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396 Old Lancaster Pike

396 Old Lancaster Pike, Reading, PA 19607
Property in Cumru
Sold Mar 08, 2007
$172,000
$154,800 by Fremont Investment & Loan
Mortgage Due Mar 01, 2037
396 Old Lancaster Pike has been categorized by the local assessors in Reading, PA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 396 Old Lancaster Pike has 2,188 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. The exterior walls of the building are made of block. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 396 Old Lancaster Pike was last sold in Feb 16, 2007 for $172,000. According to our calculations, that's $78.61 per sqft. Current property owners are expected to pay $4,472 in taxes per year. The property on 396 Old Lancaster Pike was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $100,000. To break that down further, the land itself was valued at $37,800. While improvements to the property were assessed at a total of $62,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Style: Multifamily
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,188
  • Gross Building Area: 2,188
  • Building Area: 2,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,188
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONTROSE
  • Land Acres: 0.33
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : BERGER BRYAN L
  • Previous Owner : ZERBE SHAWN M

Neighborhood

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

Geography

  • Assessors Map Reference: 394395
  • Account Number: 39177720
  • District: 39
  • Parcel: 39-4395-09-07-6037
  • Block: 07
  • Lot: 1009
  • Municipality: CUMRU TOWNSHIP
  • Latitude: 40.3003
  • Longitude: -75.9907

    Address

  • Full Address: 396 Old Lancaster Pike
  • Address - House Number: 396
  • Address - Street Name: Old Lancaster
  • Address - Suffix Type: Pike
  • State: PA
  • City Name: Reading
  • Carrier Code: C012
  • 4-Digit Zip Code: 2368
  • Zip Code: 19607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,472
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.3209
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 35
  • Final Value: 265,897
  • High Value: 351,227
  • Low Value: 180,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,800
  • First Open Lien Mortgage Lender: FREMONT INVESTMENT & LOAN
  • First Open Lien Mortgage Recording Date: Mar 08, 2007
  • First Open Lien Mortgage Loan Amount: $154,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $37,800
  • Market Improvement Value: $62,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,000
  • Assessed Land Value: $37,800
  • Assessed Improvements Value: $62,200

    Sales

  • Current Sale Contract Date: Feb 16, 2007
  • Current Sale Recording Date: Mar 08, 2007
  • Current Sale Transaction ID: 11468115160
  • Current Sale Price: $172,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2007013361

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT INVESTMENT & LOAN
  • First Mortgage Transaction Date: Mar 08, 2007
  • First Mortgage Loan Amount: $154,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 01, 2037

About Berks



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Frequently Asked Questions

What neighborhood is 396 Old Lancaster Pike located in?
The 396 Old Lancaster Pike is a located in the neighborhood of Cumru in Berks, Reading.
What is the average sales price for listings in 396 Old Lancaster Pike?
The average sales price for units in 396 Old Lancaster Pike is $0 currently.

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