NOT LISTED FOR SALE

342 Reading Furnace Rd Elverson, PA 19520

Warwick Neighborhood

Estimated Value: $1,194,000 - $1,640,000

6 Beds
3.5 Baths
5,256 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 03, 2012

Last sale price $1,100,000 $209 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,010/month

139 Days on Market

Highlights

  • Commercial Range
  • 10.4 Acre Lot
  • Wood Flooring
  • French Creek Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of January 2012

Amazing historic property, minutes from Stonewall Golf Club. 10+ Lush acres w/rolling views of the conserved Reading Furnace Farm, French Creek running through lower portion of the property, and a scenic pond. The original 200+ yr old Historic Chrisman Farmhouse, carefully restored to pristine condition while keeping all of the old world charm included door hardware, orig. windows, rounded plaster walls, extensive wood trim & original hardwood flooring. A lg. 3 story addition completes this property & brings all of the conveniences of modern living. High end gourmet kitchen w/large eat in area, gracious Master BR suite w/laundry rm & well equipped master bath. Finished w/o lower level w/"InLaw" BR & Full Bath. Addt'l features incl 6 Fireplaces, wine cellar rm in bsmt, stone wall, 50 yr roof, new septic tank & drain lines, new well pump, well deepened, 2 cov mahogony porches, 4 car det gar/storage above. See attached document for all features & specs. No detail left untouched. This is a showpiece renovation.

Last Agent to Sell the Property

Alex Coates

Keller Williams Realty Devon-Wayne License #RM422891 Listed on: 05/25/2011

Keller Williams Realty Devon-Wayne

Last Buyer's Agent

Kathleen Rhode

Century 21 Gold License #TREND:227832

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,453

Year Built

  • Built in 1802

Lot Details

  • 10.4 Acre Lot
  • Property is in good condition
  • Property is zoned RA

Parking

  • 4 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • 5,256 Sq Ft Home
  • Property has 2 Levels
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Commercial Range
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Owen J Roberts Middle School
  • Owen J Roberts High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0014
  • Assessor Parcel Number 19-08 -0014

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,453

Year Built

Built in 1802

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1802
  • Remarks Public: Amazing historic property, minutes from Stonewall Golf Club. 10+ Lush acres w/rolling views of the conserved Reading Furnace Farm, French Creek running through lower portion of the property, and a scenic pond. The original 200+ yr old Historic Chrisman Farmhouse, carefully restored to pristine condition while keeping all of the old world charm included door hardware, orig. windows, rounded plaster walls, extensive wood trim & original hardwood flooring. A lg. 3 story addition completes this property & brings all of the conveniences of modern living. High end gourmet kitchen w/large eat in area, gracious Master BR suite w/laundry rm & well equipped master bath. Finished w/o lower level w/"InLaw" BR & Full Bath. Addt'l features incl 6 Fireplaces, wine cellar rm in bsmt, stone wall, 50 yr roof, new septic tank & drain lines, new well pump, well deepened, 2 cov mahogony porches, 4 car det gar/storage above. See attached document for all features & specs. No detail left untouched. This is a showpiece renovation.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Double, Oven - Self Cleaning, Commercial Range, Dishwasher, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Dining Area
  • Fireplace Features: Stone
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5256
  • Living Area Sq Ft: 5256
  • Net Sq Ft: 5256.00
  • Price Per Sq Ft: 228.31
  • Above Grade Finished Sq Ft: 5256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 342

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: OWEN J ROBERTS
  • Middle School: OWEN J ROBERTS
  • High School: OWEN J ROBERTS
  • School District Key: 300200397338
  • High School: OWEN J ROBERTS
  • Middle Or Junior School: OWEN J ROBERTS

Lot Info

  • Improvement Assessed Value: 378120.00
  • Land Assessed Value: 1950.00
  • Land Use Code: R10
  • Lot Size Acres: 10.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 453024.00
  • Property Condition: Good
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 252723
  • Tax Annual Amount: 11453.00
  • Assessor Parcel Number: 19-08 -0014
  • Tax Lot: 0014
  • Tax Year: 2011
  • Close Date: 01/03/2012

MLS Schools

  • School District Name: OWEN J ROBERTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2011
Closed on
Jan 3, 2012
Sold by
Florence Raymond E and Florence Daphne J
Bought by
Smith John H and Smith Megan J
Seller's Agent
Alex Coates
Keller Williams Realty Devon-Wayne
Buyer's Agent
Kathleen Rhode
Century 21 Gold
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Total Days on Market
139
Current Estimated Value
$1,384,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,457
Avg. Annual Appreciation
1.17%
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Leonard Eileen M
Bought by
Florence Raymond E and Florence Daphne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Smith John H $1,100,000 None Available
Florence Raymond E $670,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith John H $410,000
Closed Smith John H $417,000
Previous Owner Florence Daphne J $200,000
Previous Owner Florence Daphne J $999,950
Previous Owner Florence Raymond $150,000
Previous Owner Florence Raymond E $536,000
Previous Owner Florence Raymond E $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2012 01/03/12 Sold $1,100,000 -8.3% $209 / Sq Ft
10/11/2011 10/11/11 Pending -- -- --
05/25/2011 05/25/11 For Sale $1,200,000 -- $228 / 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
2024 $14,851 $452,760 $74,640 $378,120
2023 $14,625 $452,760 $74,640 $378,120
2022 $14,375 $452,760 $74,640 $378,120
2021 $14,191 $452,760 $74,640 $378,120
2020 $13,806 $452,760 $74,640 $378,120
2019 $13,533 $452,760 $74,640 $378,120
2018 $13,254 $452,760 $74,640 $378,120
2017 $12,922 $452,760 $74,640 $378,120
2016 $11,542 $452,760 $74,640 $378,120
2015 $11,542 $452,760 $74,640 $378,120
2014 $11,542 $452,760 $74,640 $378,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004404824

Bright MLS

APN: 19-008-0014.0000