NOT LISTED FOR SALE
Studio
4 Baths
2,141 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: July 1, 2024

Last sale price $335,000 $156 Per Sq Ft

9 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Electric Baseboard Heater

About This Home

As of July 2024

Fantastic income-generating opportunity in the heart of Reading! This 4-unit building offers immediate returns for savvy investors or owner-occupiers. With Unit 1 fetching $1000, Unit 2 at $750, Unit 3 at $800, and Unit 4 at $700, the potential for steady cash flow is evident from day one. Plus, enjoy the added convenience of a 1-car garage. Whether you're looking to have tenants cover your mortgage or seeking a profitable investment, this property is not to be missed!

Last Agent to Sell the Property

Mr. Nelson Gamez

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RM426110 Listed on: 05/10/2024

Last Buyer's Agent

Mark Crystal

(610) 376-9999 sands@parealestate.com Sands & Company Real Estate License #RS338130

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • 2,141 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1619
  • Assessor Parcel Number 12-5317-61-03-1619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2141
  • Living Area Sq Ft: 2141
  • Price Per Sq Ft: 161.09
  • Above Grade Finished Sq Ft: 2141
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 742.00
  • Tax Annual Amount: 1810.00
  • Assessor Parcel Number: 12-5317-61-03-1619
  • Tax Lot: 1619
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: READING

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
May 10, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Mr. Nelson Gamez
Realty One Group Alliance
Buyer's Agent
Mark Crystal
Sands & Company Real Estate
List Price
$344,900
Sold Price
$335,000
Premium/Discount to List
-$9,900
-2.87%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Outstanding Balance
$245,981
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2021
Closed on
Dec 10, 2021
Sold by
Bought by
Seller's Agent
Suzi Ford
Springer Realty Group
Buyer's Agent
Mr. Nelson Gamez
Realty One Group Alliance
List Price
$169,500
Sold Price
$155,000
Premium/Discount to List
-$14,500
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%
Original Mortgage
$124,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$335,000 None Listed On Document
$155,000 Conestoga Title Company
$70,000 --
$2,200 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $251,250
Previous Owner $202,500
Previous Owner $124,000
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 Prior Sale
07/01/2024 07/01/24 Sold $335,000 -2.9% $156 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $344,900 +122.5% $161 / Sq Ft
12/10/2021 12/10/21 Sold $155,000 0.0% $72 / Sq Ft View Prior Sale
11/14/2021 11/14/21 Off Market $155,000 -- --
09/28/2021 09/28/21 For Sale $169,500 +9.4% $79 / Sq Ft
09/22/2021 09/22/21 Off Market $155,000 -- --
09/20/2021 09/20/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $169,500 -2.9% $79 / Sq Ft
09/07/2021 09/07/21 Price Changed $174,500 -0.3% $82 / Sq Ft
08/05/2021 08/05/21 For Sale $175,000 -- $82 / Sq Ft
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 $1,169 $41,400 $9,300 $32,100
2025 $1,124 $41,400 $9,300 $32,100
2024 $1,838 $41,400 $9,300 $32,100
2023 $1,810 $41,400 $9,300 $32,100
2022 $1,810 $41,400 $9,300 $32,100
2021 $1,810 $41,400 $9,300 $32,100
2020 $1,792 $41,400 $9,300 $32,100
2019 $1,792 $41,400 $9,300 $32,100
2018 $1,792 $41,400 $9,300 $32,100
2017 $1,780 $41,400 $9,300 $32,100
2016 $1,017 $41,400 $9,300 $32,100
2015 $1,017 $41,400 $9,300 $32,100
2014 $936 $41,400 $9,300 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2043116

Bright MLS

APN: 5317-61-03-1619

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