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40 Walden Road

40 Walden Road, Lebanon, PA 17042
Sold Oct 03, 2022
$485,000
$235,000 by M&t Bank
Mortgage Due Oct 01, 2052
Sold Dec 27, 2021
$410,000
$257,000 by Orrstown Bank
Mortgage Due Jan 01, 2052
40 Walden Road has been categorized by the local assessors in Lebanon, PA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 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, 40 Walden Road has 2,693 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 64,469 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 40 Walden Road was last sold in Sep 30, 2022 for $485,000. According to our calculations, that's $180.10 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Dec 23, 2021. Current property owners are expected to pay $6,130 in taxes per year. The property on 40 Walden Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $272,400. To break that down further, the land itself was valued at $89,800. While improvements to the property were assessed at a total of $182,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stone Exterior
Wood Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 64,469
  • Total Building Area: 2,693
  • Building Area: 2,693
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,693
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTROL #38029847

Ownership

  • Current Owner : LEE JONGHOON
  • Current Owner 2: LEE JAE RA
  • Previous Owner : PARITI
  • Previous Owner 2: JOSEPH
  • Owner Before Previous Owner: NICHOLAS MICHAEL G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cornwall-Lebanon School District
  • School Tax School District: 2
  • Census Tract: 003500

Geography

  • Assessors Map Reference: MAP 042C
  • District: 26
  • Parcel: 26-2328554-363903-0000
  • Municipality: N CORNWALL TOWNSHIP
  • Latitude: 40.3251
  • Longitude: -76.4586

    Address

  • Full Address: 40 Walden Rd
  • Address - House Number: 40
  • Address - Street Name: Walden
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Lebanon
  • Carrier Code: C012
  • 4-Digit Zip Code: 4140
  • Zip Code: 17042

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,130

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 491,319
  • High Value: 578,016
  • Low Value: 404,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: M&T BANK
  • First Open Lien Mortgage Recording Date: Oct 03, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $279,671
  • Market Land Value: $92,197
  • Market Improvement Value: $187,474

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,400
  • Assessed Land Value: $89,800
  • Assessed Improvements Value: $182,600

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Transaction ID: 11896540094
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 14164
  • Previous Sale Recording Date: Dec 27, 2021
  • Previous Sale Contract Date: Dec 23, 2021
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M&T BANK
  • First Mortgage Transaction Date: Oct 03, 2022
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ORRSTOWN BANK
  • Previous Mortgage Transaction Date: Dec 27, 2021
  • Previous Mortgage Loan Amount: $257,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

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Frequently Asked Questions

What neighborhood is 40 Walden Road located in?
The 40 Walden Road is a house located in the neighborhood of North Cornwall in Lebanon, Lebanon.
What is the average sales price for listings in 40 Walden Road?
The average sales price for units in 40 Walden Road is $450,000 , or $167/sqft. currently.

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