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1622 Colchester Drive

1622 Colchester Drive, Lancaster, PA 17603
Property in Lancaster
Sold May 02, 2018
$145,000
$142,373 by Mortgage Network Inc
Mortgage Due May 01, 2048
Sold Dec 09, 2010
$120,000
$116,958 by Fulton Bank Na
Mortgage Due Dec 01, 2040
1622 Colchester Drive in Lancaster, PA was first built in 1987 and is 37 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 duplex style. There are a total of 3 floors. 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 are 2 partial bathrooms. 1622 Colchester Drive has 1,080 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 6,534 square feet.

Learn more about the property and building on this page. There is 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 frame control joints. The exterior walls of the home are made of a combination of material. 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 electricity. The property was last sold in Apr 30, 2018 for $145,000. That's $92.95 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2010 for $120,000. 1622 Colchester Drive was last assessed in 2024. The total value of the property was assessed at $120,100. Specifically, the land the property is located on was valued at $40,500. While improvements on the property were assessed at a total of $79,600. 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 $3,182. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHADWICK
  • Land Acres: 0.15
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 1622 COLCHESTER DR

Ownership

  • Current Owner : COLON GEORGE L
  • Current Owner 2: COLON ERICA T
  • Previous Owner : OLENA BRADLEY W
  • Owner Before Previous Owner: OLENA BRAD
  • Owner Before Previous Owner 2: OLENA CINDY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lancaster School District
  • School Tax School District: LANCASTER
  • Census Tract: 013505

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 14J03
  • District: 340
  • Parcel: 340-22744-0-0000
  • Lot: 10
  • Municipality: LANCASTER TWP
  • Latitude: 40.017
  • Longitude: -76.3264

    Address

  • Full Address: 1622 Colchester Dr
  • Address - House Number: 1622
  • Address - Street Name: Colchester
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Lancaster
  • Carrier Code: R002
  • 4-Digit Zip Code: 9339
  • Zip Code: 17603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,182

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 217,508
  • High Value: 259,772
  • Low Value: 175,243

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $146,751
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: May 02, 2018
  • First Open Lien Mortgage Loan Amount: $142,373
  • 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: May 01, 2048
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Aug 11, 2020
  • Second Open Lien Mortgage Loan Amount: $4,378
  • Second Open Lien Mortgage Term: 332
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $120,100
  • Market Land Value: $40,500
  • Market Improvement Value: $79,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $120,100
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $79,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 02, 2018
  • Current Sale Transaction ID: 11457183438
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6394893
  • Previous Sale Recording Date: Dec 09, 2010
  • Previous Sale Contract Date: Nov 30, 2010
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: May 02, 2018
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FULTON BANK NA
  • Previous Mortgage Transaction Date: Dec 09, 2010
  • Previous Mortgage Loan Amount: $116,958
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2040

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Frequently Asked Questions

What neighborhood is 1622 Colchester Drive located in?
The 1622 Colchester Drive is a located in the neighborhood of Lancaster in Lancaster, Lancaster.
What is the average sales price for listings in 1622 Colchester Drive?
The average sales price for units in 1622 Colchester Drive is $0 currently.

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