NOT LISTED FOR SALE

946 N 6th St Reading, PA 19601

Estimated Value: $114,496

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold August 18, 2020

Last sale price $80,000

Est. 43% increase in value since last sale

Current estimated payment $695/month

6 Days on Market

Highlights

  • Transitional Architecture
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of August 2020

Great 2 unit home just outside the Center Park Historic District. Home is getting premium rents and ready to turn a profit for you. Both units rented. Unit 1 rents for 725 A month. Unit 2 Rents for 775 a month. Managed by a professional property management company. Home in very good condition and ready to take over.

Last Listed By

Sheldon Zimmerman

Peak Asset Realty License #RS300848 Listed on: 07/10/2020

Peak Asset Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1925

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Transitional Architecture
  • Vinyl Siding
  • Masonry

Utilities

  • Hot Water Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for gas, electricity, heat, sewer, water, trash collection
  • Tax Lot 3623
  • Assessor Parcel Number 14-5307-51-85-3623

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $561
  • Trash Expense $408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,091

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Great 2 unit home just outside the Center Park Historic District. Home is getting premium rents and ready to turn a profit for you. Both units rented. Unit 1 rents for 725 A month. Unit 2 Rents for 775 a month. Managed by a professional property management company. Home in very good condition and ready to take over.
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 946

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: 10800.00
  • Land Assessed Value: 14400.00
  • Land Use Code: 4118
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2020
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Gas, Electricity, Heat, Sewer, Water, Trash Collection
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1454288
  • School Tax: 452.00
  • Tax Annual Amount: 1091.00
  • Assessor Parcel Number: 14-5307-51-85-3623
  • Tax Lot: 3623
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/18/2020

Multi Family

  • Gross Income: 18000.00

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 18, 2020
Sold by
Oldtown Llc
Bought by
946 N 6Th Street Trust
Seller's Agent
Sheldon Zimmerman
Peak Asset Realty
Buyer's Agent
Kelley Ewing
Realty Mark Associates - KOP
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Total Days on Market
6
Current Estimated Value
$114,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,496
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Apr 11, 2011
Closed on
May 19, 2014
Sold by
Lewis Laxton and Lewis Sharon
Bought by
Oldtown Llc
Seller's Agent
Katherine Werst
CENTURY21 Epting Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Closed on
Aug 17, 2004
Sold by
Carabello Amy
Bought by
Bank Of New York

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 Buyer Sale Price Title Company
946 N 6Th Street Trust $80,000 Stewart Abstract Of Berks Cn
Oldtown Llc $35,000 None Available
Bank Of New York $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A Pennsylvania Llc $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $80,000 +0.1% --
07/16/2020 07/16/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $79,900 +128.3% --
05/27/2014 05/27/14 Sold $35,000 -41.6% --
04/21/2014 04/21/14 Pending -- -- --
04/11/2011 04/11/11 For Sale $59,900 -- --
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 $684 $25,200 $14,400 $10,800
2024 $1,119 $25,200 $14,400 $10,800
2023 $1,102 $25,200 $14,400 $10,800
2022 $1,102 $25,200 $14,400 $10,800
2021 $1,102 $25,200 $14,400 $10,800
2020 $1,091 $25,200 $14,400 $10,800
2019 $1,091 $25,200 $14,400 $10,800
2018 $1,091 $25,200 $14,400 $10,800
2017 $1,083 $25,200 $14,400 $10,800
2016 $619 $25,200 $14,400 $10,800
2015 $619 $25,200 $14,400 $10,800
2014 $570 $25,200 $14,400 $10,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK360562

Bright MLS

APN: 14-5307-51-85-3623