NOT LISTED FOR SALE

Estimated Value: $187,667

-- Bed
2 Baths
2,270 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $140,000 $62 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,135/month

74 Days on Market

About This Home

As of December 2022

Welcome to full occupied amazing investment opportunity on 814 N 12th St!!! This interior row offers 2 units. Unit 1 offer 1 bedroom, 1 bathroom, and electric heat. Unit 2 is occupied by a long time tenent and offers 3 bedrooms, 1 bathroom, and electric heat. Tenent pay for their electric and heating. Do not miss out and schedule your private tour today.

Last Listed By

Joseph Colon

Coldwell Banker Realty Listed on: 09/02/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1920

Lot Details

  • 1,306 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,270 Sq Ft Home
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 5779
  • Assessor Parcel Number 12-5317-54-14-5779

Community Details

Overview

  • 2 Units
  • Reading Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,100
  • Net Operating Income $14,203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,727

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenent Personal Property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to full occupied amazing investment opportunity on 814 N 12th St!!! This interior row offers 2 units. Unit 1 offer 1 bedroom, 1 bathroom, and electric heat. Unit 2 is occupied by a long time tenent and offers 3 bedrooms, 1 bathroom, and electric heat. Tenent pay for their electric and heating. Do not miss out and schedule your private tour today.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Laminated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2270
  • Living Area Sq Ft: 2270
  • Price Per Sq Ft: 73.52
  • Above Grade Finished Sq Ft: 2270
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 814

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23700.00
  • Land Assessed Value: 15800.00
  • Land Use Code: 4126
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: RESI

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Taxes - Real Estate
  • Total Actual Rent: 17040.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1450963
  • School Tax: 708.00
  • Tax Annual Amount: 1727.00
  • Assessor Parcel Number: 12-5317-54-14-5779
  • Tax Lot: 5779
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/09/2022

Multi Family

  • Gross Income: 17040.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Dec 9, 2022
Sold by
Synchronicity Investments Llc
Bought by
Ramadani Mirlanda and Ramadani Mirlanda
Seller's Agent
Joseph Colon
Coldwell Banker Realty
Buyer's Agent
Mark Crystal
Sands & Company Real Estate
List Price
$166,900
Sold Price
$140,000
Premium/Discount to List
-$26,900
-16.12%
Total Days on Market
74
Views
101
Current Estimated Value
$187,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,667
Avg. Annual Appreciation
13.62%
Original Mortgage
$105,000
Outstanding Balance
$102,528
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$88,892

Purchase Details

Closed on
Aug 11, 2021
Sold by
T E H Realty 20 Llc
Bought by
Synchronicity Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2011
Sold by
New York Community Bank
Bought by
T E H Realty 20 Llc

Purchase Details

Closed on
Jan 25, 2011
Sold by
Czarnecki Barbara A
Bought by
New York Community Bank

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 Mirlanda $140,000 --
Synchronicity Investments Llc $100,000 Signature Abstract
T E H Realty 20 Llc $29,000 None Available
New York Community Bank $1,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramadani Mirlanda $105,000
Previous Owner Synchronicity Investments Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $140,000 -16.1% $62 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $166,900 -- $74 / 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 $1,072 $39,500 $15,800 $23,700
2024 $1,754 $39,500 $15,800 $23,700
2023 $1,727 $39,500 $15,800 $23,700
2022 $1,727 $39,500 $15,800 $23,700
2021 $1,727 $39,500 $15,800 $23,700
2020 $1,709 $39,500 $15,800 $23,700
2019 $1,709 $39,500 $15,800 $23,700
2018 $1,709 $39,500 $15,800 $23,700
2017 $1,698 $39,500 $15,800 $23,700
2016 $970 $39,500 $15,800 $23,700
2015 $970 $39,500 $15,800 $23,700
2014 $893 $39,500 $15,800 $23,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2021156

Bright MLS

APN: 12-5317-54-14-5779