$170,000
SOLD JUN 28, 2019

841 N 5th St Reading, PA 19601

-- Bed
-- Bath
3,300 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Greenhouse
  • No HOA
  • Hot Water Heating System
  • Traditional Architecture
  • 4 Detached Carport Spaces
  • 4-minute walk to Centre Park

About This Home

As of November 2021

If you re looking for an interesting property in the Centre Park District you ll want to see this historic building located on a corner lot and featuring off street parking, a greenhouse, and Koi pond. Originally built as a grand single family home for the original owner, Casper Lotz, who once owned the majority of land in the 700-800 blocks of N. 5th Street. The property is presently zoned for mixed use with commercial space on the main floor and two residential units above. Past uses of the main floor commercial space have included a doctor s office and photo studio. The lower level is also finished and features a kitchenette, family room and full bath along with separate entrance. The 2nd floor unit features kitchen, dining room, large living room, two bedrooms and full bath. The third floor unit features galley kitchen, dining room, living room, two bedrooms and bath. This historic property has the potential to be converted back to single family, used as owner occupied with business, or converted to a three unit apartment. Come take a look with your creative ideas and see how this building can work for you.

Last Agent to Sell the Property

O. Chris Miller

RE/MAX Of Reading Listed on: 03/01/2019

RE/MAX Of Reading

Last Buyer's Agent

O. Chris Miller

RE/MAX Of Reading Listed on: 03/01/2019

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

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

Home Design

  • Triplex
  • Traditional Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof
  • Rubber Roof

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Greenhouse

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Centre Park Histor Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional, Victorian
  • Ownership: Fee Simple
  • Exclusions: 2nd flr refrigerator
  • Historic: Yes
  • Inclusions: LL kitchen app., 2nd flr stove, 3rd flr kitchen app.
  • New Construction: No
  • Year Built: 1895
  • Remarks Public: If you re looking for an interesting property in the Centre Park District you ll want to see this historic building located on a corner lot and featuring off street parking, a greenhouse, and Koi pond. Originally built as a grand single family home for the original owner, Casper Lotz, who once owned the majority of land in the 700-800 blocks of N. 5th Street. The property is presently zoned for mixed use with commercial space on the main floor and two residential units above. Past uses of the main floor commercial space have included a doctor s office and photo studio. The lower level is also finished and features a kitchenette, family room and full bath along with separate entrance. The 2nd floor unit features kitchen, dining room, large living room, two bedrooms and full bath. The third floor unit features galley kitchen, dining room, living room, two bedrooms and bath. This historic property has the potential to be converted back to single family, used as owner occupied with business, or converted to a three unit apartment. Come take a look with your creative ideas and see how this building can work for you.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Room Count: 15
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 69.96
  • Above Grade Finished Sq Ft: 2500
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • 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, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 4
  • Garage: No
  • Number Of Detached Carport Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Carport, Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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 Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1454056
  • School Tax: 2207.00
  • Tax Annual Amount: 5327.00
  • Assessor Parcel Number: 14-5307-51-75-9151
  • Tax Lot: 9151
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/28/2019

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%
Current Estimated Value
$303,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,216
Avg. Annual Appreciation
6.13%
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%
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 $250,000 Keystone Title Services
Deed $170,000 Signature Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,999 FHA
Open $245,471 FHA
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: PABK325598

Bright MLS

APN: 14-5307-51-75-9151