NOT LISTED FOR SALE

Estimated Value: $462,578

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $195,000

Est. 137% increase in value since last sale

Current estimated payment $2,767/month

5 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Oil

About This Home

As of October 2018

Great investment opportunity! Five unit property with 1st floor commercial space!

Last Agent to Sell the Property

Vielka Garcia

Iron Valley Real Estate of Berks License #RS306212 Listed on: 07/10/2018

Iron Valley Real Estate of Berks

Co-Listed By

Nicholas Alanis

Iron Valley Real Estate of Berks

Last Buyer's Agent

Ronald Samsel

United Real Estate Strive 212 License #RS202136L

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1915

Lot Details

  • 2,178

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Schools

  • Reading Senior High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • 2,178 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Operating Expense $2,073

Listing and Financial Details

  • Tax Lot 8839
  • Assessor Parcel Number 08-5307-84-90-8839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,073

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Great investment opportunity! Five unit property with 1st floor commercial space!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Street Number Modifier: 835

Exterior Features

  • Construction Materials: Brick
  • 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
  • Heating Fuel: Oil
  • Heating Type: Oil
  • 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
  • High School: READING SENIOR
  • School District Key: 300200397169
  • High School: READING SENIOR

Lot Info

  • Improvement Assessed Value: 34800.00
  • Land Assessed Value: 13100.00
  • Land Use Code: 4124
  • Lot Size Acres: 0.05
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1445564
  • Tax Annual Amount: 2073.00
  • Assessor Parcel Number: 08-5307-84-90-8839
  • Tax Lot: 8839
  • Tax Year: 2018
  • Close Date: 10/31/2018

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Shkodra Services Llc
Bought by
Ikb Management Group Llc
Current Estimated Value
$462,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 31, 2018
Sold by
Diaz Apartments Llc
Bought by
Shkodra Services Llc
Seller's Agent
Vielka Garcia
Iron Valley Real Estate of Berks
Buyer's Agent
Ronald Samsel
United Real Estate Strive 212
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%

Purchase Details

Closed on
Apr 19, 2018
Sold by
Scott Wally
Bought by
Diaz Apartments 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
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2017
Sold by
Cambria Rocco S
Bought by
Scott Wally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 23, 1995
Bought by
Cambria Rocco S
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
Ikb Management Group Llc $295,000 Conestoga Title
Shkodra Services Llc $195,000 Edge Abstract
Diaz Apartments Llc $120,000 None Available
Scott Wally $80,000 None Available
Cambria Rocco S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikb Management Group Llc $260,000
Closed Ikb Management Group Llc $221,250
Previous Owner Diaz Apartments Llc $100,000
Previous Owner Scott Wally $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $195,000 -7.1% --
07/15/2018 07/15/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $210,000 -- --
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 $2,956 $108,900 $13,100 $95,800
2024 $4,836 $108,900 $13,100 $95,800
2023 $4,761 $108,900 $13,100 $95,800
2022 $2,094 $47,900 $13,100 $34,800
2021 $2,094 $47,900 $13,100 $34,800
2020 $2,073 $47,900 $13,100 $34,800
2019 $2,073 $47,900 $13,100 $34,800
2018 $2,073 $47,900 $13,100 $34,800
2017 $2,059 $47,900 $13,100 $34,800
2016 $1,176 $47,900 $13,100 $34,800
2015 $1,176 $47,900 $13,100 $34,800
2014 $1,083 $47,900 $13,100 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002014058

Bright MLS

APN: 08-5307-84-90-8839