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107 Burning Tree Lane

107 Burning Tree Lane, Reading, PA 19607
Property in Flying Hills
Sold Jun 09, 2020
$180,000
$140,000 by Mortgage America Inc
Mortgage Due Jul 01, 2050
Sold Dec 06, 2010
$132,000
107 Burning Tree Lane in Reading, PA was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 107 Burning Tree Lane has 1,554 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 378 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 1,742 square feet.

Learn more about the property and building on this page. There is a screened patio. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 107 Burning Tree Lane sold most recently in Jun 2, 2020 for a total of $180,000. If you work out the math, that's approximately a cost of $115.83 per sqft. Before that, the property was also sold for $132,000 in Nov 26, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,940 in taxes each year. 107 Burning Tree Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,100. If we break it down further, the land itself was valued at $17,600. Improvements to the property, however, were assessed at a total of $70,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 378
  • Parking Space Count: 0
  • Patio Type: Patio - screened

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,554
  • Gross Building Area: 1,554
  • Building Area: 1,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,554
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEVELOPMENT/FLYING HILLS SEC 06
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SAM CHRISTOPHER
  • Previous Owner : CAPOBIANCO JEROME T
  • Previous Owner 2: CAPOBIANCO CHRISTINE E
  • Owner Before Previous Owner: OCONNELL THOMAS E
  • Owner Before Previous Owner 2: OCONNEL JENNIFER M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Governor Mifflin School District
  • School Tax School District: 8
  • Census Tract: 011603

Geography

  • Assessors Map Reference: 395314
  • Account Number: 39502520
  • District: 39
  • Parcel: 39-5314-05-29-4934
  • Block: 29
  • Lot: 107
  • Municipality: CUMRU TOWNSHIP
  • Latitude: 40.2794
  • Longitude: -75.9129

    Address

  • Full Address: 107 Burning Tree Ln
  • Address - House Number: 107
  • Address - Street Name: Burning Tree
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 3404
  • Zip Code: 19607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,940
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 66
  • Final Value: 237,016
  • High Value: 294,091
  • Low Value: 179,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: MORTGAGE AMERICA INC
  • First Open Lien Mortgage Recording Date: Jun 09, 2020
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $88,100
  • Market Land Value: $17,600
  • Market Improvement Value: $70,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,100
  • Assessed Land Value: $17,600
  • Assessed Improvements Value: $70,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jun 09, 2020
  • Current Sale Transaction ID: 11766417248
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020018717
  • Previous Sale Recording Date: Dec 06, 2010
  • Previous Sale Contract Date: Nov 26, 2010
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE AMERICA INC
  • First Mortgage Transaction Date: Jun 09, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Flying Hills



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Frequently Asked Questions

What neighborhood is 107 Burning Tree Lane located in?
The 107 Burning Tree Lane is a located in the neighborhood of Flying Hills in Flying Hills, Reading.
What is the average sales price for listings in 107 Burning Tree Lane?
The average sales price for units in 107 Burning Tree Lane is $0 currently.

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