Seller's Agent in 2024
Kevin Snyder
RE/MAX of Reading
(484) 274-0607
3 in this area
475 Total Sales
724 Lance Place Reading, PA 19604
Outlet Area NeighborhoodEstimated Value: $107,236 - $123,000
4
Beds
1
Bath
1,010
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- City View
- Traditional Architecture
- Eat-In Kitchen
- Traditional Floor Plan
- No HOA
- Laundry Room
About This Home
As of February 2024Opportunity awaits at this affordable Reading city end rowhome! This property offers a large living room, which is accompanied by a formal dining area, which adjoins to the kitchen. First floor laundry can be found in the back, along with outside access to and from the backyard. The property comes equipped with washer, dryer, refrigerator, microwave, and gas range/oven, along with replacement windows throughout much of the home. Upstairs you'll find the home's four bedrooms, including three on the second floor and one on the third floor, along with the home's updated full bath on the second floor. The basement features updated mechanicals, including a natural gas boiler and water heater. Conveniently located to the Lance Place Rehabilitation Playground. Taxes are just over $1100/year. With just a little bit of love, this property would make a wonderful home, or addition to an investment portfolio. Estimated monthly rent of $1100-$1200/month plus utilities. At the list price this comes in at over 13% return on investment, or own it yourself and pay a mortgage for less than you'd pay for rent!! Contact us today to schedule your appointment!
Last Agent to Sell the Property
(610) 670-2770 info@goberkscounty.com RE/MAX Of Reading License #5020826 Listed on: 02/02/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,110
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
- Wood Fence
- Back Yard
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 1,010 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Replacement Windows
- Combination Dining and Living Room
- Carpet
- City Views
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Playground
- Play Equipment
Location
- Urban Location
Utilities
- Forced Air Heating System
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 6258
- Assessor Parcel Number 12-5307-60-94-6258
Community Details
Overview
- No Home Owners Association
- Reading Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Feb 15, 2024
Sold by
Galma Realty Llc
Bought by
Perasevic Donat
Seller's Agent
Kevin Snyder
RE/MAX Of Reading
Buyer's Agent
Juan Cortes
BHHS Homesale Realty- Reading Berks
List Price
$86,400
Sold Price
$90,100
Premium/Discount to List
$3,700
4.28%
Views
63
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
$22,959
Avg. Annual Appreciation
12.48%
Purchase Details
Listed on
Sep 24, 2019
Closed on
Dec 9, 2019
Sold by
Bradshaw Re Holdings Llc
Bought by
Galma Realty Llc
Seller's Agent
Autumn Sanger
Compass RE
Buyer's Agent
Joshua Forry
RE/MAX Of Reading
List Price
$40,000
Sold Price
$32,110
Premium/Discount to List
-$7,890
-19.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.77%
Purchase Details
Closed on
Apr 29, 2019
Sold by
Rath Steven D and Rath Sheri S
Bought by
Bradshaw Re Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2008
Sold by
Rath Steven D and Rath Sheri S
Bought by
Rath Steven D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2007
Sold by
Suruskie Steven F
Bought by
Rath Steven D and Rath Sheri S
Purchase Details
Closed on
Jul 11, 2002
Sold by
Hartline Shirley A
Bought by
Suruskie Steven F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.73%
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 |
|---|---|---|---|
| Perasevic Donat | $90,100 | Conestoga Title | |
| Galma Realty Llc | $32,110 | Signature Abstract | |
| Bradshaw Re Holdings Llc | $67,500 | Stewart Abstract | |
| Rath Steven D | -- | None Available | |
| Rath Steven D | $35,000 | None Available | |
| Suruskie Steven F | $25,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bradshaw Re Holdings Llc | $67,500 | |
| Previous Owner | Rath Steven D | $30,000 | |
| Previous Owner | Suruskie Steven F | $22,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | $90,100 | +4.3% | $89 / Sq Ft | |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- | |
| 02/02/2024 02/02/24 | For Sale | $86,400 | +169.1% | $86 / Sq Ft | |
| 12/10/2019 12/10/19 | Sold | $32,110 | -17.7% | $32 / Sq Ft | View Prior Sale |
| 11/13/2019 11/13/19 | Pending | -- | -- | -- | |
| 10/25/2019 10/25/19 | Price Changed | $39,000 | -2.5% | $39 / Sq Ft | |
| 09/24/2019 09/24/19 | For Sale | $40,000 | -- | $40 / Sq Ft |
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 | $689 | $25,400 | $11,800 | $13,600 |
| 2024 | $1,128 | $25,400 | $11,800 | $13,600 |
| 2023 | $1,110 | $25,400 | $11,800 | $13,600 |
| 2022 | $1,110 | $25,400 | $11,800 | $13,600 |
| 2021 | $1,110 | $25,400 | $11,800 | $13,600 |
| 2020 | $1,099 | $25,400 | $11,800 | $13,600 |
| 2019 | $1,099 | $25,400 | $11,800 | $13,600 |
| 2018 | $1,099 | $25,400 | $11,800 | $13,600 |
| 2017 | $1,092 | $25,400 | $11,800 | $13,600 |
| 2016 | $624 | $25,400 | $11,800 | $13,600 |
| 2015 | $624 | $25,400 | $11,800 | $13,600 |
| 2014 | $574 | $25,400 | $11,800 | $13,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Snyder
-
Joshua Forry
Seller Co-Listing Agent in 2024
Joshua Forry
RE/MAX of Reading
(610) 790-4365
4 in this area
156 Total Sales
-
Juan Cortes
Buyer's Agent in 2024
Juan Cortes
BHHS Homesale Realty- Reading Berks
(610) 463-6693
17 in this area
350 Total Sales
-
Autumn Sanger
Seller's Agent in 2019
Autumn Sanger
Compass RE
(717) 679-4062
2 in this area
76 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2039136
APN: 12-5307-60-94-6258
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