NOT LISTED FOR SALE

737 N 4th St Reading, PA 19601

Estimated Value: $250,000 - $384,000

-- Bed
3 Baths
3,471 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $32,500 $9 Per Sq Ft

Est. 797% increase in value since last sale

Current estimated payment $1,725/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 1-minute walk to Centre Park
  • No HOA
  • Hot Water Heating System

About This Home

As of April 2015

Great investment opportunity in highly desireable Centre Park Historic District. Over 3400 sq ft building, zoned for 2 units. In need of significant rehab, but loads of potential. Being sold As-Is.

Last Agent to Sell the Property

Mark Mohn

(610) 463-7163 mark@markmohn.com RE/MAX Of Reading Listed on: 02/13/2015

RE/MAX Of Reading

Last Buyer's Agent

Jorge Diaz

(610) 507-4933 trustdiaz@gmail.com Light House Realtors, LLC License #RS328499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,471 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Centre Park Histor Subdivision

Listing and Financial Details

  • Tax Lot 3497
  • Assessor Parcel Number 14-5307-58-74-3497

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,231

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Great investment opportunity in highly desireable Centre Park Historic District. Over 3400 sq ft building, zoned for 2 units. In need of significant rehab, but loads of potential. Being sold As-Is.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3471
  • Living Area Sq Ft: 3471
  • Price Per Sq Ft: 13.68
  • Above Grade Finished Sq Ft: 3471
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 737

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • 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: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Land Use Code: 190
  • Lot Size Acres: 0.05
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1454595
  • Assessor Parcel Number: 14-5307-58-74-3497
  • Tax Lot: 3497
  • Tax Year: 2015
  • Close Date: 04/23/2015

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2019
Sold by
Oten Holdings Llc
Bought by
Leonor Matos Jr Manuel A
Current Estimated Value
$291,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,174
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2018
Sold by
Neuheimer Raymond P
Bought by
Oten Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2017
Sold by
Maracine Lainey and Maracine Cristian
Bought by
Neuheimer Raymond P

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 15, 2015
Sold by
Reading Redevelopment Authority
Bought by
Maracine Lainey and Maracine Cristian
Seller's Agent
Mark Mohn
RE/MAX Of Reading
Buyer's Agent
Jorge Diaz
Light House Realtors, LLC
List Price
$47,500
Sold Price
$32,500
Premium/Discount to List
-$15,000
-31.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.72%

Purchase Details

Closed on
Nov 1, 2013
Sold by
Mooneram Pamela K
Bought by
Reading Redevelopment Authority

Purchase Details

Closed on
Sep 18, 2012
Sold by
Mooneram Pamela K
Bought by
Ilm Llc

Purchase Details

Closed on
Feb 4, 2003
Sold by
Kusinski Anthony G
Bought by
Kusinski Anthony G
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
Leonor Matos Jr Manuel A $156,000 Stewart Abstract
Oten Holdings Llc $79,000 Stewart Abstract
Neuheimer Raymond P $85,000 --
Maracine Lainey $32,500 None Available
Reading Redevelopment Authority $2,300 None Available
Ilm Llc $2,300 None Available
Kusinski Anthony G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonor-Matos Manuel A $268,620
Closed Leonor-Matos Manuel A $184,800
Closed Leonor Matos Jr Manuel A $157,407
Closed Leonor Matos Jr Manuel A $153,174
Previous Owner Oten Holdings Llc $100,000
Previous Owner Mooneram Pamela K $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2015 04/23/15 Sold $32,500 -31.6% $9 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $47,500 -- $14 / 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 $2,231 $82,200 $10,200 $72,000
2024 $3,650 $82,200 $10,200 $72,000
2023 $3,593 $82,200 $10,200 $72,000
2022 $3,593 $82,200 $10,200 $72,000
2021 $3,593 $82,200 $10,200 $72,000
2020 $3,557 $82,200 $10,200 $72,000
2019 $3,557 $82,200 $10,200 $72,000
2018 $3,557 $82,200 $10,200 $72,000
2017 $3,534 $82,200 $10,200 $72,000
2016 $2,019 $82,200 $10,200 $72,000
2015 $2,019 $82,200 $10,200 $72,000
2014 -- $82,200 $10,200 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002536458

Bright MLS

APN: 14-5307-58-74-3497