124 West Spring Street

Closed 11/28/16

Sold

Last Sold Price

$73,000

2,059 sqft

124 W Spring St, Reading, PA 19601

Multi FamilyProperty Type

0.04 acresLot Size

1900Year Built

$35/sq ftPrice per sq ft

Description

Meticulously maintained two-unit money maker. Each unit has been well cared for and updated. 1st floor unit includes cherry cabinetry in the kitchen and two large bedrooms. The 2nd floor has a good sized living room, kitchen and two private bedrooms. The building has new windows throughout, a brand new roof and a new gas heating system. Each tenant pays their own hot water and the 1st floor tenant has access to the fenced in back patio. This is a totally turn-key ready two-unit!Meticulously maintained two-unit money maker. Each unit has been well cared for and updated. 1st floor unit includes cherry cabinetry in the kitchen and two large bedrooms. The 2nd floor has a good sized living room, kitchen and two private bedrooms. The building has new windows throughout, a brand new roof and a new gas heating system. Each tenant pays their own hot water and the 1st floor tenant has access to the fenced in back patio. This is a totally turn-key ready two-unit!

Listed by: Mark D Lowe 484.336.5719 mlowe@c21gold.com • Century 21 Gold

Listing closed: 11/28/2016 12:00 AM • Source: BRIGHT, MLS#: 1003892551

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Location

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$594 per month

30 year fixed, 7.03% Interest

Principal and Interest

$390

Property Taxes

$204

HOA Dues

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Property Information for 124 West Spring Street

Property Details

Taxes: $2,450 / year
MLS Type: Multi-Family / Fee Simple
County: Berks County
Tax ID Number: 15-5307-49-55-4613
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Twin/Semi-Detached
Style: Other
Waterfront: No
Garage: No
Subdivision: NONE AVAILABLE
Subdivision: NONE AVAILABLE (BERKS PA)
Municipality: READING CITY
Central Air: No
Basement: Yes
Above Grade Finished SQFT: 2,059.00
Above Grade Fin SQFT Source: Estimated
New Construction: No

Building Information

Year Built: 1900
Lot Size: 0.04 AC / 1,742 SF

Location

School District Name: READING
School District County ID: 300200397169

County: BERKS
MLS Area: Reading City (10201)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2016
Tax Assessed Value: $57,000

Improvement Assessed Value: $47,400
Land Assessed Value: $9,600
Land Use Code: 138R
Zoning: RES
Tax Lot: 4613

Unit Information

Other Units: Unit 1,Unit 2

Rooms

Room List: Primary Bedroom

Rooms Information

Room 1

Room Type: Primary Bedroom
Room Level: Unspecified

Room Exists: Yes

Financial Information

Expenses

Insurance Expense: $500
Water Sewer Expense: $2,700

Annual Heating Expense: $1,500
Annual Gross Expense: $7,150

Financial Information

Gross Income: $16,500

Building Info

Total Finished SQFT: 2,059.00
Total SQFT: 2,059.00

Construction Materials: Stone
Roof: Flat
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3005/4823/3152/300548233152_512_384_WM_OGJxGcERBi9MNnlw.jpg
Flooring Type: Fully Carpeted, Vinyl
Basement Type: Full, Unfinished
Storage: Basement
Property Attached Y/N: true
Other Structure: Above Grade

Lot / Land Information

Lot Size Dimensions: 0
Sign On Property: Yes

Parcel ID: 1455703

Parking

Type Of Parking: On Street
Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: None

Exterior Features

Exterior Features: Sidewalks, Street Lights
Pool: No Pool

Utilities

Heating: Yes
Cooling Type: None

Heating Type: Gas, Hot Water
Heating Fuel: Natural Gas
Hot Water: Electric
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 100 Amp Service

Confidential Data

Listing Office

List Agent AOR: Reading-Berks Association of REALTORS
List Agent URL: www.markdlowe.com

Property History for 124 West Spring Street

Date	Event & Source	Price	Appreciation
Nov 28, 2016	Closed (Public Record) Public Record #584403510	$73,000	+1.3% / yr
Nov 28, 2016	Closed BRIGHT #1003892551	$73,000	—
Oct 4, 2016	Pending BRIGHT #1003892551		—
Mar 24, 2016	Listed (Active) BRIGHT #1003892551	$74,900	—
Aug 23, 2004	Closed (Public Record) Public Record #244074373	$62,500	+54.2% / yr
May 17, 2002	Closed (Public Record) Public Record #576106561	$23,400	—

Date	Event & Source	Price
11/28/2016	Closed (Public Record) Public Record #584403510	$73,000 +1.3% / yr
11/28/2016	Closed BRIGHT #1003892551	$73,000
10/04/2016	Pending BRIGHT #1003892551	—
03/24/2016	Listed (Active) BRIGHT #1003892551	$74,900
08/23/2004	Closed (Public Record) Public Record #244074373	$62,500 +54.2% / yr
05/17/2002	Closed (Public Record) Public Record #576106561	$23,400

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 124 West Spring Street

Taxable ValueLand$9,600Additions$47,400Total$57,000

Tax Record2026$1,609 ($134 / month)

Home Facts

Baths2Total Finished SqFt2,059 SqFtAbove Grade Finished SqFt2,059 SqFtStories3Lot Size1,742 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyBERKSAPN15530749554613

Schools near 124 West Spring Street

This home is within Reading School District.


Rating	School	Type	Grades	Distance
2/10	Riverside El School	Public - Serves this home	PK to 4	0.5 mi
3/10	Northwest Middle School	Public - Serves this home	5 to 8	0.1 mi
1/10	Reading Senior High School	Public - Serves this home	9 to 12	1.3 mi
NR	St Margaret School	Private - Nearby school	PK to 8	0.2 mi
NR	Chor Day Academy	Private - Nearby school	1 to 12	0.8 mi


Rating	School	Distance
2/10	Riverside El School PublicPK to 4 Serves this home	0.5 mi
3/10	Northwest Middle School Public5 to 8 Serves this home	0.1 mi
1/10	Reading Senior High School Public9 to 12 Serves this home	1.3 mi
NR	St Margaret School PrivatePK to 8 Nearby school	0.2 mi
NR	Chor Day Academy Private1 to 12 Nearby school	0.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 124 West Spring Street, Reading, PA 19601	$73,000	–	–	2,059	1,742
122 West Spring Street, Reading, PA 19601	$75,000	–	2	2,020	1,742
120 West Spring Street, Reading, PA 19601	$24,510	4	2	1,959	1,742
128 West Spring Street, Reading, PA 19601	$120,000	–	3	2,196	1,742
130 West Spring Street, Reading, PA 19601	$57,000	5	2	2,528	1,742
118 West Spring Street, Reading, PA 19601	$69,900	6	1	1,970	1,742
116 West Spring Street, Reading, PA 19601	$79,900	6	2	1,998	1,742
945 McKnight Street, Reading, PA 19601	–	6	2	2,243	2,178
114 Spring Street, Reading, PA 19601	$96,270	–	2	2,754	2,614
943 McKnight Street, Reading, PA 19601	$131,000	6	2	1,870	1,742
112 West Spring Street, Reading, PA 19601	$48,900	4	1	2,112	1,742
941 McKnight Street, Reading, PA 19601	$172,000	5	2	1,948	1,742
939 McKnight Street, Reading, PA 19601	$185,000	6	2	1,948	1,742
110 West Spring Street, Reading, PA 19601	–	5	1	2,220	1,307
108 West Spring Street, Reading, PA 19601	$73,000	5	2	2,208	1,307
937 McKnight Street, Reading, PA 19601	$83,000	5	2	1,948	1,742

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Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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