1338 Mineral Spring Road

Closed 12/15/16
Closed 12/15/16
Gallery Image 1
Gallery Image 2
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #2
Unit #2
Unit #2
Unit #2
Unit #2
Unit #3
Unit #3
Unit #3
Unit #3
Unit #3
Unit #3
Unit #3
Unit #3
Last Sold Price
$110,000
6 beds3 baths2,964 sqft$37/sqft
1338 Mineral Spring Rd, Reading, PA 19602

Description

Money Machine, spectacular 3 unit in excellent condition just passed city code inspection. Main level is 1500 sq ft 2 bedroom apt with atrium dining room right off kitchen. Additional 2 bedroom apartments are on the second level. Building is turnkey and ready to show. This property was previously owner occupied and extremely well maintained. No more oil heat, property was converted to gas heating a few years ago. New replacement windows increase energy efficiency. Lower level has laundry room to...Money Machine, spectacular 3 unit in excellent condition just passed city code inspection. Main level is 1500 sq ft 2 bedroom apt with atrium dining room right off kitchen. Additional 2 bedroom apartments are on the second level. Building is turnkey and ready to show. This property was previously owner occupied and extremely well maintained. No more oil heat, property was converted to gas heating a few years ago. New replacement windows increase energy efficiency. Lower level has laundry room to keep long term tenants and individual storage lockers for each apartment. Tenants pay own electric and gas for cooking and hot water. Many attractive architectural elements, stain glass accent to entry with leaded glass half light doors, 9 foot ceilings, curb appeal that looks like a single home. Electric gutter heaters to prevent ice damming.
LISTING CLOSED: 12/15/2016 12:00 AM

  1. Listed by Debbie J Stine • RE/MAX Of Reading
    P: (610) 781-2748 debstine@remax.net
  2. Listed by Jeffrey P Rockett • RE/MAX Of Reading
    P: (610) 670-2770 jrockett@goberkscounty.com

Property Details for 1338 Mineral Spring Road

Status
Closed
MLS #
1003898147
Days on Market
14
Taxes
$3,873 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family / Fee Simple
Year Built
1895
Lot Size
0.07 AC / 3,049 SF
County
Berks County
Tax ID Number
16-5316-06-28-5982
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)
Cross Street
NONE AVAILABLE
Municipality
READING CITY
Central Air
No
Basement
Yes
Above Grade Finished SQFT
2,964.00
Above Grade Fin SQFT Source
Estimated
New Construction
No
Property Condition
Good
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of RE/MAX Of Reading

Sold By Berks Realty Group

Add your commute

Building Information for 1338 Mineral Spring Road

Stories-Residences-Year Built1895Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$882 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$323

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1338 Mineral Spring Road

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • County: BERKS
  • MLS Area: Reading City (10201)
Waterfront / Water Access
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
Taxes and Assessment
  • Tax Year: 2016
  • Tax Assessed Value: $90,100
  • Improvement Assessed Value: $69,100
  • Land Assessed Value: $21,000
  • Land Use Code: 163
  • Zoning: RES
  • Tax Lot: 5982
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Two Bedroom Units Count: 3
  • Other Units: Unit 1,Unit 2,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Financial Information
Expenses
  • Insurance Expense: $999
  • Maintenance Expense: $200
  • Water Sewer Expense: $1,455
  • Annual Heating Expense: $1,300
  • Electric Expense: $270
  • Annual Gross Expense: $8,097
Financial Information
  • Gross Income: $28,800
Building Info
Building Info
  • Total Finished SQFT: 2,964.00
  • Total SQFT: 2,964.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: IRREGULAR
  • Sign On Property: Yes
  • Parcel ID: 1458197
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Street
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: No
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Heating Type: Gas, Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: www.DebStine.com

Property History for 1338 Mineral Spring Road

DateEvent & SourcePriceAppreciation
Dec 15, 2016

Closed (Public Record)

Public Record #586113290

$110,000—
Dec 15, 2016

Closed

BRIGHT #1003898147

$110,000—
Sep 22, 2016

Pending

BRIGHT #1003898147

—
DateEvent & SourcePrice
12/15/2016

Closed (Public Record)

Public Record #586113290

$110,000
12/15/2016

Closed

BRIGHT #1003898147

$110,000
09/22/2016

Pending

BRIGHT #1003898147

—

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

Public Records for 1338 Mineral Spring Road

Taxable ValueLand$21,000Additions$69,100Total$90,100
Tax Record2026$2,544 ($212 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,964 SqFtAbove Grade Finished SqFt2,964 SqFtStories3Lot Size3,049 SqFtStyleSingle Family ResidenceYear Built1895CountyBERKSAPN16531606285982

Schools near 1338 Mineral Spring Road

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Sixteenth & Haak El School
Public - PK to 4
Central Middle School
Public - 5 to 8
Reading Senior High School
Public - 9 to 12
Fairview Christian School
Private - K to 12
Rating
School
Distance
Sixteenth & Haak El School
PublicPK to 4

Central Middle School
Public5 to 8

Reading Senior High School
Public9 to 12

Fairview Christian School
PrivateK to 12

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.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Of Reading

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.