NOT LISTED FOR SALE

1528 Lexington Way Morgantown, PA 19543

Estimated Value: $348,000 - $379,000

3 Beds
2.5 Baths
2,384 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $223,000 $94 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,259/month

141 Days on Market

Highlights

  • Transitional Architecture
  • Living Room
  • Garage doors are at least 85 inches wide
  • 2 Car Attached Garage
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of August 2020

This exquisitely updated home projects the air of exclusivity, comfort and elegance. The substantial stone facade only hints of the spacious two story great room, with floor to ceiling windows and a turned staircase, beckoning one into the sanctuary of the upstairs. The pendulum lighting fixture suspended from two stories up adds too the impression of the dizzying height of the home. To the left, a dramatic family room with a cozy fireplace framed with floor to ceiling windows awaits. To the right, you will find a formal living area, sporting expensive wainscoting and two tone paint. The floor is anchored by gorgeous modern hardwood in stylish greige. The open floor plan continues into a solid wood kitchen, clad with thick granite counter tops and state of the art appliances worthy of the gourmet creations to be produced there. The fuel of choice in the kitchen is gas- preferred by all professional and homespun chefs. The turned staircase takes you to the upstairs sleeping quarters, where you will find the ultimate in a master bath, complete with a Jacuzzi for 2 and double sinks , another sparkling white, updated bathroom , and spacious bedrooms. The sought-after community of Briarcrest is well known for its advantageous location and quality. This home has everything.... but the lucky family to call it their own.

Last Agent to Sell the Property

Katie Ponti

katieponti@gmail.com RE/MAX Properties - Newtown License #RS346966 Listed on: 01/29/2020

RE/MAX Properties - Newtown

Last Buyer's Agent

Charles Hannum Jr

(484) 467-6329 budhannum@icloud.com Chesco Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Transitional Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,384 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • Garage doors are at least 85 inches wide

Schools

  • Twin Valley Elementary School
  • Twin Valley High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 120/240V
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 6079
  • Assessor Parcel Number 35-5320-03-24-6079

Community Details

Overview

  • Briarcrest Homeowners Association, Phone Number (717) 824-3071
  • Berks County Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Accessibility Features: >84" Garage Door
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Laminated, Vinyl
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Family Room, Laundry
  • Basement: No
  • Total Sq Ft: 2384
  • Living Area Sq Ft: 2384
  • Price Per Sq Ft: 96.43
  • Above Grade Finished Sq Ft: 2384
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 170.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Name: BRIARCREST HOMEOWNERS ASSOCIATION
  • HOA Phone: 717-824-3071
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TWIN VALLEY
  • High School: TWIN VALLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 158600.00
  • Land Assessed Value: 16500.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4776305
  • School Tax: 4826.00
  • Tax Annual Amount: 6601.00
  • Assessor Parcel Number: 35-5320-03-24-6079
  • Tax Lot: 6079
  • Tax Page Number: 56
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: TWIN VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Aug 3, 2020
Sold by
Sibven Llc
Bought by
Arbegast Steven T and Arbegast Amy J
Seller's Agent
Katie Ponti
RE/MAX Properties - Newtown
Buyer's Agent
Charles Hannum Jr
Chesco Realty Group, LLC
List Price
$259,900
Sold Price
$223,000
Premium/Discount to List
-$36,900
-14.2%
Current Estimated Value
$363,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,042
Avg. Annual Appreciation
9.56%
Original Mortgage
$167,250
Outstanding Balance
$148,636
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$214,406

Purchase Details

Closed on
Nov 14, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sibven Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,695,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2019
Sold by
Braccili Christopher and Braccili April
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,695,000
Interest Rate
3.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Arbegast Steven T $223,000 Countywde Abstract Lp
Sibven Llc $173,330 First Platinum Abstract Llc
Federal Home Loan Mortgage Corporation $2,754 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbegast Steven T $167,250
Previous Owner Sibven Llc $1,695,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $223,000 -3.0% $94 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $229,900 -8.0% $96 / Sq Ft
05/25/2020 05/25/20 Price Changed $249,900 -3.8% $105 / Sq Ft
01/29/2020 01/29/20 For Sale $259,900 -- $109 / 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 $2,153 $175,100 $16,500 $158,600
2024 $6,851 $175,100 $16,500 $158,600
2023 $6,857 $175,100 $16,500 $158,600
2022 $6,690 $175,100 $16,500 $158,600
2021 $6,486 $175,100 $16,500 $158,600
2020 $6,601 $175,100 $16,500 $158,600
2019 $6,599 $175,100 $16,500 $158,600
2018 $6,599 $175,100 $16,500 $158,600
2017 $6,413 $175,100 $16,500 $158,600
2016 $1,691 $175,100 $16,500 $158,600
2015 $1,691 $175,100 $16,500 $158,600
2014 $1,691 $175,100 $16,500 $158,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK353316

Bright MLS

APN: 35-5320-03-24-6079