1161 Morgantown Rd Reading, PA 19607
Cumru NeighborhoodEstimated Value: $251,000 - $332,000
4
Beds
2
Baths
1,680
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- 1.97 Acre Lot
- Two Story Ceilings
- Traditional Architecture
- Wood Burning Stove
- Partially Wooded Lot
- Wood Flooring
About This Home
As of August 2022Are you looking for a Move-in Ready Old Farm Home with a large garage? Then, this beautifully updated farmhouse is calling your name. This Farm Home's new family will enjoy two new baths, an updated kitchen with all new stainless steel appliances, new flooring through out, updated heating and cooling, and a fresh cosmetic facelift throughout. The side yard is fenced in for pets. The entire lot is just under 2 acres. The large detached metal garage is 50 by 30 foot has two garage doors, electric throughout, a small office, and a loft . This farmhouse's new family will have plenty of garage and storage space.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,173
Year Built
- Built in 1930 | Remodeled in 2022
Lot Details
- 1.97 Acre Lot
- Stone Retaining Walls
- Chain Link Fence
- Partially Wooded Lot
- Backs to Trees or Woods
- Front Yard
- Property is in very good condition
- Property is zoned BUYER AGENT TO VERIFY
Parking
- 6 Car Detached Garage
- 3 Driveway Spaces
- Front Facing Garage
- Gravel Driveway
Home Design
- Traditional Architecture
- Stone Foundation
- Frame Construction
- Batts Insulation
- Shingle Roof
- Shingle Siding
- Vinyl Siding
- Stick Built Home
- Copper Plumbing
- Asphalt
Interior Spaces
- 1,680 Sq Ft Home
- Property has 2 Levels
- Two Story Ceilings
- Ceiling Fan
- 1 Fireplace
- Wood Burning Stove
- Family Room
- Living Room
- Formal Dining Room
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- Whirlpool Bathtub
- Bathtub with Shower
- Walk-in Shower
Basement
- Partial Basement
- Interior and Exterior Basement Entry
Outdoor Features
- Exterior Lighting
- Outbuilding
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5712
- Assessor Parcel Number 39-5305-02-87-5712
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2022
Closed on
Aug 19, 2022
Sold by
Evolution Realty Llc
Bought by
Tolentino Elfego Ayala
Seller's Agent
DAVE JOHNSON
Stout Associates Realtors
Buyer's Agent
Christie Englehart
Iron Valley Real Estate of Berks
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
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
$40,530
Avg. Annual Appreciation
6.87%
Original Mortgage
$165,000
Outstanding Balance
$158,785
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$143,715
Purchase Details
Listed on
Sep 6, 2021
Closed on
Nov 22, 2021
Sold by
Caruso James M and Caruso Patricia
Bought by
Evolution Realty Llc
Seller's Agent
Loretta Leibert
BHHS Homesale Realty- Reading Berks
Buyer's Agent
DAVE JOHNSON
Stout Associates Realtors
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.15%
Original Mortgage
$153,315
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Closed on
May 18, 2010
Sold by
Caruso James M
Bought by
Caruso James M and Caruso Patricia
Purchase Details
Closed on
May 2, 2005
Sold by
Rainey James Joseph and Rainey Susan L
Bought by
Caruso James M
Similar Homes in Reading, PA
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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 |
|---|---|---|---|
| Tolentino Elfego Ayala | $240,000 | None Listed On Document | |
| Evolution Realty Llc | $130,000 | Sentry Abstract Company | |
| Caruso James M | -- | None Available | |
| Caruso James M | $94,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tolentino Elfego Ayala | $165,000 | |
| Previous Owner | Evolution Realty Llc | $153,315 | |
| Previous Owner | Caruso James M | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $250,000 | 0.0% | $149 / Sq Ft |
| 06/18/2022 06/18/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | Off Market | $250,000 | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $249,900 | 0.0% | $149 / Sq Ft |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- |
| 05/27/2022 05/27/22 | Off Market | $250,000 | -- | -- |
| 05/19/2022 05/19/22 | Price Changed | $249,900 | -3.9% | $149 / Sq Ft |
| 05/13/2022 05/13/22 | For Sale | $260,000 | +4.0% | $155 / Sq Ft |
| 05/05/2022 05/05/22 | Off Market | $250,000 | -- | -- |
| 04/30/2022 04/30/22 | For Sale | $285,000 | +119.2% | $170 / Sq Ft |
| 11/19/2021 11/19/21 | Sold | $130,000 | 0.0% | $77 / Sq Ft |
| 10/30/2021 10/30/21 | Pending | -- | -- | -- |
| 10/30/2021 10/30/21 | Off Market | $130,000 | -- | -- |
| 10/01/2021 10/01/21 | Price Changed | $139,900 | -6.7% | $83 / Sq Ft |
| 09/06/2021 09/06/21 | For Sale | $149,900 | -- | $89 / 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 | $1,708 | $95,700 | $43,900 | $51,800 |
| 2024 | $4,403 | $95,700 | $43,900 | $51,800 |
| 2023 | $4,280 | $95,700 | $43,900 | $51,800 |
| 2022 | $4,173 | $95,700 | $43,900 | $51,800 |
| 2021 | $4,090 | $95,700 | $43,900 | $51,800 |
| 2020 | $4,090 | $95,700 | $43,900 | $51,800 |
| 2019 | $4,040 | $95,700 | $43,900 | $51,800 |
| 2018 | $3,967 | $95,700 | $43,900 | $51,800 |
| 2017 | $3,890 | $95,700 | $43,900 | $51,800 |
| 2016 | $1,423 | $95,700 | $43,900 | $51,800 |
| 2015 | $1,423 | $95,700 | $43,900 | $51,800 |
| 2014 | $1,423 | $95,700 | $43,900 | $51,800 |
Source: Public Records
Agents Affiliated with this Home
-
DAVE JOHNSON
D
Seller's Agent in 2022
DAVE JOHNSON
Stout Associates Realtors
(484) 366-5847
2 in this area
39 Total Sales
-
Christie Englehart
Buyer's Agent in 2022
Christie Englehart
Iron Valley Real Estate of Berks
(610) 334-5808
1 in this area
50 Total Sales
-
Loretta Leibert
Seller's Agent in 2021
Loretta Leibert
BHHS Homesale Realty- Reading Berks
(215) 514-4872
3 in this area
503 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2014936
APN: 39-5305-02-87-5712
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