NOT LISTED FOR SALE

402 Arrowhead Trail Reading, PA 19608

Estimated Value: $1,043,000 - $1,276,000

5 Beds
5 Baths
5,000 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $1,100,000 $220 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,553/month

21 Days on Market

Highlights

  • Private Pool
  • Gourmet Kitchen
  • Dual Staircase
  • Wilson High School Rated A-
  • 6.32 Acre Lot
  • Contemporary Architecture

About This Home

As of October 2023

Stunning in Sinking Spring! Enjoy this spectacular home secluded on 6.32 acres in a private estate setting. This home has been impeccably remodeled and artfully placed to take full advantage of the amazing atmosphere. Awe-inspiring contemporary architecture, custom inground pool, putting green, koi pond and extra large outbuildings. Too many amenities to describe. Magnificent and expansive kitchen features modern appliances and upgraded custom granite countertops. Oversized windows galore allow you to enjoy the beautiful highlights of nature while at the same time providing a sanctuary from the hustle and bustle of life. Just imagine living life to its fullest jumping in the pool and cooking on the grill on the large covered terrace after a long day at work. Or, relax in the steam shower. And, no need to worry about tracking wet feet in the house since your guests can change in the cabana out-building next to the pool. There is also a lap pool and exercise room with rubber flooring in the basement with a separate exit/entrance to the attached 3 car garage. A whole house generator will help keep you warm in the winter if the power goes out. The auto enthusiast will be living the dream in the 9 car garage and additional pole barn, both have high ceilings and own heating system. These garage outbuildings are amazing! With two primary suites, you could use one as a guest or inlaw suite. Must see. Home Warranty Included with acceptable Agreement of Sale. Owner is a licensed PA Realtor.

Last Agent to Sell the Property

Ron Landis

(610) 587-6563 rslandis@hotmail.com BHHS Homesale Realty- Reading Berks Listed on: 07/20/2023

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Ron Landis

(610) 587-6563 rslandis@hotmail.com BHHS Homesale Realty- Reading Berks Listed on: 07/20/2023

BHHS Homesale Realty- Reading Berks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,394

Year Built

  • Built in 1986

Lot Details

  • 6.32 Acre Lot
  • Extensive Hardscape
  • Property is in excellent condition

Parking

  • 13 Garage Spaces | 3 Direct Access and 10 Detached
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 2 Levels
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Stained Glass
  • Transom Windows
  • Sliding Windows
  • Window Screens
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Motion Detectors

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

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

Basement

  • Connecting Stairway
  • Crawl Space

Accessible Home Design

  • Level Entry For Accessibility

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Multiple Balconies
  • Patio
  • Terrace
  • Exterior Lighting
  • Outbuilding
  • Wrap Around Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Heating System Powered By Owned Propane
  • Summer or Winter Changeover Switch For Heating
  • Above Ground Utilities
  • Propane
  • Summer or Winter Changeover Switch For Hot Water
  • Water Treatment System
  • Multi-Tank Hot Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Oaks Subdivision

Listing and Financial Details

  • Tax Lot 7174
  • Assessor Parcel Number 80-4385-07-59-7174

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,394

Year Built

Built in 1986

Lot Details

0

Parking

13

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Personal Items.
  • Historic: No
  • Inclusions: Office desk furniture if interested.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Washer, Water Conditioner - Owned
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Additional Stairway, Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Laundry Chute, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stain/Lead Glass, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Whirlpool/Hottub, Wood Floors
  • Window Features: Sliding, Transom, Screens
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space, Slab, Other
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 4, Bedroom 5, Kitchen, Family Room, Exercise Room, Great Room, Office, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Laundry Type: Main Floor
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 237.60
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Hot Tub, Outbuilding(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 13.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Number Of Detached Garage Spaces: 10
  • Total Garage And Parking Spaces: 13
  • Type Of Parking: Attached Garage, Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Propane - Owned
  • Heating Type: Heat Pump(s), Heat Pump - Electric Backup, Summer/Winter Changeover
  • Heating: Yes
  • Hot Water: S/W Changeover, Multi-Tank
  • Security: Motion Detectors
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Above Ground, Electric Available, Phone Available, Propane
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 6.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 275299.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s), Wrap Around, Terrace
  • Property Condition: Excellent, Very Good
  • Zoning: RES

Rental Info

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

Tax Info

  • School Tax: 12931.00
  • Tax Annual Amount: 18394.00
  • Assessor Parcel Number: 80-4385-07-59-7174
  • Tax Lot: 7174
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 5, 2023
Sold by
Landis Ronald S and Landis Sue Tillman
Bought by
Patel Mital and Alvarez Ivannis
Seller's Agent
Ron Landis
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Ron Landis
BHHS Homesale Realty- Reading Berks
List Price
$1,388,000
Sold Price
$1,100,000
Premium/Discount to List
-$288,000
-20.75%
Views
240
Current Estimated Value
$1,133,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,804
Avg. Annual Appreciation
1.49%
Original Mortgage
$990,000
Outstanding Balance
$965,513
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$170,547

Purchase Details

Closed on
Feb 18, 1999
Bought by
Landis Ronald S and Sue Tillman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Mital $1,100,000 None Listed On Document
Landis Ronald S $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mital $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $1,100,000 -7.4% $220 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $1,188,000 -14.4% $238 / Sq Ft
07/20/2023 07/20/23 For Sale $1,388,000 -- $278 / 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 $7,073 $451,200 $142,200 $309,000
2024 $19,305 $451,200 $142,200 $309,000
2023 $18,394 $451,200 $142,200 $309,000
2022 $17,943 $451,200 $142,200 $309,000
2021 $17,311 $451,200 $142,200 $309,000
2020 $17,311 $451,200 $142,200 $309,000
2019 $4,559 $451,200 $142,200 $309,000
2018 $16,675 $451,200 $142,200 $309,000
2017 $16,393 $451,200 $142,200 $309,000
2016 $4,968 $451,200 $142,200 $309,000
2015 $4,968 $451,200 $142,200 $309,000
2014 $4,968 $451,200 $142,200 $309,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2032632

Bright MLS

APN: 80-4385-07-59-7174