NOT LISTED FOR SALE

Estimated Value: $80,647 - $171,000

-- Bed
1 Bath
1,802 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $50,000 $28 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $739/month

10 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of September 2017

Investors... here's a great opportunity for you to own this very well maintained, clean, updated 2-unit property in the heart of Reading. Rental history includes the first floor unit being rented for 575 and the second floor for 675, totaling potential rental income at 1225/month. Taxes are low. Upgrades include changing oil heat to gas heat for more economic utilities; new roof installed in 2014; separate electric meters; new kitchen cabinets in both units; pergo and tile flooring. Make your showing appt today!

Last Agent to Sell the Property

Diana Ortiz

EXP Realty, LLC Listed on: 07/15/2017

Last Buyer's Agent

Carolyn Ilg

BHHS Homesale Realty- Reading Berks

BHHS Homesale Realty- Reading Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,802 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2144
  • Assessor Parcel Number 03-5306-28-99-2144

Community Details

Overview

  • No Home Owners Association
  • Reading Subdivision

Building Details

  • Insurance Expense $550
  • Operating Expense $3,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$834

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Investors... here's a great opportunity for you to own this very well maintained, clean, updated 2-unit property in the heart of Reading. Rental history includes the first floor unit being rented for 575 and the second floor for 675, totaling potential rental income at 1225/month. Taxes are low. Upgrades include changing oil heat to gas heat for more economic utilities; new roof installed in 2014; separate electric meters; new kitchen cabinets in both units; pergo and tile flooring. Make your showing appt today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1802
  • Living Area Sq Ft: 1802
  • Price Per Sq Ft: 32.19
  • Above Grade Finished Sq Ft: 1802
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 727

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • 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: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1680.00
  • 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: 11700.00
  • Land Assessed Value: 7700.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 2144
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1441725
  • Tax Annual Amount: 834.00
  • Assessor Parcel Number: 03-5306-28-99-2144
  • Tax Lot: 2144
  • Tax Year: 2017
  • Close Date: 09/01/2017

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Sep 1, 2017
Sold by
Jimenez Jazmin
Bought by
Pain Properties Llc
Seller's Agent
Diana Ortiz
EXP Realty, LLC
Buyer's Agent
Carolyn Ilg
BHHS Homesale Realty- Reading Berks
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%
Total Days on Market
10
Current Estimated Value
$123,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,912
Avg. Annual Appreciation
12.41%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Delos Angeles Richard
Bought by
Jimenez Jazmin

Purchase Details

Closed on
May 21, 2010
Sold by
Chopra Virender
Bought by
Delos Angeles Richard

Purchase Details

Closed on
Aug 1, 2001
Sold by
Jackson Laveta R
Bought by
Chandhok Balbir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Guru Nanak Enterprises Inc
Bought by
Jackson Laveta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pain Properties Llc $50,000 None Available
Jimenez Jazmin $12,000 None Available
Delos Angeles Richard $10,250 None Available
Chandhok Balbir -- --
Jackson Laveta R $30,000 Conestoga Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Jazmin $20,000
Previous Owner Jackson Laveta R $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $50,000 -13.8% $28 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $58,000 -- $32 / 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 $527 $19,400 $7,700 $11,700
2024 $861 $19,400 $7,700 $11,700
2023 $848 $19,400 $7,700 $11,700
2022 $848 $19,400 $7,700 $11,700
2021 $848 $19,400 $7,700 $11,700
2020 $840 $19,400 $7,700 $11,700
2019 $840 $19,400 $7,700 $11,700
2018 $840 $19,400 $7,700 $11,700
2017 $834 $19,400 $7,700 $11,700
2016 $476 $19,400 $7,700 $11,700
2015 $476 $19,400 $7,700 $11,700
2014 $438 $19,400 $7,700 $11,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003657949

Bright MLS

APN: 03-5306-28-99-2144