743 Lance Place Reading, PA 19604
Outlet Area Neighborhood
4
Beds
1
Bath
1,010
Sq Ft
1,306
Sq Ft Lot
Highlights
- City View
- Traditional Architecture
- Living Room
- Traditional Floor Plan
- No HOA
- Shed
About This Home
As of September 2023Welcome to this affordable, yet move-in-ready Reading City row home. Located on the tucked away street of Lance Place, this home offers over 1000 sqft of living space, including 4 bedrooms and a formal living room, family room, AND dining room! The home is equipped with updated gas utilities, replacement vinyl windows, and replacement floors throughout the home. A full basement with laundry hook-ups makes a great area for storage. Conveniently located to the Lance Place Playground and much of what Reading has to offer. With this home's affordable price, and reasonable taxes (just over $1100/year), this home would make a great investment to your portfolio, with a projected rent of $1000/month (a return on investment of over 12%)! Call us today to schedule your showing before it's too late! **MULTIPLE OFFERS RECEIVED**
Last Agent to Sell the Property
RE/MAX Of Reading License #5020826 Listed on: 08/26/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,110
Year Built
- Built in 1900
Lot Details
- 1,306 Sq Ft Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Stone Foundation
- Frame Construction
Interior Spaces
- 1,010 Sq Ft Home
- Property has 2.5 Levels
- Traditional Floor Plan
- Replacement Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- City Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Radiant Heating System
- 100 Amp Service
- Natural Gas Water Heater
Additional Features
- Shed
- Urban Location
Listing and Financial Details
- Tax Lot 7379
- Assessor Parcel Number 12-5307-60-94-7379
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
Aug 26, 2023
Closed on
Sep 20, 2023
Sold by
Galma Realty Llc
Bought by
Kodrasi Klajdi and Kodrasi Nertila
Seller's Agent
Kevin Snyder
RE/MAX Of Reading
Buyer's Agent
Beatriz Carannante
RE/MAX Of Reading
List Price
$85,000
Sold Price
$86,000
Premium/Discount to List
$1,000
1.18%
Views
56
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
$14,668
Avg. Annual Appreciation
7.97%
Original Mortgage
$64,500
Outstanding Balance
$63,517
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$35,436
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
29.60%
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
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
$20,250
Interest Rate
6.79%
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 | $86,000 | Stewart Title | |
| Deed | $32,110 | Signature Abstract | |
| Deed | $67,500 | Stewart Abstract | |
| Deed | $25,000 | None Available | |
| Warranty Deed | $22,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $64,500 | New Conventional | |
| Previous Owner | $67,500 | Purchase Money Mortgage | |
| Previous Owner | $20,250 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2023 09/26/23 | Sold | $86,000 | +1.2% | $85 / Sq Ft |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 08/26/2023 08/26/23 | For Sale | $85,000 | +164.7% | $84 / Sq Ft |
| 12/10/2019 12/10/19 | Sold | $32,110 | -12.0% | $32 / Sq Ft |
| 11/13/2019 11/13/19 | Pending | -- | -- | -- |
| 10/25/2019 10/25/19 | Price Changed | $36,500 | -8.8% | $36 / Sq Ft |
| 09/24/2019 09/24/19 | For Sale | $40,000 | -- | $40 / 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 | $689 | $25,400 | $11,400 | $14,000 |
| 2024 | $1,128 | $25,400 | $11,400 | $14,000 |
| 2023 | $1,110 | $25,400 | $11,400 | $14,000 |
| 2022 | $1,110 | $25,400 | $11,400 | $14,000 |
| 2021 | $1,110 | $25,400 | $11,400 | $14,000 |
| 2020 | $1,099 | $25,400 | $11,400 | $14,000 |
| 2019 | $1,099 | $25,400 | $11,400 | $14,000 |
| 2018 | $1,099 | $25,400 | $11,400 | $14,000 |
| 2017 | $1,092 | $25,400 | $11,400 | $14,000 |
| 2016 | $624 | $25,400 | $11,400 | $14,000 |
| 2015 | $624 | $25,400 | $11,400 | $14,000 |
| 2014 | $574 | $25,400 | $11,400 | $14,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Snyder
Seller's Agent in 2023
Kevin Snyder
RE/MAX of Reading
(484) 274-0607
3 in this area
446 Total Sales
-
Joshua Forry
Seller Co-Listing Agent in 2023
Joshua Forry
RE/MAX of Reading
(610) 790-4365
4 in this area
159 Total Sales
-
Beatriz Carannante
Buyer's Agent in 2023
Beatriz Carannante
RE/MAX of Reading
(484) 388-1794
1 in this area
106 Total Sales
-
Autumn Sanger
Seller's Agent in 2019
Autumn Sanger
Compass RE
(717) 679-4062
2 in this area
70 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2033990
APN: 12-5307-60-94-7379
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