$37,000
SOLD FEB 16, 2018
-- Bed
-- Bath
2,220 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

8% Below List Price

179 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Oil
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of February 2024

Walk into this well maintained legal duplex. There are two spacious units in this building. Original hardwood floor adds tons of character to this home. This home is primed for a new home owner to live in one unit and rent out the other. Two separate utilities, gas cooking, oil heat and newer roof. Investors this is a prime area for solid rental income. Original hardwood floors and finishing. With stain glass windows. This property has a backyard and second floor deck. Separate entrances. Come see this great opportunity before its gone. Both units are bi-level with ample space.

Last Agent to Sell the Property

Demetrius Lindsey

Keller Williams Philadelphia Listed on: 08/03/2017

Keller Williams Philadelphia

Last Buyer's Agent

Terese Brittingham

Keller Williams Realty Group License #RM419528

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Metal Roof
  • Stone Siding

Schools

  • Southwest Middle School
  • Reading Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • 60 Amp Service
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup
  • Partial Basement
  • 1,307 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 6949
  • Assessor Parcel Number 02530628986949

Community Details

Overview

  • No Home Owners Association
  • Reading Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,500
  • Operating Expense $6,819

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
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Walk into this well maintained legal duplex. There are two spacious units in this building. Original hardwood floor adds tons of character to this home. This home is primed for a new home owner to live in one unit and rent out the other. Two separate utilities, gas cooking, oil heat and newer roof. Investors this is a prime area for solid rental income. Original hardwood floors and finishing. With stain glass windows. This property has a backyard and second floor deck. Separate entrances. Come see this great opportunity before its gone. Both units are bi-level with ample space.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Hookup
  • Price Per Sq Ft: 18.02
  • Street Number Modifier: 814

Exterior Features

  • Construction Materials: Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Metal
  • 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

  • Annual Heating Expense: 1100.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 60 Amp Service
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • Middle School: SOUTHWEST
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR
  • Middle Or Junior School: SOUTHWEST

Lot Info

  • Improvement Assessed Value: 35700.00
  • Land Assessed Value: 6600.00
  • Land Use Code: 117R
  • Lot Size Acres: 0.03
  • Lot Dimensions: .03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Attached Yn: Yes
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 14000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1440449
  • Tax Annual Amount: 1819.00
  • Assessor Parcel Number: 02530628986949
  • Tax Lot: 6949
  • Tax Year: 2017
  • Close Date: 02/16/2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Feb 15, 2018
Sold by
Rauch David G and Rauch Deania M
Bought by
Alliance Property Solutions Llc
Seller's Agent
Demetrius Lindsey
Keller Williams Philadelphia
Buyer's Agent
Terese Brittingham
Keller Williams Realty Group
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%
Current Estimated Value
$161,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,850
Avg. Annual Appreciation
21.51%
Source: Public Records

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 Type Sale Price Title Company
Deed $37,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $141,000 -6.0% $64 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $150,000 +305.4% $68 / Sq Ft
02/16/2018 02/16/18 Sold $37,000 -7.5% $17 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/04/2018 01/04/18 Price Changed $40,000 0.0% $18 / Sq Ft
01/04/2018 01/04/18 For Sale $40,000 +8.1% $18 / Sq Ft
12/31/2017 12/31/17 Off Market $37,000 -- --
11/18/2017 11/18/17 For Sale $51,500 0.0% $23 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $51,500 -14.2% $23 / Sq Ft
08/03/2017 08/03/17 For Sale $60,000 -- $27 / 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 $1,148 $42,300 $6,600 $35,700
2024 $1,878 $42,300 $6,600 $35,700
2023 $1,849 $42,300 $6,600 $35,700
2022 $1,849 $42,300 $6,600 $35,700
2021 $1,849 $42,300 $6,600 $35,700
2020 $1,831 $42,300 $6,600 $35,700
2019 $1,831 $42,300 $6,600 $35,700
2018 $1,831 $42,300 $6,600 $35,700
2017 $1,819 $42,300 $6,600 $35,700
2016 $1,039 $42,300 $6,600 $35,700
2015 $1,039 $42,300 $6,600 $35,700
2014 $956 $42,300 $6,600 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000258227

Bright MLS

APN: 02-5306-28-98-6949