NOT LISTED FOR SALE

2149 Morgantown Rd Reading, PA 19607

Estimated Value: $406,000 - $686,000

2 Beds
2 Baths
1,248 Sq Ft
$466/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $30,000 $24 Per Sq Ft

Est. 1,839% increase in value since last sale

Current estimated payment $3,404/month

Highlights

  • 1.86 Acre Lot
  • Breakfast Area or Nook
  • Mobility Improvements
  • No HOA
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of August 2016

The property is a mobile home that is in disrepair with minimal value on a large partially wooded lot. The building has no heat or water. The value of the property is the lot, not necessarily the structure. Freddie Mac First Look expires 6/8/2016 which allows Owner occupant buyers a first look prior to investors being able to purchase. Investors may submit an offer anytime, however the offer will not be considered for negotiation until after the 20 day time period for owner occupant buyers. Seller will pay up to $500 toward Home Warranty of buyers choice for owner occupant offers. The buyer must identify & select the home warranty company and plan of their choice. THE HOME WARRANTY INCENTIVE MUST BE SUBMITTED WITH THE INITIAL OFFER. Buyer or selling agent is responsible for providing the closing firm w/ the home warranty invoice to disburse payment at closing Buyer pays 2% transfer tax as Seller is exempt. Submit offers on PAR AOS and provide PRE-QUAL/POF with OFFER. Deposit money must be in the form of CASHIER'S CHECK upon approved offer. ATTACHED BUYER FORM MUST BE SUBMITTED WITH OFFER as well as LBP ADDENDUM if necessary. Please review ALL ATTACHMENTS PRIOR to offer submission.

Last Agent to Sell the Property

Christopher Giovenco

(484) 767-5155 chrisg@ameliore.com Rudy Amelio Real Estate Listed on: 05/19/2016

Rudy Amelio Real Estate

Co-Listed By

Rudy Amelio

(610) 437-5501 Rudy@ameliore.com Rudy Amelio Real Estate License #RM422676

Last Buyer's Agent

Christopher Giovenco

(484) 767-5155 chrisg@ameliore.com Rudy Amelio Real Estate Listed on: 05/19/2016

Rudy Amelio Real Estate

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 1975

Lot Details

  • 1.86

Parking

  • Driveway

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Additional Features

  • Mobility Improvements
  • 1.86 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0585
  • Assessor Parcel Number 39-5314-05-08-0585

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Modular/Pre-Fabricated
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Remarks Public: The property is a mobile home that is in disrepair with minimal value on a large partially wooded lot. The building has no heat or water. The value of the property is the lot, not necessarily the structure. Freddie Mac First Look expires 6/8/2016 which allows Owner occupant buyers a first look prior to investors being able to purchase. Investors may submit an offer anytime, however the offer will not be considered for negotiation until after the 20 day time period for owner occupant buyers. Seller will pay up to $500 toward Home Warranty of buyers choice for owner occupant offers. The buyer must identify & select the home warranty company and plan of their choice. THE HOME WARRANTY INCENTIVE MUST BE SUBMITTED WITH THE INITIAL OFFER. Buyer or selling agent is responsible for providing the closing firm w/ the home warranty invoice to disburse payment at closing Buyer pays 2% transfer tax as Seller is exempt. Submit offers on PAR AOS and provide PRE-QUAL/POF with OFFER. Deposit money must be in the form of CASHIER'S CHECK upon approved offer. ATTACHED BUYER FORM MUST BE SUBMITTED WITH OFFER as well as LBP ADDENDUM if necessary. Please review ALL ATTACHMENTS PRIOR to offer submission.
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Net Sq Ft: 1248.00
  • Price Per Sq Ft: 39.98
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2149

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317

Lot Info

  • Improvement Assessed Value: 35700.00
  • Land Assessed Value: 48900.00
  • Land Use Code: 145
  • Lot Size Acres: 1.86
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 81022.00
  • Property Attached Yn: No
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1498575
  • Tax Annual Amount: 3439.00
  • Assessor Parcel Number: 39-5314-05-08-0585
  • Tax Lot: 0585
  • Tax Year: 2016
  • Close Date: 08/18/2016

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Aug 17, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mazzotta Joseph and Mazzotta Heather
Seller's Agent
Christopher Giovenco
Rudy Amelio Real Estate
Buyer's Agent
Christopher Giovenco
Rudy Amelio Real Estate
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%
Current Estimated Value
$581,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,717
Avg. Annual Appreciation
38.51%

Purchase Details

Closed on
Feb 29, 2016
Sold by
Pilkowski Timothy
Bought by
Federal Home Loan Mortgage Corporation
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
Mazzotta Joseph $30,000 Penn Title Company
Federal Home Loan Mortgage Corporation $1,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazzotta Joseph $150,000
Previous Owner Pilkowski Timothy $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold $30,000 -39.9% $24 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $49,900 -- $40 / 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 $3,978 $222,900 $48,900 $174,000
2024 $10,256 $222,900 $48,900 $174,000
2023 $10,809 $241,700 $48,900 $192,800
2022 $10,539 $241,700 $48,900 $192,800
2021 $10,330 $241,700 $48,900 $192,800
2020 $10,330 $241,700 $48,900 $192,800
2019 $2,064 $48,900 $48,900 $0
2018 $2,027 $48,900 $48,900 $0
2017 $3,439 $84,600 $48,900 $35,700
2016 $1,275 $84,600 $48,900 $35,700
2015 $1,275 $84,600 $48,900 $35,700
2014 $1,275 $84,600 $48,900 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003894805

Bright MLS

APN: 39-5314-05-08-0585