NOT LISTED FOR SALE

655 Lancaster Ave Reading, PA 19611

Estimated Value: $204,311

-- Bed
-- Bath
1,742 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $110,000 $63 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,218/month

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Home Security System
  • Laundry Facilities

About This Home

As of March 2014

Situated along the busy corridor of Lancaster Ave. near Alvernia -this corner property has many possibilities. Store front was a Salon and has a powder room & kitchenette. 2nd floor has a large 2 bedroom apt w.enormous deck to rear for entertaining. One covered parking space to rear & then a complete secure parking lot as well. There are 4 security cameras visible from screen in 1st floor unit. Ready for immediate possession. Apartment comes furnished "as is" all included.

Last Agent to Sell the Property

Liz Egner

(610) 656-9426 legner@goberkscounty.com RE/MAX Of Reading License #AB062436L Listed on: 01/28/2013

RE/MAX Of Reading

Co-Listed By

Tricia Bubel

(484) 955-8018 tbubel@goberkscounty.com RE/MAX Of Reading License #5016644

Last Buyer's Agent

Alayne Klopp

(484) 333-8938 aklopp@remax.net RE/MAX Evolved

RE/MAX Evolved

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1913

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 8 Open Parking Spaces
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,742 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $2,359

Listing and Financial Details

  • Tax Lot 1711
  • Assessor Parcel Number 18-5306-65-53-1711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,359

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Includes 651-R- Private Parking Lot, Deeded Separatly
  • New Construction: No
  • Storage: Basement
  • Year Built: 1913
  • Remarks Public: Situated along the busy corridor of Lancaster Ave. near Alvernia -this corner property has many possibilities. Store front was a Salon and has a powder room & kitchenette. 2nd floor has a large 2 bedroom apt w.enormous deck to rear for entertaining. One covered parking space to rear & then a complete secure parking lot as well. There are 4 security cameras visible from screen in 1st floor unit. Ready for immediate possession. Apartment comes furnished "as is" all included.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 1742
  • Living Area Sq Ft: 1742
  • Price Per Sq Ft: 77.50
  • Above Grade Finished Sq Ft: 1742
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 655

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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
  • Open Parking Spaces Count: 8
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Parking Lot, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 25100.00
  • Land Assessed Value: 33900.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1465795
  • Tax Annual Amount: 2359.00
  • Assessor Parcel Number: 18-5306-65-53-1711
  • Tax Lot: 1711
  • Tax Year: 2014
  • Close Date: 03/14/2014

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 14, 2014
Sold by
Hill James and Nguyen Nhi Cuc
Bought by
Hashamy Mohammad Uwnas
Seller's Agent
Liz Egner
RE/MAX Of Reading
Buyer's Agent
Alayne Klopp
RE/MAX Evolved
List Price
$149,900
Sold Price
$110,000
Premium/Discount to List
-$39,900
-26.62%
Current Estimated Value
$204,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,311
Original Mortgage
$82,500
Outstanding Balance
$43,811
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Bought by
Nguyen Trung and Nhi Cuc
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
Hashamy Mohammad Uwnas $110,000 None Available
Nguyen Trung $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hashamy Mohammad Uwnas $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $110,000 -26.6% $63 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
01/28/2013 01/28/13 For Sale $149,900 -- $86 / 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 $1,601 $59,000 $33,900 $25,100
2024 $2,620 $59,000 $33,900 $25,100
2023 $2,579 $59,000 $33,900 $25,100
2022 $2,579 $59,000 $33,900 $25,100
2021 $2,579 $59,000 $33,900 $25,100
2020 $2,553 $59,000 $33,900 $25,100
2019 $2,553 $59,000 $33,900 $25,100
2018 $2,553 $59,000 $33,900 $25,100
2017 $2,536 $59,000 $33,900 $25,100
2016 $1,449 $59,000 $33,900 $25,100
2015 $1,449 $59,000 $33,900 $25,100
2014 $1,333 $59,000 $33,900 $25,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003316184

Bright MLS

APN: 18-5306-65-53-1711