NOT LISTED FOR SALE

1029 Butter Ln Reading, PA 19606

Pennside Neighborhood

Estimated Value: $162,000 - $188,378

2 Beds
1 Bath
1,042 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $165,000 $158 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,046/month

15 Days on Market

Highlights

  • No HOA
  • Heating System Uses Oil
  • 1-minute walk to Carsonia Park
  • Exeter Township Senior High School Rated A-

About This Home

As of April 2024

HIGHEST AND BEST OFFERS DUE SATURDAY March 9th at 5pm. Featuring 2 bedrooms and 1 bathroom, the home offers a cozy layout with plenty of potential for customization and upgrades. One of the property's standout features is the large 2.5-car detached garage, complete with heating, providing a perfect workspace for hobbies, a home business, or additional storage. The convenience of well water, coupled with public sewer services, ensures efficient and cost-effective living. Beneath the home, a full basement awaits, housing the oil tank and offering the versatility of forced air heating throughout. This space is ripe for finishing, further expanding the living area or serving as additional storage or utility space.

While the property does require some TLC, it represents an excellent investment in a neighborhood known for its outstanding educational institutions. Whether you're looking to renovate for personal use or capitalize on the demand for quality homes in great school districts, this property holds significant potential. Embrace the opportunity to transform this house into a cherished home or a lucrative investment in a sought-after location.

Last Listed By

Robert Bunis

Prime Realty Partners License #RS351154 Listed on: 03/06/2024

Prime Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1923

Lot Details

  • 7,840 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 1,042 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3816
  • Assessor Parcel Number 43-5327-18-41-3816

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,605

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-06
  • Federal Flood Zone: No
  • Year Built: 1923
  • Remarks Public: HIGHEST AND BEST OFFERS DUE SATURDAY March 9th at 5pm. Featuring 2 bedrooms and 1 bathroom, the home offers a cozy layout with plenty of potential for customization and upgrades. One of the property's standout features is the large 2.5-car detached garage, complete with heating, providing a perfect workspace for hobbies, a home business, or additional storage. The convenience of well water, coupled with public sewer services, ensures efficient and cost-effective living. Beneath the home, a full basement awaits, housing the oil tank and offering the versatility of forced air heating throughout. This space is ripe for finishing, further expanding the living area or serving as additional storage or utility space. While the property does require some TLC, it represents an excellent investment in a neighborhood known for its outstanding educational institutions. Whether you're looking to renovate for personal use or capitalize on the demand for quality homes in great school districts, this property holds significant potential. Embrace the opportunity to transform this house into a cherished home or a lucrative investment in a sought-after location.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1042
  • Living Area Sq Ft: 1042
  • Price Per Sq Ft: 143.95
  • Above Grade Finished Sq Ft: 1042
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1029

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: EXETER TOWNSHIP
  • School District Key: 300200397319
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 101
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7840.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1968.00
  • Tax Annual Amount: 2605.00
  • Assessor Parcel Number: 43-5327-18-41-3816
  • Tax Lot: 3816
  • Tax Total Finished Sq Ft: 1042
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/16/2024

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 10, 2024
Sold by
Long William R and Long Cheryl
Bought by
Warren William T
Seller's Agent
Robert Bunis
Prime Realty Partners
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$149,995
Sold Price
$165,000
Premium/Discount to List
$15,005
10%
Total Days on Market
15
Views
208
Current Estimated Value
$173,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,595
Avg. Annual Appreciation
4.77%
Original Mortgage
$148,500
Outstanding Balance
$146,956
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$26,639

Purchase Details

Closed on
Oct 8, 1999
Bought by
Long William R

Range of Values:

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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
Warren William T $165,000 None Listed On Document
Long William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren William T $148,500
Previous Owner Long William R $150,000
Previous Owner Long William R $82,000
Previous Owner Long William R $22,522
Previous Owner Long William R $23,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $165,000 +10.0% $158 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $149,995 -- $144 / 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 $952 $56,700 $24,500 $32,200
2024 $2,693 $56,700 $24,500 $32,200
2023 $2,605 $56,700 $24,500 $32,200
2022 $2,576 $56,700 $24,500 $32,200
2021 $2,536 $56,700 $24,500 $32,200
2020 $2,508 $56,700 $24,500 $32,200
2019 $2,481 $56,700 $24,500 $32,200
2018 $2,473 $56,700 $24,500 $32,200
2017 $2,438 $56,700 $24,500 $32,200
2016 $615 $56,700 $24,500 $32,200
2015 $615 $56,700 $24,500 $32,200
2014 $594 $56,700 $24,500 $32,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Bunis

    Seller's Agent in 2024

    Robert Bunis

    Prime Realty Partners

    (609) 220-6311

    2 in this area

    353 Total Sales

    Robert Bunis
    Section Image
  • Paul Isaacson

    Seller Co-Listing Agent in 2024

    Paul Isaacson

    Prime Realty Partners

    (609) 417-0668

    2 in this area

    117 Total Sales

    Paul Isaacson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2040318

Bright MLS

APN: 43-5327-18-41-3816

Pennsylvania Berks County Reading 19606 Pennside

1029 Butter Ln, Reading, PA

Homes for Sale in Reading, PA

This home is located at 1029 Butter Ln, Reading, PA 19606 since 06 March 2024 and is currently estimated at $173,595, approximately $166 per square foot. This property was built in 1923. 1029 Butter Ln is a home located in Berks County with nearby schools including Jacksonwald Elementary School, Exeter Township Junior High School, and Exeter Township Senior High School.

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