NOT LISTED FOR SALE

1068 Fritztown Rd Sinking Spring, PA 19608

Estimated Value: $395,387 - $478,000

-- Bed
-- Bath
2,378 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $340,000 $143 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,522/month

Highlights

  • Barn
  • 3.19 Acre Lot
  • Pond
  • Wilson High School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of April 2022

Back on the market. Buyer's financing fell through. A spectacular opportunity for the right person or company, this property has so many possibilities! The main house is a 2-unit rental home that is fully occupied. The land is 3+ acres and includes a pond and stream. On the property you will also find a HUGE 52' X 34' barn, a summer kitchen that was turned into a blacksmith forge, a large detached 2 car garage, tons of parking and another outbuilding that contains storage on the lower level and a potential office/man-cave or she-shed on the 2nd level. The main house is stone with a metal roof and includes a porch on both sides. There is a brand new laundry area in the front of the building that is available for tenants to use. I picture a contractor or landscaper, or a small business of some sort being able to utilize the property and gaining income from the rental. (please review all potential business ideas with the township) The barn has so much storage space and the additional 2-story building was built and designed to blend in with the rest of the property. The 2nd floor of the building would make a perfect office or private clubhouse. It also has an entire lower level for additional storage and a high ceiling. The property has public sewer! There is a lot to look at here. Serious inquiries only please.

Last Agent to Sell the Property

Dave Mattes

(610) 334-0294 davidmattes@remax.net RE/MAX Of Reading License #RS-208588-L Listed on: 11/16/2021

RE/MAX Of Reading

Last Buyer's Agent

Jose Candelaria

(610) 207-8066 jcandelaria@goberkscounty.com RE/MAX Of Reading License #RS193774L

RE/MAX Of Reading

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,729

Year Built

  • Built in 1977

Lot Details

  • 3.19 Acre Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 6 Open Parking Spaces
  • 2 Off-Street Spaces
  • Front Facing Garage
  • Parking Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 2,378 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Pond
  • Stream or River on Lot
  • Utility Building

Schools

  • Conrad Weiser High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Suburban Location
  • Barn

Listing and Financial Details

  • The owner pays for real estate taxes, snow removal, sewer maintenance, lawn/shrub care, insurance, heat
  • Tax Lot 0946
  • Assessor Parcel Number 51-4365-04-94-0946

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,729

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: Back on the market. Buyer's financing fell through. A spectacular opportunity for the right person or company, this property has so many possibilities! The main house is a 2-unit rental home that is fully occupied. The land is 3+ acres and includes a pond and stream. On the property you will also find a HUGE 52' X 34' barn, a summer kitchen that was turned into a blacksmith forge, a large detached 2 car garage, tons of parking and another outbuilding that contains storage on the lower level and a potential office/man-cave or she-shed on the 2nd level. The main house is stone with a metal roof and includes a porch on both sides. There is a brand new laundry area in the front of the building that is available for tenants to use. I picture a contractor or landscaper, or a small business of some sort being able to utilize the property and gaining income from the rental. (please review all potential business ideas with the township) The barn has so much storage space and the additional 2-story building was built and designed to blend in with the rest of the property. The 2nd floor of the building would make a perfect office or private clubhouse. It also has an entire lower level for additional storage and a high ceiling. The property has public sewer! There is a lot to look at here. Serious inquiries only please.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dryer - Electric, Washer, Oven/Range - Electric
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2378
  • Living Area Sq Ft: 2378
  • Price Per Sq Ft: 142.94
  • Above Grade Finished Sq Ft: 2378
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1068

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Garage(s), Utility Building
  • Construction Materials: Stone
  • Roof: Metal
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Off Street, Parking Lot, Detached Garage
  • Off Street Parking Spaces: 2
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Well
  • Municipal Trash: No

Schools

  • School District: CONRAD WEISER AREA
  • High School: CONRAD WEISER
  • High School Source: Listing Agent
  • School District Key: 300200397419
  • School District Source: Listing Agent
  • High School: CONRAD WEISER

Lot Info

  • Improvement Assessed Value: 87100.00
  • Land Assessed Value: 67100.00
  • Land Use Code: 4115
  • Lot Features: Stream/Creek, Pond
  • Lot Size Acres: 3.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138956.00
  • Property Condition: Average, Good
  • Year Assessed: 2022
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Real Estate, Snow Removal, Sewer Maintenance, Lawn/Shrub Care, Insurance, Heat
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1522007
  • School Tax: 4839.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 6729.00
  • Assessor Parcel Number: 51-4365-04-94-0946
  • Tax Lot: 0946
  • Tax Page Number: 42
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/20/2022

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CONRAD WEISER AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Apr 19, 2022
Sold by
Fritztown Properties Llc
Bought by
Lawson Michael S and Lawson Amy A
Seller's Agent
Dave Mattes
RE/MAX Of Reading
Buyer's Agent
Jose Candelaria
RE/MAX Of Reading
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$433,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,796
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Sep 19, 2006
Sold by
Strobel George E
Bought by
Firtztown Properties Llc
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
Lawson Michael S $340,000 None Listed On Document
Firtztown Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $340,000 0.0% $143 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/31/2022 03/31/22 Off Market $340,000 -- --
03/14/2022 03/14/22 Price Changed $339,900 -2.9% $143 / Sq Ft
03/04/2022 03/04/22 For Sale $349,900 +2.9% $147 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/08/2022 02/08/22 Off Market $340,000 -- --
01/31/2022 01/31/22 Price Changed $349,900 -4.1% $147 / Sq Ft
01/18/2022 01/18/22 Price Changed $365,000 -3.9% $153 / Sq Ft
12/15/2021 12/15/21 Price Changed $379,900 -5.0% $160 / Sq Ft
11/16/2021 11/16/21 For Sale $399,900 -- $168 / 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 $2,560 $154,200 $67,100 $87,100
2024 $7,063 $154,200 $67,100 $87,100
2023 $6,880 $154,200 $67,100 $87,100
2022 $6,729 $154,200 $67,100 $87,100
2021 $6,543 $154,200 $67,100 $87,100
2020 $6,393 $154,200 $67,100 $87,100
2019 $6,263 $154,200 $67,100 $87,100
2018 $6,131 $154,200 $67,100 $87,100
2017 $5,953 $154,200 $67,100 $87,100
2016 $1,620 $154,200 $67,100 $87,100
2015 $1,620 $154,200 $67,100 $87,100
2014 $1,620 $154,200 $67,100 $87,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2006480

Bright MLS

APN: 51-4365-04-94-0946