Check Availability

5474 Lincoln Highway

5474 Lincoln Highway, Gap, PA 17527
Property in Salisbury
Sold Feb 01, 2017
$325,000
$250,000 by Richard J Shakespeare
Mortgage Due Feb 01, 2047
5474 Lincoln Highway has been categorized by the local assessors in Gap, PA as a residential type of property. The building on the property was first built in 1934 and is 90 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5474 Lincoln Highway has 3,080 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 212,573 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there are a total of 2 available parking spaces. 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 frame control joints. The roof of the building is made of metal. The exterior walls of the building are made of a combination of material. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a well 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5474 Lincoln Highway was last sold in Jan 31, 2017 for $325,000. According to our calculations, that's $67.93 per sqft. Current property owners are expected to pay $5,603 in taxes per year. The property on 5474 Lincoln Highway was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $307,800. To break that down further, the land itself was valued at $137,700. While improvements to the property were assessed at a total of $170,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,704
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 212,573
  • Total Building Area: 4,784
  • Gross Building Area: 4,952
  • Building Area: 3,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 4.88
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PETERSHEIM MELINDA A
  • Current Owner 2: PETERSHEIM DANIEL K
  • Previous Owner : SHAKESPEARE RICHARD J
  • Previous Owner 2: SHAKESPEARE DONALD L
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Pequea Valley School District
  • Census Tract: 014202

Geography

  • Parcel: 560-47614-0-0000
  • Municipality: SALISBURY TWP
  • Latitude: 39.9894
  • Longitude: -76.0084

    Address

  • Full Address: 5474 Lincoln Hwy
  • Address - House Number: 5474
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Hwy
  • State: PA
  • City Name: Gap
  • Carrier Code: R003
  • 4-Digit Zip Code: 9624
  • Zip Code: 17527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,603

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 523,985
  • High Value: 603,483
  • Low Value: 444,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: RICHARD J SHAKESPEARE
  • First Open Lien Mortgage Recording Date: Feb 01, 2017
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2047
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $307,800
  • Market Land Value: $137,700
  • Market Improvement Value: $170,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $307,800
  • Assessed Land Value: $137,700
  • Assessed Improvements Value: $170,100

    Sales

  • Current Sale Contract Date: Jan 31, 2017
  • Current Sale Recording Date: Feb 01, 2017
  • Current Sale Transaction ID: 1962237400
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6315076

    Last Sale Mortgage

  • First Mortgage Lender: RICHARD J SHAKESPEARE
  • First Mortgage Transaction Date: Feb 01, 2017
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Gap



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5474 Lincoln Highway located in?
The 5474 Lincoln Highway is a located in the neighborhood of Salisbury in Gap, Gap.
What is the average sales price for listings in 5474 Lincoln Highway?
The average sales price for units in 5474 Lincoln Highway is $0 currently.

Quantcast