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1024 Lancaster Avenue

1024 Lancaster Avenue, Reading, PA 19607
Sold Jan 09, 2020
$105,000
$103,098 by Customers Bank
Mortgage Due Feb 01, 2050
Sold Apr 07, 1972
Transfer
1024 Lancaster Avenue has been categorized by the local assessors in Reading, PA as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1024 Lancaster Avenue has 1,416 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,485 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jan 6, 2020 for $105,000. That's $74.15 per sqft. 1024 Lancaster Avenue was last assessed in 2023. The total value of the property was assessed at $71,700. Specifically, the land the property is located on was valued at $20,700. While improvements on the property were assessed at a total of $51,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,134. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,416
  • Gross Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,416
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROOK & KENDALL ADD
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : QUIJANO JOSUE HERNANDEZ
  • Previous Owner : WESOLOWSKI RICHARD J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: 19
  • Census Tract: 002700

Geography

  • Assessors Map Reference: 185306
  • Account Number: 18444125
  • District: 18
  • Parcel: 18-5306-18-32-6301
  • Block: 32
  • Municipality: READING CITY
  • Latitude: 40.3139
  • Longitude: -75.9437

    Address

  • Full Address: 1024 Lancaster Ave
  • Address - House Number: 1024
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Reading
  • Carrier Code: C008
  • 4-Digit Zip Code: 1610
  • Zip Code: 19607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,134
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 69
  • Final Value: 214,863
  • High Value: 262,850
  • Low Value: 166,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,098
  • First Open Lien Mortgage Lender: CUSTOMERS BANK
  • First Open Lien Mortgage Recording Date: Jan 09, 2020
  • First Open Lien Mortgage Loan Amount: $103,098
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $71,700
  • Market Land Value: $20,700
  • Market Improvement Value: $51,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,700
  • Assessed Land Value: $20,700
  • Assessed Improvements Value: $51,000

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 09, 2020
  • Current Sale Transaction ID: 11715153443
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020001132
  • Previous Sale Recording Date: Apr 07, 1972
  • Previous Sale Contract Date: Apr 07, 1972
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CUSTOMERS BANK
  • First Mortgage Transaction Date: Jan 09, 2020
  • First Mortgage Loan Amount: $103,098
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

About Southwest Reading



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Frequently Asked Questions

What neighborhood is 1024 Lancaster Avenue located in?
The 1024 Lancaster Avenue is a located in the neighborhood of Southwest Reading in Southwest Reading, Reading.
What is the average sales price for listings in 1024 Lancaster Avenue?
The average sales price for units in 1024 Lancaster Avenue is $0 currently.

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