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503 Racite Road

503 Racite Road, Alburtis, PA 18011
Property in Alburtis
Sold Apr 13, 2016
$247,900
$225,000 by Pennymac Loan Services Llc
Mortgage Due Dec 01, 2046
Sold Dec 04, 2015
$389,706
Local assessors in Alburtis, PA have categorized 503 Racite Road as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 4,042 square feet. The linear feet between the front and back of the lot was measured at 860 ft and the front of the lot was measured at 470 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 Racite Road has a total of 1,949 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Apr 11, 2016 for $247,900. That's $127.19 per sqft. Prior to that sales transaction, the property was also sold in Nov 17, 2015 for $389,706. 503 Racite Road was last assessed in 2023. The total value of the property was assessed at $227,000. Specifically, the land the property is located on was valued at $13,300. While improvements on the property were assessed at a total of $213,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,194. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,042
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,949
  • Building Area: 1,949
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,949
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLS AT LOCK RIDGE
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : KO RULLEAN
  • Current Owner 2: KO JENNIFER
  • Previous Owner : KAY LOCK RIDGE LLC
  • Owner Before Previous Owner: JAINDL DAVID M
  • Owner Before Previous Owner 2: JAINDL MARK W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Penn School District
  • School Tax School District: 01
  • Census Tract: 006302

Zoning

  • Zoning: R

Geography

  • District: 01
  • Parcel: 546385925012-1
  • Municipality: ALBURTIS
  • Latitude: 40.5078
  • Longitude: -75.5904

    Address

  • Full Address: 503 Racite Rd
  • Address - House Number: 503
  • Address - Street Name: Racite
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Alburtis
  • Carrier Code: R017
  • 4-Digit Zip Code: 9559
  • Zip Code: 18011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,194

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: May 31, 2023
  • Confidence Score: 78
  • Final Value: 391,417
  • High Value: 457,148
  • Low Value: 325,687

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 27, 2022
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046

    Market Valuation

  • Market Total Value: $227,000
  • Market Land Value: $13,300
  • Market Improvement Value: $213,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,000
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $213,700

    Sales

  • Current Sale Contract Date: Apr 11, 2016
  • Current Sale Recording Date: Apr 13, 2016
  • Current Sale Transaction ID: 1501531367
  • Current Sale Price: $247,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016009278
  • Previous Sale Recording Date: Dec 04, 2015
  • Previous Sale Contract Date: Nov 17, 2015
  • Previous Sale Amount: $389,706
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Apr 13, 2016
  • First Mortgage Loan Amount: $243,409
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

About Alburtis



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Frequently Asked Questions

What neighborhood is 503 Racite Road located in?
The 503 Racite Road is a located in the neighborhood of Alburtis in Alburtis, Alburtis.
What is the average sales price for listings in 503 Racite Road?
The average sales price for units in 503 Racite Road is $0 currently.

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