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520 Lauers Lane

520 Lauers Lane, Reading, PA 19610
Property in Wyomissing
Sold May 04, 2023
$753,000
$527,100 by Success Mortgage Partners, Inc
Mortgage Due May 01, 2053
Sold Oct 07, 2016
$535,000
$505,500 by Usaa Fsb
Mortgage Due Oct 01, 2046
Local assessors in Reading, PA have categorized 520 Lauers Lane as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 31,799 square feet. 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, 4 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 3 full bathrooms. There are also 4 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 520 Lauers Lane has a total of 3,291 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 full basement that is 832 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a open porch and a screened patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. 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 heat pump is the primary heating source and it is being fueled with electricity. 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, 520 Lauers Lane sold most recently in Apr 24, 2023 for a total of $753,000. If you work out the math, that's approximately a cost of $228.81 per sqft. Before that, the property was also sold for $535,000 in Sep 27, 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 $13,008 in taxes each year. 520 Lauers Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $292,200. If we break it down further, the land itself was valued at $95,700. Improvements to the property, however, were assessed at a total of $196,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Condition

Level Lot

Location

Private Lot

Building Style

Contemporary

Exterior

Aluminum Siding
Brick Exterior
Vinyl Siding

Parking

Paved Parking
Garage Parking

Facilities

Laundry Room
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 832
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 3,291
  • Gross Building Area: 3,291
  • Building Area: 3,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,291
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAUER ESTATES
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MOYNAHAN NEIL
  • Current Owner 2: MOYNAHAN ANNA B
  • Previous Owner : FOSTER SCOTT G
  • Previous Owner 2: FOSTER KATHLEEN G
  • Owner Before Previous Owner: THOMAS PETER H
  • Owner Before Previous Owner 2: THOMAS KAREN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wyomissing Area School District
  • School Tax School District: 18
  • Census Tract: 011102

Geography

  • Assessors Map Reference: 964396
  • District: 96
  • Parcel: 96-4396-14-44-5324
  • Block: 44
  • Lot: 2
  • Municipality: WYOMISSING BOROUG
  • Latitude: 40.3201
  • Longitude: -75.9763

    Address

  • Full Address: 520 Lauers Ln
  • Address - House Number: 520
  • Address - Street Name: Lauers
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Reading
  • Carrier Code: C047
  • 4-Digit Zip Code: 2616
  • Zip Code: 19610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,008
  • Tax Rate Code Area: 96

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 72
  • Final Value: 683,926
  • High Value: 825,002
  • Low Value: 542,849

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $527,100
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS, INC
  • First Open Lien Mortgage Recording Date: May 04, 2023
  • First Open Lien Mortgage Loan Amount: $527,100
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $292,200
  • Market Land Value: $95,700
  • Market Improvement Value: $196,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,200
  • Assessed Land Value: $95,700
  • Assessed Improvements Value: $196,500

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: May 04, 2023
  • Current Sale Transaction ID: 11906256222
  • Current Sale Price: $753,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12711
  • Previous Sale Recording Date: Oct 07, 2016
  • Previous Sale Contract Date: Sep 27, 2016
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS, INC
  • First Mortgage Transaction Date: May 04, 2023
  • First Mortgage Loan Amount: $527,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Oct 07, 2016
  • Previous Mortgage Loan Amount: $505,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Wyomissing



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 520 Lauers Lane located in?
The 520 Lauers Lane is a located in the neighborhood of Wyomissing in Wyomissing, Reading.
What is the average sales price for listings in 520 Lauers Lane?
The average sales price for units in 520 Lauers Lane is $0 currently.

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