NOT LISTED FOR SALE

500 Spring Ave Reading, PA 19606

Estimated Value: $276,000 - $360,481

3 Beds
2 Baths
1,840 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $200,000 $109 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,997/month

83 Days on Market

Highlights

  • 7.04 Acre Lot
  • Wood Flooring
  • No HOA
  • Rambler Architecture
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of December 2018

Big tax reduction! Taxes have been reduced from $8798 to $7767 for 2019! So come see this private 7.04 acre homestead in Lower Alsace Township with a beautiful real stone ranch home. Inside you will find refinished hardwood floors, a stone wood-burning fireplace, a large eat-in country kitchen, main floor laundry, 3 bedrooms, 2 full baths, and a full basement with egress. Outside you will find tall mature pines, a long driveway that sets the house far back from neighbors, a lovely covered front porch, a big shed for storage, and plenty of space for your favorite outdoor activities. Other great features of this home include: central air, a new roof with 30-year shingles, and an automatic generator with its own propane tank that was installed in 2015 and will run the entire home in case of a power outage. So come and see this house for yourself, it has been much loved for the last 50 years and it could be your home for the next 50 years to come.

Last Agent to Sell the Property

Loretta Leibert

BHHS Homesale Realty- Reading Berks License #AB067626 Listed on: 08/14/2018

BHHS Homesale Realty- Reading Berks

Last Buyer's Agent

Dianne Kline

RE/MAX Of Reading License #RS207896L

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 7.04 Acre Lot
  • Property is in good condition

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6710
  • Assessor Parcel Number 23-5317-20-80-6710

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1961
  • Remarks Public: Big tax reduction! Taxes have been reduced from $8798 to $7767 for 2019! So come see this private 7.04 acre homestead in Lower Alsace Township with a beautiful real stone ranch home. Inside you will find refinished hardwood floors, a stone wood-burning fireplace, a large eat-in country kitchen, main floor laundry, 3 bedrooms, 2 full baths, and a full basement with egress. Outside you will find tall mature pines, a long driveway that sets the house far back from neighbors, a lovely covered front porch, a big shed for storage, and plenty of space for your favorite outdoor activities. Other great features of this home include: central air, a new roof with 30-year shingles, and an automatic generator with its own propane tank that was installed in 2015 and will run the entire home in case of a power outage. So come and see this house for yourself, it has been much loved for the last 50 years and it could be your home for the next 50 years to come.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1840
  • Living Area Sq Ft: 1840
  • Net Sq Ft: 1840.00
  • Price Per Sq Ft: 127.17
  • Above Grade Finished Sq Ft: 1840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, 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

Schools

  • School District: ANTIETAM
  • School District Key: 300200397315

Lot Info

  • Land Use Code: 103
  • Lot Size Acres: 7.04
  • Lot Dimensions: SEE TAX MAP
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 306662.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7767.00
  • Assessor Parcel Number: 23-5317-20-80-6710
  • Tax Lot: 6710
  • Tax Year: 2018
  • Close Date: 12/10/2018

MLS Schools

  • School District Name: ANTIETAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Dec 10, 2018
Sold by
Koert Sharon F and Koert Wendy L
Bought by
Pletcher William C and Pletcher Anne M
Seller's Agent
Loretta Leibert
BHHS Homesale Realty- Reading Berks
Buyer's Agent
Dianne Kline
RE/MAX Of Reading
List Price
$245,000
Sold Price
$200,000
Premium/Discount to List
-$45,000
-18.37%
Current Estimated Value
$322,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,870
Avg. Annual Appreciation
7.39%
Original Mortgage
$170,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2017
Sold by
Koert Sharon F
Bought by
Koert Sharon F and Koert Wendy L
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
Pletcher William C $200,000 Signature Abstract
Koert Sharon F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pletcher William C $90,000
Open Pletcher William C $171,500
Closed Pletcher William C $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $200,000 -14.5% $109 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/16/2018 10/16/18 Price Changed $234,000 -4.5% $127 / Sq Ft
08/14/2018 08/14/18 For Sale $245,000 -- $133 / 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 $2,853 $138,500 $57,600 $80,900
2024 $9,003 $138,500 $57,600 $80,900
2023 $8,700 $138,500 $57,600 $80,900
2022 $8,425 $138,500 $57,600 $80,900
2021 $8,247 $138,500 $57,600 $80,900
2020 $8,019 $138,500 $57,600 $80,900
2019 $2,389 $138,500 $57,600 $80,900
2018 $8,706 $156,900 $65,600 $91,300
2017 $8,803 $163,500 $88,600 $74,900
2016 $2,505 $163,500 $88,600 $74,900
2015 $2,455 $163,500 $88,600 $74,900
2014 $2,332 $163,500 $88,600 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002350200

Bright MLS

APN: 23-5317-20-80-6710