1226 Lorraine Rd Reading, PA 19604
College Heights NeighborhoodEstimated Value: $247,000 - $357,000
3
Beds
2
Baths
2,216
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- 0.19 Acre Lot
- Raised Ranch Architecture
- 2 Fireplaces
- Deck
- Wood Flooring
- 1 Car Attached Garage
About This Home
As of February 2014Best Value Rancher in desirable Hampden Heights, offering 3 bedrooms, 2 full baths, kitchen with dining room combo, living room, large deck off kitchen with view of city skyline and a one car garage. Great location, one block away from wooded mountains. Hardwood floors and wall to wall carpeting.Finished basement with stone fireplace and walk out to covered patio and back yard, full bath and small kitchen with dining area and door leading to garage. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing. Buyer pays both sides of transfer tax.
Home Details
Home Type
- Single Family
Year Built
- 1955
Lot Details
- 8,276
Parking
- 1 Car Attached Garage
- 1 Open Parking Space
Home Design
- Raised Ranch Architecture
- Rambler Architecture
- Pitched Roof
- Stone Siding
Interior Spaces
- 2,216 Sq Ft Home
- 2 Fireplaces
- Stone Fireplace
- Family Room
- Living Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
- Laundry on lower level
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Deck
- 8,276 Sq Ft Lot
Listing and Financial Details
- Tax Lot 5179
- Assessor Parcel Number 17-5317-10-37-5179
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2014
Closed on
Feb 19, 2014
Sold by
Fannie Mae
Bought by
Klick John E and Iaccarino Cynthia A
Seller's Agent
Alex Betances
EXP Realty, LLC
Buyer's Agent
Ed Stauffer
RE/MAX Of Reading
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
24
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
$182,187
Avg. Annual Appreciation
8.11%
Purchase Details
Closed on
Sep 4, 2013
Sold by
Marmarou Peter D and Wells Fargo Bank Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 20, 2002
Sold by
Marks Gloria
Bought by
The Gloria Marks Trust
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Similar Homes in Reading, PA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Klick John E | $120,000 | None Available | |
| Federal National Mortgage Association | $2,100 | None Available | |
| The Gloria Marks Trust | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2014 02/26/14 | Sold | $120,000 | 0.0% | $54 / Sq Ft |
| 02/07/2014 02/07/14 | Off Market | $120,000 | -- | -- |
| 02/06/2014 02/06/14 | Pending | -- | -- | -- |
| 01/13/2014 01/13/14 | For Sale | $125,000 | -- | $56 / 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 | $3,005 | $110,700 | $25,400 | $85,300 |
| 2024 | $4,916 | $110,700 | $25,400 | $85,300 |
| 2023 | $4,839 | $110,700 | $25,400 | $85,300 |
| 2022 | $4,839 | $110,700 | $25,400 | $85,300 |
| 2021 | $4,839 | $110,700 | $25,400 | $85,300 |
| 2020 | $4,791 | $110,700 | $25,400 | $85,300 |
| 2019 | $4,791 | $110,700 | $25,400 | $85,300 |
| 2018 | $4,791 | $110,700 | $25,400 | $85,300 |
| 2017 | $4,759 | $110,700 | $25,400 | $85,300 |
| 2016 | $2,719 | $110,700 | $25,400 | $85,300 |
| 2015 | $2,719 | $110,700 | $25,400 | $85,300 |
| 2014 | $2,502 | $110,700 | $25,400 | $85,300 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Betances
Seller's Agent in 2014
Alex Betances
EXP Realty, LLC
(610) 926-8610
18 Total Sales
-
Ed Stauffer
Buyer's Agent in 2014
Ed Stauffer
RE/MAX of Reading
(610) 334-7099
1 in this area
143 Total Sales
Map
Source: Bright MLS
MLS Number: 1002781246
APN: 17-5317-10-37-5179
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