NOT LISTED FOR SALE

918 Lancaster Ave Reading, PA 19607

Wyomissing Area

Estimated Value: $202,049

Studio
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: July 6, 2020

Last sale price $125,000 $0 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,286 / mo

55 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Electric Baseboard Heater
  • 2 Car Detached Garage

About This Home

As of July 2020

Check out this beautiful duplex on Lancaster Ave. This property is Zoned "Commercial Highway District" with Street & Off-street Parking! Building is larger than it appears - it even has a walk-up attic, full basement, & garage. Tenants pay their own Heat {electric each room has own thermostat. This duplex offers an amazing opportunity to house hack or even buy as a safe investment in a great location! Unit one : Rent 680, lease - 06/01/17- 05/31/2020Unit Two: Rent 775, lease 11/12/18-11/30/2020Contact the listing agent for more details! 484-784-8113.

Last Agent to Sell the Property

Nehemiah Lindo

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS344732 Listed on: 02/08/2020

Realty One Group Alliance

Last Buyer's Agent

Nehemiah Lindo

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS344732 Listed on: 02/08/2020

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pitched Roof
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 6,970 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 1672
  • Assessor Parcel Number 18-5306-64-42-1672

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding
  • Roof: Flat, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 19900.00
  • Land Assessed Value: 58900.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: C-H

Rental Info

  • Owner Pays: Water, Sewer, Trash Collection
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1465748
  • School Tax: 1413.00
  • Tax Annual Amount: 3410.00
  • Assessor Parcel Number: 18-5306-64-42-1672
  • Tax Lot: 1672
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Jul 6, 2020
Sold by
Bought by
Seller's Agent
Nehemiah Lindo
Realty One Group Alliance
Buyer's Agent
Nehemiah Lindo
Realty One Group Alliance
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%
Current Estimated Value
$202,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,049
Avg. Annual Appreciation
8.23%
Original Mortgage
$100,000
Interest Rate
0.032%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 30, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,320
Interest Rate
0.0392%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 29, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 Stewart Abstract
$120,320 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $174,956
Closed $100,000
Previous Owner $11,320
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2020 07/06/20 Sold $125,000 0.0% --
07/06/2020 07/06/20 Price Changed $125,000 0.0% --
04/03/2020 04/03/20 Pending -- -- --
03/31/2020 03/31/20 Off Market $125,000 -- --
03/10/2020 03/10/20 Price Changed $145,000 -9.4% --
02/08/2020 02/08/20 For Sale $160,000 +18.7% --
05/29/2015 05/29/15 Sold $134,850 +3.9% -- View Prior Sale
03/24/2015 03/24/15 Pending -- -- --
07/08/2014 07/08/14 For Sale $129,850 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,225 $78,800 $58,900 $19,900
2025 $2,139 $78,800 $58,900 $19,900
2024 $3,499 $78,800 $58,900 $19,900
2023 $3,445 $78,800 $58,900 $19,900
2022 $3,445 $78,800 $58,900 $19,900
2021 $3,445 $78,800 $58,900 $19,900
2020 $3,410 $78,800 $58,900 $19,900
2019 $3,410 $78,800 $58,900 $19,900
2018 $3,410 $78,800 $58,900 $19,900
2017 $3,388 $78,800 $58,900 $19,900
2016 $1,935 $78,800 $58,900 $19,900
2015 $1,935 $78,800 $58,900 $19,900
2014 $1,781 $78,800 $58,900 $19,900
Source: Public Records

Agents Affiliated with this Home

  • Nehemiah Lindo

    Seller's Agent in 2020

    Nehemiah Lindo

    Realty One Group Alliance

    (484) 784-8113

    490 Total Sales

    Nehemiah Lindo
    Section Image

  • P

    Seller's Agent in 2015

    Pete Anthony

    Century 21 Gold

  • J

    Seller Co-Listing Agent in 2015

    James Ottaviano

    Century 21 Gold

    (610) 906-0426

    4 Total Sales

    James Ottaviano
    Section Image

  • H

    Buyer's Agent in 2015

    Hector Santiago

    Iron Valley Real Estate of Berks

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK354040

Bright MLS

APN: 18-5306-64-42-1672

Pennsylvania Berks County Reading 19607

918 Lancaster Ave, Reading, PA

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