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1504 Old Lancaster Pike

1504 Old Lancaster Pike, Reading, PA 19608
Property in Cumru
Sold May 31, 2019
$237,000
$232,707 by Residential Mortgage Services
Mortgage Due Jun 01, 2049
Sold Jan 13, 2004
$163,000
$130,400 by World Savings Bank Fsb
Mortgage Due Nov 24, 2033
1504 Old Lancaster Pike in Reading, PA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1504 Old Lancaster Pike has 1,936 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. In total, the area measurement of the land is 30,056 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. Water for the property is sourced from a well 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. For those who need parking, there is a detached garage. The garage is 484 sqft. There are a total of 2 available parking spaces. 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 masonry control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. 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 heating system and being fueled with oil. 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, 1504 Old Lancaster Pike sold most recently in May 31, 2019 for a total of $237,000. If you work out the math, that's approximately a cost of $122.42 per sqft. Before that, the property was also sold for $163,000 in Nov 7, 2003. 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 $4,141 in taxes each year. 1504 Old Lancaster Pike was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,600. If we break it down further, the land itself was valued at $39,400. Improvements to the property, however, were assessed at a total of $53,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 484
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,936
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: DEVELOPMENT/COLONIALHILLS
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHADE JUSTIN M
  • Previous Owner : SCHWEITZER JUSTINA
  • Owner Before Previous Owner: HAWS CHARLES B
  • Owner Before Previous Owner 2: HAWS MARLENE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Governor Mifflin School District
  • School Tax School District: 8
  • Census Tract: 011602

Geography

  • Assessors Map Reference: 394384
  • Account Number: 39115500
  • District: 39
  • Parcel: 39-4384-06-39-9926
  • Block: 39
  • Municipality: CUMRU TOWNSHIP
  • Latitude: 40.2811
  • Longitude: -76.0152

    Address

  • Full Address: 1504 Old Lancaster Pike
  • Address - House Number: 1504
  • Address - Street Name: Old Lancaster
  • Address - Suffix Type: Pike
  • State: PA
  • City Name: Reading
  • Carrier Code: R006
  • 4-Digit Zip Code: 9141
  • Zip Code: 19608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,141
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 77
  • Final Value: 307,397
  • High Value: 361,813
  • Low Value: 252,981

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $289,625
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: May 31, 2019
  • First Open Lien Mortgage Loan Amount: $232,707
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Dec 10, 2021
  • Second Open Lien Mortgage Loan Amount: $56,918
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $92,600
  • Market Land Value: $39,400
  • Market Improvement Value: $53,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,600
  • Assessed Land Value: $39,400
  • Assessed Improvements Value: $53,200

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11610554005
  • Current Sale Price: $237,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019017138
  • Previous Sale Recording Date: Jan 13, 2004
  • Previous Sale Contract Date: Nov 07, 2003
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $232,707
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Jan 13, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $130,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Nov 24, 2033

About Berks



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Frequently Asked Questions

What neighborhood is 1504 Old Lancaster Pike located in?
The 1504 Old Lancaster Pike is a located in the neighborhood of Cumru in Berks, Reading.
What is the average sales price for listings in 1504 Old Lancaster Pike?
The average sales price for units in 1504 Old Lancaster Pike is $0 currently.

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