NOT LISTED FOR SALE

744 Weiser St Reading, PA 19601

Greenwich Neighborhood

Estimated Value: $145,073 - $216,000

Studio
2 Baths
1,722 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $50,000 $29 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,059/month

40 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Tile or Brick Flooring

About This Home

As of June 2018

Solid 2 unit apartment investment property. Both apartments are occupied. 12 cap rate. Great time to buy before the fed increases interest rates again. Could also rent one unit and live in the other for very low cost of living. 1 of 3 property investor portfolio. Buy 1 or buy them all as a package.

Last Agent to Sell the Property

Zack Moore

(484) 256-5136 zmoore@beckhampierce.com Beckham & Pierce, Inc Listed on: 04/27/2018

Last Buyer's Agent

James Gonzalez

(800) 913-8384 jamesmgonzalez@msn.com American Homes Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 220
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 1,722 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick
  • Vinyl

Laundry

  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Reading Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9418
  • Assessor Parcel Number 15-5307-56-44-9418

Community Details

Overview

  • No Home Owners Association
  • Reading Subdivision

Building Details

  • Insurance Expense $736
  • Maintenance Expense $1,226
  • Other Expense $200
  • Operating Expense $5,421

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 200.00
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick, Laminated
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1722
  • Living Area Sq Ft: 1722
  • Price Per Sq Ft: 31.88
  • Above Grade Finished Sq Ft: 1722
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Wood Siding, Brick
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • 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: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1697.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 26500.00
  • Land Assessed Value: 9600.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 30 X 220
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 12540.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1456587
  • Tax Annual Amount: 1562.00
  • Assessor Parcel Number: 15-5307-56-44-9418
  • Tax Lot: 9418
  • Tax Year: 2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 19, 2018
Sold by
Mindel David and Barr Bruce F
Bought by
Ali Ahad and Ali Tania
Seller's Agent
Zack Moore
Beckham & Pierce, Inc
Buyer's Agent
James Gonzalez
American Homes Realty Group
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$188,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,018
Avg. Annual Appreciation
19.04%

Purchase Details

Closed on
Feb 18, 2008
Sold by
Mindel David
Bought by
Mindel David and Barr Bruce F

Purchase Details

Closed on
Nov 28, 2003
Sold by
Kline Michael D
Bought by
Mindel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ali Ahad $50,000 Stewart Abstract Of Berks Co
Mindel David -- None Available
Mindel David $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mindel David $29,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $50,000 -8.9% $29 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $54,900 -8.3% $32 / Sq Ft
04/27/2018 04/27/18 For Sale $59,900 -- $35 / Sq Ft
Source: Bright MLS

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 $980 $36,100 $9,600 $26,500
2024 $1,603 $36,100 $9,600 $26,500
2023 $1,578 $36,100 $9,600 $26,500
2022 $1,578 $36,100 $9,600 $26,500
2021 $1,578 $36,100 $9,600 $26,500
2020 $1,562 $36,100 $9,600 $26,500
2019 $1,562 $36,100 $9,600 $26,500
2018 $1,562 $36,100 $9,600 $26,500
2017 $1,552 $36,100 $9,600 $26,500
2016 $887 $36,100 $9,600 $26,500
2015 $887 $36,100 $9,600 $26,500
2014 $816 $36,100 $9,600 $26,500
Source: Public Records

Agents Affiliated with this Home

  • Zack Moore

    Seller's Agent in 2018

    Zack Moore

    Beckham & Pierce, Inc

    (484) 256-5136

    6 Total Sales

    Zack Moore
    Section Image
  • James Gonzalez

    Buyer's Agent in 2018

    James Gonzalez

    American Homes Realty Group

    (610) 823-7490

    21 Total Sales

    James Gonzalez
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000462768

Bright MLS

APN: 15-5307-56-44-9418

Pennsylvania Berks County Reading 19601 Greenwich

744 Weiser St, Reading, PA

Not Listed for Sale

MultiFamily

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