41 South Sterley Street

Closed 7/30/20

Last Sold Price

$150,000

2 beds2 baths1,358 sqft$110/sqft

41 S Sterley St, Reading, PA 19607

Description

Great investment opportunity. Fully occupied 2-unit in the heart of Shillington. Well maintained. First floor tenant lease runs until the end of July 2020 at $750 month. 2nd floor tenant is a long term tenant and is month to month at $685/mo. 2nd floor unit includes the detached garage ($655-apt and $30-garage). Both units are electric baseboard heat paid by the tenants. There is a gas hot air furnace in the basement that is disconnected because the owner was paying for heat and decided to separate...Great investment opportunity. Fully occupied 2-unit in the heart of Shillington. Well maintained. First floor tenant lease runs until the end of July 2020 at $750 month. 2nd floor tenant is a long term tenant and is month to month at $685/mo. 2nd floor unit includes the detached garage ($655-apt and $30-garage). Both units are electric baseboard heat paid by the tenants. There is a gas hot air furnace in the basement that is disconnected because the owner was paying for heat and decided to separate so tenants would bear this expense. Property is in great shape and would make a great addition to any investor s portfolio. Expenses incurred by the owner are insurance $676/yr. Gas for 1st floor cooking and both units hot water $52.23/mo. Water, sewer, trash and recycling $1569.88/yr.

LISTING CLOSED: 07/30/2020 12:00 AM

Listed by Creighton P Stringer • Pagoda Realty
P: (484) 529-9624 crstringer@msn.com

Property Details for 41 South Sterley Street

Status

Closed

MLS #

PABK358564

Days on Market

Taxes

$3,281 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

1925

Lot Size

0.06 AC / 2,614 SF

County

Berks County

Tax ID Number

77-4395-07-58-8216

Ownership

Fee Simple

HOA

Structure Type

Twin/Semi-Detached

Style

Traditional

Waterfront

Garage

Expected On Market Date

06-05-2020

Municipality

SHILLINGTON BORO

Total Parking Spaces

Central Air

Basement

Yes

Above Grade Finished SQFT

1,358.00

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

Get preapproved with Rocket Mortgage¹

Location

Listing Courtesy of Pagoda Realty

Sold By Pagoda Realty

Add your commute

Building Information for 41 South Sterley Street

Stories-Residences2Year Built1925Building Size-Lot Size0.06 AC / 2,614 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage¹

$1,036 per month

30 year fixed, 6.55% Interest

Principal and Interest

$762

Property Taxes

$273

HOA Dues

The Payment Calculator is for illustrative purposes only.

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

Property Information for 41 South Sterley Street

Location

School District Name: GOVERNOR MIFFLIN
School District County ID: 300200397317

SchoolDistrictSource: Listing Agent
County: BERKS
MLS Area: Shillington Boro (10277)

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: 2020
Tax Assessed Value: $75,600

Year Assessed: 2020
County Tax: $579
Improvement Assessed Value: $51,600
City Town Tax: $540
Land Assessed Value: $24,000
Clean Green Assessed: No
Municipal Trash: Yes
Land Use Code: 161
Zoning: RES
Tax Lot: 8216
School Tax: $2,162
Automatically Update Tax Values Y/N: Yes

Lease Information

Owner Pays: Gas, Sewer, Sewer Maintenance, Taxes - Personal property, Water

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 2

Two Bedroom Units Count: 0
Three Bedroom Units Count: 0
Other Units: Unit 1,Unit 2
Units Furnished: None
Units Leased Count: 2
Number Of Units Vacant: 0
Number Of Units Month To Month: 2

Multi Family

Unit 1

Type: Unit 1
Unit Type Occupied YN: Yes

Level: 1
Beds Total: 1
Full Baths Count: 1
Unit Type Features: Clean & renovated

Unit 2

Type: Unit 2
Unit Type Occupied YN: Yes

Level: 2
Unit Type Lease Type: Month to Month
Beds Total: 1
Full Baths Count: 1
Unit Type Features: Long term tenant

Financial Information

Expenses

Operating Expense Includes: Insurance, Trash
Insurance Expense: $676

Water Avg Month: $131
Water Prev 12 Months: $1,570
Electric Avg Month: $0
Electric Prev 12 Months: $0
Gas Avg Month: $53
Gas Prev 12 Months: $636
Other Expense: $1,569

Financial Information

Annual Rental Income: $17,220
Income Includes: Apartment Rentals, Parking

Existing Lease Type: Month to Month

Building Info

Building Units Total: 2
Total Finished SQFT: 1,358.00

Total Finished SQFT Source: Assessor
Tax Total Finished SQFT: 1,358.00
Total SQFT: 1,358.00
Total SQFT Source: Assessor
Construction Materials: Brick
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/3041/5287/5533/304152875533_512_384_WM_AZwbLtDO6q5dpLDT.jpg
Basement Type: Full

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 0.00 x 0.00

Lot Dimensions Source: Assessor
Parcel ID: 1563296

Parking

Type Of Parking: On Street, Detached Carport
Detached Carport - # of Spaces: 1.0

Carport Spaces Count: 1

Interior Features

Fireplace: No
Fireplaces Count: 0

Accessibility Features: None

Exterior Features

Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Utilities: Natural Gas Available
Heating: Yes

Cooling Type: Other
Cooling Fuel: Other
Heating Type: Baseboard - Electric
Heating Fuel: Electric
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

Property History for 41 South Sterley Street

Date	Event & Source	Price	Appreciation
Jul 30, 2020	Closed (Public Record) Public Record #676812641	$150,000	+2.0% / yr
Jul 30, 2020	Closed BRIGHT #PABK358564	$150,000	—
Jun 9, 2020	Pending BRIGHT #PABK358564		—
Jun 8, 2020	Temp Off Market BRIGHT #PABK358564	$144,900	—
Jun 5, 2020	Listed (Active) BRIGHT #PABK358564	$144,900	—
Aug 3, 2005	Closed BRIGHT #PABK147316	$112,000	—
Jul 29, 2005	Closed (Public Record) Public Record #244107738	$112,000	+17.7% / yr
Jun 17, 2005	Pending BRIGHT #PABK147316		—
Apr 22, 2005	Withdrawn BRIGHT #PABK303472	$119,900	—
Apr 21, 2005	Listed (Active) BRIGHT #PABK147316	$113,500	—
Aug 27, 2004	Listed (Active) BRIGHT #PABK303472	$124,900	—
Sep 11, 2002	Closed (Public Record) Public Record #576023033	$70,000	—
Jul 24, 2002	Expired BRIGHT #PABK268598	$79,900	—
Jan 24, 2002	Listed (Active) BRIGHT #PABK268598	$79,900	—

Date	Event & Source	Price
07/30/2020	Closed (Public Record) Public Record #676812641	$150,000 +2.0% / yr
07/30/2020	Closed BRIGHT #PABK358564	$150,000
06/09/2020	Pending BRIGHT #PABK358564	—
06/08/2020	Temp Off Market BRIGHT #PABK358564	$144,900
06/05/2020	Listed (Active) BRIGHT #PABK358564	$144,900
08/03/2005	Closed BRIGHT #PABK147316	$112,000
07/29/2005	Closed (Public Record) Public Record #244107738	$112,000 +17.7% / yr
06/17/2005	Pending BRIGHT #PABK147316	—
04/22/2005	Withdrawn BRIGHT #PABK303472	$119,900
04/21/2005	Listed (Active) BRIGHT #PABK147316	$113,500
08/27/2004	Listed (Active) BRIGHT #PABK303472	$124,900
09/11/2002	Closed (Public Record) Public Record #576023033	$70,000
07/24/2002	Expired BRIGHT #PABK268598	$79,900
01/24/2002	Listed (Active) BRIGHT #PABK268598	$79,900

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

Public Records for 41 South Sterley Street

Taxable ValueLand$24,000Additions$51,600Total$75,600

Tax Record2026$1,221 ($102 / month)

Home Facts

Beds2Baths2Total Finished SqFt1,358 SqFtAbove Grade Finished SqFt1,358 SqFtStories2Lot Size2,614 SqFtStyleSingle Family ResidenceYear Built1925CountyBERKSAPN77439507588216

Schools near 41 South Sterley Street

This home is within Governor Mifflin School District.


Rating	School	Type	Grades	Distance
5/10	Cumru El School	Public - Serves this home	PK to 4	1.0 mi
6/10	Intermediate School	Public - Serves this home	5 to 6	1.0 mi
4/10	Governor Mifflin Middle School	Public - Serves this home	7 to 8	0.4 mi
6/10	Governor Mifflin Senior High School	Public - Serves this home	9 to 12	0.6 mi
NR	La Salle Academy	Private - Nearby school	PK to 8	0.5 mi


Rating	School	Distance
5/10	Cumru El School PublicPK to 4 Serves this home	1.0 mi
6/10	Intermediate School Public5 to 6 Serves this home	1.0 mi
4/10	Governor Mifflin Middle School Public7 to 8 Serves this home	0.4 mi
6/10	Governor Mifflin Senior High School Public9 to 12 Serves this home	0.6 mi
NR	La Salle Academy PrivatePK to 8 Nearby school	0.5 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.

Similar Homes

New listings in 19607

$319,900 | 7 Bancroft Terrace, Shillington, PA 19607

1/32

Coming Soon

$319,900

3
Bedrooms: 3
Bathrooms: 1,716
Square Feet: 0.03
Acres

7 Bancroft Terrace, Shillington, PA 19607

1/23

$169,000

2
Bedrooms: 2
Bathrooms: 1,524
Square Feet: 0.05
Acres

407 South Wyomissing Avenue, Reading, PA 19607

$319,900 | 11 Fallowfield Circle, Shillington, PA 19607

1/28

Open: 8/23 02:00PM - 04:00PM

$319,900

3
Bedrooms: 3
Bathrooms: 2,100
Square Feet: 0.04
Acres

11 Fallowfield Circle, Shillington, PA 19607

1/47

$310,000

2
Bedrooms: 2
Bathrooms: 1,176
Square Feet: 0.26
Acres

505 Sherwood Street, Reading, PA 19607

1/20

$279,900

3
Bedrooms: 1
Bathrooms: 1,037
Square Feet: 0.1
Acres

1421 Fayette Avenue, Reading, PA 19607

1/29

$225,000

2
Bedrooms: 2
Bathrooms: 1,170
Square Feet

12 E Fairway Road, Reading, PA 19607

1/26

$329,900

3
Bedrooms: 1
Bathrooms: 1,550
Square Feet: 0.18
Acres

134 Gerald Avenue, Reading, PA 19607

1/27

$189,900

2
Bedrooms: 1
Bathrooms: 1,230
Square Feet

415 Mifflin Boulevard, Reading, PA 19607

a picture of a door with a white and white wall

1/12

Listed By Coldwell Banker RealtyNew Construction

$379,900

3
Bedrooms: 3
Bathrooms: 1,596
Square Feet: 0.09
Acres

1537 Gregg Avenue, Reading, PA 19607

Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 41 South Sterley Street, Reading, PA 19607	$150,000	2	2	1,358	2,614
43 South Sterley Street, Reading, PA 19607	$195,000	3	1	1,358	3,484
39 South Sterley Street, Shillington, PA 19607	$200,000	4	1	1,710	3,049
37 South Sterley Street, Shillington, PA 19607	$100,000	4	2	1,964	3,049
45 South Sterley Street, Shillington, PA 19607	$93,000	3	3	1,232	2,614
47 South Sterley Street, Shillington, PA 19607	$93,878	–	–	1,232	3,049
35 South Sterley Street, Reading, PA 19607	$55,000	3	1	1,278	2,178
49 South Sterley Street, Reading, PA 19607	$275,000	4	2	1,934	3,920
42 South Sterley Street, Shillington, PA 19607	$115,000	4	2	1,424	8,276
51 South Sterley Street, Shillington, PA 19607	$158,000	3	1	1,338	3,485
31 South Sterley Street, Unit 400, Shillington, PA 19607	$229,000	2	2	1,632	–
48 South Sterley Street, Shillington, PA 19607	$137,000	3	1	1,080	10,890
31 South Sterley Street, Unit 200, Reading, PA 19607	$239,400	2	2	1,787	–
31 South Sterley Street, Unit 201, Reading, PA 19607	$210,000	2	2	1,370	–
31 South Sterley Street, Unit 301, Reading, PA 19607	$199,000	2	2	1,632	–
31 South Sterley Street, Unit 300, Shillington, PA 19607	$230,000	2	2	1,531	–

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 Pagoda Realty

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.

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

Explore Nearby Homes

Homes in Nearby Shillington Neighborhoods

Homes in Nearby Shillington Cities

Homes in Nearby Shillington Zip Codes