NOT LISTED FOR SALE

618 Lake Ave Reading, PA 19610

Estimated Value: $617,983 - $777,000

5 Beds
3.5 Baths
4,194 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $500,000 $119 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,160/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Corner Lot
  • Wyomissing Hills Elementary Center Rated A-
  • Attic
  • No HOA

About This Home

As of May 2016

Just a few blocks from the park, tennis courts, skating pond, pool, and high school, this lovely Wyomissing home has amazing curb appeal with unique brickwork, mature, well maintained landscaping, a classic slate roof, and low?E, Argon gas filled windows. Inside you will find beautiful hardwood floors, built-ins and custom draperies throughout. The spacious dining and living rooms (with wood burning fireplace) are perfect for family gatherings. Cherry kitchen with large windows allows for plenty of light. First floor also features a cozy den and powder room. The upstairs has five sizeable bedrooms, three full baths, and an upstairs den. Master suite includes updated bath. Pull down stairs for attic access/storage. Finished walk-out basement with two living spaces plus office, workshop, and laundry. Freshly painted two car, side entry garage. New attic insulation, 2015. Installed in 2006: High Efficiency dual fuel heating/cooling system, High Efficiency gas water heater, Culligan water softener & reverse osmosis system, whole house HEPA filtration & UV system, and whole house humidifier. Nationally ranked school district. Move right in!

Last Agent to Sell the Property

Creighton Stringer

(484) 529-9624 crstringer@msn.com Pagoda Realty License #RM425777 Listed on: 10/31/2015

Pagoda Realty

Last Buyer's Agent

Heather Christie

(484) 332-0839 hchristie@homesale.com BHHS Homesale Realty- Reading Berks

BHHS Homesale Realty- Reading Berks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,900

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 115' x 75'
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Slate Roof

Interior Spaces

  • Property has 2 Levels
  • Beamed Ceilings
  • Ceiling Fan
  • Brick Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry Room
  • Attic

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

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

Schools

  • Wyomissing Area Junior-Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7951
  • Assessor Parcel Number 96-4396-12-76-7951

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,900

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Invisible Dog Fence Transmitter;Basement Workbench; Powder Room Mirror
  • Inclusions: Washr/Dryer; Refrigerator; Window Treatments; Pool Table;Gas Grill
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1949
  • Remarks Public: Just a few blocks from the park, tennis courts, skating pond, pool, and high school, this lovely Wyomissing home has amazing curb appeal with unique brickwork, mature, well maintained landscaping, a classic slate roof, and low?E, Argon gas filled windows. Inside you will find beautiful hardwood floors, built-ins and custom draperies throughout. The spacious dining and living rooms (with wood burning fireplace) are perfect for family gatherings. Cherry kitchen with large windows allows for plenty of light. First floor also features a cozy den and powder room. The upstairs has five sizeable bedrooms, three full baths, and an upstairs den. Master suite includes updated bath. Pull down stairs for attic access/storage. Finished walk-out basement with two living spaces plus office, workshop, and laundry. Freshly painted two car, side entry garage. New attic insulation, 2015. Installed in 2006: High Efficiency dual fuel heating/cooling system, High Efficiency gas water heater, Culligan water softener & reverse osmosis system, whole house HEPA filtration & UV system, and whole house humidifier. Nationally ranked school district. Move right in!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Exposed Beams, Dining Area
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 4194
  • Living Area Sq Ft: 4194
  • Net Sq Ft: 3438.00
  • Price Per Sq Ft: 149.80
  • Above Grade Finished Sq Ft: 3438
  • Below Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 618

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Pitched, Slate
  • 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
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WYOMISSING AREA
  • High School: WYOMISSING AREA JUNIOR-SENIOR
  • School District Key: 300200397308
  • High School: WYOMISSING AREA JUNIOR-SENIOR

Lot Info

  • Improvement Assessed Value: 206700.00
  • Land Assessed Value: 58800.00
  • Land Use Code: 112
  • Lot Features: Corner, Level, Open
  • Lot Size Acres: 0.20
  • Lot Dimensions: 115' X 75'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1592700
  • Tax Annual Amount: 10900.00
  • Assessor Parcel Number: 96-4396-12-76-7951
  • Tax Lot: 7951
  • Tax Year: 2016
  • Close Date: 05/13/2016

MLS Schools

  • School District Name: WYOMISSING AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2015
Closed on
May 13, 2016
Sold by
Reynolds G David and Reynolds Louise J
Bought by
Valente Christopher and Valente Megane F
Seller's Agent
Creighton Stringer
Pagoda Realty
Buyer's Agent
Heather Christie
BHHS Homesale Realty- Reading Berks
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$723,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,661
Avg. Annual Appreciation
3.56%
Original Mortgage
$500,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1995
Bought by
Reynolds Reynolds G and Reynolds Louise J
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
Valente Christopher $500,000 Edge Abstract
Reynolds Reynolds G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Christopher $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $500,000 -2.9% $119 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
02/29/2016 02/29/16 Price Changed $515,000 -3.7% $123 / Sq Ft
12/07/2015 12/07/15 Price Changed $535,000 -2.7% $128 / Sq Ft
10/31/2015 10/31/15 For Sale $550,000 -- $131 / 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 $3,893 $265,500 $58,800 $206,700
2024 $12,630 $265,500 $58,800 $206,700
2023 $11,819 $265,500 $58,800 $206,700
2022 $11,868 $265,500 $58,800 $206,700
2021 $11,699 $265,500 $58,800 $206,700
2020 $11,507 $265,500 $58,800 $206,700
2019 $11,211 $265,500 $58,800 $206,700
2018 $11,051 $265,500 $58,800 $206,700
2017 $10,975 $265,500 $58,800 $206,700
2016 $2,933 $265,500 $58,800 $206,700
2015 $2,933 $265,500 $58,800 $206,700
2014 $2,933 $265,500 $58,800 $206,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002728400

Bright MLS

APN: 96-4396-12-76-7951