5531 Oley Turnpike Rd Reading, PA 19606
East Reading Neighborhood
3
Beds
1.5
Baths
1,364
Sq Ft
12.34
Acres
Highlights
- 12.34 Acre Lot
- Wooded Lot
- Wood Flooring
- Exeter Township Senior High School Rated A-
- Rambler Architecture
- Attic
About This Home
As of October 2022Clean solid brick Ranch house in Exeter Schools. Total one floor living with 3 nice sized bedrooms, heated breezeway, large living room and nice size eat-in kitchen. Hardwood floors in most of the house. Newer roof and gutter guards. 12 acres of tilable ground, small part wooded. Property is in clean and green and is zoned AP. Could be a great area for a vineyard. Lots of land, nice house, don't miss this great opportunity close to Rt 422.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,194
Year Built
- Built in 1957
Lot Details
- 12.34 Acre Lot
- Open Lot
- Irregular Lot
- Sloped Lot
- Wooded Lot
- Property is in good condition
- Property is zoned AP
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
Interior Spaces
- 1,364 Sq Ft Home
- Property has 1 Level
- Living Room
- Home Security System
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Range
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Breezeway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
- Summer or Winter Changeover Switch For Hot Water
- Well
- On Site Septic
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1573
- Assessor Parcel Number 43-5347-03-02-1573
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2022
Closed on
Oct 13, 2022
Sold by
Schweitzer John A
Bought by
Maddocks Bradford Joseph and Maddocks Amanda Leah
Seller's Agent
Paul Melniczek
Keller Williams Platinum Realty - Wyomissing
Buyer's Agent
Jason Stephenson
Keller Williams Platinum Realty - Wyomissing
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%
Views
10
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
$38,825
Avg. Annual Appreciation
3.20%
Original Mortgage
$380,000
Outstanding Balance
$367,546
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$69,085
Purchase Details
Listed on
May 31, 2016
Closed on
Jul 22, 2016
Sold by
Lubas Jean H
Bought by
Schweitzer John A and Schweitzer Joanna J
Seller's Agent
Donald Hutchison
RE/MAX Of Reading
Buyer's Agent
Joshua Sapna
EXP Realty, LLC
List Price
$224,900
Sold Price
$228,750
Premium/Discount to List
$3,850
1.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Purchase Details
Closed on
Dec 20, 1955
Bought by
Lubas Jean H
Similar Homes in Reading, PA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | -- | |
| Deed | $228,750 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $218,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $400,000 | 0.0% | $293 / Sq Ft |
| 08/13/2022 08/13/22 | Off Market | $400,000 | -- | -- |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 08/04/2022 08/04/22 | For Sale | $390,000 | +70.5% | $286 / Sq Ft |
| 07/22/2016 07/22/16 | Sold | $228,750 | +1.7% | $168 / Sq Ft |
| 06/13/2016 06/13/16 | Pending | -- | -- | -- |
| 05/31/2016 05/31/16 | For Sale | $224,900 | -- | $165 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $860 | $52,300 | $4,800 | $47,500 |
| 2024 | $2,484 | $52,300 | $4,800 | $47,500 |
| 2023 | $2,402 | $52,300 | $4,800 | $47,500 |
| 2022 | $2,376 | $52,300 | $4,800 | $47,500 |
| 2021 | $2,340 | $52,300 | $4,800 | $47,500 |
| 2020 | $2,314 | $52,300 | $4,800 | $47,500 |
| 2019 | $2,288 | $52,300 | $4,800 | $47,500 |
| 2018 | $2,281 | $52,300 | $4,800 | $47,500 |
| 2017 | $2,248 | $52,300 | $4,800 | $47,500 |
| 2016 | $545 | $52,400 | $4,900 | $47,500 |
| 2015 | $545 | $52,400 | $4,900 | $47,500 |
| 2014 | $526 | $52,400 | $4,900 | $47,500 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Melniczek
Seller's Agent in 2022
Paul Melniczek
Keller Williams Platinum Realty - Wyomissing
(610) 763-4459
1 in this area
15 Total Sales
-
Jason Stephenson
Buyer's Agent in 2022
Jason Stephenson
Keller Williams Platinum Realty - Wyomissing
(610) 468-2224
1 in this area
19 Total Sales
-
Donald Hutchison
Seller's Agent in 2016
Donald Hutchison
RE/MAX of Reading
(610) 685-3197
27 Total Sales
-
Joshua Sapna
Buyer's Agent in 2016
Joshua Sapna
EXP Realty, LLC
(610) 780-8811
32 Total Sales
Map
Source: Bright MLS
MLS Number: 1003895289
APN: 43-5347-03-02-1573
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