Seller's Agent in 2025
Dianna Alpini
Keller Williams Platinum Realty - Wyomissing
(610) 621-8535
3 in this area
48 Total Sales
1400 Elizabeth Ave Reading, PA 19605
--
Bed
--
Bath
3,673
Sq Ft
7,405
Sq Ft Lot
Highlights
- View of Trees or Woods
- Wood Flooring
- Eat-In Kitchen
- Transitional Architecture
- 3 Car Detached Garage
- 4-minute walk to Laureldale Park
About This Home
As of August 2025**Prime Mixed-Use Commercial Building Opportunity!**Seize an incredible investment opportunity with this versatile mixed-use commercial property! Perfectly situated in a moderate-traffic area with seamless access from Route 222 N., this location boasts exceptional convenience for both business operations and residential living.**Ground Floor:** Ideal space for a salon or any retail/professional business, featuring easy visibility and moderate foot traffic to ensure your venture thrives.**Upper Floors:** A spacious four-bedroom apartment, fully leased with a yearly tenant, offering immediate income potential. **Walk-Out Basement:** Equipped with a small practical workshop area, ample shelving, generous storage space, and a compact kitchen/sink room nestled discreetly under the stairwell. A laundry area and a convenient half bathroom is also accessible in the stairwell.**Parking Options:** The property includes a three-car detached garage, with additional on-street and off-street parking available to accommodate your business and residential needs.**Location Perks:**- Surrounded by a vibrant mix of shopping, dining, and entertainment options. - Proximity to top schools, colleges, and major highways enhances its desirability for both commercial clients and residential tenants.
This property offers a rare blend of business potential and residential comfort, making it a standout choice for investors and entrepreneurs alike. Don’t miss the chance to make this versatile space your own and capitalize on its exceptional location and amenities!
Last Agent to Sell the Property
Keller Williams Platinum Realty - Wyomissing License #RS317683 Listed on: 05/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,998
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
- Property is in very good condition
Parking
- 3 Car Detached Garage
- 3 Driveway Spaces
- Front Facing Garage
- On-Street Parking
Property Views
- Woods
- Mountain
- Garden
Home Design
- Duplex
- Transitional Architecture
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Poured Concrete
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Eat-In Kitchen
Flooring
- Wood
- Tile or Brick
- Vinyl
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Up Access
- Natural lighting in basement
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Hot Water Heating System
- 200+ Amp Service
- 100 Amp Service
- Summer or Winter Changeover Switch For Hot Water
- 60 Gallon+ Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Additional Features
- Ramp on the main level
- Suburban Location
Listing and Financial Details
- The owner pays for repairs, sewer, heat, trash collection, water
- Tax Lot 0986
- Assessor Parcel Number 57-5318-05-19-0986
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Aug 14, 2025
Sold by
Choudhary Rashid and Choudhry Younus
Bought by
Bernard Alexandra
Seller's Agent
Dianna Alpini
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Jennifer Javier
RE/MAX Of Reading
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
142
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.47%
Original Mortgage
$343,660
Outstanding Balance
$343,660
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$4,240
Purchase Details
Listed on
Jul 27, 2022
Closed on
Sep 13, 2022
Sold by
Leibensperger Kyle A
Bought by
Choudhary Rashid and Choudhry Younus
Seller's Agent
Frank Sabatucci
RE/MAX Of Reading
Buyer's Agent
Melissa Graham
United Real Estate Strive 212
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Purchase Details
Closed on
Aug 30, 2006
Sold by
Kinek Thomas J and Kinek Michele K
Bought by
Leibensperger Lewis O and Leibensperger Bertha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 11, 2003
Sold by
Reider Randy D and Reider Carol L
Bought by
Kinek Thomas J and Kinek Michele L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 8, 2002
Sold by
Galen Sherwood D and Galen Bonita K
Bought by
Reider Randy D and Reider Carol L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.07%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | Signature Abstract | |
| Deed | $200,000 | -- | |
| Deed | $161,000 | None Available | |
| Deed | $130,000 | -- | |
| Deed | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $343,660 | FHA | |
| Previous Owner | $51,000 | Credit Line Revolving | |
| Previous Owner | $115,000 | Commercial | |
| Previous Owner | $104,000 | Commercial | |
| Previous Owner | $88,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $350,000 | +1.4% | $95 / Sq Ft |
| 07/13/2025 07/13/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | Price Changed | $345,000 | -2.8% | $94 / Sq Ft |
| 05/25/2025 05/25/25 | Price Changed | $355,000 | -2.7% | $97 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $365,000 | +82.5% | $99 / Sq Ft |
| 09/15/2022 09/15/22 | Sold | $200,000 | -11.1% | $54 / Sq Ft |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- |
| 08/16/2022 08/16/22 | Price Changed | $225,000 | -18.2% | $61 / Sq Ft |
| 07/27/2022 07/27/22 | For Sale | $275,000 | -- | $75 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,261 | $77,300 | $41,500 | $35,800 |
| 2024 | $3,807 | $77,300 | $41,500 | $35,800 |
| 2023 | $3,609 | $77,300 | $41,500 | $35,800 |
| 2022 | $3,551 | $77,300 | $41,500 | $35,800 |
| 2021 | $3,493 | $77,300 | $41,500 | $35,800 |
| 2020 | $3,493 | $77,300 | $41,500 | $35,800 |
| 2019 | $3,422 | $77,300 | $41,500 | $35,800 |
| 2018 | $3,306 | $77,300 | $41,500 | $35,800 |
| 2017 | $3,245 | $77,300 | $41,500 | $35,800 |
| 2016 | $1,005 | $77,300 | $41,500 | $35,800 |
| 2015 | $1,005 | $77,300 | $41,500 | $35,800 |
| 2014 | $1,005 | $77,300 | $41,500 | $35,800 |
Source: Public Records
Agents Affiliated with this Home
-
Dianna Alpini
-
Jennifer Javier
Buyer's Agent in 2025
Jennifer Javier
RE/MAX of Reading
(917) 981-0012
2 in this area
21 Total Sales
-
Frank Sabatucci
Seller's Agent in 2022
Frank Sabatucci
RE/MAX of Reading
(610) 858-4065
1 in this area
49 Total Sales
-
Melissa Graham
Buyer's Agent in 2022
Melissa Graham
United Real Estate Strive 212
(484) 987-8725
2 in this area
114 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2056600
APN: 57-5318-05-19-0986
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