NOT LISTED FOR SALE

Estimated Value: $164,000 - $334,000

1 Bed
3 Baths
1,374 Sq Ft
2017 Built

Sale Details

Date Sold: January 14, 2019

Last sale price $80,000 $58 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,547 / mo

619 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Wood Flooring
  • Butlers Pantry
  • Traditional Architecture
  • Balcony
  • 5-minute walk to City Park

About This Home

As of January 2019

Introducing Park Place at Penn: Metropolitan sophistication welcomes you to your professionally redesigned 2-story condo in the heart of downtown Reading just steps from City Park, elegant dining, and entertaining venues. Unified red brick townhouse fa ade presents a tasteful and seamless integration with this historic neighborhood. Automated parking gate located on Penn Street offers personal access to your home from your private garage. Direct your guests to the gracious front entrance on Penn, where they will note the soaring high ceilings, generously-sized living room with new hardwood floors, and open design to a well-appointed kitchen. Dramatic stairwell from the living room to the lower level provides a focal point for artwork or other collections. Custom kitchen cabinetry proffers ample storage, while new stainless appliance package with gas cooking satisfies the home chef. Modern black granite countertops complete the workspace and finish the pendant-illuminated breakfast bar with double sink and large central storage island, offering multiple surfaces to display your culinary creations. Conveniently-located first floor powder room presents comfort for your guests. Central hall ushers you to your sunny master suite with southerly-facing sliding doors and private balcony wide enough to enjoy morning coffee or a good book, with views of the landscaped common area. Brightly-tiled, immense full master bathroom with tastefully elevated picture window invites you to relax in the luxurious soaking tub or freshen up in the custom shower while your partner readies at the large vanity. Descend to the lower level to find additional well-conceived appointments. Private access parking lot your dedicated parking into the building. From the parking lot you enter a hallway with a cozy family room area perfect for comfortable furnishings and an entertainment display. Also laundry room, and a spacious powder room functionally completes the lower level Current condo fees include exterior maintenance, common area maintenance, trash, snow removal and lawn care. Park Place at Penn offers a vibrant urban lifestyle with convenient luxury amenities at a modest price.

Last Agent to Sell the Property

Sean Devine

(610) 376-9999 sands@parealestate.com Sands & Company Real Estate License #RS335366 Listed on: 02/22/2017

Co-Listed By

Sara Achenbach

(610) 898-1441 frontdesk1110@kw.com Keller Williams Platinum Realty - Wyomissing License #RS335687

Last Buyer's Agent

Melissa Newkirk

(610) 372-0212 urestrive212@gmail.com United Real Estate Strive 212 License #RS316307

United Real Estate Strive 212

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Rear-Facing Garage
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,374 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Reading Senior High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • Low-Rise Community

Listing and Financial Details

  • Tax Lot 7063-C01
  • Assessor Parcel Number 03-5317-77-00-7063-C01

Property Details

Home Type

Condominium

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1374
  • Living Area Sq Ft: 1374
  • Net Sq Ft: 1374.00
  • Price Per Sq Ft: 65.43
  • Above Grade Finished Sq Ft: 1374
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Construction Completed: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned, Private
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Parking Lot, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 100.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • High School: READING SENIOR

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5572767
  • Assessor Parcel Number: 03-5317-77-00-7063-C01
  • Tax Lot: 7063-C01
  • Tax Year: 2018

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Jan 18, 2019
Sold by
Reading Housing Authority
Bought by
Seller's Agent
Sean Devine
Sands & Company Real Estate
Buyer's Agent
Melissa Newkirk
United Real Estate Strive 212
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Current Estimated Value
$234,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,204
Avg. Annual Appreciation
15.14%
Original Mortgage
$64,000
Outstanding Balance
$56,033
Interest Rate
5.25%
Mortgage Type
Unknown
Estimated Equity
$178,171

Purchase Details

Closed on
Dec 28, 2007
Sold by
Reading Housing Authority
Bought by
Ritter Floyd P and Ritter Rebekah A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,000 Edge Abstract
Ritter Floyd P $237,829 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $64,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/14/2019 01/14/19 Sold $80,000 0.0% $58 / Sq Ft
11/07/2018 11/07/18 Off Market $80,000 -- --
11/03/2018 11/03/18 Pending -- -- --
10/18/2018 10/18/18 Price Changed $89,900 -25.1% $65 / Sq Ft
02/22/2017 02/22/17 For Sale $120,000 -- $87 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,931 $68,400 $68,400
2025 $1,857 $68,400 $68,400
2024 $3,037 $68,400 $68,400
2023 $2,990 $68,400 $0 $68,400
2022 $2,990 $68,400 $0 $68,400
2021 $2,990 $68,400 $0 $68,400
2020 $2,960 $68,400 $0 $68,400
2019 $1,623 $37,500 $37,500 $0
2018 $0 $37,500 $37,500 $0
2017 $1,612 $37,500 $37,500 $0
2016 -- $37,500 $37,500 $0
2015 -- $37,500 $37,500 $0
2014 -- $37,500 $37,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000254597

Bright MLS

APN: 03-5317-77-00-7063-C01

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