NOT LISTED FOR SALE

Estimated Value: $81,000 - $140,000

3 Beds
1 Bath
984 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $40,000 $41 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $684/month

Highlights

  • No HOA
  • Level Entry For Accessibility
  • Hot Water Heating System

About This Home

As of June 2020

619 is the perfect is a well kept up to date home located inside the Reading school district. The home can be a great addition to your real estate portfolio, or the start of building capital in real estate investment. The house is currently leased for $675 a month. All city inspections were recently done. This incoming generating property has a high Cap rate which makes it a win win purchase. Owner is also selling mls# PABK356868 and you can purchase both properties to expand your real estate portfolio!

Last Agent to Sell the Property

Jason Miller

Coldwell Banker Realty Listed on: 04/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Wendy McCooey

RE/MAX Of Reading License #RS291054

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Brick Exterior Construction

Interior Spaces

  • 984 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service

Additional Features

  • Level Entry For Accessibility
  • 1,307 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 9702
  • Assessor Parcel Number 12-5317-61-03-9702

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: refrigerator, Oven, Microwave,ceiling fans
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: 619 is the perfect is a well kept up to date home located inside the Reading school district. The home can be a great addition to your real estate portfolio, or the start of building capital in real estate investment. The house is currently leased for $675 a month. All city inspections were recently done. This incoming generating property has a high Cap rate which makes it a win win purchase. Owner is also selling mls# PABK356868 and you can purchase both properties to expand your real estate portfolio!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 3
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 984
  • Living Area Sq Ft: 984
  • Price Per Sq Ft: 45.73
  • Above Grade Finished Sq Ft: 984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 619

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 21300.00
  • Land Assessed Value: 8000.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2020
  • Zoning: RES.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1451337
  • School Tax: 525.00
  • Tax Annual Amount: 1268.00
  • Assessor Parcel Number: 12-5317-61-03-9702
  • Tax Lot: 9702
  • Tax Total Finished Sq Ft: 984
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/30/2020

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2020
Closed on
Jun 30, 2020
Sold by
Nelson & Sons Llc
Bought by
425 South 15Th Street Real Estate Llc
Seller's Agent
Jason Miller
Coldwell Banker Realty
Buyer's Agent
Wendy McCooey
RE/MAX Of Reading
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$115,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,857
Avg. Annual Appreciation
21.60%
Original Mortgage
$96,000
Outstanding Balance
$68,317
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$42,490

Purchase Details

Closed on
Nov 3, 2010
Sold by
U S Bank National Association
Bought by
Nelson & Sons Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Chelston Daniel M
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 28, 2006
Sold by
Independence Property Investments Llc
Bought by
Chelston Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
9.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2006
Sold by
Pah Investors Llc
Bought by
Independence Property Investments Llc

Purchase Details

Closed on
Dec 30, 2005
Sold by
Deoca Alberto Montes
Bought by
Pah Investors Llc

Purchase Details

Closed on
Oct 10, 2003
Sold by
Federal National Mortgage Association
Bought by
Deoca Alberto Montes

Purchase Details

Closed on
Aug 19, 2003
Sold by
Garcia Manuel M and Abn Amro Mortgage Group Inc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
425 South 15Th Street Real Estate Llc $120,000 Signature Abstract
Nelson & Sons Llc $14,500 None Available
U S Bank National Association $1,700 None Available
Chelston Daniel M -- None Available
Independence Property Investments Llc $21,000 None Available
Pah Investors Llc $19,000 None Available
Deoca Alberto Montes $10,000 First American Title Ins Co
Federal National Mortgage Association $1,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 425 South 15Th Street Real Estate Llc $96,000
Closed 425 S 15Th St Real Estate Llc $96,000
Previous Owner Chelston Daniel M $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $40,000 0.0% $41 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/21/2020 05/21/20 Off Market $40,000 -- --
04/26/2020 04/26/20 For Sale $45,000 -- $46 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $795 $29,300 $8,000 $21,300
2024 $1,301 $29,300 $8,000 $21,300
2023 $1,281 $29,300 $8,000 $21,300
2022 $1,281 $29,300 $8,000 $21,300
2021 $1,281 $29,300 $8,000 $21,300
2020 $1,268 $29,300 $8,000 $21,300
2019 $1,268 $29,300 $8,000 $21,300
2018 $1,268 $29,300 $8,000 $21,300
2017 $1,260 $29,300 $8,000 $21,300
2016 $720 $29,300 $8,000 $21,300
2015 $720 $29,300 $8,000 $21,300
2014 $662 $29,300 $8,000 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK357050

Bright MLS

APN: 12-5317-61-03-9702