NOT LISTED FOR SALE

406 Oak Terrace Reading, PA 19611

Estimated Value: $246,000 - $280,000

4 Beds
2 Baths
1,540 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $99,900 $65 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,540/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • West Reading Elementary Center Rated A-
  • Attic
  • Eat-In Kitchen

About This Home

As of March 2014

Fantastic 4 bedroom brick row on tree lined street. With spacious 4th bedroom on third floor, central air, and finished lower level, this home is as nice as they come. Full bath and laundry off family room, hardwood floors, off street parking, nice kitchen.

Last Agent to Sell the Property

Bradley Bentz

(484) 645-3764 brad.bentz@cbhomes.com Coldwell Banker Realty Listed on: 01/04/2014

Coldwell Banker Realty

Last Buyer's Agent

Loretta Leibert

(215) 514-4872 lorettaleibert@gmail.com BHHS Homesale Realty- Reading Berks License #AB067626

BHHS Homesale Realty- Reading Berks

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1924

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Open Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6692
  • Assessor Parcel Number 93-5306-06-28-6692

Townhouse Details

Home Type

Townhome

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1924
  • Remarks Public: Fantastic 4 bedroom brick row on tree lined street. With spacious 4th bedroom on third floor, central air, and finished lower level, this home is as nice as they come. Full bath and laundry off family room, hardwood floors, off street parking, nice kitchen.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Net Sq Ft: 1540.00
  • Price Per Sq Ft: 64.87
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 406

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: WYOMISSING AREA
  • School District Key: 300200397308

Lot Info

  • Improvement Assessed Value: 62700.00
  • Land Assessed Value: 17000.00
  • Land Use Code: 112R
  • Lot Size Acres: 0.05
  • Lot Dimensions: IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1587658
  • Tax Annual Amount: 3469.00
  • Assessor Parcel Number: 93-5306-06-28-6692
  • Tax Lot: 6692
  • Tax Year: 2014
  • Close Date: 03/31/2014

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2014
Closed on
Mar 31, 2014
Sold by
Scheetz Kathleen L
Bought by
Santiago Wilfredo and Santiago Felicita
Seller's Agent
Bradley Bentz
Coldwell Banker Realty
Buyer's Agent
Loretta Leibert
BHHS Homesale Realty- Reading Berks
List Price
$109,900
Sold Price
$99,900
Premium/Discount to List
-$10,000
-9.1%
Current Estimated Value
$262,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,270
Avg. Annual Appreciation
9.23%
Original Mortgage
$79,900
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2003
Sold by
Funk John H and Funk Margaret M
Bought by
Scheetz Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,405
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Santiago Wilfredo $99,900 None Available
Scheetz Kathleen L $89,900 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Wilfredo $79,900
Previous Owner Scheetz Kathleen L $85,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $99,900 0.0% $65 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/24/2014 02/24/14 Price Changed $99,900 -4.8% $65 / Sq Ft
02/01/2014 02/01/14 Price Changed $104,900 -4.5% $68 / Sq Ft
01/04/2014 01/04/14 For Sale $109,900 -- $71 / 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 $1,802 $79,700 $17,000 $62,700
2024 $4,405 $79,700 $17,000 $62,700
2023 $2,924 $79,700 $17,000 $62,700
2022 $4,089 $79,700 $17,000 $62,700
2021 $4,018 $79,700 $17,000 $62,700
2020 $3,901 $79,700 $17,000 $62,700
2019 $3,820 $79,700 $17,000 $62,700
2018 $3,712 $79,700 $17,000 $62,700
2017 $3,629 $79,700 $17,000 $62,700
2016 $1,169 $79,700 $17,000 $62,700
2015 $1,169 $79,700 $17,000 $62,700
2014 $1,130 $79,700 $17,000 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002777878

Bright MLS

APN: 93-5306-06-28-6692