross Income $16,200
- Net Operating Income $9,783
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2019
Closed on
Mar 25, 2020
Sold by
547 North 11Th Street Llc
Bought by
Trujillo Jorge W and Guzman Jeanette
Seller's Agent
Sean Moretti
Destination Realty LLC
Buyer's Agent
Karl Becker
Coldwell Banker Realty
List Price
$98,000
Sold Price
$95,000
Premium/Discount to List
-$3,000
-3.06%
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
$112,457
Avg. Annual Appreciation
15.25%
Original Mortgage
$71,250
Outstanding Balance
$63,256
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$145,030
Purchase Details
Listed on
Oct 6, 2019
Closed on
Mar 13, 2020
Sold by
547 North 11Th Street Llc
Bought by
Trujillo Jorge W and Guzman Jeanette
Seller's Agent
Sean Moretti
Destination Realty LLC
Buyer's Agent
Karl Becker
Coldwell Banker Realty
List Price
$98,000
Sold Price
$95,000
Premium/Discount to List
-$3,000
-3.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Outstanding Balance
$63,256
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$145,030
Purchase Details
Closed on
Nov 7, 2011
Sold by
Federal National Mortgage Association
Bought by
Teh Realty 18 Llc
Purchase Details
Closed on
Mar 16, 2011
Sold by
Defelice Joanne J
Bought by
Federal National Mortgage Association
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 |
|---|---|---|---|
| Trujillo Jorge W | $95,000 | None Available | |
| Trujillo Jorge W | $95,000 | None Available | |
| Teh Realty 18 Llc | $25,000 | Liberty Title & Escrow Co | |
| Federal National Mortgage Association | $2,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trujillo Jorge W | $71,250 | |
| Closed | Trujillo Jorge W | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2020 03/20/20 | Sold | $95,000 | -3.1% | $39 / Sq Ft |
| 02/08/2020 02/08/20 | Pending | -- | -- | -- |
| 01/16/2020 01/16/20 | Price Changed | $98,000 | 0.0% | $40 / Sq Ft |
| 01/16/2020 01/16/20 | For Sale | $98,000 | +3.2% | $40 / Sq Ft |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- |
| 10/06/2019 10/06/19 | For Sale | $95,000 | -- | $39 / 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 | $1,297 | $47,800 | $14,000 | $33,800 |
| 2024 | $2,123 | $47,800 | $14,000 | $33,800 |
| 2023 | $2,090 | $47,800 | $14,000 | $33,800 |
| 2022 | $2,090 | $47,800 | $14,000 | $33,800 |
| 2021 | $2,090 | $47,800 | $14,000 | $33,800 |
| 2020 | $2,069 | $47,800 | $14,000 | $33,800 |
| 2019 | $2,069 | $47,800 | $14,000 | $33,800 |
| 2018 | $2,069 | $47,800 | $14,000 | $33,800 |
| 2017 | $2,055 | $47,800 | $14,000 | $33,800 |
| 2016 | $1,174 | $47,800 | $14,000 | $33,800 |
| 2015 | $1,174 | $47,800 | $14,000 | $33,800 |
| 2014 | $1,080 | $47,800 | $14,000 | $33,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Moretti
-
Karl Becker
Buyer's Agent in 2020
Karl Becker
Coldwell Banker Realty
(484) 256-5882
1 in this area
90 Total Sales
Map
Source: Bright MLS
MLS Number: PABK349020
APN: 11-5317-61-13-1494
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