Seller's Agent in 2024
Mel McGeady
VRA Realty
(484) 947-3582
1 in this area
14 Total Sales
503 Exeter Rd Reading, PA 19606
Estimated Value: $53,000
1.48
Acres
$35,811
Price per Acre
64,469
Sq Ft Lot
Highlights
- Barn
- 1.48 Acre Lot
- No HOA
- Owatin Creek Elementary School Rated 9+
About This Lot
As of March 2024Welcome to this unique opportunity to own a piece of history with this 1780's Grist Mill nestled on 1.584 acres in Berks County, PA. Offering a blend of historical charm and untapped potential, this property presents a myriad of possibilities for the discerning buyer. Situated in the Exeter Township School District, this fee simple ownership boasts a picturesque setting with a creek running through it, featuring a mesmerizing waterfall, a tangible piece of the original grist mill. Spread across 1.58 acres (approximately 64,469 square feet), this raw land offers ample space for renovation or new construction, with a price per acre that ensures exceptional value. The property is zoned residential, providing flexibility for personal or commercial use. Exterior features include a barn and paved road access, making it easily accessible. Although parking is not currently available, the potential for improvement is vast. Additionally, the agent remarks caution visitors about certain areas of the property, ensuring safety while exploring the historic structure. Whether you envision restoring the Grist Mill to its former glory or building your dream home amidst its scenic surroundings, this property offers a rare opportunity to create something truly special. Don't miss your chance to own a piece of Berks County history.
Last Agent to Sell the Property
(484) 800-1777 operations@vrarealty.com VRA Realty Listed on: 02/21/2024
Last Buyer's Agent
(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Property Type
- Land
Lot Details
- 1.48
Additional Features
- 1.48 Acre Lot
- Barn
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2322
- Assessor Parcel Number 43-5327-11-55-2322
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2024
Closed on
Mar 15, 2024
Sold by
Mege Andrew J
Bought by
Bortz Zachary A
Seller's Agent
Mel McGeady
VRA Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,000
Avg. Annual Appreciation
25.14%
Original Mortgage
$48,600
Outstanding Balance
$47,793
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$5,207
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bortz Zachary A | $35,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bortz Zachary A | $48,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $35,000 | -30.0% | -- |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 02/21/2024 02/21/24 | For Sale | $50,000 | -- | -- |
Source: Bright MLS
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 | $719 | $36,200 | $31,900 | $4,300 |
| 2024 | $1,719 | $36,200 | $31,900 | $4,300 |
| 2023 | $1,663 | $36,200 | $31,900 | $4,300 |
| 2022 | $1,644 | $36,200 | $31,900 | $4,300 |
| 2021 | $1,619 | $36,200 | $31,900 | $4,300 |
| 2020 | $1,601 | $36,200 | $31,900 | $4,300 |
| 2019 | $5,569 | $36,200 | $31,900 | $4,300 |
| 2018 | $1,579 | $36,200 | $31,900 | $4,300 |
| 2017 | $1,556 | $36,200 | $31,900 | $4,300 |
| 2016 | $439 | $36,200 | $31,900 | $4,300 |
| 2015 | $439 | $36,200 | $31,900 | $4,300 |
| 2014 | $425 | $36,200 | $31,900 | $4,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mel McGeady
-
datacorrect BrightMLS
d
Buyer's Agent in 2024
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: PABK2039794
APN: 43-5327-11-55-2322
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