$525,000
SOLD AUG 8, 2025

701 E Neversink Rd Reading, PA 19606

3 Beds
2 Baths
2,252 Sq Ft
15.04 Acres

Recently Sold

$233 Per Sq Ft

19% Below List Price

199 Days on Market

Highlights

  • Additional Residence on Property
  • 15.04 Acre Lot
  • Wooded Lot
  • Exeter Township Senior High School Rated A-
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of August 2025

Amazing opportunity for investors, builders, developers. This 15+/- acre property in Exeter Township is situated in the Urban Residential zoning district. Zoning guides are attached in Bright but please verify any uses. Lots of possibilities. It borders Laurel Springs Townhome community and Orchard View townhomes and Woodgate apartments. There are 3 separate homes on the property that all need a lot of work. The addresses are 701 E Neversink (the main house) 701B E Neversink (the small farmhouse in front) and 635 E Neversink (the white home with metal roof on the left). In my opinion they could all be resurrected and turned into rental properties or live in one and rent the others. Like I said, lots of potential. There is a nice pond on the property. The parcel is not in Act 319 Clean and Green. So if you keep the property whole, maybe this is something to consider. Great location with access to 422 and Perkiomen Ave in minutes. The property is serviced by gas and public sewer.

Last Agent to Sell the Property

Dave Mattes

(610) 334-0294 davidmattes@remax.net RE/MAX Of Reading License #RS-208588-L Listed on: 12/21/2024

RE/MAX Of Reading

Last Buyer's Agent

Melanie Mattes

(610) 334-1239 mmattes@goberkscounty.com RE/MAX Of Reading License #RS324988

RE/MAX Of Reading

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,805

Year Built

  • Built in 1975

Lot Details

  • 15.04 Acre Lot
  • Wooded Lot
  • Property is in average condition
  • Property is zoned UR, Urban Residential

Parking

  • 8 Parking Spaces

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Bungalow
  • Fixer Upper
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,252 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Living Room
  • Laundry on lower level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Homes

  • Additional Residence on Property

Location

  • Flood Risk
  • Suburban Location

Schools

  • Exeter Township Senior High School

Utilities

  • Forced Air Heating System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3267
  • Assessor Parcel Number 43-5325-05-28-3267

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,805

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Contemporary, Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 12/21/2024 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing opportunity for investors, builders, developers. This 15+/- acre property in Exeter Township is situated in the Urban Residential zoning district. Zoning guides are attached in Bright but please verify any uses. Lots of possibilities. It borders Laurel Springs Townhome community and Orchard View townhomes and Woodgate apartments. There are 3 separate homes on the property that all need a lot of work. The addresses are 701 E Neversink (the main house) 701B E Neversink (the small farmhouse in front) and 635 E Neversink (the white home with metal roof on the left). In my opinion they could all be resurrected and turned into rental properties or live in one and rent the others. Like I said, lots of potential. There is a nice pond on the property. The parcel is not in Act 319 Clean and Green. So if you keep the property whole, maybe this is something to consider. Great location with access to 422 and Perkiomen Ave in minutes. The property is serviced by gas and public sewer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Basement
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2252
  • Living Area Sq Ft: 2252
  • Price Per Sq Ft: 288.59
  • Above Grade Finished Sq Ft: 2252
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Construction Materials: Stone
  • Roof: Pitched, Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • School District: EXETER TOWNSHIP
  • High School: EXETER TOWNSHIP SENIOR
  • High School Source: Listing Agent
  • School District Key: 300200397319
  • School District Source: Listing Agent
  • High School: EXETER TOWNSHIP SENIOR

Lot Info

  • Land Use Code: 801
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 15.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 655142.00
  • Property Condition: Average, Below Average, Major Rehab Needed
  • Year Assessed: 2025
  • Zoning: UR
  • Zoning Description: Urban Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 9435.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 12805.00
  • Assessor Parcel Number: 43-5325-05-28-3267
  • Tax Lot: 3267
  • Tax Total Finished Sq Ft: 2252
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Close Date: 08/08/2025

Multi Family

  • Federal Flood Zone: Zone X

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2024
Closed on
Aug 8, 2025
Sold by
Mellon Joan and Reed Patricia J
Bought by
Lee Young Ja
Seller's Agent
Dave Mattes
RE/MAX Of Reading
Buyer's Agent
Melanie Mattes
RE/MAX Of Reading
List Price
$649,900
Sold Price
$525,000
Premium/Discount to List
-$124,900
-19.22%
Views
498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%

Purchase Details

Closed on
Aug 27, 1984
Bought by
Mellon Robert and Mellon Joan
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 Type Sale Price Title Company
Deed $525,000 Conestoga Title
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $525,000 -19.2% $233 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
12/21/2024 12/21/24 For Sale $649,900 -- $289 / 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 $3,829 $266,700 $89,100 $177,600
2024 $12,666 $266,700 $89,100 $177,600
2023 $12,251 $266,700 $89,100 $177,600
2022 $12,115 $266,700 $89,100 $177,600
2021 $11,931 $266,700 $89,100 $177,600
2020 $11,798 $266,700 $89,100 $177,600
2019 $11,668 $266,700 $89,100 $177,600
2018 $11,633 $266,700 $89,100 $177,600
2017 $11,466 $266,700 $89,100 $177,600
2016 $2,800 $266,700 $89,100 $177,600
2015 $2,800 $266,700 $89,100 $177,600
2014 $2,700 $266,700 $89,100 $177,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2051400

Bright MLS

APN: 43-5325-05-28-3267