840 Lancaster Avenue

Closed 9/13/16

Sold

Last Sold Price

$110,000

9 beds4 baths4,079 sqft

840 Lancaster Ave, Reading, PA 19607

Multi FamilyProperty Type

0.12 acresLot Size

1936Year Built

$27/sq ftPrice per sq ft

Description

Versatile (3) unit multi-use property with good exposure, zoned Residential with City of Reading. The front building has 2 units. The main level is 1 or 2BR and 1 BA. The upper level is 3BR and 1BA. Laundry hookups are in the basement to share. The rear unit is large with 2.5BA, laundry room, and areas for potentially 4 sleeping rooms. Each of the 3 units operates with it's own gas-fired heater. Safety inspection complete with City of Reading.Versatile (3) unit multi-use property with good exposure, zoned Residential with City of Reading. The front building has 2 units. The main level is 1 or 2BR and 1 BA. The upper level is 3BR and 1BA. Laundry hookups are in the basement to share. The rear unit is large with 2.5BA, laundry room, and areas for potentially 4 sleeping rooms. Each of the 3 units operates with it's own gas-fired heater. Safety inspection complete with City of Reading.

Listed by: Frank Sabatucci 610.670.2770 fsabatucci@goberkscounty.com • RE/MAX Of Reading

Listing closed: 09/13/2016 12:00 AM • Source: BRIGHT, MLS#: 1003893489

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Avg days on market

Sale-to-list ratio

96.3%

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Location

Listing Courtesy of RE/MAX Of Reading

Sold By Weichert Realtors Neighborhood One

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Principal and Interest

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Property Taxes

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Property Information for 840 Lancaster Avenue

Property Details

Taxes: $2,859 / year
MLS Type: Multi-Family / Fee Simple
County: Berks County
Tax ID Number: 18-5306-64-42-4767
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Interior Row/Townhouse
Style: Other
Waterfront: No
Garage: No
Subdivision: NONE AVAILABLE
Subdivision: NONE AVAILABLE (BERKS PA)
Cross Street: NEW HOLLAND
Municipality: READING CITY
Central Air: Yes
Basement: Yes
Above Grade Finished SQFT: 4,079.00
Above Grade Fin SQFT Source: Estimated
New Construction: No
Property Condition: Below Average

Building Information

Year Built: 1936
Lot Size: 0.12 AC / 5,227 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: $66,500

Improvement Assessed Value: $18,200
Land Assessed Value: $48,300
Land Use Code: 4116
Zoning: RES
Tax Lot: 4767

Lease Information

Concessions: Yes
Concessions Amount: $6,600

Concession Remarks: seller assist

Unit Information

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

Two Bedroom Units Count: 1
Three Bedroom Units Count: 2
Other Units: Unit 1,Unit 2,Unit 3

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 Type Features: FRONT UNIT LOWER
Total Rooms: 4

Unit 2

Type: Unit 3
Unit Type Occupied YN: No

Beds Total: 4
Half Baths Count: 1
Full Baths Count: 2
Unit Type Baths Total: 3
Unit Type Features: REAR UNIT
Total Rooms: 6

Unit 3

Type: Unit 2
Unit Type Occupied YN: No

Beds Total: 3
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: FRONT UNIT UPPER
Total Rooms: 5

Financial Information

Expenses

Annual Gross Expense: $2,824

Building Info

Total Finished SQFT: 4,079.00
Total SQFT: 4,079.00

Construction Materials: Vinyl Siding, Brick
Roof: Pitched, Shingle
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3005/5627/9497/300556279497_512_384_WM_PcmQ5SAdAY-_ZKND.jpg
Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
Basement Type: Full, Unfinished, Outside Entrance
Foundation Details: Brick/Mortar, Slab
Storage: Basement

Lot / Land Information

Lot Size Dimensions: IRREG
Sign On Property: Yes

Parcel ID: 1465760

Parking

Type Of Parking: On Street
Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: Common, Hookup
Virtual Tour URL Unbranded: http://tour.circlepix.com/home2/L2Z6T6

Exterior Features

Exterior Features: Sidewalks, Street Lights
Pool: No Pool

Other Structures: Above Grade

Utilities

Heating: Yes
Cooling: Yes

Cooling Type: Central A/C, None
Heating Type: Gas, Hot Water, Forced Air, Baseboard
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 Office Ext: 3077
List Agent Preferred Phone Ext: 3077

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

Property History for 840 Lancaster Avenue

Date	Event & Source	Price	Appreciation
Sep 13, 2016	Closed BRIGHT #1003893489	$110,000	—
Jul 8, 2016	Closed (Public Record) Public Record #579265849	$110,000	+6.2% / yr
May 24, 2016	Pending BRIGHT #1003893489		—
Apr 22, 2016	Listed (Active) BRIGHT #1003893489	$129,900	—
Oct 31, 2013	Expired BRIGHT #1007287748	$200,000	—
Apr 23, 2013	Listed (Active) BRIGHT #1007287748	$200,000	—
May 16, 2012	Withdrawn BRIGHT #1009451046	$189,900	—
Nov 20, 2011	Listed (Active) BRIGHT #1009451046	$189,900	—
Dec 12, 2008	Closed (Public Record) Public Record #263167200	$70,000	+1.6% / yr
Apr 30, 2008	Expired BRIGHT #PABK282280	$120,000	—
Oct 12, 2007	Listed (Active) BRIGHT #PABK282280	$169,000	—
Sep 17, 2005	Expired BRIGHT #PABK273572	$289,900	—
Jun 17, 2005	Listed (Active) BRIGHT #PABK273572	$299,900	—
May 21, 2004	Closed (Public Record) Public Record #244063283	$65,000	+11.9% / yr
Jan 24, 2003	Closed (Public Record) Public Record #576123280	$56,000	—
Dec 31, 2002	Expired BRIGHT #PABK267702	$80,000	—
Nov 7, 2001	Listed (Active) BRIGHT #PABK267702	$80,000	—

Date	Event & Source	Price
09/13/2016	Closed BRIGHT #1003893489	$110,000
07/08/2016	Closed (Public Record) Public Record #579265849	$110,000 +6.2% / yr
05/24/2016	Pending BRIGHT #1003893489	—
04/22/2016	Listed (Active) BRIGHT #1003893489	$129,900
10/31/2013	Expired BRIGHT #1007287748	$200,000
04/23/2013	Listed (Active) BRIGHT #1007287748	$200,000
05/16/2012	Withdrawn BRIGHT #1009451046	$189,900
11/20/2011	Listed (Active) BRIGHT #1009451046	$189,900
12/12/2008	Closed (Public Record) Public Record #263167200	$70,000 +1.6% / yr
04/30/2008	Expired BRIGHT #PABK282280	$120,000
10/12/2007	Listed (Active) BRIGHT #PABK282280	$169,000
09/17/2005	Expired BRIGHT #PABK273572	$289,900
06/17/2005	Listed (Active) BRIGHT #PABK273572	$299,900
05/21/2004	Closed (Public Record) Public Record #244063283	$65,000 +11.9% / yr
01/24/2003	Closed (Public Record) Public Record #576123280	$56,000
12/31/2002	Expired BRIGHT #PABK267702	$80,000
11/07/2001	Listed (Active) BRIGHT #PABK267702	$80,000

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

Public Records for 840 Lancaster Avenue

Taxable ValueLand$48,300Additions$18,200Total$66,500

Tax Record2026$1,877 ($156 / month)

Home Facts

Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories1Lot Size5,227 SqFtStyleOffice BuildingYear Built1935CountyBERKSAPN18530664424767

Schools near 840 Lancaster Avenue

This home is within Reading School District.


Rating	School	Type	Grades	Distance
3/10	Millmont El School	Public - Serves this home	PK to 4	0.6 mi
3/10	Central Middle School	Public - Serves this home	5 to 8	2.2 mi
1/10	Reading Senior High School	Public - Serves this home	9 to 12	2.8 mi
NR	Opportunities School	Private - Nearby school	1 to 8	0.2 mi
NR	NHS School of Reading	Private - Nearby school	K to 12	0.2 mi
NR	Northwestern Human Services	Private - Nearby school	6 to 12	0.2 mi


Rating	School	Distance
3/10	Millmont El School PublicPK to 4 Serves this home	0.6 mi
3/10	Central Middle School Public5 to 8 Serves this home	2.2 mi
1/10	Reading Senior High School Public9 to 12 Serves this home	2.8 mi
NR	Opportunities School Private1 to 8 Nearby school	0.2 mi
NR	NHS School of Reading PrivateK to 12 Nearby school	0.2 mi
NR	Northwestern Human Services Private6 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: 840 Lancaster Avenue, Reading, PA 19607	$110,000	9	4	4,079	5,227
842 Lancaster Avenue, Reading, PA 19607	–	–	–	2,584	–
844 Lancaster Avenue, Reading, PA 19607	$37,000	3	1	1,938	2,614
846 Lancaster Avenue, Reading, PA 19607	$40,000	5	1	1,818	2,614
850 Lancaster Avenue, Reading, PA 19607	–	–	–	3,176	–
848 Lancaster Avenue, Reading, PA 19607	–	5	1	1,896	3,049
900 Lancaster Avenue, Reading, PA 19607	$235,000	–	–	4,400	12,197
830 Lancaster Avenue, Reading, PA 19607	–	–	–	4,123	–
25 Hancock Boulevard, Reading, PA 19607	$189,900	3	1	1,344	1,306
855 Lancaster Avenue, Reading, PA 19607	–	–	–	1,880	–
839 Fern Avenue, Reading, PA 19607	–	–	–	2,173	–
843 Fern Avenue, Reading, PA 19607	–	–	–	2,400	–
847 Fern Avenue, Reading, PA 19607	–	–	–	4,500	–
800 Lancaster Avenue, Reading, PA 19607	$815,000	–	–	2,112	28,750
831 New Holland Road, Reading, PA 19607	–	–	–	–	–
914 Lancaster Avenue, Reading, PA 19607	–	–	–	2,720	–

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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.

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