Seller's Agent in 2024
Dave Mattes
RE/MAX of Reading
(610) 334-0294
2 in this area
368 Total Sales
1147 Morgantown Rd Reading, PA 19607
Cumru NeighborhoodEstimated Value: $281,000 - $289,000
2
Beds
1
Bath
1,440
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- 1.87 Acre Lot
- Wood Flooring
- 6 Car Detached Garage
- Traditional Architecture
- No HOA
- Porch
About This Home
As of January 2024One of a kind property located on a 1.87+/- acre lot in Governor Mifflin schools. This home is very unique and offers a tremendous amount of possibilities. The property is located in the General Industrial Zoning District. It has made a great home for the current owners and can continue to do so for you. It can also be a fantastic commercial/rental property. Run a business on the premises and use the house as a residential rental? You will really appreciate the amount of off-street parking as you pull up. You enter the home from the rear and will love the privacy of the rear patio as you approach the home. The built-in grill remains. Very convenient laundry room/mud room combo on the main level with extra cabinet storage. Huge eat-in kitchen with plenty of room for a kitchen table and plenty of cabinet space. Spacious first floor that includes a large dining room and huge living room with built in shelving. The living room and dining rooms are large enough that you can have a desk or play area too. The main bath is on this level and features 4' shower and granite top vanity. Huge main bedroom on the 2nd floor with oak flooring, 2 closets plus plenty of eave storage. The second bedroom has a large walk-in closet as well and the safe will remain. The owner recently had the exterior of the home painted as well as the front, sides, trim, and garage doors of the garage. Rubber roof on the main sections of the house. This home has very reasonable taxes in my opinion. Large basement with Bilco-type door for plenty of storage. The garage is huge and features 3 garage doors and 3 man doors. Lots of potential to set these spaces up as you wish. If you just need storage for your vehicles or toys this is the perfect place for you! 1-yr Warranty included with acceptable offer. MUST BE WRITTEN INTO THE OFFER!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,912
Year Built
- Built in 1935
Lot Details
- 1.87 Acre Lot
- Back and Side Yard
- Property is in very good condition
- Property is zoned GENERAL INDUSTRIAL, See attached zoning guides for what's allowed. PLEASE VERIFY ANY USE YOU'D LIKE TO DO WITH THE MUNICIPALITY!
Parking
- 6 Car Detached Garage
- 10 Driveway Spaces
- Front Facing Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Pitched Roof
- Asphalt Roof
- Rubber Roof
Interior Spaces
- 1,440 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Freezer
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Patio
- Shed
- Porch
Location
- Suburban Location
Schools
- Governor Mifflin High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- 100 Amp Service
- Well
- Electric Water Heater
- Municipal Trash
- On Site Septic
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3981
- Assessor Parcel Number 39-5305-02-87-3981
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Jan 17, 2024
Sold by
Wessner Ross W
Bought by
Dppr Enterprises Llc
Seller's Agent
Dave Mattes
RE/MAX Of Reading
Buyer's Agent
Burnell Zeiset
Berkshire Hathaway HomeServices Homesale Realty
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Total Days on Market
44
Views
128
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,358
Avg. Annual Appreciation
6.90%
Original Mortgage
$250,000
Outstanding Balance
$246,991
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$36,367
Purchase Details
Closed on
Feb 27, 2009
Sold by
Garipoli Judith
Bought by
Wessner Ross W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dppr Enterprises Llc | $260,000 | None Listed On Document | |
| Wessner Ross W | $135,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dppr Enterprises Llc | $250,000 | |
| Previous Owner | Wessner Ross W | $124,400 | |
| Previous Owner | Wessner Ross W | $128,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2024 01/17/24 | Sold | $260,000 | -7.1% | $181 / Sq Ft |
| 12/23/2023 12/23/23 | Pending | -- | -- | -- |
| 12/18/2023 12/18/23 | Price Changed | $279,900 | -3.4% | $194 / Sq Ft |
| 12/07/2023 12/07/23 | Price Changed | $289,900 | -3.3% | $201 / Sq Ft |
| 11/09/2023 11/09/23 | For Sale | $299,900 | -- | $208 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,583 | $88,700 | $43,500 | $45,200 |
| 2024 | $4,081 | $88,700 | $43,500 | $45,200 |
| 2023 | $3,967 | $88,700 | $43,500 | $45,200 |
| 2022 | $3,868 | $88,700 | $43,500 | $45,200 |
| 2021 | $3,791 | $88,700 | $43,500 | $45,200 |
| 2020 | $3,791 | $88,700 | $43,500 | $45,200 |
| 2019 | $3,745 | $88,700 | $43,500 | $45,200 |
| 2018 | $3,677 | $88,700 | $43,500 | $45,200 |
| 2017 | $3,606 | $88,700 | $43,500 | $45,200 |
| 2016 | $1,330 | $88,700 | $43,500 | $45,200 |
| 2015 | $1,330 | $88,700 | $43,500 | $45,200 |
| 2014 | $1,330 | $88,700 | $43,500 | $45,200 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Mattes
-
Burnell Zeiset
Buyer's Agent in 2024
Burnell Zeiset
Berkshire Hathaway HomeServices Homesale Realty
(717) 381-9294
1 in this area
159 Total Sales
Map
Similar Homes in Reading, PA
Source: Bright MLS
MLS Number: PABK2035530
APN: 39-5305-02-87-3981
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