NOT LISTED FOR SALE

3 Woods Way Reading, PA 19610

Spring Ridge Neighborhood

Estimated Value: $1,119,000 - $1,328,000

5 Beds
7 Baths
7,412 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $900,000 $121 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,368/month

Highlights

  • In Ground Pool
  • Eat-In Gourmet Kitchen
  • Gated Community
  • Wilson West Middle School Rated 9+
  • Panoramic View
  • Commercial Range

About This Home

As of October 2021

Stunning stately home on the largest lot in Inverness in the Wilson School District with amazing views of the open country side and rolling hills. This elegant home features Brazilian cherry floors throughout the first floor, custom cherry gourmet kitchen with high end appliances and vaulted ceilings, vaulted family room with dramatic stone fireplace, coffered ceiling and fireplace in the living room, first floor office with custom built-ins, a finished basement, 2nd floor laundry and an incredible outdoor living space ideal for entertaining large groups. Each of the 5 bedrooms has it's own full bath attached. Outdoor kitchen features built-in grill and kegerator surrounded by a granite top stone bar.

Last Agent to Sell the Property

Matt Wolf

(610) 587-3844 MWolf@remax.net RE/MAX Of Reading License #RS271731 Listed on: 04/06/2021

RE/MAX Of Reading

Last Buyer's Agent

Samuel Padovani

(484) 955-9599 spadovani@goberkscounty.com RE/MAX Of Reading License #RS320171

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,856

Year Built

  • Built in 2001

Lot Details

  • 3.45 Acre Lot
  • Lot Dimensions are 635 x 313
  • Backs To Open Common Area
  • Cul-De-Sac
  • West Facing Home
  • Split Rail Fence
  • Property is Fully Fenced
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Open Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 8 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Garden

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof
  • Architectural Shingle Roof
  • Stone Siding
  • Active Radon Mitigation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Mud Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Laundry on upper level

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Self-Cleaning Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement with some natural light

Home Security

  • Home Security System
  • Motion Detectors

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill
  • Playground
  • Rain Gutters
  • Porch

Schools

  • Spring Ridge Elementary School
  • Wilson West Middle School
  • Wilson High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Water Conditioner is Owned
  • Municipal Trash
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7367
  • Assessor Parcel Number 80-4387-02-98-7367

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Spring Ridge Woods HOA
  • Built by Carlino
  • Inverness At Sprin Subdivision, Bishopton Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,856

Year Built

Built in 2001

Lot Details

0

HOA Fees

$333 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning stately home on the largest lot in Inverness in the Wilson School District with amazing views of the open country side and rolling hills. This elegant home features Brazilian cherry floors throughout the first floor, custom cherry gourmet kitchen with high end appliances and vaulted ceilings, vaulted family room with dramatic stone fireplace, coffered ceiling and fireplace in the living room, first floor office with custom built-ins, a finished basement, 2nd floor laundry and an incredible outdoor living space ideal for entertaining large groups. Each of the 5 bedrooms has it's own full bath attached. Outdoor kitchen features built-in grill and kegerator surrounded by a granite top stone bar.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Commercial Range, Disposal, Energy Efficient Appliances, Oven - Double, Oven - Self Cleaning, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Water Conditioner - Owned, Water Heater, Water Heater - High-Efficiency, Energy Star Refrigerator, Microwave
  • Flooring Type: Carpet, Ceramic Tile, Fully Carpeted, Hardwood, Wood
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wainscotting, Water Treat System, Wood Floors, Ceiling Fan(s), Tub Shower
  • Window Features: Insulated, Double Pane
  • Fireplace Features: Mantel(s), Stone, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, High, 2 Story Ceilings, Vaulted Ceilings, Tray Ceilings
  • Foundation Details: Active Radon Mitigation, Concrete Perimeter
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Breakfast Room, Mud Room, Office, Recreation Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Daylight, Partial, Poured Concrete, Outside Entrance, Walkout Stairs, Improved, Interior Access, Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 7412
  • Living Area Sq Ft: 7412
  • Price Per Sq Ft: 151.52
  • Above Grade Finished Sq Ft: 6600
  • Below Grade Finished Sq Ft: 812
  • Total Below Grade Sq Ft: 812
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo
  • Construction Materials: Stone, Stucco
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Gutter System, Play Area, Stone Retaining Walls, Hot Tub
  • Pool Features: In Ground
  • Roof: Architectural Shingle, Shingle, Pitched
  • View: Garden/Lawn, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Paved Parking
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 8

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: Natural Gas
  • Security: Motion Detectors, Security System
  • Sewer/Septic System: Private Septic Tank, Private Septic Tank
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 4000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Gated Community
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance
  • HOA Name: SPRING RIDGE WOODS HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WILSON
  • Elementary School: SPRING RIDGE
  • Middle School: WILSON WEST
  • High School: WILSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397305
  • School District Source: Listing Agent
  • Elementary School: SPRING RIDGE
  • High School: WILSON
  • Middle Or Junior School: WILSON WEST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Split Rail
  • Improvement Assessed Value: 441400.00
  • Land Assessed Value: 108200.00
  • Land Use Code: 115P
  • Lot Features: Backs To Trees, Cul-De-Sac, Front Yard, Landscaping, Open, Premium, Rear Yard, Sideyard(s), Trees/Wooded, Backs - Open Common Area, No Thru Street
  • Lot Size Acres: 3.45
  • Lot Dimensions: 635 X 313
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 150282.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Building Info

  • Builder Name: Carlino

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1573115
  • School Tax: 15202.00
  • Tax Annual Amount: 21856.00
  • Assessor Parcel Number: 80-4387-02-98-7367
  • Tax Lot: 7367
  • Tax Page Number: 51
  • Tax Total Finished Sq Ft: 7412
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/05/2021

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Sep 28, 2021
Sold by
Magalotti Ernest A and Magalotti Denise L
Bought by
Gunawan Fanny N and Chi Zhenguan
Seller's Agent
Matt Wolf
RE/MAX Of Reading
Buyer's Agent
Samuel Padovani
RE/MAX Of Reading
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%
Current Estimated Value
$1,199,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,333
Avg. Annual Appreciation
7.23%
Original Mortgage
$720,000
Outstanding Balance
$658,741
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$530,274

Purchase Details

Closed on
Apr 21, 2005
Sold by
Gable Steve and Gable Kathleen
Bought by
Magalotti Ernest A and Magalotti Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 2001
Sold by
Estate Properties Inc
Bought by
Gable Steve and Gable Kathleen
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Gunawan Fanny N $900,000 Signature Abstract
Magalotti Ernest A $950,000 --
Gable Steve $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunawan Fanny N $720,000
Previous Owner Magalotti Ernest A $150,000
Previous Owner Magalotti Ernest A $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $900,000 -10.0% $121 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $1,000,000 0.0% $135 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $1,000,000 -- $135 / 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 $8,114 $549,600 $108,200 $441,400
2024 $23,515 $549,600 $108,200 $441,400
2023 $22,406 $549,600 $108,200 $441,400
2022 $21,856 $549,600 $108,200 $441,400
2021 $21,087 $549,600 $108,200 $441,400
2020 $21,087 $549,600 $108,200 $441,400
2019 $20,487 $549,600 $108,200 $441,400
2018 $20,312 $549,600 $108,200 $441,400
2017 $22,671 $624,000 $123,200 $500,800
2016 $6,496 $624,000 $123,200 $500,800
2015 $6,496 $624,000 $123,200 $500,800
2014 $6,496 $624,000 $123,200 $500,800
Source: Public Records

Agents Affiliated with this Home

  • Matt Wolf

    Seller's Agent in 2021

    Matt Wolf

    RE/MAX of Reading

    (610) 587-3844

    16 in this area

    446 Total Sales

    Matt Wolf
    Section Image
  • Samuel Padovani

    Buyer's Agent in 2021

    Samuel Padovani

    RE/MAX of Reading

    (484) 955-9599

    6 in this area

    231 Total Sales

    Samuel Padovani
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK375334

Bright MLS

APN: 80-4387-02-98-7367

Pennsylvania Berks County Reading 19610 Spring Ridge

3 Woods Way, Reading, PA

This home is located at 3 Woods Way, Reading, PA 19610 since 06 April 2021 and is currently estimated at $1,199,333, approximately $161 per square foot. This property was built in 2001. 3 Woods Way is a home located in Berks County with nearby schools including Spring Ridge Elementary School, Wilson West Middle School, and Wilson High School.

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