NOT LISTED FOR SALE

1278 Reading Rd Denver, PA 17517

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

-- Bed
2 Baths
2,218 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $145,125 $65 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,524/month

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Electric Baseboard Heater
  • No HOA

About This Home

As of March 2021

2 unit in downtown Bowmansville with long term tenants on the 2nd floor and new tenants moving in on the 1st floor. Ready for a new owner with positive cash flow from day 1.

Last Agent to Sell the Property

Kim Latshaw

(717) 341-5081 kim@focusrealtypa.com Focus Realty LLC License #RM424017 Listed on: 01/15/2021

Co-Listed By

Joel Latshaw

(717) 341-5084 joel.latshaw@gmail.com Focus Realty LLC License #RS342033

Last Buyer's Agent

Kelly Delikat

(267) 933-4894 kelly@delikathomes.com Keller Williams Real Estate-Montgomeryville License #RS342213

Keller Williams Real Estate-Montgomeryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1850

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • 2,218 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Frame Construction

Parking

  • 5 Parking Spaces
  • 3 Driveway Spaces
  • 2 Off-Site Spaces

Schools

  • Garden Spot Middle School
  • Garden Spot High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $900
  • Trash Expense $600
  • Operating Expense $3,743

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 2 Refrigerators, 2 stoves, 1 dishwasher, 2 washer and dryers
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Remarks Public: 2 unit in downtown Bowmansville with long term tenants on the 2nd floor and new tenants moving in on the 1st floor. Ready for a new owner with positive cash flow from day 1.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room Count: 10
  • Basement: No
  • Total Sq Ft: 2218
  • Living Area Sq Ft: 2218
  • Price Per Sq Ft: 72.09
  • Above Grade Finished Sq Ft: 2218
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1278

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Off Site
  • Number of Spaces in Driveway: 3
  • Off Site Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 108100.00
  • Land Assessed Value: 26800.00
  • Land Use Code: 113
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Sewer, Insurance, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 18000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3979024
  • School Tax: 1696.00
  • Tax Annual Amount: 2164.00
  • Assessor Parcel Number: 040-52701-0-0000
  • Tax Total Finished Sq Ft: 2218
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/31/2021

Multi Family

  • Operating Expense: 3743.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: EASTERN LANCASTER COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 25, 2021
Sold by
Martin Jeremy L and Martin Katrina D
Bought by
Honey Brook Homes Llc
Seller's Agent
Kim Latshaw
Focus Realty LLC
Buyer's Agent
Kelly Delikat
Keller Williams Real Estate-Montgomeryville
List Price
$159,900
Sold Price
$145,125
Premium/Discount to List
-$14,775
-9.24%
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.
Estimated Appreciation
$106,468
Avg. Annual Appreciation
12.82%
Original Mortgage
$108,844
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2018
Sold by
Noll Donald L and Noll Dawn E
Bought by
Martin Jeremy L and Martin Katrina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
03/31/2021 03/31/21 Sold $145,125 -9.2% $65 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $159,900 -- $72 / 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 $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

  • Kim Latshaw

    Seller's Agent in 2021

    Kim Latshaw

    Focus Realty LLC

    (717) 341-5081

    1 in this area

    53 Total Sales

    Kim Latshaw
    Section Image
  • Joel Latshaw

    Seller Co-Listing Agent in 2021

    Joel Latshaw

    Focus Realty LLC

    (717) 341-5084

    1 in this area

    24 Total Sales

    Joel Latshaw
    Section Image
  • Kelly Delikat

    Buyer's Agent in 2021

    Kelly Delikat

    Keller Williams Real Estate-Montgomeryville

    (267) 933-4894

    1 in this area

    197 Total Sales

    Kelly Delikat
    Section Image
  • Mariel Gniewoz Weiss

    Buyer Co-Listing Agent in 2021

    Mariel Gniewoz Weiss

    Keller Williams Real Estate-Montgomeryville

    (610) 310-6408

    1 in this area

    479 Total Sales

    Mariel Gniewoz Weiss
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA176176

Bright MLS

APN: 040-52701-0-0000

Pennsylvania Lancaster County Denver 17517

1278 Reading Rd, Denver, PA

This home is located at 1278 Reading Rd, Denver, PA 17517 since 15 January 2021 and is currently estimated at $251,593, approximately $113 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes