NOT LISTED FOR SALE

Estimated Value: $215,000 - $313,000

-- Bed
3 Baths
2,586 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $135,000 $52 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,525/month

7 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Carpet
  • No HOA
  • Hot Water Heating System

About This Home

As of January 2021

Vacant units in the process of being renovated, however the current owner not finishing renovations. All materials needed to finish are either in the units, or in the basement.

Last Listed By

Terry Imschweiler

United Real Estate Strive 212 License #RS332599 Listed on: 11/03/2020

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,586 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Schools

  • Reading Senior High School

Utilities

  • Hot Water Heating System
  • 60 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, electricity, gas, trash collection, water
  • Tax Lot 6346
  • Assessor Parcel Number 12-5317-53-04-6346

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Vacant Units
  • Income includes apartment rentals
  • Operating Expense $6,628
  • Net Operating Income $22,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Landlord owned appliances.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Vacant units in the process of being renovated, however the current owner not finishing renovations. All materials needed to finish are either in the units, or in the basement.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2586
  • Living Area Sq Ft: 2586
  • Price Per Sq Ft: 61.87
  • Above Grade Finished Sq Ft: 2586
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 729

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 100
  • Previous Twelve Months Electric Expense: 1200.00
  • Electric Service: 60 Amp Service
  • Gas Avg Month: 79.00
  • Gas Prev12 Months: 948.00
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 178
  • Water Previous Twelve Months: 2136.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: READING
  • High School: READING SENIOR
  • High School Source: Listing Agent
  • School District Key: 300200397169
  • School District Source: Listing Agent
  • High School: READING SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23900.00
  • Land Assessed Value: 9600.00
  • Land Use Code: 121A
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Taxes - Real Estate, Electricity, Gas, Trash Collection, Water
  • Total Actual Rent: 29100.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1450394
  • School Tax: 601.00
  • Tax Annual Amount: 1450.00
  • Assessor Parcel Number: 12-5317-53-04-6346
  • Tax Lot: 6346
  • Tax Total Finished Sq Ft: 2586
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/08/2021

Multi Family

  • Number Of Units Vacant: 3
  • Gross Income: 29100.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6628.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Aruci Petrit
Bought by
Ramadani Imir and Ramadani Enkela
Total Days on Market
7
Current Estimated Value
$261,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Outstanding Balance
$216,420
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$75,478

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jan 7, 2021
Sold by
729N5 Realty Llc
Bought by
Aruci Petrit
Seller's Agent
Terry Imschweiler
United Real Estate Strive 212
Buyer's Agent
Ronald Samsel
United Real Estate Strive 212
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.40%
Original Mortgage
$101,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Smith David S
Bought by
729N5 Realty Llc

Purchase Details

Closed on
Apr 21, 2004
Sold by
Petty Kelly E
Bought by
Homecomings Financial Network Inc

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
Ramadani Imir $292,000 None Listed On Document
Aruci Petrit $135,000 Edge Abstract
729N5 Realty Llc $90,000 None Available
Homecomings Financial Network Inc $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramadani Imir $219,000
Previous Owner Aruci Petrit $101,250
Previous Owner Smith David S $116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $135,000 -15.6% $52 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $160,000 -- $62 / 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 $909 $33,500 $9,600 $23,900
2024 $1,488 $33,500 $9,600 $23,900
2023 $1,464 $33,500 $9,600 $23,900
2022 $1,464 $33,500 $9,600 $23,900
2021 $1,464 $33,500 $9,600 $23,900
2020 $1,450 $33,500 $9,600 $23,900
2019 $1,450 $33,500 $9,600 $23,900
2018 $1,450 $33,500 $9,600 $23,900
2017 $1,440 $33,500 $9,600 $23,900
2016 $823 $33,500 $9,600 $23,900
2015 $823 $33,500 $9,600 $23,900
2014 $757 $33,500 $9,600 $23,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK366604

Bright MLS

APN: 12-5317-53-04-6346