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331 South 2nd Street

331 South 2nd Street, Lebanon, PA 17042
Property in Lebanon
Sold Dec 21, 2021
$130,000
$126,100 by Mortgage America Inc
Mortgage Due Jan 01, 2052
Sold Nov 24, 2014
$79,900
$78,452 by Residential Mortgage Services
Mortgage Due Dec 01, 2044
331 South 2nd Street in Lebanon, PA was first built in 1885 and is 139 years old. This has been categorized as a residential property type. 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 is only one bathroom. There is a 1 partial bathroom. 331 South 2nd Street has 1,460 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 1,742 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit 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, 331 South 2nd Street sold most recently in Dec 3, 2021 for a total of $130,000. If you work out the math, that's approximately a cost of $89.04 per sqft. Before that, the property was also sold for $79,900 in Nov 14, 2014. 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 $2,253 in taxes each year. 331 South 2nd Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $73,400. If we break it down further, the land itself was valued at $7,700. Improvements to the property, however, were assessed at a total of $65,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1885
  • Effective Year Built: 1885
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,460
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTROL #38000377

Ownership

  • Current Owner : WERLEY DOUGLAS L
  • Previous Owner : DIFAVA FRANCIS G
  • Previous Owner 2: RHOADS CHELSEY L
  • Owner Before Previous Owner: WEISS ZACHARY J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Lebanon School District
  • School Tax School District: 4
  • Census Tract: 000100

Geography

  • Assessors Map Reference: MAP 548B
  • District: 1
  • Parcel: 01-2340922-367659-0000
  • Municipality: LEBANON CITY, WARD 1
  • Latitude: 40.3348
  • Longitude: -76.4141

    Address

  • Full Address: 331 S 2nd St
  • Address - House Number: 331
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Lebanon
  • Carrier Code: C015
  • 4-Digit Zip Code: 5436
  • Zip Code: 17042

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,253

    Appraisal Valuation

  • Standard Deviation: 0.2482
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 159,374
  • High Value: 198,944
  • Low Value: 119,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,100
  • First Open Lien Mortgage Lender: MORTGAGE AMERICA INC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $126,100
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $75,358
  • Market Land Value: $7,905
  • Market Improvement Value: $67,453

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $73,400
  • Assessed Land Value: $7,700
  • Assessed Improvements Value: $65,700

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875630698
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202122415
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Contract Date: Nov 14, 2014
  • Previous Sale Amount: $79,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE AMERICA INC
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $126,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Nov 24, 2014
  • Previous Mortgage Loan Amount: $78,452
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2044

About Lebanon



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Unit for rent at 35 N 10th St, LEBANON, PA, 17046

$1,400 /mo

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Frequently Asked Questions

What neighborhood is 331 South 2nd Street located in?
The 331 South 2nd Street is a located in the neighborhood of Lebanon in Lebanon, Lebanon.
What is the average sales price for listings in 331 South 2nd Street?
The average sales price for units in 331 South 2nd Street is $0 currently.

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