NOT LISTED FOR SALE

940 N 4th St Reading, PA 19601

Estimated Value: $187,000 - $294,000

4 Beds
2.5 Baths
2,848 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $95,000 $33 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,447/month

Highlights

  • Second Kitchen
  • No HOA
  • Enclosed Patio or Porch
  • 1 Fireplace
  • 1 Car Detached Garage
  • 4-minute walk to Centre Park

About This Home

As of February 2019

Three-story home with many possibilities! This property is currently set up to be used as a single user home, BUT can easily be converted to a 2-3 unit.The first floor consists of LR, DR, kitchen, full bathroom and laundry. Second floor consists of 2 bdrms, full bathroom, potential kitchen, and porch. The third floor has another 2 bdrms, a full bathroom, and a closet that has a kitchen rough-in. There is a detached 3-car garage in the rear, that, if conversion to multi unit is desired, could generate additional income. The property next door, A THREE UNIT, is also for sale/SAME OWNER; if you're looking to boost your investor portfolio, these two homes need to be considered!

Last Agent to Sell the Property

Pete Heim

(610) 745-3378 peter.heim@century21parkroad.com Keller Williams Platinum Realty - Wyomissing License #AB048180L Listed on: 02/05/2019

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Danny Minotto

(610) 763-3585 daniel.minotto.ii@gmail.com Bold Realty

Bold Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1915

Lot Details

  • 3,485

Parking

  • 1 Car Detached Garage

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,848 Sq Ft Home
  • Property has 2.5 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement
  • Exterior Basement Entry
  • Second Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 3,485 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 2526
  • Assessor Parcel Number 14-5307-50-75-2526

Townhouse Details

Home Type

Townhome

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1915
  • Remarks Public: Three-story home with many possibilities! This property is currently set up to be used as a single user home, BUT can easily be converted to a 2-3 unit.The first floor consists of LR, DR, kitchen, full bathroom and laundry. Second floor consists of 2 bdrms, full bathroom, potential kitchen, and porch. The third floor has another 2 bdrms, a full bathroom, and a closet that has a kitchen rough-in. There is a detached 3-car garage in the rear, that, if conversion to multi unit is desired, could generate additional income. The property next door, A THREE UNIT, is also for sale/SAME OWNER; if you're looking to boost your investor portfolio, these two homes need to be considered!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 2848
  • Living Area Sq Ft: 2848
  • Price Per Sq Ft: 31.57
  • Above Grade Finished Sq Ft: 2848
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 940

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas Available
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 53500.00
  • Land Assessed Value: 12000.00
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1453809
  • School Tax: 1174.00
  • Tax Annual Amount: 2835.00
  • Assessor Parcel Number: 14-5307-50-75-2526
  • Tax Lot: 2526
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/28/2019

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Nolt David A and Nolt Rosa E
Bought by
Nolt David A and Nolt Rosa E
Current Estimated Value
$245,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$72,231
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$174,395

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 28, 2019
Sold by
Donatelli Aurelia A and Donatelli Alan
Bought by
Nolt David A and King Rosa E
Seller's Agent
Pete Heim
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Danny Minotto
Bold Realty
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%

Purchase Details

Closed on
Dec 8, 2018
Sold by
Donatelli Donatelli Aurelia A Aurelia A and Donatelli Antonio
Bought by
Donatelli Aurelia A
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 Buyer Sale Price Title Company
Nolt David A -- Power Settlement Group Llc
Nolt David A $95,000 Edge Abstract
Donatelli Aurelia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolt David A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $95,000 0.0% $33 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/11/2019 02/11/19 Off Market $95,000 -- --
02/05/2019 02/05/19 For Sale $89,900 -- $32 / 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 $1,778 $65,500 $12,000 $53,500
2024 $2,908 $65,500 $12,000 $53,500
2023 $2,863 $65,500 $12,000 $53,500
2022 $2,863 $65,500 $12,000 $53,500
2021 $2,863 $65,500 $12,000 $53,500
2020 $2,835 $65,500 $12,000 $53,500
2019 $2,835 $65,500 $12,000 $53,500
2018 $2,835 $65,500 $12,000 $53,500
2017 $2,816 $65,500 $12,000 $53,500
2016 $1,609 $65,500 $12,000 $53,500
2015 $1,609 $65,500 $12,000 $53,500
2014 $1,480 $65,500 $12,000 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK301350

Bright MLS

APN: 14-5307-50-75-2526