$26,000
SOLD APR 18, 2017
3 Beds
1 Bath
864 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

26% Below List Price

88 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of August 2019

Twin style 3 bedroom, 1 bath house in residential setting on S 18th Street. Living room, dining room and kitchen on first floor with 3 bedrooms and full bath on second floor. Cosmetic improvements needed. House has covered rear porch and fenced backyard. This is a Department of Housing and Urban Development property (Case# 441-880430). Home is being sold AS IS. The utilities may be off so please use caution. All property information including "property condition report" are available on the HUD web site. If the plumbing failed the pressure test, the water cannot be turned on for inspections. Municipalities requiring Use & Occupancy inspections are at purchaser's expense. Transaction will need to close within 45 days for Owner Occupants and 30 days for Investors. Property is considered (IE) FHA insurable with $3100 escrow. Exact amount to be determined by estimates obtained by lender. Equal Housing Opportunity Property.

Last Agent to Sell the Property

Jim Marks

Springer Realty Group License #AB068681 Listed on: 12/09/2016

Springer Realty Group

Last Buyer's Agent

Suzi Ford

Springer Realty Group License #RS228124L

Springer Realty Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8941
  • Assessor Parcel Number 16-5316-40-46-8941

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Twin style 3 bedroom, 1 bath house in residential setting on S 18th Street. Living room, dining room and kitchen on first floor with 3 bedrooms and full bath on second floor. Cosmetic improvements needed. House has covered rear porch and fenced backyard. This is a Department of Housing and Urban Development property (Case# 441-880430). Home is being sold AS IS. The utilities may be off so please use caution. All property information including "property condition report" are available on the HUD web site. If the plumbing failed the pressure test, the water cannot be turned on for inspections. Municipalities requiring Use & Occupancy inspections are at purchaser's expense. Transaction will need to close within 45 days for Owner Occupants and 30 days for Investors. Property is considered (IE) FHA insurable with $3100 escrow. Exact amount to be determined by estimates obtained by lender. Equal Housing Opportunity Property.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Net Sq Ft: 864.00
  • Price Per Sq Ft: 32.41
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 632

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Lot Info

  • Improvement Assessed Value: 23500.00
  • Land Assessed Value: 17500.00
  • Land Use Code: 149
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: REG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1460331
  • Tax Annual Amount: 1763.00
  • Assessor Parcel Number: 16-5316-40-46-8941
  • Tax Lot: 8941
  • Tax Year: 2017
  • Close Date: 04/18/2017

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2019
Closed on
Aug 9, 2019
Sold by
Kalabovic Safet
Bought by
Simet Jessica
Seller's Agent
Suzi Ford
Springer Realty Group
Buyer's Agent
Jack Evans
Keller Williams Platinum Realty - Wyomissing
List Price
$59,000
Sold Price
$57,000
Premium/Discount to List
-$2,000
-3.39%
Total Days on Market
88
Current Estimated Value
$102,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,880
Avg. Annual Appreciation
11.65%
Original Mortgage
$13,777
Outstanding Balance
$9,515
Interest Rate
3.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$98,240

Purchase Details

Listed on
Dec 9, 2016
Closed on
Apr 13, 2017
Sold by
Secretary Housing Urban Development
Bought by
Kalabovic Safet
Seller's Agent
Jim Marks
Springer Realty Group
Buyer's Agent
Suzi Ford
Springer Realty Group
List Price
$35,000
Sold Price
$26,000
Premium/Discount to List
-$9,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.26%

Purchase Details

Closed on
Sep 21, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Housing Urban Development

Purchase Details

Closed on
Sep 2, 2016
Sold by
Sheriff Of Berks County
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 30, 2009
Sold by
Berry Donald R and Berry Kelly A
Bought by
Morales Francisco X Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
5.28%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Deed $57,500 Regal Abstract
Deed $26,000 Conestoga Title
Deed -- None Available
Sheriffs Deed $1,800 Attorney
Deed $51,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,777 Stand Alone Second
Open $46,000 New Conventional
Previous Owner $4,500 Stand Alone Second
Previous Owner $49,781 FHA
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $57,000 -0.9% $48 / Sq Ft
07/10/2019 07/10/19 Price Changed $57,500 -2.5% $49 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/23/2019 06/23/19 For Sale $59,000 +126.9% $50 / Sq Ft
04/18/2017 04/18/17 Sold $26,000 -7.1% $30 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/24/2017 02/24/17 Price Changed $28,000 -11.1% $32 / Sq Ft
01/24/2017 01/24/17 Price Changed $31,500 -10.0% $36 / Sq Ft
12/09/2016 12/09/16 For Sale $35,000 -- $41 / 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 $1,113 $41,000 $17,500 $23,500
2024 $1,821 $41,000 $17,500 $23,500
2023 $1,792 $41,000 $17,500 $23,500
2022 $1,792 $41,000 $17,500 $23,500
2021 $1,792 $41,000 $17,500 $23,500
2020 $1,774 $41,000 $17,500 $23,500
2019 $1,774 $41,000 $17,500 $23,500
2018 $1,774 $41,000 $17,500 $23,500
2017 $1,763 $41,000 $17,500 $23,500
2016 $1,007 $41,000 $17,500 $23,500
2015 $1,007 $41,000 $17,500 $23,500
2014 $927 $41,000 $17,500 $23,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003331317

Bright MLS

APN: 16-5316-40-46-8941