NOT LISTED FOR SALE

1124 Butter Ln Reading, PA 19606

Estimated Value: $345,000 - $362,497

4 Beds
1.5 Baths
2,432 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $320,000 $132 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,989/month

5 Days on Market

Highlights

  • 0.54 Acre Lot
  • Traditional Architecture
  • Attic
  • Exeter Township Senior High School Rated A-
  • Wood Flooring
  • 1-minute walk to Carsonia Park

About This Home

As of May 2023

Character and craftmanship are in abundance in this Exeter Township home that also features a 2 bedroom in-law suite with its own private entrance. The main house has 4 bedrooms, 1.5 baths plus 2 additional bedrooms, kitchen and a full bath in the in-law suite. The updates include kitchen cabinets, corian counters, vinyl plank flooring and an updated bathroom. Most of the wood floors are original and have been well cared for. The interior front entryway is an example of the wood craftmanship that you see throughout the house. You pass the first floor laundry on your way to the 2 bedroom in-law suite with its own separate entrance. The main house is heated with radiators and the in-law suite has radiant heat in the floor. The garage at the rear of the property is used as a storage shed for yard equipment. Situated on over ½ acre, there is a large back yard. There are some replacement windows. The oil burner was replaced in 2001 and has a yearly service contract. Floor Plans are located at the end of the Photo array.

Last Agent to Sell the Property

Kim Marks

(610) 655-7396 kmaya2@verizon.net Coldwell Banker Realty License #RS323944 Listed on: 03/28/2023

Coldwell Banker Realty

Co-Listed By

Ralph Marks

(610) 223-1461 ralph@ralphmarksteam.com Coldwell Banker Realty License #RS310474

Last Buyer's Agent

Todd Sell

(484) 926-0360 toddsellsberks@gmail.com Pagoda Realty

Pagoda Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1920

Lot Details

  • 0.54 Acre Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stone Foundation

Interior Spaces

  • 2,432 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Radiator
  • Heating System Uses Oil
  • Radiant Heating System
  • Summer or Winter Changeover Switch For Hot Water
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9366
  • Assessor Parcel Number 43-5327-18-42-9366

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-28
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric
  • Interior Amenities: Attic, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Island, Upgraded Countertops, Wood Floors
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, In-Law/AuPair/Suite, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2432
  • Living Area Sq Ft: 2432
  • Price Per Sq Ft: 118.83
  • Above Grade Finished Sq Ft: 2432
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • 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: Radiator, Radiant
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 76200.00
  • Land Assessed Value: 30200.00
  • Lot Size Acres: 0.54
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1508034
  • School Tax: 3693.00
  • Tax Annual Amount: 4888.00
  • Assessor Parcel Number: 43-5327-18-42-9366
  • Tax Lot: 9366
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 12, 2023
Sold by
Lerch Ruby E
Bought by
Moore Ian Tanner and Kensil Stephanie Marie
Seller's Agent
Kim Marks
Coldwell Banker Realty
Buyer's Agent
Todd Sell
Pagoda Realty
List Price
$289,000
Sold Price
$320,000
Premium/Discount to List
$31,000
10.73%
Views
170
Current Estimated Value
$351,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,624
Avg. Annual Appreciation
3.72%
Original Mortgage
$256,000
Outstanding Balance
$239,954
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$111,670

Purchase Details

Closed on
Sep 26, 2000
Bought by
Lerch Gregory A and Lerch Ruby E
Source: Public Records

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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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
Moore Ian Tanner $320,000 None Listed On Document
Lerch Gregory A $98,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Ian Tanner $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $320,000 +10.7% $132 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $289,000 -- $119 / 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 $1,663 $106,400 $30,200 $76,200
2024 $5,053 $106,400 $30,200 $76,200
2023 $4,888 $106,400 $30,200 $76,200
2022 $4,833 $106,400 $30,200 $76,200
2021 $4,760 $106,400 $30,200 $76,200
2020 $4,707 $106,400 $30,200 $76,200
2019 $4,655 $106,400 $30,200 $76,200
2018 $4,641 $106,400 $30,200 $76,200
2017 $4,574 $106,400 $30,200 $76,200
2016 $1,155 $106,400 $30,200 $76,200
2015 $1,155 $106,400 $30,200 $76,200
2014 $1,116 $106,400 $30,200 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2027572

Bright MLS

APN: 43-5327-18-42-9366