1341 Mineral Spring Road

Closed 8/31/15

Sold

Last Sold Price

$124,900

5 beds2 baths2,616 sqft$48/sqft

1341 Mineral Spring Rd, Reading, PA 19602

Multi FamilyProperty Type

3,920 sq ftLot Size

1890Year Built

$48/sq ftPrice per sq ft

2 carsParking Spaces

Description

Well maintained 3 unit ideal for investor with excellent cash flow and fully rented. Features include: 1st floor unit - spacious room sizes, updated modern kitchen with laundry facility, living room, dining room, 2 BR, 1 bath and Sunroom. 2nd floor unit - Spacious rooms, updated kitchen, living room, 2 BE, 1 bath, porch. 3rd unit is actually a unique carriage house located in the rear and is above the detached 2 car garage. 1st floor tenant uses 1 garage bay and 3rd floor tenant is entitled to the...Well maintained 3 unit ideal for investor with excellent cash flow and fully rented. Features include: 1st floor unit - spacious room sizes, updated modern kitchen with laundry facility, living room, dining room, 2 BR, 1 bath and Sunroom. 2nd floor unit - Spacious rooms, updated kitchen, living room, 2 BE, 1 bath, porch. 3rd unit is actually a unique carriage house located in the rear and is above the detached 2 car garage. 1st floor tenant uses 1 garage bay and 3rd floor tenant is entitled to the other garage bay. This unit is a 1 BR efficiency unit. Heating and electric is separate and each tenant is responsible for paying their own heat and electric. Property is city code compliant as of 9/2014. All reasonable offers will be considered

Listed by: Barry Ciabattoni 610.670.2770 BarryC1@ptd.net • RE/MAX Of Reading

Listing closed: 08/31/2015 12:00 AM • Source: BRIGHT, MLS#: 1002649994

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1556 Mineral Spring Road, Reading, PA 19602

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Location

Listing Courtesy of RE/MAX Of Reading

Sold By RE/MAX Of Reading

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$862 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$227

HOA Dues

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Property Information for 1341 Mineral Spring Road

Property Details

Taxes: $2,728 / year
MLS Type: Multi-Family / Fee Simple
County: Berks County
Tax ID Number: 16-5316-06-29-6048
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Interior Row/Townhouse
Style: Other
Waterfront: No
Garage: Yes
Subdivision: NONE AVAILABLE
Subdivision: NONE AVAILABLE (BERKS PA)
Cross Street: CLYMER
Municipality: READING CITY
Total Parking Spaces: 2
Central Air: No
Basement: Yes
Above Grade Finished SQFT: 2,616.00
Above Grade Fin SQFT Source: Estimated
New Construction: No
Construction Completed: No
Property Condition: Good

Building Information

Year Built: 1890
Lot Size: 0.09 AC / 3,920 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: 2015
Tax Assessed Value: $67,400

Improvement Assessed Value: $51,700
Land Assessed Value: $15,700
Land Use Code: 163
Zoning: RES
Tax Lot: 6048

Lease Information

Concessions: Yes
Concessions Amount: $6,145

Concession Remarks: seller assist

Unit Information

Other Units: Unit 1,Unit 2,Unit 3

Rooms

Room List: Primary Bedroom

Multi Family

Unit 1

Type: Unit 2
Unit Type Occupied YN: Yes

Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: MONTH TO MONTH
Total Rooms: 4

Unit 2

Type: Unit 3
Unit Type Occupied YN: Yes

Beds Total: 1
Half Baths Count: 0
Full Baths Count: 0
Unit Type Features: MONTH TO MONTH
Total Rooms: 2

Unit 3

Type: Unit 1
Unit Type Occupied YN: Yes

Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: MONTH TO MONTH
Total Rooms: 6

Financial Information

Expenses

Insurance Expense: $1,752
Water Sewer Expense: $570

Annual Heating Expense: $500
Electric Expense: $100
Other Expense: $1,000
Annual Gross Expense: $6,650

Financial Information

Gross Income: $23,760

Building Info

Total Finished SQFT: 2,616.00
Total SQFT: 2,616.00

Construction Materials: Brick
Roof: Flat
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3006/4841/0982/300648410982_512_384_WM_A2kSXQ2kTumi4qkg.jpg
Flooring Type: Wood, Fully Carpeted, Vinyl
Basement Type: Full, Unfinished
Storage: Basement

Lot / Land Information

Lot Size Dimensions: IRREGULAR
Sign On Property: Yes

Parcel ID: 1458247

Parking

Type Of Parking: On Street, Detached Garage
Num of Detached Garage Spaces: 2

Total Garage Spaces: 2
Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: Washer In Unit, Dryer In Unit
Virtual Tour URL Unbranded: http://tour.circlepix.com/home2/RQ7LWQ

Exterior Features

Exterior Features: Sidewalks, Street Lights
Pool: No Pool

Other Structures: Above Grade

Utilities

Heating: Yes
Cooling Type: Wall Unit

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

Confidential Data

Listing Office

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

Property History for 1341 Mineral Spring Road

Date	Event & Source	Price	Appreciation
Sep 18, 2015	Closed (Public Record) Public Record #558570254	$124,900	-0.7% / yr
Aug 31, 2015	Closed BRIGHT #1002649994	$124,900	—
Jul 20, 2015	Pending BRIGHT #1002649994		—
Jul 6, 2015	Listed (Active) BRIGHT #1002649994	$124,900	—
May 3, 2007	Closed (Public Record) Public Record #244165977	$133,000	—
Apr 30, 2007	Closed BRIGHT #PABK105514	$133,000	—
Apr 25, 2007	Closed (Public Record) Public Record #280523142	$133,000	+31.7% / yr
Mar 24, 2007	Pending BRIGHT #PABK105514		—
Mar 1, 2007	Listed (Active) BRIGHT #PABK105514	$139,900	—
Jun 4, 2004	Closed (Public Record) Public Record #244065208	$60,000	+22.8% / yr
Jun 2, 2004	Closed BRIGHT #PABK132434	$60,000	—
May 1, 2004	Pending BRIGHT #PABK132434		—
Apr 23, 2004	Listed (Active) BRIGHT #PABK132434	$69,000	—
Jun 4, 2003	Closed (Public Record) Public Record #576058424	$48,825	+92.2% / yr
Jul 18, 2002	Closed (Public Record) Public Record #576110871	$27,500	—

Date	Event & Source	Price
09/18/2015	Closed (Public Record) Public Record #558570254	$124,900 -0.7% / yr
08/31/2015	Closed BRIGHT #1002649994	$124,900
07/20/2015	Pending BRIGHT #1002649994	—
07/06/2015	Listed (Active) BRIGHT #1002649994	$124,900
05/03/2007	Closed (Public Record) Public Record #244165977	$133,000
04/30/2007	Closed BRIGHT #PABK105514	$133,000
04/25/2007	Closed (Public Record) Public Record #280523142	$133,000 +31.7% / yr
03/24/2007	Pending BRIGHT #PABK105514	—
03/01/2007	Listed (Active) BRIGHT #PABK105514	$139,900
06/04/2004	Closed (Public Record) Public Record #244065208	$60,000 +22.8% / yr
06/02/2004	Closed BRIGHT #PABK132434	$60,000
05/01/2004	Pending BRIGHT #PABK132434	—
04/23/2004	Listed (Active) BRIGHT #PABK132434	$69,000
06/04/2003	Closed (Public Record) Public Record #576058424	$48,825 +92.2% / yr
07/18/2002	Closed (Public Record) Public Record #576110871	$27,500

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

Public Records for 1341 Mineral Spring Road

Taxable ValueLand$15,700Additions$51,700Total$67,400

Tax Record2026$1,903 ($159 / month)

Home Facts

Beds4Baths3Total Finished SqFt2,616 SqFtAbove Grade Finished SqFt2,616 SqFtStories3Lot Size3,920 SqFtStyleSingle Family ResidenceYear Built1890CountyBERKSAPN16531606296048

Schools near 1341 Mineral Spring Road

This home is within Reading School District.


Rating	School	Type	Grades	Distance
2/10	Sixteenth & Haak El School	Public - Serves this home	PK to 4	0.3 mi
3/10	Central Middle School	Public - Serves this home	5 to 8	0.5 mi
1/10	Reading Senior High School	Public - Serves this home	9 to 12	1.1 mi
NR	Central Catholic High School	Private - Nearby school	9 to 12	0.2 mi
NR	New Story	Private - Choice school	1 to 12	0.2 mi
NR	Fairview Christian School	Private - Nearby school	K to 12	0.2 mi


Rating	School	Distance
2/10	Sixteenth & Haak El School PublicPK to 4 Serves this home	0.3 mi
3/10	Central Middle School Public5 to 8 Serves this home	0.5 mi
1/10	Reading Senior High School Public9 to 12 Serves this home	1.1 mi
NR	Central Catholic High School Private9 to 12 Nearby school	0.2 mi
NR	New Story Private1 to 12 Choice school	0.2 mi
NR	Fairview Christian School PrivateK to 12 Nearby school	0.2 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: 1341 Mineral Spring Road, Reading, PA 19602	$124,900	5	2	2,616	3,920
1339 Mineral Spring Road, Reading, PA 19602	$89,000	6	4	2,893	3,920
1343 Mineral Spring Road, Reading, PA 19602	$205,000	4	2	2,588	1,742
1343 Mineral Spring Road, Unit R, Reading, PA 19602	$65,000	–	–	11,093	–
1345 Mineral Spring Road, Reading, PA 19602	$19,000	3	3	2,520	2,178
1335 Mineral Spring Road, Reading, PA 19602	–	7	3	3,417	3,049
1349 Mineral Spring Road, Reading, PA 19602	$40,000	–	4	4,682	6,970
1325 Mineral Spring Road, Reading, PA 19602	$162,000	3	3	2,307	6,970
1340 Mineral Spring Road, Reading, PA 19602	$200,000	4	2	2,888	3,920
1321 Mineral Spring Road, Reading, PA 19602	$65,000	7	3	3,102	5,663
1338 Mineral Spring Road, Reading, PA 19602	$110,000	6	3	2,964	3,049
1353 Mineral Spring Road, Reading, PA 19602	$100,000	–	–	7,952	8,276
1346 Mineral Spring Road, Reading, PA 19602	$59,900	5	2	2,256	1,742
1337 Mineral Spring Road, Reading, PA 19602	–	3	1	1,512	6,534
1348 Mineral Spring Road, Reading, PA 19602	$75,000	4	1	2,056	1,307
1319 Mineral Spring Road, Reading, PA 19602	$115,000	5	1	2,580	9,583

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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.

Reading, PA

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