$150,000
SOLD MAY 9, 2025
-- Bed
-- Bath
12,000 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

25% Below List Price

85 Days on Market

Highlights

  • 0.15 Acre Lot
  • High Ceiling
  • 8 Car Garage
  • Open Floorplan
  • Assigned Subterranean Space
  • Heating Available

About This Home

As of May 2025

Unveil the potential of your real estate endeavors with this prime development opportunity! With an indoor parking garage for up to 8 vehicles and endless possibilities, this property is a canvas awaiting your vision. With TLC and renovations, picture a thriving a high-end multi-unit property for lucrative cash flow, commercial space or a versatile warehouse. Inside, discover ample room for a welcoming common area or a charming cafe to serve the local community and tenants alike. Furthermore, there is a newly installed rubber roof along with 2 levels of approximately 6,000 square feet on each floor. Please note, mock designs provided are all subject to zoning approval. Schedule your showing today! Seller Financing Available!

Last Agent to Sell the Property

Jimmy Thelusca

(973) 666-1188 jthelusca@pagodarpm.com Pagoda Realty License #RS333622 Listed on: 01/27/2025

Pagoda Realty

Last Buyer's Agent

Francisco Acosta

(484) 516-5870 realtor@teamacosta.net Realty One Group Alliance License #RS342984

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 8 Car Garage
  • Assigned Subterranean Space
  • Rear-Facing Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 12,000 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Basement
  • Garage Access

Utilities

  • Heating Available
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 13-5317-45-05-7364

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

8

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Unveil the potential of your real estate endeavors with this prime development opportunity! With an indoor parking garage for up to 8 vehicles and endless possibilities, this property is a canvas awaiting your vision. With TLC and renovations, picture a thriving a high-end multi-unit property for lucrative cash flow, commercial space or a versatile warehouse. Inside, discover ample room for a welcoming common area or a charming cafe to serve the local community and tenants alike. Furthermore, there is a newly installed rubber roof along with 2 levels of approximately 6,000 square feet on each floor. Please note, mock designs provided are all subject to zoning approval. Schedule your showing today! Seller Financing Available!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: High
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Garage Access
  • Total Sq Ft: 12000
  • Living Area Sq Ft: 12000
  • Price Per Sq Ft: 16.66
  • Above Grade Finished Sq Ft: 12000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 904

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Garage - Rear Entry, Underground
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Major Rehab Needed
  • Soil Types: Unknown
  • Year Assessed: 2025
  • Zoning: MULTI-UNIT

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1529.00
  • Tax Annual Amount: 3845.00
  • Assessor Parcel Number: 13-5317-45-05-7364
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Close Date: 05/09/2025

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
May 9, 2025
Sold by
Wertley Asher
Bought by
Gonzalez Maximo Francis Chec
Seller's Agent
Jimmy Thelusca
Pagoda Realty
Buyer's Agent
Francisco Acosta
Realty One Group Alliance
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Views
189
Current Estimated Value
$150,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480
Avg. Annual Appreciation
0.82%

Purchase Details

Closed on
Aug 19, 2015
Sold by
904 Mulberry Realty Llc
Bought by
Wertley Asher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2010
Sold by
Corisdeo Michael
Bought by
904 Mulberry Realty Llc

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
5.03%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $150,000 Your Home Settlement Services
Deed $65,000 None Available
Deed $85,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $32,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $150,000 -25.0% $13 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $199,900 -- $17 / 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 $2,315 $85,300 $32,900 $52,400
2024 $3,788 $85,300 $32,900 $52,400
2023 $3,729 $85,300 $32,900 $52,400
2022 $3,729 $85,300 $32,900 $52,400
2021 $3,729 $85,300 $32,900 $52,400
2020 $3,691 $85,300 $32,900 $52,400
2019 $3,691 $85,300 $32,900 $52,400
2018 $3,691 $85,300 $32,900 $52,400
2017 $3,667 $85,300 $32,900 $52,400
2016 $2,095 $85,300 $32,900 $52,400
2015 $2,095 $85,300 $32,900 $52,400
2014 $1,928 $85,300 $32,900 $52,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2053060

Bright MLS

APN: 13-5317-45-05-7364