Marcus Gonzalez
Atlas Land and Homes
(223) 216-5019
93 Total Sales
5 in Northwest Reading
$80K - $295K Price Range
728 N 2nd St Reading, PA 19601
Northwest Reading Neighborhood
Studio
3
Baths
2,584
Sq Ft
2,614
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- More Than Two Accessible Exits
- Victorian Architecture
- Window Unit Cooling System
- Electric Baseboard Heater
About This Home
As of August 2020Very large Victorian all brick Semi-detached 3 unit in good condition overall and fully rented. Unit 1, 1st floor has 4 rooms, 2 BRS, electric baseboard heat, electric hot water, electric range/oven, 1 year section 8 tenant, $675/month. Unit 2, 2nd floor has 4 rms, 2 BRS, elec. baseboard heat, elec. hot water, gas range/oven, 1 yr tenant, rented for $700/month. Unit 3, 3flr, an efficiency/studio, elec. baseboard heat, elec. hot water, gas range/oven, covered 2nd flr balcony, 5 yr tenant, rented for 430 month. Covered front porch. Covered 2nnd floor balcony. Rear patio. Hardwired smoke detectors. Off street parking for 2 cars. Total Annual Income: $21,660. Total Expenses: $6,886. Net Income: $14,774. CAP RATE: 12%. Expenses breakdown: Taxes: $2,246. Insurance: $1,500. W/S/T/R: $2,620. Owner's Electric: $420. Permits: $100. Located near the Centre Park Historic District. Stable building with long-term tenants. Excellent cash flow! A must have for your investment portfolio!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 07/02/2020
Last Buyer's Agent
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #RS193774L Listed on: 07/02/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,246
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Historic Home
- Property is in good condition
Home Design
- 2,584 Sq Ft Home
- Triplex
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Pitched Roof
Flooring
- Wood
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Drain
Parking
- 2 Parking Spaces
- 2 Off-Street Spaces
- Paved Parking
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Above Ground Utilities
- 200+ Amp Service
- Multi-Tank Electric Water Heater
- Municipal Trash
- Phone Available
Additional Features
- Electric Oven or Range
- More Than Two Accessible Exits
- Exterior Lighting
Listing and Financial Details
- The owner pays for common area maintenance, insurance, sewer, sewer maintenance, real estate taxes, trash collection, water
- Tax Lot 1333
- Assessor Parcel Number 15-5307-57-64-1333
Community Details
Overview
- No Home Owners Association
- 3 Units
- 4-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $1,500
- Other Expense $4,286
- Trash Expense $1,000
- Operating Expense $6,886
- Net Operating Income $14,774
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2020
Closed on
Aug 3, 2020
Sold by
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$128,000
Sold Price
$128,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,681
Outstanding Balance
$108,948
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2018
Closed on
Jan 31, 2019
Sold by
Bought by
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$95,000
Sold Price
$95,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.06%
Original Mortgage
$71,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northwest Reading, PA
-
Marcus Gonzalez
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
3 in Northwest Reading
$176K - $400K Price Range
-
Cindy Borelli
Cindy Borelli
Keller Williams Platinum Realty - Wyomissing
(484) 878-4272
55 Total Sales
1 in Northwest Reading
$190,000 Price
-
Shalani Colon
Shalani Colon
Realty One Group Alliance
(484) 878-5806
56 Total Sales
2 in Northwest Reading
$180K - $207K Price Range
-
Sheldon Zimmerman
Sheldon Zimmerman
Peak Asset Realty
(223) 216-2011
215 Total Sales
2 in Northwest Reading
$213K - $229K Price Range
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
271 Total Sales
5 in Northwest Reading
$80K - $190K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $128,000 | Signature Abstract | ||
| $95,000 | Signature Abstract | ||
| $64,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $125,681 | ||
| Previous Owner | $71,250 | ||
| Previous Owner | $463,297 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $128,000 | 0.0% | $50 / Sq Ft | |
| 07/02/2020 07/02/20 | For Sale | $128,000 | +34.7% | $50 / Sq Ft | |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- | |
| 01/31/2019 01/31/19 | Sold | $95,000 | 0.0% | $37 / Sq Ft | View Prior Sale |
| 11/30/2018 11/30/18 | Pending | -- | -- | -- | |
| 09/11/2018 09/11/18 | For Sale | $95,000 | -- | $37 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,465 | $51,900 | $10,800 | $41,100 |
| 2025 | $1,409 | $51,900 | $10,800 | $41,100 |
| 2024 | $2,305 | $51,900 | $10,800 | $41,100 |
| 2023 | $2,269 | $51,900 | $10,800 | $41,100 |
| 2022 | $2,269 | $51,900 | $10,800 | $41,100 |
| 2021 | $2,269 | $51,900 | $10,800 | $41,100 |
| 2020 | $2,246 | $51,900 | $10,800 | $41,100 |
| 2019 | $2,246 | $51,900 | $10,800 | $41,100 |
| 2018 | $2,246 | $51,900 | $10,800 | $41,100 |
| 2017 | $2,231 | $51,900 | $10,800 | $41,100 |
| 2016 | $1,275 | $51,900 | $10,800 | $41,100 |
| 2015 | $1,275 | $51,900 | $10,800 | $41,100 |
| 2014 | $1,173 | $51,900 | $10,800 | $41,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Candelaria
Seller's Agent in 2020
Jose Candelaria
RE/MAX of Reading
(610) 207-8066
7 in this area
200 Total Sales
Map
Source: Bright MLS
MLS Number: PABK360090
APN: 5307-57-64-1333
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