NOT LISTED FOR SALE

891 Wegman Rd Reading, PA 19606

East Reading Neighborhood

Estimated Value: $646,000 - $782,000

3 Beds
3 Baths
3,000 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $415,000 $138 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,328/month

443 Days on Market

Highlights

  • 11.6 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Exeter Township Senior High School Rated A-
  • 2 Fireplaces
  • Den

About This Home

As of July 2016

Estate Property Offering Spectacular Views Located in Coveted Oley Valley - This private one of a kind Estate Home can be yours for the first time. The custom built home has soaring tongue & groove ceilings, with a fireplace enhancing the spacious great room on the main level. Expansive windows encircle the living space allowing for panoramic views and light to flood into the open floor plan.

Last Listed By

The Sands Team

Sands & Company Real Estate License #RM052104A Listed on: 04/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • 1890

Lot Details

  • 11.6 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement with some natural light

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 45-5337-04-84-2671

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Remarks Public: Estate Property Offering Spectacular Views Located in Coveted Oley Valley - This private one of a kind Estate Home can be yours for the first time. The custom built home has soaring tongue & groove ceilings, with a fireplace enhancing the spacious great room on the main level. Expansive windows encircle the living space allowing for panoramic views and light to flood into the open floor plan.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Interior Amenities: Kitchen - Eat-In, Formal/Separate Dining Room
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer, Bedroom 1, Laundry, Office, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Walkout Level
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 151.63
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 891

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Stick Built
  • Construction Completed: No
  • Roof: Shingle, Composite
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: EXETER TOWNSHIP
  • School District Key: 300200397319

Lot Info

  • Land Use Code: Res
  • Lot Size Acres: 11.60
  • Lot Size Description: 10 Acres < 25 Acres
  • Property Attached Yn: No
  • Zoning: RES
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1511994
  • Assessor Parcel Number: 45-5337-04-84-2671
  • County Tax Payment Frequency: Annually
  • Close Date: 07/19/2016

MLS Schools

  • School District Name: EXETER TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jun 15, 2016
Sold by
Burkhart Leon C and Burkhart Erma M
Bought by
Schlegel Ii Edwin Lewis and Schlegel Sandra Allyn
Seller's Agent
The Sands Team
Sands & Company Real Estate
Buyer's Agent
The Sands Team
Sands & Company Real Estate
List Price
$575,000
Sold Price
$415,000
Premium/Discount to List
-$160,000
-27.83%
Total Days on Market
443
Current Estimated Value
$730,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,837
Avg. Annual Appreciation
7.00%
Original Mortgage
$393,300
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 1960
Bought by
Burkhart Leon C and Burkhart Erma M

Range of Values:

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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
Schlegel Ii Edwin Lewis $415,000 None Available
Burkhart Leon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlegel Sandra A $30,000
Open Schlegel Edwin Lewis $300,650
Closed Schlegel Ii Edwin L $326,500
Closed Schlegel Ii Edwin Lewis $393,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $415,000 -4.6% $138 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/24/2016 06/24/16 Sold $435,000 -4.4% $145 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
01/15/2016 01/15/16 Price Changed $454,900 -20.9% $152 / Sq Ft
04/15/2015 04/15/15 For Sale $575,000 0.0% $192 / Sq Ft
04/15/2015 04/15/15 For Sale $575,000 +32.2% $192 / Sq Ft
12/13/2014 12/13/14 Off Market $435,000 -- --
07/18/2014 07/18/14 Price Changed $575,000 -4.2% $192 / Sq Ft
06/04/2014 06/04/14 For Sale $599,900 -- $200 / 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 $3,315 $231,500 $5,900 $225,600
2024 $10,994 $231,500 $5,900 $225,600
2023 $10,634 $231,500 $5,900 $225,600
2022 $9,044 $199,100 $5,900 $193,200
2021 $8,907 $199,100 $5,900 $193,200
2020 $8,808 $199,100 $5,900 $193,200
2019 $8,710 $199,100 $5,900 $193,200
2018 $8,684 $199,100 $5,900 $193,200
2017 $8,559 $199,100 $5,900 $193,200
2016 $2,484 $238,600 $45,400 $193,200
2015 $2,484 $168,900 $45,400 $123,500
Source: Public Records

Agents Affiliated with this Home

  • The Sands Team

    Seller's Agent in 2016

    The Sands Team

    Sands & Company Real Estate

    (610) 401-5650

    7 in this area

    174 Total Sales

    The Sands Team
    Section Image
  • Josue Morales

    Buyer's Agent in 2016

    Josue Morales

    Simple Realty

    (610) 451-2970

    51 Total Sales

    Josue Morales
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002505189

Bright MLS

APN: 43-5337-04-84-2671

Pennsylvania Berks County Reading 19606 East Reading

891 Wegman Rd, Reading, PA

Homes for Sale in Reading, PA

This home is located at 891 Wegman Rd, Reading, PA 19606 since 15 April 2015 and is currently estimated at $730,837, approximately $243 per square foot. This property was built in 1890. 891 Wegman Rd is a home located in Berks County with nearby schools including Owatin Creek Elementary School, Exeter Township Junior High School, and Exeter Township Senior High School.

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