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513 North School Lane

513 North School Lane, Lancaster, PA 17603
Property in Lancaster
Sold Sep 21, 2021
$328,200
$262,560 by Residential Mortgage Services
Mortgage Due Oct 01, 2051
Sold Aug 15, 2011
$216,000
$172,800 by Bank Of America Na
Mortgage Due Sep 01, 2041
513 North School Lane has been categorized by the local assessors in Lancaster, PA as a residential type of property. The building on the property was first built in 1929 and is 95 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 513 North School Lane has 1,819 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 705 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 garage for those who require parking. The garage measured 230 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The roof of the building is made of slate. The exterior walls of the building are made of brick. 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 gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 513 North School Lane sold most recently in Sep 20, 2021 for a total of $328,200. If you work out the math, that's approximately a cost of $147.57 per sqft. Before that, the property was also sold for $216,000 in Aug 12, 2011. 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 $4,615 in taxes each year. 513 North School Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $174,200. If we break it down further, the land itself was valued at $72,600. Improvements to the property, however, were assessed at a total of $101,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 705
  • Garage Type: Garage
  • Garage Square Area: 230
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,224
  • Gross Building Area: 2,404
  • Building Area: 1,819
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,819
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.14
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 513 N SCHOOL LN

Ownership

  • Current Owner : MASSEY SAMUEL R
  • Current Owner 2: MASSEY SUSAN L
  • Previous Owner : HARSH CHAD D
  • Owner Before Previous Owner: HINKLE CYNTHIA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lancaster School District
  • School Tax School District: LANCASTER
  • Census Tract: 013503

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 12J15
  • District: 340
  • Parcel: 340-29209-0-0000
  • Lot: 21
  • Municipality: LANCASTER TWP
  • Latitude: 40.0454
  • Longitude: -76.3291

    Address

  • Full Address: 513 N School Ln
  • Address - House Number: 513
  • Street Direction: N
  • Address - Street Name: School
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Lancaster
  • Carrier Code: C011
  • 4-Digit Zip Code: 2532
  • Zip Code: 17603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,615

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 362,541
  • High Value: 431,005
  • Low Value: 294,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,560
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $262,560
  • 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, 2051

    Market Valuation

  • Market Total Value: $174,200
  • Market Land Value: $72,600
  • Market Improvement Value: $101,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $174,200
  • Assessed Land Value: $72,600
  • Assessed Improvements Value: $101,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11857664803
  • Current Sale Price: $328,200
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6633073
  • Previous Sale Recording Date: Aug 15, 2011
  • Previous Sale Contract Date: Aug 12, 2011
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $262,560
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 15, 2011
  • Previous Mortgage Loan Amount: $172,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Lancaster



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Frequently Asked Questions

What neighborhood is 513 North School Lane located in?
The 513 North School Lane is a located in the neighborhood of Lancaster in Lancaster, Lancaster.
What is the average sales price for listings in 513 North School Lane?
The average sales price for units in 513 North School Lane is $0 currently.

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