NOT LISTED FOR SALE

16-5 Cranberry Ridge Unit 5 Reading, PA 19606

Estimated Value: $191,000 - $256,000

3 Beds
1.5 Baths
1,496 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $160,000 $107 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,465/month

9 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Community Pool
  • Exeter Township Senior High School Rated A-
  • Traditional Architecture
  • Tennis Courts

About This Home

As of August 2021

This beautiful townhome in Laurel Springs and Exeter School District is perfect for your new home! With bay windows in the Kitchen and Primary Bedroom there is no lack of natural light throughout the day. Dining Room and hallway features beautiful chair rail molding with subtle 2 tone paint. The rear of the house faces the Appalachian Mountains offering peaceful views from your deck. The Laurel Springs community also offers a pool, brand new playground and tennis courts. Great location near Rt 422 provides quick access to wherever you may need to travel. Home Warranty included.

Last Agent to Sell the Property

Alan Patke

Coldwell Banker Realty License #RS349556 Listed on: 05/27/2021

Coldwell Banker Realty

Last Buyer's Agent

Julie Becker

Century 21 Gold License #RS292034

Century 21 Gold

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,695

Year Built

  • Built in 1992

Lot Details

  • 871 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $145 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,496 Sq Ft Home
  • Property has 2 Levels
  • Bay Window
  • Window Screens
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Deck
  • Urban Location

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 5958
  • Assessor Parcel Number 43-5325-06-37-5958

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • Laurel Homeowners Association, Phone Number (610) 779-9596
  • Laurel Springs Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,695

Year Built

Built in 1992

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-27
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful townhome in Laurel Springs and Exeter School District is perfect for your new home! With bay windows in the Kitchen and Primary Bedroom there is no lack of natural light throughout the day. Dining Room and hallway features beautiful chair rail molding with subtle 2 tone paint. The rear of the house faces the Appalachian Mountains offering peaceful views from your deck. The Laurel Springs community also offers a pool, brand new playground and tennis courts. Great location near Rt 422 provides quick access to wherever you may need to travel. Home Warranty included.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Energy Efficient Appliances, Energy Star Refrigerator, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Trash Compactor, Washer, Dryer - Electric
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Walk-In Closet(s)
  • Window Features: Bay/Bow, Screens
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1496
  • Living Area Sq Ft: 1496
  • Price Per Sq Ft: 106.95
  • Above Grade Finished Sq Ft: 1496
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16-5

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Roof: Pitched, Shingle
  • Spa: No
  • View: Mountain, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 145.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA Name: LAUREL HOMEOWNERS ASSOCIATION
  • HOA Phone: (610) 779-9596
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: EXETER TOWNSHIP
  • School District Key: 300200397319
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 76600.00
  • Land Assessed Value: 6000.00
  • Land Use Code: 152
  • Lot Features: Irregular
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1503323
  • School Tax: 2776.00
  • Tax Annual Amount: 3695.00
  • Assessor Parcel Number: 43-5325-06-37-5958
  • Tax Lot: 5958
  • Tax Page Number: 7
  • Tax Total Finished Sq Ft: 1496
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/13/2021

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 13, 2021
Sold by
Keating William J
Bought by
Zinn Timothy C
Seller's Agent
Alan Patke
Coldwell Banker Realty
Buyer's Agent
Julie Becker
Century 21 Gold
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$221,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,665
Avg. Annual Appreciation
8.84%
Original Mortgage
$152,000
Outstanding Balance
$139,509
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$83,485

Purchase Details

Listed on
Apr 16, 2016
Closed on
Jul 26, 2016
Sold by
Sutu Anca L and Sutu Ionut
Bought by
Keating William J
Seller's Agent
Scott Walley
RE/MAX Of Reading
Buyer's Agent
Joelle Dennis
Keller Williams Realty Group
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$125,681
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2012
Closed on
Sep 4, 2013
Sold by
Sander Adam and Sander Jennifer
Bought by
Sutu Anca L and Sutu Ionut
Seller's Agent
Robin Krause
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Scott Walley
RE/MAX Of Reading
List Price
$124,900
Sold Price
$93,000
Premium/Discount to List
-$31,900
-25.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$74,400
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2009
Sold by
Stubblebine Joseph
Bought by
Sanders Adam and Sanders Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,456
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2005
Sold by
Cooper James H and Cooper Chasity L
Bought by
Stubblebine Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,400
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Cooper James H and Cooper Chasity L
Bought by
Cooper James H and Cooper Chasity L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,650
Interest Rate
5.99%

Purchase Details

Closed on
May 25, 2001
Sold by
Krick Kermit K and Krick Kathy M
Bought by
Cooper James H and Taylor Chasity L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.08%
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
Zinn Timothy C $160,000 Edge Abstract
Keating William J $128,000 Attorney
Sutu Anca L $93,000 None Available
Sanders Adam $134,900 None Available
Stubblebine Joseph $116,750 --
Cooper James H -- --
Cooper James H $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zinn Timothy C $152,000
Previous Owner Keating William J $125,681
Previous Owner Sutu Anca L $74,400
Previous Owner Sanders Adam $132,456
Previous Owner Stubblebine Joseph $93,400
Previous Owner Cooper James H $82,650
Previous Owner Cooper James H $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $160,000 -3.0% $107 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $165,000 +28.9% $110 / Sq Ft
07/26/2016 07/26/16 Sold $128,000 -1.5% $86 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $129,900 +39.7% $87 / Sq Ft
08/30/2013 08/30/13 Sold $93,000 -2.0% $62 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/26/2013 07/26/13 Price Changed $94,900 -2.7% $63 / Sq Ft
06/13/2013 06/13/13 Price Changed $97,500 -11.3% $65 / Sq Ft
03/06/2013 03/06/13 Price Changed $109,900 -4.4% $73 / Sq Ft
02/01/2013 02/01/13 Price Changed $114,900 -3.4% $77 / Sq Ft
01/09/2013 01/09/13 Price Changed $118,900 -4.8% $79 / Sq Ft
12/01/2012 12/01/12 For Sale $124,900 -- $83 / 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 $1,141 $82,600 $6,000 $76,600
2024 $3,923 $82,600 $6,000 $76,600
2023 $3,794 $82,600 $6,000 $76,600
2022 $3,752 $82,600 $6,000 $76,600
2021 $3,695 $82,600 $6,000 $76,600
2020 $3,654 $82,600 $6,000 $76,600
2019 $3,614 $82,600 $6,000 $76,600
2018 $3,603 $82,600 $6,000 $76,600
2017 $3,551 $82,600 $6,000 $76,600
2016 $867 $82,600 $6,000 $76,600
2015 $867 $82,600 $6,000 $76,600
2014 $836 $82,600 $6,000 $76,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alan Patke

    Coldwell Banker Realty

    (484) 797-6544

    2 in this area

    12 Total Sales

    Alan Patke
    Section Image

  • J

    Buyer's Agent in 2021

    Julie Becker

    Century 21 Gold

    (484) 651-5578

    1 in this area

    11 Total Sales

    Julie Becker
    Section Image
  • Scott Walley

    Seller's Agent in 2016

    Scott Walley

    RE/MAX of Reading

    (610) 223-3944

    6 in this area

    133 Total Sales

    Scott Walley
    Section Image
  • Mark Werner

    Seller Co-Listing Agent in 2016

    Mark Werner

    RE/MAX of Reading

    (610) 334-9469

    4 in this area

    133 Total Sales

    Mark Werner
    Section Image
  • Joelle Dennis

    Buyer's Agent in 2016

    Joelle Dennis

    Keller Williams Realty Group

    (610) 858-2161

    87 Total Sales

    Joelle Dennis
    Section Image

  • R

    Seller's Agent in 2013

    Robin Krause

    BHHS Homesale Realty- Reading Berks

See All Agents

Map

Source: Bright MLS

MLS Number: PABK377248

Bright MLS

APN: 43-5325-06-37-5958

Pennsylvania Berks County Reading 19606

16-5 Cranberry Ridge Unit 5, Reading, PA

This home is located at 16-5 Cranberry Ridge Unit 5, Reading, PA 19606 since 27 May 2021 and is currently estimated at $221,665, approximately $148 per square foot. This property was built in 1992. 16-5 Cranberry Ridge Unit 5 is a home located in Berks County with nearby schools including Lorane Elementary School, Exeter Township Junior High School, and Exeter Township Senior High School.

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