1518 Lorraine Rd Reading, PA 19604
College Heights Neighborhood
4
Beds
3.5
Baths
3,409
Sq Ft
0.27
Acres
Highlights
- View of Trees or Woods
- Recreation Room
- Traditional Architecture
- 0.27 Acre Lot
- Traditional Floor Plan
- Wood Flooring
About This Home
As of November 2024Step into a piece of history with this pristine stone home, a true testament to the craftsmanship of the Maier’s Bakery Family, who built this magnificent residence in 1929. Nestled in the highly desired Hampden Heights section of Northeast Reading, this center hall Colonial not only offers breathtaking panoramic views of Berks County but also a rich narrative of a past era.
Imagine the Maier Family, renowned for their bakery, meticulously planning and constructing this home with an eye for detail and quality. The original random-width pegged oak floors tell tales of family gatherings and celebrations, while the classic dining room, with its built-in corner cupboard, bay window, full chair rail, wainscoting, and crown molding, echoes the elegance of the past.
The spacious living room, featuring built-in cabinetry, and a cozy fireplace, invites you to relax and imagine the many stories shared by the fire over the decades. The gorgeously remodeled kitchen, now a chef’s dream, boasts a limestone backsplash, granite countertops, a new Dacor stovetop, custom cherry cabinets, and a heated tile floor. The attached sunroom/breakfast room, with its skylights, and enclosed private patio, offers a bright and inviting space to start your day.
Ascend the wrought-iron staircase to the upper level, where you’ll find three generous bedrooms, including one with a private patio, and two beautifully renovated full bathrooms. Each room radiates the distinctive charm and character of a past era, adding to the home’s unique appeal.
The lower level, once a hub of family activity, is now an entertainer’s paradise, boasting a large family/media room with a second fireplace, an antique bar, and a covered outdoor porch. Behind the family room is the fourth bedroom, originally known as “the maid’s quarters,” with its own entrance and a fully renovated bath.
Additional features include a spacious three car heated garage with built-in cabinetry, a newer Navien “on demand” hot water heater, 200 amp electric service and meticulously maintained heating systems. The property also includes an outdoor shed, and mature landscaping with native plants, perfect for additional storage and enjoying nature.
Located at the base of prominent Mt. Penn, this home is ideal for bikers, runners, and outdoor enthusiasts. Conveniently close to major highways to Philadelphia, Lancaster, and NYC, this historic gem offers the perfect blend of old world charm and modern convenience.
Don’t miss your chance to own a piece of history in Hampden Heights! This majestic home is waiting for you to create your own memories and continue its storied legacy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,007
Year Built
- Built in 1929
Lot Details
- 0.27 Acre Lot
- Wood Fence
- Landscaped
- Corner Lot
- Sprinkler System
Parking
- 3 Car Direct Access Garage
- 4 Driveway Spaces
- Rear-Facing Garage
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Permanent Foundation
- Stone Foundation
- Poured Concrete
- Shingle Roof
- Slate Roof
- Stone Siding
- Chimney Cap
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Crown Molding
- Wainscoting
- Whole House Fan
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Stone Fireplace
- Sitting Room
- Living Room
- Formal Dining Room
- Recreation Room
- Sun or Florida Room
- Views of Woods
- Attic
Kitchen
- Double Oven
- Built-In Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Garage Access
- Drainage System
- Basement Windows
Home Security
- Storm Doors
- Flood Lights
Accessible Home Design
- Doors swing in
- Level Entry For Accessibility
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Shed
- Rain Gutters
Schools
- Reading Senior High School
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Hot Water Heating System
- Programmable Thermostat
- 200+ Amp Service
- High-Efficiency Water Heater
- Natural Gas Water Heater
- Water Conditioner is Owned
- Cable TV Available
Community Details
- No Home Owners Association
- Hampden Heights Subdivision
Listing and Financial Details
- Tax Lot 1624
- Assessor Parcel Number 17-5317-32-48-1624
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2024
Closed on
Nov 7, 2024
Sold by
American Escrow & Closing Company
Bought by
Hall Rachael Lynn and Wilson Linda
Seller's Agent
David Hinkel
Coldwell Banker Realty
Buyer's Agent
Ann Slaymaker
RE/MAX Professional Realty
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Views
100
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
$28,867
Avg. Annual Appreciation
9.14%
Original Mortgage
$336,000
Outstanding Balance
$333,495
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$115,372
Purchase Details
Listed on
Sep 22, 2024
Closed on
Nov 4, 2024
Sold by
Hartkopp Brett and Hartkopp Jody
Bought by
American Escrow & Closing Company
Seller's Agent
David Hinkel
Coldwell Banker Realty
Buyer's Agent
Ann Slaymaker
RE/MAX Professional Realty
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Views
100
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$333,495
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$115,372
Purchase Details
Listed on
Sep 20, 2022
Closed on
Nov 18, 2022
Sold by
Zdunowski Stella M
Bought by
Hartkopp Brett and Hartkopp Jody
Seller's Agent
Amy Zdunowski
Coldwell Banker Residential Brokerage - Flemington
Buyer's Agent
HIEDI AUTUMN DIAZ
Weikel Realty Group LLC
List Price
$435,000
Sold Price
$416,000
Premium/Discount to List
-$19,000
-4.37%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$330,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Similar Homes in Reading, PA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $420,000 | H & H Settlement Services | |
| Deed | $420,000 | H & H Settlement Services | |
| Deed | $420,000 | None Listed On Document | |
| Deed | $420,000 | None Listed On Document | |
| Deed | $416,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,000 | New Conventional | |
| Closed | $336,000 | New Conventional | |
| Previous Owner | $330,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $420,000 | -6.6% | $123 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $449,900 | 0.0% | $132 / Sq Ft |
| 11/01/2024 11/01/24 | Off Market | $449,900 | -- | -- |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 09/22/2024 09/22/24 | For Sale | $449,900 | +8.1% | $132 / Sq Ft |
| 10/18/2022 10/18/22 | Sold | $416,000 | +4.0% | $142 / Sq Ft |
| 10/12/2022 10/12/22 | Pending | -- | -- | -- |
| 10/06/2022 10/06/22 | Price Changed | $399,900 | -8.1% | $136 / Sq Ft |
| 09/20/2022 09/20/22 | For Sale | $435,000 | -- | $148 / 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 | $4,283 | $157,800 | $31,200 | $126,600 |
| 2024 | $7,007 | $157,800 | $31,200 | $126,600 |
| 2023 | $6,898 | $157,800 | $31,200 | $126,600 |
| 2022 | $6,898 | $157,800 | $31,200 | $126,600 |
| 2021 | $6,898 | $157,800 | $31,200 | $126,600 |
| 2020 | $6,829 | $157,800 | $31,200 | $126,600 |
| 2019 | $6,829 | $157,800 | $31,200 | $126,600 |
| 2018 | $6,829 | $157,800 | $31,200 | $126,600 |
| 2017 | $6,784 | $157,800 | $31,200 | $126,600 |
| 2016 | $3,876 | $157,800 | $31,200 | $126,600 |
| 2015 | $3,876 | $157,800 | $31,200 | $126,600 |
| 2014 | $3,566 | $157,800 | $31,200 | $126,600 |
Source: Public Records
Agents Affiliated with this Home
-
David Hinkel
Seller's Agent in 2024
David Hinkel
Coldwell Banker Realty
(610) 909-5431
2 in this area
158 Total Sales
-
Ann Slaymaker
Buyer's Agent in 2024
Ann Slaymaker
RE/MAX
(610) 363-8444
1 in this area
44 Total Sales
-
Amy Zdunowski
Seller's Agent in 2022
Amy Zdunowski
Coldwell Banker Residential Brokerage - Flemington
(917) 517-4020
1 in this area
16 Total Sales
-
HIEDI AUTUMN DIAZ
Buyer's Agent in 2022
HIEDI AUTUMN DIAZ
Weikel Realty Group LLC
(610) 914-3199
1 in this area
41 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2048872
APN: 17-5317-32-48-1624
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