$50,000
SOLD OCT 18, 2013

26-12 Laurel Springs Ln Reading, PA 19606

2 Beds
2 Baths
1,365 Sq Ft
$103/mo HOA Fee

Recently Sold

$37 Per Sq Ft

9% Below List Price

147 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Tennis Courts
  • Exeter Township Senior High School Rated A-
  • Community Pool
  • Balcony

About This Home

As of October 2016

This two bedroom, second floor condo needs renovation but offers many possibilities. There is a large storage closet at the base of the stairs to the second floor. The kitchen has modern wood cabinets and there is an adjacent laundry room. The dining room and kitchen have large windows providing lots of natural light. The spacious living room has a slider to a large, covered balcony. The hallway, dining room and living room have pergo type flooring. Both bedrooms have newer carpeting, the master bedroom bathroom is in disrepair. With cleanup and repairs, this unit could be brought back to life.

Last Agent to Sell the Property

Sandy Matz

RE/MAX Of Reading Listed on: 07/05/2012

RE/MAX Of Reading

Last Buyer's Agent

Pat Kofke

RE/MAX Of Reading

RE/MAX Of Reading

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,365 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Dishwasher
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in below average condition

Listing and Financial Details

  • Tax Lot 5031-C02
  • Assessor Parcel Number 43-5325-06-29-5031-C02

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, insurance
  • $600 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1979
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Master Bath(s)
  • Fireplace: No
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1365
  • Living Area Sq Ft: 1365
  • Net Sq Ft: 1365.00
  • Price Per Sq Ft: 41.03
  • Above Grade Finished Sq Ft: 1365
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 103.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Insurance
  • HOA: No

Fee Information

  • Other Fees: 600.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Improvement Assessed Value: 69300.00
  • Land Use Code: 152
  • Lot Features: Level
  • Lot Dimensions: COMMON
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4821827
  • Tax Annual Amount: 2844.00
  • Assessor Parcel Number: 43-5325-06-29-5031-C02
  • Tax Lot: 5031-C02
  • Tax Year: 2013
  • Close Date: 10/18/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 5, 2016
Sold by
Snyder Michael
Bought by
Middleton Michael P
Seller's Agent
bradley difulvio
Pagoda Realty
List Price
$59,900
Sold Price
$56,900
Premium/Discount to List
-$3,000
-5.01%
Current Estimated Value
$194,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,428
Avg. Annual Appreciation
12.24%
Original Mortgage
$54,055
Outstanding Balance
$43,873
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$113,117

Purchase Details

Listed on
Jul 5, 2012
Closed on
Oct 7, 2013
Sold by
Gregg Donald E and Gregg Kathleen M
Bought by
Snyder Michael
Seller's Agent
Sandy Matz
RE/MAX Of Reading
Buyer's Agent
Pat Kofke
RE/MAX Of Reading
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
May 15, 2006
Sold by
Moyer John L
Bought by
Gregg Donald E and Gregg Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,357
Interest Rate
6.62%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $56,900 None Available
Deed $50,000 None Available
Deed $82,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,055 New Conventional
Previous Owner $81,357 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $56,900 0.0% $42 / Sq Ft
08/25/2016 08/25/16 Off Market $56,900 -- --
08/24/2016 08/24/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $59,900 0.0% $44 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $59,900 +19.8% $44 / Sq Ft
10/18/2013 10/18/13 Sold $50,000 -10.7% $37 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
11/07/2012 11/07/12 Price Changed $56,000 -3.4% $41 / Sq Ft
10/23/2012 10/23/12 Price Changed $58,000 +5.6% $42 / Sq Ft
10/18/2012 10/18/12 For Sale $54,900 0.0% $40 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $54,900 -- $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 $687 $49,700 -- $49,700
2024 $2,360 $49,700 -- $49,700
2023 $2,283 $49,700 $0 $49,700
2022 $2,258 $49,700 $0 $49,700
2021 $2,223 $49,700 $0 $49,700
2020 $2,199 $49,700 $0 $49,700
2019 $2,174 $49,700 $0 $49,700
2018 $2,168 $49,700 $0 $49,700
2017 $2,137 $49,700 $0 $49,700
2016 $522 $49,700 $0 $49,700
2015 $522 $49,700 $0 $49,700
2014 $503 $69,300 $0 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004029624

Bright MLS

APN: 43-5325-06-29-5031-C02