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525 Meade Terrace

525 Meade Terrace, Reading, PA 19607
Property in Shillington
Sold Dec 04, 2018
$155,000
$150,350 by Florida Capital Bank Na
Mortgage Due Dec 01, 2048
525 Meade Terrace in Reading, PA was first built in 1945 and is 79 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 525 Meade Terrace has 1,613 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 6,970 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 30, 2018 for $155,000. That's $96.09 per sqft. 525 Meade Terrace was last assessed in 2023. The total value of the property was assessed at $99,900. Specifically, the land the property is located on was valued at $34,500. While improvements on the property were assessed at a total of $65,400. 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 $4,435. 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. 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: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,613
  • Gross Building Area: 1,613
  • Building Area: 1,613
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,613
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LYNOAK
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROMAN SOPHIA
  • Previous Owner : LAWRENCE DAVID M
  • Previous Owner 2: LAWRENCE SHERYL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Governor Mifflin School District
  • School Tax School District: 8
  • Census Tract: 011601

Geography

  • Assessors Map Reference: 774396
  • Account Number: 77031020
  • District: 77
  • Parcel: 77-4396-20-90-3952
  • Block: 90
  • Lot: 78
  • Municipality: SHILLINGTON BOROUGH
  • Latitude: 40.3102
  • Longitude: -75.959

    Address

  • Full Address: 525 Meade Tc
  • Address - House Number: 525
  • Address - Street Name: Meade Tc
  • State: PA
  • City Name: Reading
  • Zip Code: 19607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,435
  • Tax Rate Code Area: 77

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 69
  • Final Value: 251,793
  • High Value: 307,997
  • Low Value: 195,590

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $155,350
  • First Open Lien Mortgage Lender: FLORIDA CAPITAL BANK NA
  • First Open Lien Mortgage Recording Date: Dec 04, 2018
  • First Open Lien Mortgage Loan Amount: $150,350
  • 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: Dec 01, 2048
  • Second Open Lien Mortgage Lender: FLORIDA CAPITAL BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 04, 2018
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $99,900
  • Market Land Value: $34,500
  • Market Improvement Value: $65,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,900
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $65,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2018
  • Current Sale Recording Date: Dec 04, 2018
  • Current Sale Transaction ID: 11542076110
  • Current Sale Price: $155,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018041677

    Last Sale Mortgage

  • First Mortgage Lender: FLORIDA CAPITAL BANK NA
  • First Mortgage Transaction Date: Dec 04, 2018
  • First Mortgage Loan Amount: $150,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 525 Meade Terrace located in?
The 525 Meade Terrace is a located in the neighborhood of Shillington in Shillington, Reading.
What is the average sales price for listings in 525 Meade Terrace?
The average sales price for units in 525 Meade Terrace is $0 currently.

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