$99,000
SOLD NOV 14, 2024
5 Beds
1.5 Baths
1,402 Sq Ft
1,306 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2025

Great flip opportunity in the North East Section of Reading PA. In our current market ARV's are an estimated 165-185K for this particular area. We are asking 97K. Buyer pays all closing costs and transfer taxes. This particular area is very desirable with many businesses in the surrounding area, public transportation, and grocery stores. There's plenty of square feet to get the maximum ARV depending on rehab finishes. Home is being sold as-is, where-is. The home has the potential for 5-6 bedrooms as well as 1-2 full bathrooms. Rent potential in our current market for this particular area falls anywhere between 1600.00 per month and 2100.00 per month. 1 car parking spot available in the back. All offers will be reviewed Friday October 11th. Acceptable financing is cash, hard-money lending, or private money lending.

Last Agent to Sell the Property

JOSE VAZQUEZ

Light House Realtors, LLC Listed on: 10/05/2024

Last Buyer's Agent

Johanna Castaneda

Coldwell Banker Realty License #RS345025

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $958

Year Built

  • Built in 1913

Lot Details

  • 1,306 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,402 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1202
  • Assessor Parcel Number 13-5317-45-05-1202

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$958

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1913
  • Automatically Close On Close Date: No
  • Remarks Public: Great flip opportunity in the North East Section of Reading PA. In our current market ARV's are an estimated 165-185K for this particular area. We are asking 97K. Buyer pays all closing costs and transfer taxes. This particular area is very desirable with many businesses in the surrounding area, public transportation, and grocery stores. There's plenty of square feet to get the maximum ARV depending on rehab finishes. Home is being sold as-is, where-is. The home has the potential for 5-6 bedrooms as well as 1-2 full bathrooms. Rent potential in our current market for this particular area falls anywhere between 1600.00 per month and 2100.00 per month. 1 car parking spot available in the back. All offers will be reviewed Friday October 11th. Acceptable financing is cash, hard-money lending, or private money lending.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1402
  • Living Area Sq Ft: 1402
  • Price Per Sq Ft: 69.19
  • Above Grade Finished Sq Ft: 1402
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 903

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 121R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 958.00
  • Assessor Parcel Number: 13-5317-45-05-1202
  • Tax Lot: 1202
  • Tax Total Finished Sq Ft: 1324
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/14/2024

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2025
Closed on
May 2, 2025
Sold by
Baez Valentin
Bought by
Paez Carmen
Seller's Agent
Jennifer Javier
RE/MAX Of Reading
Buyer's Agent
Jennifer Javier
RE/MAX Of Reading
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-55.42%
Original Mortgage
$185,250
Outstanding Balance
$185,250
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$22,001

Purchase Details

Listed on
Oct 5, 2024
Closed on
Nov 14, 2024
Sold by
Im Acquisitions Llc
Bought by
Baez Valentin
Seller's Agent
JOSE VAZQUEZ
Light House Realtors, LLC
Buyer's Agent
Johanna Castaneda
Coldwell Banker Realty
List Price
$97,000
Sold Price
$99,000
Premium/Discount to List
$2,000
2.06%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
351.05%

Purchase Details

Closed on
Sep 6, 2024
Sold by
Vargas Rafael
Bought by
Im Aquisitions Llc

Purchase Details

Closed on
Aug 1, 2008
Sold by
Waterfall View Group Llc
Bought by
Vargas Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 17, 2005
Sold by
Le Kim
Bought by
Waterfall View Group Llc

Purchase Details

Closed on
Feb 24, 2003
Sold by
Zeidman Bruce
Bought by
Le Kim
Source: Public Records

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Range of Values:

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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 $195,000 Signature Abstract
Deed $99,000 None Listed On Document
Deed $70,000 None Listed On Document
Deed $47,000 Conestoga Title Insurance
Deed $24,750 Conestoga Title Insurance Co
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,250 New Conventional
Previous Owner $47,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $195,000 -2.5% $147 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $199,900 +101.9% $151 / Sq Ft
11/14/2024 11/14/24 Sold $99,000 +2.1% $71 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $97,000 -- $69 / 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 $983 $36,200 $15,000 $21,200
2024 $1,607 $36,200 $15,000 $21,200
2023 $1,583 $36,200 $15,000 $21,200
2022 $1,583 $36,200 $15,000 $21,200
2021 $1,583 $36,200 $15,000 $21,200
2020 $1,567 $36,200 $15,000 $21,200
2019 $1,567 $36,200 $15,000 $21,200
2018 $1,567 $36,200 $15,000 $21,200
2017 $1,556 $36,200 $15,000 $21,200
2016 $889 $36,200 $15,000 $21,200
2015 $889 $36,200 $15,000 $21,200
2014 $818 $36,200 $15,000 $21,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2049540

Bright MLS

APN: 13-5317-45-05-1202