NOT LISTED FOR SALE

821 N 5th St Reading, PA 19601

Studio
2 Baths
2,308 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: October 9, 2020

Last sale price $180,000 $78 Per Sq Ft

10 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Tankless Water Heater
  • Wood Flooring
  • Window Unit Cooling System
  • 4-minute walk to Centre Park

About This Home

As of October 2020

Do not miss this extremely rare opportunity to own one of the few legally zoned boarding houses in the city of Reading! This unbelievably well-maintained property provides a one bedroom apartment on the first floor, and 4 total boarding rooms with common areas on the second and third floors. Three of the tenants in the boarding rooms have lived there as long term tenants for the past three years straight. The exterior of this beautiful home has incredible curb appeal with it's unique architecture, gorgeous color palette, and stained glass transom window, perfectly situated in the Reading's charming historic district near Centre Park! Enter through the front door and breezeway into the living room of the immaculately spotless one bedroom apartment. This spacious front room is a living room/dining room combination and offers gleaming hardwood flooring, two ceiling fans, 9 ft ceiling, and convenient coat closet. The generously sized bedroom additionally offers the shining hardwood flooring, a ceiling fan, crown molding, and a large closet. Make your way to the 21 handle, updated kitchen with ceiling fan, stainless sink, all stainless appliances, large pantry, and access door to the fenced-in backyard. Completing this charming apartment is the full bathroom with stall shower, updated vanity and nickel fixtures! This apartment also has access to the unfinished basement which has laundry hook-up potential, and houses the separate electrical panels for both the apartment and boarding rooms, and the instant hot, tank-less, gas fueled hot water heater. Make your way to the side of the property where you will find the mailboxes for all 4 boarding rooms and stairway entry. The original 5th boarding room has been converted to a laundry room with folding shelf and convenient half bathroom. Just down the hall is the 27 cabinet kitchen with separate storage areas for each tenant, stainless appliances, gas cooking, dining area, ceiling fan, and double stainless sink with sprayer. The full bath with tile flooring and updated fixtures completes the common areas of the boarding house. 4 spacious boarding rooms can be found throughout the rest of the home, all providing ceiling fans, ample closet space, and beautiful hardwood flooring. You will not want to miss your opportunity to own this unique and profitable property. Financial Statement will be provided upon request.

Last Agent to Sell the Property

Daryl Tillman

(610) 985-0224 daryl@daryltillman.com Daryl Tillman Realty Group License #RS302939 Listed on: 09/14/2020

Co-Listed By

Lisa Tillman

(610) 985-0224 Lisa@daryltillman.com Daryl Tillman Realty Group License #RM425248

Last Buyer's Agent

Kathy Brautigan

(610) 985-7700 crstringer@msn.com Pagoda Realty

Pagoda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1898

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,308 Sq Ft Home
  • Replacement Windows
  • Instant Hot Water

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater

Listing and Financial Details

  • The owner pays for gas, sewer, water, trash collection, personal property taxes, real estate taxes
  • Tax Lot 9952
  • Assessor Parcel Number 14-5307-59-74-9952

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,865

Year Built

Built in 1898

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-09-14
  • Year Built: 1898
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Vinyl, Tile/Brick
  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Stairs
  • Total Sq Ft: 2308
  • Living Area Sq Ft: 2308
  • Price Per Sq Ft: 86.66
  • Above Grade Finished Sq Ft: 2308
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Pitched, Shingle
  • 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)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Instant Hot Water, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55400.00
  • Land Assessed Value: 10800.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Very Good, Excellent
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month, Weekly
  • Number Of Units Month To Month: 1
  • Owner Pays: Gas, Sewer, Water, Trash Collection, Taxes - Personal Property, Taxes - Real Estate
  • Units Furnished: Some
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454765
  • School Tax: 1187.00
  • Tax Annual Amount: 2865.00
  • Assessor Parcel Number: 14-5307-59-74-9952
  • Tax Lot: 9952
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: READING
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $180,000 -10.0% $78 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $200,000 +122.2% $87 / Sq Ft
04/04/2016 04/04/16 Sold $90,000 +0.1% $39 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $89,900 -- $39 / 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
2026 $1,869 $66,200 $10,800 $55,400
2025 $1,797 $66,200 $10,800 $55,400
2024 $2,940 $66,200 $10,800 $55,400
2023 $2,894 $66,200 $10,800 $55,400
2022 $2,894 $66,200 $10,800 $55,400
2021 $2,894 $66,200 $10,800 $55,400
2020 $2,865 $66,200 $10,800 $55,400
2019 $2,865 $66,200 $10,800 $55,400
2018 $2,865 $66,200 $10,800 $55,400
2017 $2,846 $66,200 $10,800 $55,400
2016 $1,626 $66,200 $10,800 $55,400
2015 $1,626 $66,200 $10,800 $55,400
2014 $1,496 $66,200 $10,800 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK363778

Bright MLS

APN: 5307-59-74-9952

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