NOT LISTED FOR SALE

405 Pine St West Reading, PA 19611

Estimated Value: $194,000 - $247,000

3 Beds
1 Bath
1,150 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $110,000 $96 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,328/month

107 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • West Reading Elementary Center Rated A-
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

This was grandmom's & grandpop's home for the last several decades and its decor reflects that. It's a solid building with a newer roof and central air but you're going to want to do some redecorating. We've more than allowed for that in the asking price. West Reading is a great community to live in and Penn Ave is the place to go for shopping or a great night out with many varied restaurants, micro breweries and other attractions. A little elbow grease will go a long way in earning you instant equity!!

Last Listed By

Craig Binkley

A G Binkley Jr Real Estate Listed on: 10/02/2019

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1923

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2.5 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7501
  • Assessor Parcel Number 93-5306-06-28-7501

Community Details

Overview

  • No Home Owners Association
  • West Reading Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1923
  • Remarks Public: This was grandmom's & grandpop's home for the last several decades and its decor reflects that. It's a solid building with a newer roof and central air but you're going to want to do some redecorating. We've more than allowed for that in the asking price. West Reading is a great community to live in and Penn Ave is the place to go for shopping or a great night out with many varied restaurants, micro breweries and other attractions. A little elbow grease will go a long way in earning you instant equity!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 104.26
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55500.00
  • Land Assessed Value: 17000.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1587675
  • School Tax: 2279.00
  • Tax Annual Amount: 3548.00
  • Assessor Parcel Number: 93-5306-06-28-7501
  • Tax Lot: 7501
  • Tax Total Finished Sq Ft: 1150
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 03/04/2020

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Mar 4, 2020
Sold by
Ziegenfuss Susan Lee and Busch Jeffrey L
Bought by
Ringler Michael and Ringler Tam Minh
Seller's Agent
Craig Binkley
A G Binkley Jr Real Estate
Buyer's Agent
Merlin Weaver
Compass RE
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Total Days on Market
107
Current Estimated Value
$213,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,720
Avg. Annual Appreciation
14.42%
Original Mortgage
$88,000
Outstanding Balance
$78,905
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$141,495

Purchase Details

Closed on
May 21, 1965
Bought by
Busch Leonard A and Busch Fern E

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Ringler Michael $110,000 Regal Abstract
Busch Leonard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ringler Michael $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $110,000 -8.3% $96 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
12/04/2019 12/04/19 Price Changed $119,900 -7.7% $104 / Sq Ft
10/02/2019 10/02/19 For Sale $129,900 -- $113 / 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 $1,639 $72,500 $17,000 $55,500
2024 $4,007 $72,500 $17,000 $55,500
2023 $2,660 $72,500 $17,000 $55,500
2022 $3,719 $72,500 $17,000 $55,500
2021 $3,655 $72,500 $17,000 $55,500
2020 $3,548 $72,500 $17,000 $55,500
2019 $3,475 $72,500 $17,000 $55,500
2018 $3,377 $72,500 $17,000 $55,500
2017 $3,302 $72,500 $17,000 $55,500
2016 $1,064 $72,500 $17,000 $55,500
2015 $1,064 $72,500 $17,000 $55,500
2014 $1,028 $72,500 $17,000 $55,500
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PABK348846

Bright MLS

APN: 93-5306-06-28-7501