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501 North 7th Avenue

501 North 7th Avenue, Lebanon, PA 17046
Property in Lebanon
Sold May 15, 2020
$155,000
$152,192 by Members 1st Fcu
Mortgage Due May 01, 2050
Sold Oct 16, 2012
$83,000
$58,000 by Jonestown Bank & Trust Co
Mortgage
501 North 7th Avenue in Lebanon, PA was first built in 1940 and is 84 years old. This has been categorized as a residential property type. There are a total of 2 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 is a 1 partial bathroom. 501 North 7th Avenue has 1,132 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 9,148 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. 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, 501 North 7th Avenue was last sold in Apr 29, 2020 for $155,000. According to our calculations, that's $136.93 per sqft. Prior to that sales transaction, the property was sold for $83,000 in Oct 15, 2012. Current property owners are expected to pay $3,201 in taxes per year. The property on 501 North 7th Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $104,300. To break that down further, the land itself was valued at $14,000. While improvements to the property were assessed at a total of $90,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 9,148
  • Total Building Area: 1,132
  • Building Area: 1,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,132
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTROL #38007447

Ownership

  • Current Owner : VEGA ALEXIS OMAR
  • Current Owner 2: FERRER YAMILETTE LUGO
  • Previous Owner : ROTH JOEL A
  • Owner Before Previous Owner: RESTO CARMAN M
  • Owner Before Previous Owner 2: RESTO CARMEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lebanon School District
  • School Tax School District: 4
  • Census Tract: 000500

Geography

  • Assessors Map Reference: MAP 537
  • District: 9
  • Parcel: 09-2344587-372463-0000
  • Municipality: LEBANON CITY, WARD 9
  • Latitude: 40.3479
  • Longitude: -76.4008

    Address

  • Full Address: 501 N 7th Ave
  • Address - House Number: 501
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Lebanon
  • Carrier Code: C026
  • 4-Digit Zip Code: 4022
  • Zip Code: 17046

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,201

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 215,764
  • High Value: 265,438
  • Low Value: 166,090

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $195,192
  • First Open Lien Mortgage Lender: MEMBERS 1ST FCU
  • First Open Lien Mortgage Recording Date: May 15, 2020
  • First Open Lien Mortgage Loan Amount: $152,192
  • 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, 2050
  • Second Open Lien Mortgage Lender: MEMBERS 1ST FEDERAL CREDIT UNI
  • Second Open Lien Mortgage Recording Date: Apr 28, 2022
  • Second Open Lien Mortgage Loan Amount: $43,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 28, 2052

    Market Valuation

  • Market Total Value: $107,083
  • Market Land Value: $14,373
  • Market Improvement Value: $92,710

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $104,300
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $90,300

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Transaction ID: 11761528294
  • Current Sale Price: $155,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202005703
  • Previous Sale Recording Date: Oct 16, 2012
  • Previous Sale Contract Date: Oct 15, 2012
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEMBERS 1ST FCU
  • First Mortgage Transaction Date: May 15, 2020
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JONESTOWN BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 16, 2012
  • Previous Mortgage Loan Amount: $58,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Lebanon



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 501 North 7th Avenue located in?
The 501 North 7th Avenue is a located in the neighborhood of Lebanon in Lebanon, Lebanon.
What is the average sales price for listings in 501 North 7th Avenue?
The average sales price for units in 501 North 7th Avenue is $0 currently.

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