Seller's Agent in 2016
John Bolaris
KW Empower
(646) 705-3642
33 Total Sales
10 Open Hearth Dr Reading, PA 19607
Cumru NeighborhoodEstimated Value: $1,137,000 - $1,303,000
5
Beds
6.5
Baths
11,000
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Commercial Range
- Deck
- Newly Remodeled
- 2.4 Acre Lot
- Marble Flooring
About This Home
As of November 2016Welcome to 10 Open Hearth, a custom-built French estate home by Ledge Rock Builders. Situated on 2.5 acres in the private Open Hearth enclave, nestled on a hilltop overlooking Sheerlund Forest, this home is reminiscent of magnificent estates of The Hamptons. Conceived, designed & built by & for the developer himself, but never lived in, only the highest quality of materials, finishes & workmanship were used. The painstaking attention to detail is evident throughout. Upon entry through stately double doors you are greeted by a grand marble entry hall w/ dual sweeping staircases. In the center is a formal living area w/ cathedral ceilings, perfect for receiving guests. The east wing houses a home office, library, conservatory & rain porch. The west wing begins w/ a formal dining room with tray ceiling, shadow-boxed wainscoting & hand-carved fireplace - in fact there are 6 six fireplaces throughout. Through a butler's pantry, a gourmet chef's kitchen is the centerpiece of this home, w/ dual-height island, 2-tone Peruvian wood cabinetry, Viking Professional series appliances, 2 dishwashers, 3 sinks ? all overlooking a wraparound deck. A sunken family room, also w/ cathedral ceilings, is the perfect place to relax with foliage views. A 4-car garage can be found off the mudroom. The second level contains a master bedroom suite, complete w/ sitting room, dual-sided fireplace, dressing foyer & 2 walk-in closets. The master bath features imported Peruvian wood cabinetry, double vanities, heated floors, a 7-head/jet shower, & Jacuzzi soaking tub w/ treetop view. Three additional guest suites complete this level, 2 with balconies. A rear staircase returns you to the kitchen. The lower level of this compound is truly the ultimate in entertainment. The centerpiece of this level is a full kitchen w/ wrap around bar w/ seating for 10. This kitchen also has multiple appliances incl. 2 refrigerators, dishwasher, beer tap, ice maker & wine chiller. After a beautiful al fresco dinner on the wraparound patio, retreat to the home theater for a private screening. Also on this level: 2 family rooms (1 with fireplace); home gym/yoga/dance studio; & 180 bottle wine cellar. The grounds are meticulously manicured & ready for your enjoyment. Crown molding, imported Peruvian woodwork & other fine materials can be found throughout. Other features include 2-zone central vac, home security & surveillance system, mechanical chandeliers for ease of cleaning, whole house audio.
Home Details
Home Type
- Single Family
Year Built
- Built in 2010 | Newly Remodeled
Lot Details
- 2.4 Acre Lot
- Lot Dimensions are 253x415
- Cul-De-Sac
- Southeast Facing Home
- Property is in excellent condition
HOA Fees
- $267 Monthly HOA Fees
Parking
- 4 Car Direct Access Garage
- 3 Open Parking Spaces
- Driveway
Home Design
- French Architecture
- Stone Siding
- Stucco
Interior Spaces
- Property has 2 Levels
- Wet Bar
- Central Vacuum
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Home Security System
Kitchen
- Second Kitchen
- Butlers Pantry
- Built-In Double Oven
- Commercial Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- In-Law or Guest Suite
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Balcony
- Deck
- Patio
- Porch
Schools
- Governor Mifflin Middle School
- Governor Mifflin High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Well
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Built by LEDGE ROCK BUILDERS
- Open Hearth Subdivision, The Grand Floorplan
Listing and Financial Details
- Tax Lot 1192
- Assessor Parcel Number 39-5305-10-45-1192
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2016
Closed on
Oct 31, 2016
Sold by
Ledgerock Builders Lp
Bought by
Tinnemeyer Jillian and Tinnemeyer Joern
Seller's Agent
John Bolaris
KW Empower
Buyer's Agent
Sandy Matz
RE/MAX Of Reading
List Price
$1,600,000
Sold Price
$1,300,000
Premium/Discount to List
-$300,000
-18.75%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,583
Avg. Annual Appreciation
-1.50%
Original Mortgage
$875,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2007
Sold by
Bair Ronald W and Bair Diane M
Bought by
Ledgerock Builders Lp
Purchase Details
Closed on
Jul 28, 2006
Sold by
Gordon Richard D and Gordon Lynda S
Bought by
Bair Ronald W and Bair Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tinnemeyer Jillian | $1,300,000 | None Available | |
| Ledgerock Builders Lp | $250,000 | None Available | |
| Bair Ronald W | $220,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tinnemeyer Joern | $925,000 | |
| Closed | Tinnemeyer Joern | $150,000 | |
| Closed | Tinnemeyer Jillian | $875,000 | |
| Previous Owner | Ledgerock Builders Lp | $1,250,000 | |
| Previous Owner | Ledgerock Builders Lp | $1,100,000 | |
| Previous Owner | Ledgerock Builders Lp | $1,250,000 | |
| Previous Owner | Bair Ronald W | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2016 11/30/16 | Sold | $1,300,000 | -18.8% | $118 / Sq Ft |
| 11/17/2016 11/17/16 | Pending | -- | -- | -- |
| 11/01/2016 11/01/16 | For Sale | $1,600,000 | -- | $145 / 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 | $13,056 | $731,500 | $47,100 | $684,400 |
| 2024 | $33,656 | $731,500 | $47,100 | $684,400 |
| 2023 | $32,714 | $731,500 | $47,100 | $684,400 |
| 2022 | $31,895 | $731,500 | $47,100 | $684,400 |
| 2021 | $31,262 | $731,500 | $47,100 | $684,400 |
| 2020 | $39,882 | $933,200 | $69,700 | $863,500 |
| 2019 | $37,649 | $891,800 | $69,700 | $822,100 |
| 2018 | $36,971 | $891,800 | $69,700 | $822,100 |
| 2017 | $36,253 | $891,800 | $69,700 | $822,100 |
| 2016 | $15,707 | $1,171,200 | $87,400 | $1,083,800 |
| 2015 | $15,707 | $1,171,200 | $87,400 | $1,083,800 |
| 2014 | $15,707 | $1,171,200 | $87,400 | $1,083,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Bolaris
-
Jonathan Silva
Seller Co-Listing Agent in 2016
Jonathan Silva
Compass RE
(267) 242-4231
82 Total Sales
-
Sandy Matz
Buyer's Agent in 2016
Sandy Matz
RE/MAX of Reading
(610) 451-3791
145 Total Sales
Map
Source: Bright MLS
MLS Number: 1003897447
APN: 39-5305-10-45-1192
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