Check Availability

1009 Franklin Street

1009 Franklin Street, Reading, PA 19602
Sold Sep 09, 2014
$27,000
$26,510 by American Bank
Mortgage Due Sep 01, 2039
Sold Apr 29, 2004
$56,900
$48,365 by Countrywide Home Loans Inc
Mortgage Due May 01, 2034
Local assessors in Reading, PA have categorized 1009 Franklin Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1009 Franklin Street has a total of 1,919 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. The property was last sold in Aug 4, 2014 for $27,000. That's $14.07 per sqft. Prior to that sales transaction, the property was also sold in Apr 23, 2004 for $56,900. 1009 Franklin Street was last assessed in 2023. The total value of the property was assessed at $35,100. Specifically, the land the property is located on was valued at $7,700. While improvements on the property were assessed at a total of $27,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,534. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,919
  • Gross Building Area: 1,919
  • Building Area: 1,919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,919
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : MUNOZ LUIS
  • Current Owner 2: MUNOZ CARMEN
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: RIVAS NOEMI
  • Owner Before Previous Owner 2: GUILBE EMILIO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 001900

Geography

  • Assessors Map Reference: 035316
  • Account Number: 3382500
  • District: 03
  • Parcel: 03-5316-21-09-6688
  • Block: 96
  • Municipality: READING CITY
  • Latitude: 40.3337
  • Longitude: -75.9177

    Address

  • Full Address: 1009 Franklin St
  • Address - House Number: 1009
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: PA
  • City Name: Reading
  • Carrier Code: C063
  • 4-Digit Zip Code: 1205
  • Zip Code: 19602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,534
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.3209
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 35
  • Final Value: 229,077
  • High Value: 302,591
  • Low Value: 155,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $26,510
  • First Open Lien Mortgage Lender: AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Sep 09, 2014
  • First Open Lien Mortgage Loan Amount: $26,510
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2039

    Market Valuation

  • Market Total Value: $35,100
  • Market Land Value: $7,700
  • Market Improvement Value: $27,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,100
  • Assessed Land Value: $7,700
  • Assessed Improvements Value: $27,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2014
  • Current Sale Recording Date: Sep 09, 2014
  • Current Sale Transaction ID: 1059396464
  • Current Sale Price: $27,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014029526
  • Previous Sale Recording Date: Apr 29, 2004
  • Previous Sale Contract Date: Apr 23, 2004
  • Previous Sale Amount: $56,900
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANK
  • First Mortgage Transaction Date: Sep 09, 2014
  • First Mortgage Loan Amount: $26,510
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 29, 2004
  • Previous Mortgage Loan Amount: $48,365
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2034

About Southeast Reading



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 540 Court St #26, READING, PA, 19601

$700 /mo

  • Studio
540 Court St #26, READING, PA, 19601 Listing by Jocelyn Roncase

Frequently Asked Questions

What neighborhood is 1009 Franklin Street located in?
The 1009 Franklin Street is a located in the neighborhood of Southeast Community in Southeast Reading, Reading.
What is the average sales price for listings in 1009 Franklin Street?
The average sales price for units in 1009 Franklin Street is $0 currently.

Quantcast