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1615 Magnolia Drive

1615 Magnolia Drive, Lancaster, PA 17602
Sold Sep 14, 2020
$199,900
$109,000 by Northwest Bank
Mortgage Due Oct 01, 2050
Sold May 19, 2020
$140,000
1615 Magnolia Drive in Lancaster, PA was first built in 1958 and is 66 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 ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1615 Magnolia Drive has 884 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 10,890 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. 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 masonry control joints. 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, 1615 Magnolia Drive sold most recently in Sep 11, 2020 for a total of $199,900. If you work out the math, that's approximately a cost of $113.07 per sqft. Before that, the property was also sold for $140,000 in May 19, 2020. 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 $2,879 in taxes each year. 1615 Magnolia Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $135,100. If we break it down further, the land itself was valued at $53,400. Improvements to the property, however, were assessed at a total of $81,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Brick Exterior
Masonry Exterior
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 884
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,768
  • Gross Building Area: 1,804
  • Building Area: 884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 884
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINVILLE CIRCLE
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1615 MAGNOLIA DR

Ownership

  • Current Owner : KEENEY MICHAEL
  • Current Owner 2: KEENEY EMILY
  • Previous Owner : BML REAL ESTATE LLC
  • Owner Before Previous Owner: GRIMM BRIAN K
  • Owner Before Previous Owner 2: GRIMM DOROTHY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lampeter-Strasburg School District
  • School Tax School District: LAMPETER-STRASB
  • Census Tract: 013301

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 13K12
  • District: 320
  • Parcel: 320-66513-0-0000
  • Lot: 7
  • Municipality: WEST LAMPETER TWP
  • Latitude: 40.029
  • Longitude: -76.2674

    Address

  • Full Address: 1615 Magnolia Dr
  • Address - House Number: 1615
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Lancaster
  • Carrier Code: C045
  • 4-Digit Zip Code: 4023
  • Zip Code: 17602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,879

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 257,281
  • High Value: 312,164
  • Low Value: 202,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,000
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $109,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $135,100
  • Market Land Value: $53,400
  • Market Improvement Value: $81,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $135,100
  • Assessed Land Value: $53,400
  • Assessed Improvements Value: $81,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11788204487
  • Current Sale Price: $199,900
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 6545816
  • Previous Sale Recording Date: May 19, 2020
  • Previous Sale Contract Date: May 19, 2020
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $109,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Lancaster



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Frequently Asked Questions

What neighborhood is 1615 Magnolia Drive located in?
The 1615 Magnolia Drive is a house located in the neighborhood of West Lampeter in Lancaster, Lancaster.
What is the average sales price for listings in 1615 Magnolia Drive?
The average sales price for units in 1615 Magnolia Drive is $199,900 , or $226/sqft. currently.

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