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$525,000
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Property Description
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.
Full Property Details
Full Property Details for 701 E Neversink Rd
General
- Sold For: $525,000
- Taxes: $12,805 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PABK2051400
- Added to Site: 391 day(s) ago
Interior
- Rooms/Areas: Living Room, Kitchen, Basement
- Fireplace: Yes
- Number of Fireplaces: 2
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Other Rooms
- Living Room: Living Room - Flooring - Stone, Main
- Kitchen: Kitchen - Flooring - Stone, Kitchen - Eat-in, Main
- Laundry: Lower Floor
Parking
- Total Spaces: 8
- Parking Type: Off Street
Location
- Area: Exeter Twp (10243)
- Municipality: EXETER TWP
- County: Berks
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: Laurel Springs Lane
- Driving Directions: Route 422 E to Mt Penn Exit, right onto E Neversink Rd, property is on the left
- Location Details: Suburban
School Information
- School District: Exeter Township
- High School: Exeter Township Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Private, Well
- Utility Description: Cable TV Available
Structural Information
- Architectural Info: Traditional, Contemporary, Bungalow
- Architectural Style: Traditional, Contemporary, Bungalow
- Structure Type: Detached
- Construction: Stone
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Roof: Pitched, Shingle, Metal
- Stories/Levels: 0
- Stories Description: Lower 1, Upper 1
- Square Feet: 2,252
- Sq. Ft. Source: Assessor
- Living Area: 2,252 Sq. Ft.
- Finished Above Grnd: 2,252 Sq. Ft.
- Year Built: 1975
- Year Built Source: Assessor
- Property Condition: Average, Below Average, Major Rehab Needed
Unit Information
Unit 1
- Bathrooms-Lower: 1
Additional Structures
- Other Structures: 2nd House
Lot Features
- Lot Size (Acres): 15.04
- Lot Size (Sq. Ft.): 655,142
- Lot Size Source: Assessor
- Lot Features: Trees/Wooded
- Zoning: UR
- Lot Description: Trees/Wooded
Financial Considerations
- Price Per Sq. Ft.: $288.59
- Assessment Year: 2025
- School Tax: $9,435
- City/TownTax: $965
- City/TownTax Freq: Annually
- County Tax: $2,404
- County Tax Freq: Annually
- Tax w/Assessment: $266,700
- Tax Amount: $12,805
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2252
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3267
Listed by RE/MAX Of Reading, David M Mattes
Sold by RE/MAX Of Reading, Melanie Mattes
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Schools
Schools serving 701 E Neversink Rd
School District:Exeter Township School District
| Name | Grades | Distance |
|---|---|---|
Lorane El School 699 Rittenhouse Drive, Reading, PA 19606 | K-4 | 1.5 mi |
Exeter Twp Junior High School 151 East 39th Street, Reading, PA 19606 | 7-8 | 1.2 mi |
Exeter Twp Senior High School 201 East 37th Street, Reading, PA 19606 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 E Neversink Rd
Date
Details
Price
Change
Source
8/08/2025
Sold
$525,000
-19.22%
MLS
12/21/2024
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
701 E Neversink Road, Reading, PA 19606 (MLS# PABK2051400) is a Single Family property that was sold at $525,000 on August 08, 2025. Want to learn more about 701 E Neversink Road? Do you have questions about finding other Single Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

