NOT LISTED FOR SALE

611 Pear St Reading, PA 19601

Studio
2 Baths
1,436 Sq Ft
1,307 Sq Ft Lot

Last Sold December 29, 2014

Last sale price $41,500 $29 Per Sq Ft

94 Days on Market

Highlights

  • No HOA
  • Heating System Uses Oil
  • 1-minute walk to Second & Oley Playground

About This Home

As of December 2014

Excellent opportunity for this end of row with two apartments. The property is fully rented, with a long term tenant occupying the first floor. Pride of ownership is evident, with replacement windows throughout and recently updated flooring and paint. The detached garage in the back of the property is currently rented for an additional $30/month. Both apartments are in great condition and have a strong rental history. The tenants pay their own electric hot water and their own electric for cooking. This property offers an excellent cap rate, with the benefit of being a solid, low maintenance building.

Last Agent to Sell the Property

Mark Lowe

(610) 779-2500 office@c21gold.com Century 21 Gold License #RS287423 Listed on: 09/05/2014

Century 21 Gold

Last Buyer's Agent

Ryan Gehris

(866) 807-9087 info@unrealestate.com USRealty.com LLP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 1,436 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $1,036

Listing and Financial Details

  • Tax Lot 0616
  • Assessor Parcel Number 15-5307-65-63-0616

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,036

Year Built

Built in 1900

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: 2 Stoves/Ranges & 2 Refrigerators
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1436
  • Living Area Sq Ft: 1436
  • Price Per Sq Ft: 28.90
  • Above Grade Finished Sq Ft: 1436
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 19500.00
  • Land Assessed Value: 6100.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 9400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1457934
  • Tax Annual Amount: 1036.00
  • Assessor Parcel Number: 15-5307-65-63-0616
  • Tax Lot: 0616
  • Tax Year: 2014

MLS Schools

  • School District Name: READING
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Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $41,500 -3.5% $29 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $43,000 -- $30 / Sq Ft
Source: Bright MLS

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 $695 $25,600 $6,100 $19,500
2024 $1,137 $25,600 $6,100 $19,500
2023 $1,119 $25,600 $6,100 $19,500
2022 $1,119 $25,600 $6,100 $19,500
2021 $1,119 $25,600 $6,100 $19,500
2020 $1,108 $25,600 $6,100 $19,500
2019 $1,108 $25,600 $6,100 $19,500
2018 $1,108 $25,600 $6,100 $19,500
2017 $1,101 $25,600 $6,100 $19,500
2016 $629 $25,600 $6,100 $19,500
2015 $629 $25,600 $6,100 $19,500
2014 $579 $25,600 $6,100 $19,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003076608

Bright MLS

APN: 5307-65-63-0616

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