NOT LISTED FOR SALE

Estimated Value: $489,433 - $558,000

6 Beds
3.5 Baths
4,262 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $350,000 $82 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,104/month

44 Days on Market

Highlights

  • Gourmet Kitchen
  • Cape Cod Architecture
  • Wood Flooring
  • 12.34 Acre Lot
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of August 2020

Large & spacious custom built Cape Cod perched on a gorgeous little less than 3 acre lot with million dollar views offering privacy, peace, tranquility and accessible by a very long driveway! The main level features a great room with cathedral ceiling open to the 2nd floor, a beautiful floor to ceiling hearth wood-burning fireplace, gorgeous gourmet kitchen with eating bar, island, copper farmhouse sink, granite countertops, travertine tile floor & backsplash, spacious formal dining room with hardwood floor, large laundry room with ample cabinets, master suite with fantastic bath with tiled walk-in shower, soaking tub, double sink, walk-in closet and sky lite, BR 2 and 2nd full bath. Level 2 has 4 spacious private bedrooms and a large 3rd full bath. The daylight basement lower level is fully finished an makes for an amazing rec room/family complete with large wet bar, propane stove, walkout to a paver patio. There is also a large finished 16x30 bonus room that could be great for a number of uses. There is ample storage in an unfinished part of the basement. Mechanicals include a high efficiency propane gas furnace, propane gas water heater, water conditioning system with UV light and central air. Additional features include an oversized side entry 2 car garage, 1000 gallon buried propane tank, standard inground septic system, covered country front porch, covered rear patio and split rail fenced rear yard. The driveway is shared at the bottom portion. There is an additional 13 acre lot available not included at this price. Call listing agent for pricing. The property is currently under Clean & Green. Subdivision of the house an additional lot is complete. The shed at the rear of the property does not go with the house but is on the 13 acre parcel. Total square footage including the lower level is approximately 4,262. The house has been a rental for a few years and is in rough condition and in need of quite a bit of TLC but has enormous potential. Being sold AS IS. Possession is subject to the tenant moving which is uncertain due to Covid-19.

Last Listed By

Jose Candelaria

RE/MAX Of Reading License #RS193774L Listed on: 06/03/2020

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,498

Year Built

  • Built in 1999

Lot Details

  • 12.34 Acre Lot
  • Split Rail Fence
  • Stone Retaining Walls
  • Property is in below average condition

Parking

  • 2 Car Direct Access Garage
  • 20 Driveway Spaces
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 1.5 Levels
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Underground Utilities
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Propane Water Heater
  • Municipal Trash
  • On Site Septic
  • Phone Available

Community Details

  • No Home Owners Association
  • Arbor Hills Subdivision

Listing and Financial Details

  • Tax Lot 0535
  • Clean and Green
  • Assessor Parcel Number 34-4393-02-65-0535

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,498

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer
  • Historic: No
  • Home Warranty: No
  • Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Large & spacious custom built Cape Cod perched on a gorgeous little less than 3 acre lot with million dollar views offering privacy, peace, tranquility and accessible by a very long driveway! The main level features a great room with cathedral ceiling open to the 2nd floor, a beautiful floor to ceiling hearth wood-burning fireplace, gorgeous gourmet kitchen with eating bar, island, copper farmhouse sink, granite countertops, travertine tile floor & backsplash, spacious formal dining room with hardwood floor, large laundry room with ample cabinets, master suite with fantastic bath with tiled walk-in shower, soaking tub, double sink, walk-in closet and sky lite, BR 2 and 2nd full bath. Level 2 has 4 spacious private bedrooms and a large 3rd full bath. The daylight basement lower level is fully finished an makes for an amazing rec room/family complete with large wet bar, propane stove, walkout to a paver patio. There is also a large finished 16x30 bonus room that could be great for a number of uses. There is ample storage in an unfinished part of the basement. Mechanicals include a high efficiency propane gas furnace, propane gas water heater, water conditioning system with UV light and central air. Additional features include an oversized side entry 2 car garage, 1000 gallon buried propane tank, standard inground septic system, covered country front porch, covered rear patio and split rail fenced rear yard. The driveway is shared at the bottom portion. There is an additional 13 acre lot available not included at this price. Call listing agent for pricing. The property is currently under Clean & Green. Subdivision of the house an additional lot is complete. The shed at the rear of the property does not go with the house but is on the 13 acre parcel. Total square footage including the lower level is approximately 4,262. The house has been a rental for a few years and is in rough condition and in need of quite a bit of TLC but has enormous potential. Being sold AS IS. Possession is subject to the tenant moving which is uncertain due to Covid-19.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet, Vinyl
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Pantry, Skylight(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Wood Floors
  • Window Features: Double Hung, Double Pane, Screens, Skylights
  • Fireplace Features: Free Standing, Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundry, Bedroom 6, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Fully Finished, Heated, Interior Access, Outside Entrance, Poured Concrete, Walkout Level, Windows
  • Basement Finished Percent: 98.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 4262
  • Living Area Sq Ft: 4262
  • Price Per Sq Ft: 140.47
  • Above Grade Finished Sq Ft: 2812
  • Below Grade Finished Sq Ft: 1450
  • Total Below Grade Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Exterior Features: Exterior Lighting, Stone Retaining Walls
  • Roof: Architectural 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 Door Opener, Garage - Side Entry, Built In, Oversized, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 22
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available, Phone Available, Propane, Under Ground, Water Available
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Split Rail
  • Improvement Assessed Value: 145600.00
  • Land Assessed Value: 47500.00
  • Land Use Code: 801
  • Lot Size Acres: 12.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 537530.00
  • Property Condition: Below Average
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1486950
  • School Tax: 5523.00
  • Tax Annual Amount: 7498.00
  • Assessor Parcel Number: 34-4393-02-65-0535
  • Tax Lot: 0535
  • Tax Page Number: 41338
  • Tax Total Finished Sq Ft: 2812
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/06/2020

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 6, 2020
Sold by
King Alvin F and King Rachel S
Bought by
Lorenzetti Louis J and Lorenzetti Nicole M
Seller's Agent
Jose Candelaria
RE/MAX Of Reading
Buyer's Agent
Louise Pena-Candelaria
Keller Williams Platinum Realty - Wyomissing
Sold Price
$350,000
Total Days on Market
44
Current Estimated Value
$524,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,358
Avg. Annual Appreciation
8.83%
Original Mortgage
$315,000
Outstanding Balance
$283,171
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$240,014

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
Lorenzetti Louis J $350,000 Signature Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzetti Louis J $315,000
Previous Owner Bowers Torres Cheryl $380,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $350,000 0.0% $82 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/03/2020 06/03/20 Off Market $350,000 -- --
11/24/2014 11/24/14 Rented $2,000 -23.1% --
11/24/2014 11/24/14 Under Contract -- -- --
09/23/2014 09/23/14 For Rent $2,600 0.0% --
12/16/2013 12/16/13 Sold $495,000 -3.9% $116 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
07/31/2013 07/31/13 Price Changed $515,000 -1.8% $121 / Sq Ft
06/29/2013 06/29/13 Price Changed $524,500 -4.6% $123 / Sq Ft
04/04/2013 04/04/13 Price Changed $549,900 -5.0% $129 / Sq Ft
02/20/2013 02/20/13 Price Changed $579,000 -3.2% $136 / Sq Ft
01/24/2013 01/24/13 For Sale $598,000 -- $140 / 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 $2,348 $196,700 $51,100 $145,600
2024 $8,137 $196,700 $51,100 $145,600
2023 $7,835 $196,700 $51,100 $145,600
2022 $7,737 $196,700 $51,100 $145,600
2021 $7,638 $196,700 $51,100 $145,600
2020 $7,498 $193,100 $47,500 $145,600
2019 $7,354 $193,100 $47,500 $145,600
2018 $7,257 $193,100 $47,500 $145,600
2017 $7,106 $193,100 $47,500 $145,600
2016 $1,836 $193,200 $47,600 $145,600
2015 $1,836 $193,200 $47,600 $145,600
2014 $1,765 $193,200 $47,600 $145,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK358390

Bright MLS

APN: 34-4393-02-65-0535