NOT LISTED FOR SALE

Estimated Value: $174,000 - $233,000

-- Bed
6 Baths
3,000 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $136,500 $46 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,346/month

176 Days on Market

Highlights

  • No HOA
  • Tile or Brick Flooring
  • Forced Air Heating System
  • 2 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of January 2019

If you are looking for a great residential multi-unit with a huge garage that generates great cash flow, look no further! Two of the units have been newly renovated with new tile and laminate flooring and fresh paint. It has 5 new electrical boxes and 4 new hot water heaters. Gas heat. Updates to plumbing and electric. Each tenant pays their own electric and hot water. Start collecting rent immediately with this great investment opportunity!! The large garage can either be rented out or used for your car or material storage.

Last Agent to Sell the Property

Michael Rivera

Keller Williams Platinum Realty - Wyomissing Listed on: 06/19/2018

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Michael Rivera

A & D Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,000 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Tile or Brick

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0756
  • Assessor Parcel Number 15-5307-56-43-0756

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $2,200
  • Operating Expense $10,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,030

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants Belongings
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: If you are looking for a great residential multi-unit with a huge garage that generates great cash flow, look no further! Two of the units have been newly renovated with new tile and laminate flooring and fresh paint. It has 5 new electrical boxes and 4 new hot water heaters. Gas heat. Updates to plumbing and electric. Each tenant pays their own electric and hot water. Start collecting rent immediately with this great investment opportunity!! The large garage can either be rented out or used for your car or material storage.
  • Special Features: None

Interior Features

  • Flooring Type: Tile/Brick, Laminated
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 49.97
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 639

Exterior Features

  • Other Structures: Above 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: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Annual Heating Expense: 1200.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 240.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 6000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 15000.00
  • Land Assessed Value: 8800.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.06
  • Lot Dimensions: IRR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1456169
  • Tax Annual Amount: 1030.00
  • Assessor Parcel Number: 15-5307-56-43-0756
  • Tax Lot: 0756
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 01/30/2019

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jan 30, 2019
Sold by
Abreu Jose
Bought by
Alva Carlos E Angeles
Seller's Agent
Michael Rivera
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Michael Rivera
A & D Realty Group, LLC
List Price
$149,900
Sold Price
$136,500
Premium/Discount to List
-$13,400
-8.94%
Current Estimated Value
$233,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,440
Avg. Annual Appreciation
8.06%
Original Mortgage
$134,027
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2018
Sold by
Livergood Joseph D
Bought by
Abreu Jose

Purchase Details

Closed on
May 22, 1995
Bought by
Livergood Joseph D
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
Alva Carlos E Angeles $136,500 Edge Abstract
Abreu Jose $18,000 --
Livergood Joseph D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alva Carlos E Angeles $259,000
Closed Alva Carlos S Angeles $130,936
Closed Alva Carlos E Angeles $134,027
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $136,500 0.0% $46 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
10/20/2018 10/20/18 Off Market $136,500 -- --
09/06/2018 09/06/18 For Sale $149,900 0.0% $50 / Sq Ft
08/30/2018 08/30/18 Price Changed $149,900 +9.8% $50 / Sq Ft
07/07/2018 07/07/18 Off Market $136,500 -- --
07/06/2018 07/06/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $149,900 0.0% $50 / Sq Ft
06/26/2018 06/26/18 For Sale $149,900 +9.8% $50 / Sq Ft
06/21/2018 06/21/18 Off Market $136,500 -- --
06/19/2018 06/19/18 For Sale $125,000 -- $42 / 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 $646 $23,800 $8,800 $15,000
2024 $1,057 $23,800 $8,800 $15,000
2023 $1,040 $23,800 $8,800 $15,000
2022 $1,040 $23,800 $8,800 $15,000
2021 $1,040 $23,800 $8,800 $15,000
2020 $1,030 $23,800 $8,800 $15,000
2019 $1,030 $23,800 $8,800 $15,000
2018 $2,043 $47,200 $17,000 $30,200
2017 $2,029 $47,200 $17,000 $30,200
2016 $1,159 $47,200 $17,000 $30,200
2015 $1,159 $47,200 $17,000 $30,200
2014 $1,067 $47,200 $17,000 $30,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001916936

Bright MLS

APN: 15-5307-56-43-0756