Check Availability

502 South 3rd Street

502 South 3rd Street, Lebanon, PA 17042
Property in Lebanon
Sold May 24, 2022
$243,500
$184,000 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Aug 29, 2016
$129,900
$110,415 by E Mortgage Management Llc
Mortgage Due Sep 01, 2046
Local assessors in Lebanon, PA have categorized 502 South 3rd Street as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 11,326 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 502 South 3rd Street has a total of 1,496 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 120 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 502 South 3rd Street sold most recently in May 23, 2022 for a total of $243,500. If you work out the math, that's approximately a cost of $162.77 per sqft. Before that, the property was also sold for $129,900 in Aug 25, 2016. 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 $3,898 in taxes each year. 502 South 3rd Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $127,000. If we break it down further, the land itself was valued at $23,800. Improvements to the property, however, were assessed at a total of $103,200. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Building Style

Cape Cod
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 120
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,496
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTROL #38000264

Ownership

  • Current Owner : KRATZ RICHARD
  • Current Owner 2: FERNANDEZ LAURIE
  • Previous Owner : WOLFE MICHAEL A
  • Owner Before Previous Owner: DONNACHIE KEITH W
  • Owner Before Previous Owner 2: DONNACHIE AMY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 548A
  • District: 1
  • Parcel: 01-2340672-366858-0000
  • Municipality: LEBANON CITY, WARD 1
  • Latitude: 40.3327
  • Longitude: -76.415

    Address

  • Full Address: 502 S 3rd St
  • Address - House Number: 502
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Lebanon
  • Carrier Code: C020
  • 4-Digit Zip Code: 6801
  • Zip Code: 17042

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,898

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 253,330
  • High Value: 308,885
  • Low Value: 197,774

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $184,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $130,389
  • Market Land Value: $24,435
  • Market Improvement Value: $105,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $127,000
  • Assessed Land Value: $23,800
  • Assessed Improvements Value: $103,200

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888231275
  • Current Sale Price: $243,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7636
  • Previous Sale Recording Date: Aug 29, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $129,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • Previous Mortgage Transaction Date: Aug 29, 2016
  • Previous Mortgage Loan Amount: $110,415
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Lebanon



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 607 Guilford St, LEBANON, PA, 17046

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,585 ft²
607 Guilford St #2, LEBANON, PA, 17046 Listing by RH Advisors Bright
Unit for rent at 359 Harrison St, LEBANON, PA, 17046

$1,350 /mo

  • 3 Beds
  • 1 Bath
  • 1,112 ft²
359 Harrison St, LEBANON, PA, 17046 Listing by RH Advisors Bright
Unit for rent at 612 N 9th St, LEBANON, PA, 17046

$1,175 /mo

  • 3 Beds
  • 1 Bath
612 N 9th St #2N, LEBANON, PA, 17046 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 502 South 3rd Street located in?
The 502 South 3rd Street is a located in the neighborhood of Lebanon in Lebanon, Lebanon.
What is the average sales price for listings in 502 South 3rd Street?
The average sales price for units in 502 South 3rd Street is $0 currently.

Quantcast