NOT LISTED FOR SALE

735 Lilac Ln Reading, PA 19606

Estimated Value: $325,000 - $400,000

5 Beds
3 Baths
2,576 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $272,500 $106 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,090/month

11 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Living Room
  • Exeter Township Senior High School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

This spacious Bilevel home is located within Exeter School District and features 2,576 sq. ft. of living space, 5 Bedrooms, 3 Full Bathrooms, and an In-Law Suite. The upper level features new LVT flooring throughout. On this level, there is a living room, open concept kitchen and dining room, 3 bedrooms and 1 Full bath. The lower level offers a Family Room with patio door, office, 4th Bedroom, and another Full Bath. There is also an In-law Suite on this level offering another Living room that leads to the Patio, and a 5th bedroom with an en suite full bath. The home could use some updating and TLC, but the large living space is fantastic, and the proximity to schools, shopping, banking, dining, and Rt. 422 is superb!

Last Agent to Sell the Property

Mary Brickner

RE/MAX Of Reading License #RS316723 Listed on: 07/13/2022

RE/MAX Of Reading

Last Buyer's Agent

GEOFFREY SLICK

Keller Williams Real Estate-Montgomeryville License #RS176356L

Keller Williams Real Estate-Montgomeryville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Zoning described as SR1 (Suburban Residential)

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • <<selfCleaningOvenToken>>
  • Laundry on lower level

Bedrooms and Bathrooms

Outdoor Features

  • Patio

Schools

  • Lorane Elementary School
  • Exeter Township Junior Middle School
  • Exeter Township Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Lorane Orchard Subdivision

Listing and Financial Details

  • Tax Lot 0326
  • Assessor Parcel Number 43-5325-12-85-0326

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,715

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This spacious Bilevel home is located within Exeter School District and features 2,576 sq. ft. of living space, 5 Bedrooms, 3 Full Bathrooms, and an In-Law Suite. The upper level features new LVT flooring throughout. On this level, there is a living room, open concept kitchen and dining room, 3 bedrooms and 1 Full bath. The lower level offers a Family Room with patio door, office, 4th Bedroom, and another Full Bath. There is also an In-law Suite on this level offering another Living room that leads to the Patio, and a 5th bedroom with an en suite full bath. The home could use some updating and TLC, but the large living space is fantastic, and the proximity to schools, shopping, banking, dining, and Rt. 422 is superb!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2576
  • Living Area Sq Ft: 2576
  • Price Per Sq Ft: 148.81
  • Above Grade Finished Sq Ft: 1848
  • Below Grade Finished Sq Ft: 728
  • Total Below Grade Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 735

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Private, Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: EXETER TOWNSHIP
  • Elementary School: LORANE
  • Middle School: EXETER TOWNSHIP JUNIOR
  • High School: EXETER TOWNSHIP SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397319
  • School District Source: Listing Agent
  • Elementary School: LORANE
  • High School: EXETER TOWNSHIP SENIOR
  • Middle Or Junior School: EXETER TOWNSHIP JUNIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 79400.00
  • Land Assessed Value: 24400.00
  • Land Use Code: 105A
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: RES
  • Zoning Description: SR1 (Suburban Residential)

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1504910
  • School Tax: 3550.00
  • Tax Annual Amount: 4715.00
  • Assessor Parcel Number: 43-5325-12-85-0326
  • Tax Lot: 0326
  • Tax Page Number: 2
  • Tax Total Finished Sq Ft: 2576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/19/2022

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 19, 2022
Sold by
Reichart Jeffrey R
Bought by
Landis Devon M and Landis Natalie M
Seller's Agent
Mary Brickner
RE/MAX Of Reading
Buyer's Agent
GEOFFREY SLICK
Keller Williams Real Estate-Montgomeryville
List Price
$275,000
Sold Price
$272,500
Premium/Discount to List
-$2,500
-0.91%
Current Estimated Value
$354,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,090
Avg. Annual Appreciation
8.29%
Original Mortgage
$258,875
Outstanding Balance
$249,328
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$91,766

Purchase Details

Closed on
Sep 3, 2010
Sold by
Steiger Kristi M and Reichart Kristi M
Bought by
Reichart Jeffrey R and Reichart Kristi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,888
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2010
Sold by
Steiger Jon H
Bought by
Steiger Kristi M and Reichart Kristi M

Purchase Details

Closed on
Apr 30, 2004
Sold by
Hubiak Stacy S and Hubiak Michael
Bought by
Steiger Jon H and Steiger Kristi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,900
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Hubiak Stacy S
Bought by
Hubiak Michael and Hubiak Stacy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,416
Interest Rate
6.16%
Mortgage Type
FHA
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
Landis Devon M $272,500 --
Reichart Jeffrey R -- First American Title Ins
Steiger Kristi M -- First American Title Ins Co
Steiger Kristi M -- None Available
Steiger Jon H $163,900 --
Hubiak Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landis Devon M $258,875
Previous Owner Reichart Jeffrey $26,266
Previous Owner Reichart Jeffrey R $169,888
Previous Owner Steiger Jon H $163,900
Previous Owner Hubiak Michael $107,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $272,500 -0.9% $106 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $275,000 -- $107 / 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 $1,578 $103,800 $24,400 $79,400
2024 $4,929 $103,800 $24,400 $79,400
2023 $4,768 $103,800 $24,400 $79,400
2022 $4,715 $103,800 $24,400 $79,400
2021 $4,643 $103,800 $24,400 $79,400
2020 $4,592 $103,800 $24,400 $79,400
2019 $4,541 $103,800 $24,400 $79,400
2018 $4,528 $103,800 $24,400 $79,400
2017 $4,462 $103,800 $24,400 $79,400
2016 $1,090 $103,800 $24,400 $79,400
2015 $1,090 $103,800 $24,400 $79,400
2014 $1,051 $103,800 $24,400 $79,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2018758

Bright MLS

APN: 43-5325-12-85-0326