NOT LISTED FOR SALE

1278 Reading Rd Bowmansville, PA 17507

Estimated Value: $235,000 - $286,000

-- Bed
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $130,000

Est. 94% increase in value since last sale

Current estimated payment $1,524/month

Highlights

  • No HOA
  • Baseboard Heating
  • Asbestos
  • Forced Air Heating System

About This Home

As of January 2018

1st Floor Vacant. Property is being sold AS IS. Tenant occupied, 24 hour notice.

Last Agent to Sell the Property

Donald Noll

(717) 587-7383 dd_dutchman@hotmail.com Kingsway Realty - Ephrata License #RS218499L Listed on: 11/14/2017

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 1850

Lot Details

  • 3,485

Home Design

  • Duplex
  • Converted Dwelling
  • Rubber Roof
  • Shingle Siding
  • Asbestos

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Brecknock Elementary School
  • Garden Spot Middle School
  • Garden Spot High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 150 Amp Service
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Electric Oven or Range
  • Washer
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • The owner pays for trash collection, real estate taxes, water, sewer
  • Assessor Parcel Number 040-52701-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Bowmansville Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $830
  • Maintenance Expense $300
  • Operating Expense $4,791
  • Net Operating Income $12,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,675

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1850
  • Remarks Public: 1st Floor Vacant. Property is being sold AS IS. Tenant occupied, 24 hour notice.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer
  • Basement: No
  • Street Number Modifier: 1278

Exterior Features

  • Construction Materials: Asbestos, Shingle Siding
  • Construction Completed: No
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 150 Amps
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: EASTERN LANCASTER COUNTY
  • Elementary School: BRECKNOCK
  • Middle School: GARDEN SPOT M.S.
  • High School: GARDEN SPOT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397372
  • School District Source: Listing Agent
  • Elementary School: BRECKNOCK
  • High School: GARDEN SPOT
  • Middle Or Junior School: GARDEN SPOT M.S.

Lot Info

  • Improvement Assessed Value: 64500.00
  • Land Assessed Value: 21900.00
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2017
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Number Of Units Month To Month: 1
  • Owner Pays: Trash Collection, Taxes - Real Estate, Water, Sewer
  • Total Actual Rent: 16800.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3979024
  • School Tax: 1329.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1675.00
  • Assessor Parcel Number: 040-52701-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/31/2018

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 16800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4791.00
  • Single Room Units Count: 10

MLS Schools

  • School District Name: EASTERN LANCASTER COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Martin Jeremy L and Martin Katrina D
Bought by
Honey Brook Homes Llc
Current Estimated Value
$251,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,844
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 31, 2018
Sold by
Noll Donald L and Noll Dawn E
Bought by
Martin Jeremy L and Martin Katrina D
Seller's Agent
Donald Noll
Kingsway Realty - Ephrata
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
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
8.92%
Original Mortgage
$97,500
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Honey Brook Homes Llc $145,125 Greater Montgomery Setmnt Sv
Martin Jeremy L $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honey Brook Homes Llc $108,844
Previous Owner Martin Jeremy L $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $130,000 -3.6% --
12/12/2017 12/12/17 Pending -- -- --
11/27/2017 11/27/17 Price Changed $134,900 -10.0% --
11/14/2017 11/14/17 For Sale $149,900 -- --
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 $2,322 $134,900 $26,800 $108,100
2024 $2,322 $134,900 $26,800 $108,100
2023 $2,274 $134,900 $26,800 $108,100
2022 $2,235 $134,900 $26,800 $108,100
2021 $2,123 $134,900 $26,800 $108,100
2020 $2,123 $134,900 $26,800 $108,100
2019 $2,098 $134,900 $26,800 $108,100
2017 $1,645 $86,400 $21,900 $64,500
2016 $1,645 $86,400 $21,900 $64,500
2015 $346 $86,400 $21,900 $64,500
2014 $1,245 $86,400 $21,900 $64,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Donald Noll

    Kingsway Realty - Ephrata

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Map

Source: Bright MLS

MLS Number: 1000091678

Bright MLS

APN: 040-52701-0-0000

Pennsylvania Lancaster County Bowmansville

1278 Reading Rd, Bowmansville, PA

This home is located at 1278 Reading Rd, Bowmansville, PA 17507 since 14 November 2017 and is currently estimated at $251,593. This property was built in 1850. 1278 Reading Rd is a home located in Lancaster County with nearby schools including Garden Spot Middle School, Garden Spot Senior High School, and Trostle Hill School.

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