NOT LISTED FOR SALE

1005 Terrace Ln Pottstown, PA 19464

North End Neighborhood

Estimated Value: $272,000 - $322,321

3 Beds
2 Baths
1,402 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $99,500 $71 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,121/month

68 Days on Market

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • Shed
  • No HOA
  • Living Room
  • 1-minute walk to Terrace Lane Park

About This Home

As of June 2016

*REO* This corner lot Cape boast a great Island kitchen, plenty of closets, some hardwoods, ceramic kitchen floor, main bedroom on 2nd floor with skylight, C/A, replacement windows, 1st floor has a bath so the den could easily be a bedroom, basement is studded out with outside exit so finishing off for extra space is always desirable. Being sold in "AS IS" condition...FREE title insurance to all buyers through Freddie Mac's title company. Up to $500 for home warranty to all owner occupied buyers. Buyer pays all transfer taxes and is responsible for any borough required repairs.

Last Agent to Sell the Property

Paul Mazzochetti

Coldwell Banker Realty License #AB067797 Listed on: 02/09/2016

Coldwell Banker Realty

Last Buyer's Agent

Jim Marks

Springer Realty Group License #AB068681

Springer Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,567 Sq Ft Lot
  • Property is in good condition
  • Property is zoned RMD

Home Design

  • Cape Cod Architecture
  • Stone Siding

Interior Spaces

  • 1,402 Sq Ft Home
  • Property has 1.5 Levels
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Schools

  • Pottstown Middle School
  • Pottstown Senior High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 16-00-29116-001

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Remarks Public: *REO* This corner lot Cape boast a great Island kitchen, plenty of closets, some hardwoods, ceramic kitchen floor, main bedroom on 2nd floor with skylight, C/A, replacement windows, 1st floor has a bath so the den could easily be a bedroom, basement is studded out with outside exit so finishing off for extra space is always desirable. Being sold in "AS IS" condition...FREE title insurance to all buyers through Freddie Mac's title company. Up to $500 for home warranty to all owner occupied buyers. Buyer pays all transfer taxes and is responsible for any borough required repairs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1402
  • Living Area Sq Ft: 1402
  • Net Sq Ft: 1402.00
  • Price Per Sq Ft: 71.26
  • Above Grade Finished Sq Ft: 1402
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1005

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: POTTSTOWN
  • Middle School: POTTSTOWN
  • High School: POTTSTOWN SENIOR
  • School District Key: 300200397038
  • High School: POTTSTOWN SENIOR
  • Middle Or Junior School: POTTSTOWN

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 0.17
  • Lot Dimensions: 65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7567.00
  • Property Condition: Good
  • Zoning: RMD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 632817
  • Tax Annual Amount: 5284.00
  • Assessor Parcel Number: 16-00-29116-001
  • Tax Lot: 029
  • Tax Year: 2016
  • Close Date: 06/06/2016

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Jun 6, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Galamba Matthew J
Seller's Agent
Paul Mazzochetti
Coldwell Banker Realty
Buyer's Agent
Jim Marks
Springer Realty Group
List Price
$134,900
Sold Price
$99,500
Premium/Discount to List
-$35,400
-26.24%
Current Estimated Value
$296,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,580
Avg. Annual Appreciation
12.51%
Original Mortgage
$97,697
Outstanding Balance
$78,067
Interest Rate
3.61%
Mortgage Type
FHA
Estimated Equity
$218,013

Purchase Details

Closed on
Oct 23, 2015
Sold by
Sheriff Of Montgomery County
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 27, 2010
Sold by
Murray Michele
Bought by
Sanders Georganna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,999
Interest Rate
4.55%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Galamba Matthew J $99,500 None Available
Federal Home Loan Mortgage Corp $20,152 None Available
Sanders Georganna L $169,999 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galamba Matthew J $29,153
Open Galamba Matthew J $97,697
Previous Owner Sanders Georganna L $152,999
Previous Owner Murray Jerry D $20,000
Closed Federal Home Loan Mortgage Corp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $99,500 -0.4% $71 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/12/2016 04/12/16 Price Changed $99,900 -9.1% $71 / Sq Ft
03/14/2016 03/14/16 Price Changed $109,900 -12.0% $78 / Sq Ft
02/19/2016 02/19/16 Price Changed $124,900 -7.4% $89 / Sq Ft
02/09/2016 02/09/16 For Sale $134,900 -- $96 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $6,116 $99,650 $42,020 $57,630
2024 $6,116 $99,650 $42,020 $57,630
2023 $6,033 $99,650 $42,020 $57,630
2022 $6,001 $99,650 $42,020 $57,630
2021 $5,932 $99,650 $42,020 $57,630
2020 $5,829 $99,650 $42,020 $57,630
2019 $5,695 $99,650 $42,020 $57,630
2018 $4,048 $99,650 $42,020 $57,630
2017 $5,325 $99,650 $42,020 $57,630
2016 $5,286 $99,650 $42,020 $57,630
2015 $5,283 $99,650 $42,020 $57,630
2014 $5,252 $99,650 $42,020 $57,630
Source: Public Records

Agents Affiliated with this Home

  • Paul Mazzochetti

    Seller's Agent in 2016

    Paul Mazzochetti

    Coldwell Banker Realty

    (610) 659-6336

    46 Total Sales

    Paul Mazzochetti
    Section Image
  • Jim Marks

    Buyer's Agent in 2016

    Jim Marks

    Springer Realty Group

    (484) 985-9494

    2 in this area

    78 Total Sales

    Jim Marks
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002382960

Bright MLS

APN: 16-00-29116-001

Pennsylvania Montgomery County Pottstown 19464 North End

1005 Terrace Ln, Pottstown, PA

This home is located at 1005 Terrace Ln, Pottstown, PA 19464 since 09 February 2016 and is currently estimated at $296,080, approximately $211 per square foot. This property was built in 1950. 1005 Terrace Ln is a home located in Montgomery County with nearby schools including Pottstown Middle School, Pottstown Senior High School, and Creative Minds Montessori School.

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