NOT LISTED FOR SALE

494 S Wyomissing Ave Reading, PA 19607

Pennwyn Neighborhood

Estimated Value: $127,000 - $218,000

3 Beds
1.5 Baths
1,126 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $25,000 $22 Per Sq Ft

Est. 637% increase in value since last sale

Current estimated payment $1,077/month

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2015

A previous fire has made this home an Investor Special. 2nd and 3rd floor will need to be reconstructed. Enclosed backyard with a detach garage. Close to parks, shopping and major highways. Buyer is responsible for all city and municipal requirements. Property being sold "as-is" its present condition.

Last Agent to Sell the Property

David Hinkel

(610) 909-5431 dave.hinkel@cbhomes.com Coldwell Banker Realty Listed on: 09/19/2015

Coldwell Banker Realty

Last Buyer's Agent

Ed Hong

(484) 269-3638 edhong@kw.com Keller Williams Platinum Realty - Wyomissing

Keller Williams Platinum Realty - Wyomissing

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Shared Driveway

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,126 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

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

Schools

  • Governor Mifflin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9602
  • Assessor Parcel Number 39-4395-10-35-9602

Townhouse Details

Home Type

Townhome

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Property, Washer, Dryer, Refrigerator And Freezer
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: A previous fire has made this home an Investor Special. 2nd and 3rd floor will need to be reconstructed. Enclosed backyard with a detach garage. Close to parks, shopping and major highways. Buyer is responsible for all city and municipal requirements. Property being sold "as-is" its present condition.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1126
  • Living Area Sq Ft: 1126
  • Net Sq Ft: 1126.00
  • Price Per Sq Ft: 35.44
  • Above Grade Finished Sq Ft: 1126
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 494

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Shared Driveway
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • 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: GOVERNOR MIFFLIN
  • High School: GOVERNOR MIFFLIN
  • School District Key: 300200397317
  • High School: GOVERNOR MIFFLIN

Lot Info

  • Improvement Assessed Value: 32300.00
  • Land Assessed Value: 25500.00
  • Land Use Code: 149
  • Lot Size Acres: 0.08
  • Lot Dimensions: SEE LEGAL DESCR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1495408
  • Tax Annual Amount: 2321.00
  • Assessor Parcel Number: 39-4395-10-35-9602
  • Tax Lot: 9602
  • Tax Year: 2015
  • Close Date: 12/15/2015

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2015
Closed on
Dec 15, 2015
Sold by
Forrer Garret L
Bought by
Groff Kristin J
Seller's Agent
David Hinkel
Coldwell Banker Realty
Buyer's Agent
Ed Hong
Keller Williams Platinum Realty - Wyomissing
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%
Current Estimated Value
$184,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,207
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Forrer Heidi L
Bought by
Forrer Garret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2006
Sold by
Miller Charles F and Miller Patricia A
Bought by
Forrer Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,530
Interest Rate
6.71%
Mortgage Type
Future Advance Clause Open End 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
Groff Kristin J $25,000 Conestoga Title Co
Forrer Garret L $90,000 None Available
Forrer Heidi L $92,650 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrer Garret L $88,369
Previous Owner Forrer Heidi L $18,530
Previous Owner Forrer Heidi L $74,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $25,000 -37.3% $22 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $39,900 -- $35 / 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 $1,215 $68,100 $25,500 $42,600
2024 $3,133 $68,100 $25,500 $42,600
2023 $3,046 $68,100 $25,500 $42,600
2022 $2,969 $68,100 $25,500 $42,600
2021 $2,910 $68,100 $25,500 $42,600
2020 $1,440 $68,100 $25,500 $42,600
2019 $1,423 $33,700 $25,500 $8,200
2018 $2,396 $57,800 $25,500 $32,300
2017 $2,350 $57,800 $25,500 $32,300
2016 $920 $57,800 $25,500 $32,300
2015 $920 $57,800 $25,500 $32,300
2014 $920 $57,800 $25,500 $32,300
Source: Public Records

Agents Affiliated with this Home

  • David Hinkel

    Seller's Agent in 2015

    David Hinkel

    Coldwell Banker Realty

    (610) 909-5431

    157 Total Sales

    David Hinkel
    Section Image
  • Ed Hong

    Buyer's Agent in 2015

    Ed Hong

    Keller Williams Platinum Realty - Wyomissing

    (484) 269-3638

    1 in this area

    43 Total Sales

    Ed Hong
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002704398

Bright MLS

APN: 39-4395-10-35-9602

Pennsylvania Berks County Reading 19607 Pennwyn

494 S Wyomissing Ave, Reading, PA

This home is located at 494 S Wyomissing Ave, Reading, PA 19607 since 19 September 2015 and is currently estimated at $184,207, approximately $163 per square foot. This property was built in 1910. 494 S Wyomissing Ave is a home located in Berks County with nearby schools including Cumru Elementary School, Governor Mifflin Intermediate School, and Governor Mifflin Middle School.

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