NOT LISTED FOR SALE

841 N 5th St Reading, PA 19601

Estimated Value: $305,121

3 Beds
3 Baths
2,500 Sq Ft
$122/Sq Ft Est. Value

Last Sold November 11, 2021

Last sale price $250,000 $100 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,970/month

49 Days on Market

Highlights

  • Greenhouse
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Corner Lot
  • 4-minute walk to Centre Park

About This Home

As of November 2021

So many possibilities exist with this stately corner property with off street parking located in the heart of the Centre Park Historic District. The property was originally built as a grand three story single family home in the 19th century for Casper Lotz who owned the majority of land in the 700 and 800 blocks of N. 5th Street. The property has been converted to a multi unit featuring office space on the main floor which has been used in the past as a doctors office and photo studio. The second floor features a large two bedroom apartment with spacious living room, dining room, kitchen, and full bath. The third floor unit also has two bedrooms and full bath plus living room, dining room, and galley kitchen. This historic building also features a side patio, greenhouse, and off street parking with carport. Come see the potential this property has to be converted back to a single home, used as owner occupied with main floor business, or converted to three large apartments.

Last Listed By

O. Chris Miller

RE/MAX Of Reading Listed on: 06/28/2021

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,381

Year Built

  • Built in 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Historic Home
  • Property is in good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Detached Carport Spaces

Outdoor Features

  • Patio
  • Greenhouse

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9151
  • Assessor Parcel Number 14-5307-51-75-9151

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Centre Park Histor Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,381

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: Two Stoves, Two Refrigerators
  • New Construction: No
  • Expected On Market: 2021-06-28
  • Year Built: 1895
  • Automatically Close On Close Date: No
  • Remarks Public: So many possibilities exist with this stately corner property with off street parking located in the heart of the Centre Park Historic District. The property was originally built as a grand three story single family home in the 19th century for Casper Lotz who owned the majority of land in the 700 and 800 blocks of N. 5th Street. The property has been converted to a multi unit featuring office space on the main floor which has been used in the past as a doctors office and photo studio. The second floor features a large two bedroom apartment with spacious living room, dining room, kitchen, and full bath. The third floor unit also has two bedrooms and full bath plus living room, dining room, and galley kitchen. This historic building also features a side patio, greenhouse, and off street parking with carport. Come see the potential this property has to be converted back to a single home, used as owner occupied with main floor business, or converted to three large apartments.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 90.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 841

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Asphalt Driveway
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 95700.00
  • Land Assessed Value: 27400.00
  • Land Use Code: 4127
  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: MIXED
  • Zoning Description: Residential - Multi-Family

Rental Info

  • Existing Lease Type: None
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454056
  • School Tax: 2207.00
  • Tax Annual Amount: 5381.00
  • Assessor Parcel Number: 14-5307-51-75-9151
  • Tax Lot: 9151
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/11/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Nov 10, 2021
Sold by
Concern Professional Svcs For Children
Bought by
Santana Diomerys M and Hidalgo Miguel
Seller's Agent
O. Chris Miller
RE/MAX Of Reading
Buyer's Agent
Edward Munoz
United Real Estate Strive 212
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Total Days on Market
49
Current Estimated Value
$305,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,121
Avg. Annual Appreciation
6.35%
Original Mortgage
$245,471
Outstanding Balance
$227,746
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$82,335

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 24, 2019
Sold by
Randazzo Dana S and Randazzo Charles
Bought by
Concern Professional Svcs For Children
Seller's Agent
O. Chris Miller
RE/MAX Of Reading
Buyer's Agent
O. Chris Miller
RE/MAX Of Reading
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%

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
Santana Diomerys M $250,000 Keystone Title Services
Concern Professional Svcs For Children $170,000 Signature Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Diomerys M $16,999
Open Santana Diomerys M $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold $250,000 +11.1% $100 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $225,000 0.0% $90 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $225,000 +32.4% $90 / Sq Ft
06/28/2019 06/28/19 Sold $170,000 -2.8% $52 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $174,900 -- $53 / 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 $3,341 $123,100 $27,400 $95,700
2024 $5,466 $123,100 $27,400 $95,700
2023 $5,381 $123,100 $27,400 $95,700
2022 $5,381 $123,100 $27,400 $95,700
2021 $5,381 $123,100 $27,400 $95,700
2020 $5,327 $123,100 $27,400 $95,700
2019 $5,327 $123,100 $27,400 $95,700
2018 $5,327 $123,100 $27,400 $95,700
2017 $5,292 $123,100 $27,400 $95,700
2016 $3,023 $123,100 $27,400 $95,700
2015 $3,023 $123,100 $27,400 $95,700
2014 $2,782 $123,100 $27,400 $95,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2000322

Bright MLS

APN: 14-5307-51-75-9151