714 Franklin St Reading, PA 19602
Southeast Reading NeighborhoodEstimated Value: $142,000 - $166,000
--
Bed
1
Bath
2,262
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Hot Water Heating System
- Wood Flooring
- Ceiling height of 9 feet or more
About This Home
As of May 2020Great investment to add to your portfolio or get started. This is a two unit with off street parking. It is occupied, tenants pay there electric and gas, owner has $150 a month estimate for water and sewer, $40 a month estimate for trash. Rent is $125 a week 1st floor 5+ years. Rent is $550 2nd floor 10+ years. The property is located right across the street from Barta busing and within walking distance to the new Saucony Creek Brewing Company. Just a few blocks away from Downtown Reading. Property is As Is
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $260
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 2,262 Sq Ft Home
- Ceiling height of 9 feet or more
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Vinyl
Utilities
- Hot Water Heating System
- Above Ground Utilities
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
- 3-Story Building
Listing and Financial Details
- Tax Lot 0592
- Assessor Parcel Number 03-5306-28-99-0592
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2020
Closed on
May 29, 2020
Sold by
Skiles Brian J
Bought by
1014 East 211 Street Llc
Seller's Agent
Nadine Daubert
Ramus Realty Group
Buyer's Agent
Mercedes Bailey
Simple Realty
List Price
$72,500
Sold Price
$60,000
Premium/Discount to List
-$12,500
-17.24%
Total Days on Market
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,667
Avg. Annual Appreciation
20.96%
Original Mortgage
$330,000
Outstanding Balance
$184,023
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
-$28,356
Similar Homes in Reading, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1014 East 211 Street Llc | $470,000 | Conestoga Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1014 East 211 Street Llc | $330,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $60,000 | 0.0% | $27 / Sq Ft |
| 02/27/2020 02/27/20 | Off Market | $60,000 | -- | -- |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 01/15/2020 01/15/20 | For Sale | $72,500 | -- | $32 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $687 | $25,300 | $8,100 | $17,200 |
| 2024 | $1,123 | $25,300 | $8,100 | $17,200 |
| 2023 | $1,106 | $25,300 | $8,100 | $17,200 |
| 2022 | $1,106 | $25,300 | $8,100 | $17,200 |
| 2021 | $1,106 | $25,300 | $8,100 | $17,200 |
| 2020 | $260 | $6,000 | $1,900 | $4,100 |
| 2019 | $260 | $6,000 | $1,900 | $4,100 |
| 2018 | $260 | $6,000 | $1,900 | $4,100 |
| 2017 | $258 | $6,000 | $1,900 | $4,100 |
| 2016 | $147 | $6,000 | $1,900 | $4,100 |
| 2015 | $147 | $6,000 | $1,900 | $4,100 |
| 2014 | $136 | $6,000 | $1,900 | $4,100 |
Source: Public Records
Agents Affiliated with this Home
-
Nadine Daubert
Seller's Agent in 2020
Nadine Daubert
Ramus Realty Group
(215) 421-7919
1 in this area
92 Total Sales
-
Mercedes Bailey
Buyer's Agent in 2020
Mercedes Bailey
Simple Realty
(484) 345-8956
6 Total Sales
Map
Source: Bright MLS
MLS Number: PABK352920
APN: 03-5306-28-99-0592
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 714 Franklin St
- 716 Franklin St
- 718 Franklin St
- 706 Franklin St
- 720 Franklin St
- 722 Franklin St
- 704 Franklin St
- 724 Franklin St
- 702 Franklin St
- 109 S 7th St
- 111 S 7th St
- 700 Franklin St
- 726 Franklin St
- 728 Franklin St
- 728A Franklin St
- 111 Lemon St
- 730 Franklin St
- 732 Franklin St
- 734 Franklin St
- 115 Lemon St