NOT LISTED FOR SALE

1028 Lancaster Ave Reading, PA 19607

Estimated Value: $181,000 - $236,576

3 Beds
1.5 Baths
1,416 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $44,000 $31 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $1,331/month

118 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of July 2013

Three bedroom row home in good condition. Home has a detached garage in rear for offstreet parking. Original hardwood flooring in main level. Property has commercial possibilities as there are other businesses located on this block in similar style properties. This property is eligible under the Freddie Mac First Look Initiative through February 15, 2013. Investors may submit an offer at anytime, however the offer will not be considered for negotiation until after the 15 day time period for owner occupant Buyers. Seller will offer a credit up to $500 toward a Home Warranty of Buyers choice for owner occupant offers. The buyer must identify and select the home warranty company and plan of their choice. The buyer or selling agent is responsible for providing the closing firm with the home warranty invoice to disburse payment at closing. HOME WARRANTY MUST BE SUBMITTED W/OFFER. Buyer pays all transfer tax.

Last Agent to Sell the Property

Christopher Giovenco

Rudy Amelio Real Estate Listed on: 02/01/2013

Rudy Amelio Real Estate

Co-Listed By

Rudy Amelio

Rudy Amelio Real Estate License #RM422676

Last Buyer's Agent

Deb Bensinger

RE/MAX Of Reading License #RS308121

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 20x180

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5269
  • Assessor Parcel Number 18-5306-18-32-5269

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Three bedroom row home in good condition. Home has a detached garage in rear for offstreet parking. Original hardwood flooring in main level. Property has commercial possibilities as there are other businesses located on this block in similar style properties. This property is eligible under the Freddie Mac First Look Initiative through February 15, 2013. Investors may submit an offer at anytime, however the offer will not be considered for negotiation until after the 15 day time period for owner occupant Buyers. Seller will offer a credit up to $500 toward a Home Warranty of Buyers choice for owner occupant offers. The buyer must identify and select the home warranty company and plan of their choice. The buyer or selling agent is responsible for providing the closing firm with the home warranty invoice to disburse payment at closing. HOME WARRANTY MUST BE SUBMITTED W/OFFER. Buyer pays all transfer tax.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Net Sq Ft: 1416.00
  • Price Per Sq Ft: 35.24
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1028

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: READING
  • School District Key: 300200397169

Lot Info

  • Improvement Assessed Value: 51500.00
  • Land Assessed Value: 20700.00
  • Land Use Code: 161
  • Lot Size Acres: 0.08
  • Lot Dimensions: 20X180
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1464004
  • Tax Annual Amount: 2757.00
  • Assessor Parcel Number: 18-5306-18-32-5269
  • Tax Lot: 5269
  • Tax Year: 2012
  • Close Date: 07/03/2013

MLS Schools

  • School District Name: READING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jun 26, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Messner Daniel Ray
Seller's Agent
Christopher Giovenco
Rudy Amelio Real Estate
Buyer's Agent
Deb Bensinger
RE/MAX Of Reading
List Price
$59,900
Sold Price
$44,000
Premium/Discount to List
-$15,900
-26.54%
Current Estimated Value
$214,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,394
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Jan 21, 2013
Sold by
Daniel Ryan K and Columbo Krista M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 29, 2005
Sold by
Garzon Luz Marina Alarcon
Bought by
Daniel Ryan K and Columbo Krista M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2001
Sold by
Ramirez Fernando
Bought by
Garzon Luz Marina Alarcon
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
Messner Daniel Ray $44,000 None Available
Federal Home Loan Mortgage Corporation $1,900 None Available
Daniel Ryan K $74,000 --
Garzon Luz Marina Alarcon $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Ryan K $7,500
Previous Owner Daniel Ryan K $59,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2013 07/03/13 Sold $44,000 -11.8% $31 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/05/2013 05/05/13 Price Changed $49,900 -16.7% $35 / Sq Ft
05/03/2013 05/03/13 For Sale $59,900 +36.1% $42 / Sq Ft
05/02/2013 05/02/13 Off Market $44,000 -- --
03/07/2013 03/07/13 Price Changed $59,900 -14.3% $42 / Sq Ft
02/01/2013 02/01/13 For Sale $69,900 -- $49 / 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 $1,960 $72,200 $20,700 $51,500
2024 $3,206 $72,200 $20,700 $51,500
2023 $3,156 $72,200 $20,700 $51,500
2022 $3,156 $72,200 $20,700 $51,500
2021 $3,156 $72,200 $20,700 $51,500
2020 $3,125 $72,200 $20,700 $51,500
2019 $3,125 $72,200 $20,700 $51,500
2018 $3,125 $72,200 $20,700 $51,500
2017 $3,104 $72,200 $20,700 $51,500
2016 $1,773 $72,200 $20,700 $51,500
2015 $1,773 $72,200 $20,700 $51,500
2014 $1,632 $72,200 $20,700 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003320958

Bright MLS

APN: 18-5306-18-32-5269