$93,000
SOLD AUG 30, 2013

16-5 Cranberry Ridge Unit 5 Reading, PA 19606

Lorane Neighborhood
3 Beds
1.5 Baths
1,496 Sq Ft
$127/mo HOA Fee

Recently Sold

$62 Per Sq Ft

26% Below List Price

241 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Community Pool
  • Exeter Township Senior High School Rated A-
  • Attic
  • Tennis Courts

About This Home

As of August 2021

IMMEDIATE POSSESSION! This is priced to sell!! JUST painted! All neutral, off-white, interior. Convenient location to shopping, restaurants, Rt 422 & Rt 176 for commuters. Eat-in kitchen has a bay window, oak cabinets and a pantry. Formal dining room. The great room has sliding glass doors that lead to the deck. Second floor features 3 bedrooms with ample closet space. Heating, A/C unit & Hot Water Heater were replaced in 2010. 1 Year American Home Shield Warranty is included! Great value!

Last Agent to Sell the Property

Robin Krause

BHHS Homesale Realty- Reading Berks License #TREND:222342

Last Buyer's Agent

Scott Walley

RE/MAX Of Reading License #RS135400A

RE/MAX Of Reading

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1992

Lot Details

  • 871 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,496 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 1.5 Bathrooms

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • Exeter Township Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5958
  • Assessor Parcel Number 43-5325-06-37-5958

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash
  • $500 Other One-Time Fees
  • Laurel Springs Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1992

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer & Dryer, Window Treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Remarks Public: IMMEDIATE POSSESSION! This is priced to sell!! JUST painted! All neutral, off-white, interior. Convenient location to shopping, restaurants, Rt 422 & Rt 176 for commuters. Eat-in kitchen has a bay window, oak cabinets and a pantry. Formal dining room. The great room has sliding glass doors that lead to the deck. Second floor features 3 bedrooms with ample closet space. Heating, A/C unit & Hot Water Heater were replaced in 2010. 1 Year American Home Shield Warranty is included! Great value!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1496
  • Living Area Sq Ft: 1496
  • Net Sq Ft: 1496.00
  • Price Per Sq Ft: 63.44
  • 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: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 127.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Other Fees: 500.00
  • Other Fees Frequency: One Time

Schools

  • School District: EXETER TOWNSHIP
  • High School: EXETER TOWNSHIP SENIOR
  • School District Key: 300200397319
  • High School: EXETER TOWNSHIP SENIOR

Lot Info

  • Land Use Code: 152
  • Lot Size Acres: 0.02
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3282.00
  • Assessor Parcel Number: 43-5325-06-37-5958
  • Tax Lot: 5958
  • Tax Year: 2012
  • Close Date: 08/30/2013

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%
Total Days on Market
241
Current Estimated Value
$222,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,994
Avg. Annual Appreciation
9.26%
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%

Map

Range of Values:

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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 Type Sale Price Title Company
Deed $160,000 Edge Abstract
Deed $128,000 Attorney
Deed $93,000 None Available
Deed $134,900 None Available
Deed $116,750 --
Interfamily Deed Transfer -- --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Previous Owner $125,681 FHA
Previous Owner $74,400 New Conventional
Previous Owner $132,456 FHA
Previous Owner $93,400 New Conventional
Previous Owner $82,650 No Value Available
Previous Owner $80,000 No Value Available
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

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

Source: Bright MLS

MLS Number: 1004177054

Bright MLS

APN: 43-5325-06-37-5958

Pennsylvania Berks County Reading 19606 Lorane

16-5 Cranberry Ridge Unit 5, Reading, PA

Homes for Sale in Reading, PA

This home is located at 16-5 Cranberry Ridge Unit 5, Reading, PA 19606 and is currently priced at $93,000, approximately $62 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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