Sold
Last Sold Price
2,554 sqft$96/sqft
401 Spring St, Reading, PA 19601
Multi FamilyProperty Type
1,742 sq ftLot Size
1910Year Built
$96/sq ftPrice per sq ft

Description

Large Centre Park Historic District 3 unit in good condition. The units are spacious and tenants would like to remain. Newer gas heater, tenants pay electric and hot water. Don't let this one get away!Large Centre Park Historic District 3 unit in good condition. The units are spacious and tenants would like to remain. Newer gas heater, tenants pay electric and hot water. Don't let this one get away!
  • Listed by: Richard K Heffner 610.670.2770 rheffner@goberkscounty.com • RE/MAX Of Reading
Listing closed: 05/16/2022 12:00 AM • Source: BRIGHT, MLS#: PABK2013278

Recent comparable sales

Median sold price

$255,000

Avg days on market

23

Sale-to-list ratio

94.4%

Reading, PA

9 comparable properties found

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Location

Listing Courtesy of RE/MAX Of Reading

Sold By A G Binkley Jr Real Estate

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Property Information for 401 Spring Street

Property Details
  • Taxes: $2,308 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Berks County
  • Tax ID Number: 14-5307-50-75-3840
  • Ownership: Fee Simple
  • Structure Type: Twin/Semi-Detached
  • Style: Traditional
  • Waterfront: No
  • Garage: No
  • Municipality: READING CITY
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 2,554.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Building Winterized Y/N: No
  • Property Condition: Good
Building Information
  • Residences: 3
  • Year Built: 1910
  • Lot Size: 0.04 AC / 1,742 SF
Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • 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: 2022
  • Tax Assessed Value: $52,800
  • Year Assessed: 2022
  • County Tax: $404
  • Improvement Assessed Value: $43,200
  • City Town Tax: $957
  • Clean Green Assessed: No
  • Land Use Code: 138R
  • Historic: Yes
  • Zoning: RESIDENTIAL
  • Tax Lot: 3840
  • School Tax: $947
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Heat, Insurance, Repairs, Sewer, Taxes - Real Estate, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 3
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
Financial Information
Expenses
  • Operating Expense: $1,735
  • Insurance Expense: $980
  • Trash Expense: $2,335
Financial Information
  • Annual Rental Income: $26,400
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,554.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Road Responsibility: City/County
  • Parcel ID: 1453849
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: www.RickHeffner.com

Property History for 401 Spring Street

DateEvent & SourcePriceAppreciation
May 16, 2022

Closed (Public Record)

Public Record #1490255951

$245,000
May 16, 2022

Closed

BRIGHT #PABK2013278

$245,000
Mar 29, 2022

Pending

BRIGHT #PABK2013278

DateEvent & SourcePrice
05/16/2022

Closed (Public Record)

Public Record #1490255951

$245,000
05/16/2022

Closed

BRIGHT #PABK2013278

$245,000
03/29/2022

Pending

BRIGHT #PABK2013278

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

Public Records for 401 Spring Street

Taxable ValueLand$9,600Additions$43,200Total$52,800
Tax Record2026$1,491 ($124 / month)
Home Facts
Baths3Total Finished SqFt2,554 SqFtAbove Grade Finished SqFt2,554 SqFtStories3Lot Size1,742 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910CountyBERKSAPN14530750753840

Schools near 401 Spring Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Riverside El School
PublicPK to 4

Northwest Middle School
Public5 to 8

Reading Senior High School
Public9 to 12

Chor Day Academy
Private1 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 401 Spring Street, Reading, PA 19601
$245,000
2,554
1,742
$32,500
5
2,003
1,742
$120,000
4
1,941
1,742
$119,000
5
1,950
1,742
$70,100
5
2
1,701
1,742
$56,650
2,076
1,742

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.