361 Reading Furnace Rd Elverson, PA 19520
Warwick NeighborhoodEstimated Value: $413,000 - $476,000
3
Beds
2
Baths
1,704
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Greenhouse
- View of Trees or Woods
- Stream or River on Lot
- French Creek Elementary School Rated A-
- Secluded Lot
- Rambler Architecture
About This Home
As of October 2021Enjoy nature's beauty every day living in this country ranch home, located on a scenic country road. This home has plenty of privacy and is situated on a beautiful 2 acre, treed lot with small stream. For the car, or hobby enthusiast, there is an oversized 27x28 detached garage with full 2nd story. Home features include a large living room and dining room with 2 sided stone fireplace. The living room has a large picture window with a view of the mature landscaped yard. The dining room includes refinished oak hardwood floors, and a sliding glass patio door leading to the deck, for outdoor dining. Kitchen features include ceramic tile floors, walnut stained wood cabinets, stainless steel dishwasher and refrigerator, and smooth top electric range. The owner's bedroom features a full bath with shower and 2 large closets, there is also 2 additional generous size bedrooms on the main level. All bedroom include hardwood flooring and closet storage space. The full daylight basement is mainly unfinished and includes another stone fireplace. This area has great potential to finish off into a large additional living space. There is a finished 12 x 12 basement den/office room, with wood paneling. The home includes a hardwired Generac propane generator that automatically switches the power and runs in the event of a power outage. Mechanical updates include a deluxe well water treatment system with UV light, replaced roof in 2016, and vinyl replacement window from 2010 to 12. Make your appointment today to see all the great this home has to offer!
Last Agent to Sell the Property
RE/MAX Of Reading License #RS182255L Listed on: 08/26/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,439
Year Built
- Built in 1976
Lot Details
- 2 Acre Lot
- Rural Setting
- Secluded Lot
- Sloped Lot
- Backs to Trees or Woods
- Back and Front Yard
- Property is in average condition
Parking
- 2 Car Detached Garage
- 2 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
Home Design
- Rambler Architecture
- Block Foundation
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Den
- Views of Woods
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Stream or River on Lot
- Greenhouse
- Outbuilding
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Heating System Powered By Owned Propane
- 200+ Amp Service
- Power Generator
- Well
- Propane Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 0003.01B0
- Assessor Parcel Number 19-08 -0003.01B0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Sep 3, 2021
Sold by
Green Robert C and Campbell Doris E
Bought by
Mcelroy David C and Mcelroy Elizabeth Nevin
Seller's Agent
Mark Shanaman
RE/MAX Of Reading
Buyer's Agent
William Cochrane
James A Cochrane Inc
List Price
$305,000
Sold Price
$347,000
Premium/Discount to List
$42,000
13.77%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,453
Avg. Annual Appreciation
6.96%
Original Mortgage
$322,000
Outstanding Balance
$254,025
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$190,492
Purchase Details
Closed on
Nov 1, 1993
Bought by
Green Robert C and Campbell Doris E
Similar Homes in Elverson, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcelroy David C | $347,000 | Admiral Search & Abstract Co | |
| Green Robert C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcelroy David C | $322,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $347,000 | 0.0% | $204 / Sq Ft |
| 08/31/2021 08/31/21 | Off Market | $347,000 | -- | -- |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $305,000 | -- | $179 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,619 | $143,800 | $42,690 | $101,110 |
| 2023 | $5,534 | $143,800 | $42,690 | $101,110 |
| 2022 | $5,439 | $143,800 | $42,690 | $101,110 |
| 2021 | $5,369 | $143,800 | $42,690 | $101,110 |
| 2020 | $5,223 | $143,800 | $42,690 | $101,110 |
| 2019 | $5,120 | $143,800 | $42,690 | $101,110 |
| 2018 | $5,015 | $143,800 | $42,690 | $101,110 |
| 2017 | $4,889 | $143,800 | $42,690 | $101,110 |
| 2016 | $4,269 | $143,800 | $42,690 | $101,110 |
| 2015 | $4,269 | $143,800 | $42,690 | $101,110 |
| 2014 | $4,269 | $143,800 | $42,690 | $101,110 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Shanaman
Seller's Agent in 2021
Mark Shanaman
RE/MAX of Reading
(484) 256-7956
3 in this area
130 Total Sales
-
William Cochrane
Buyer's Agent in 2021
William Cochrane
James A Cochrane Inc
(610) 476-4779
10 in this area
123 Total Sales
Map
Source: Bright MLS
MLS Number: PACT2006170
APN: 19-008-0003.01B0
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