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555 Gibraltar Road

555 Gibraltar Road, Reading, PA 19606
Property in Exeter
Sold Aug 16, 2021
$259,500
$254,799 by First Alliance Home Mortgage L
Mortgage Due Sep 01, 2051
Sold Dec 08, 2009
$145,500
Local assessors in Reading, PA have categorized 555 Gibraltar Road as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 13,939 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 555 Gibraltar Road has a total of 1,308 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. The home sources its water from a well 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 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 good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick 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 hot water heating system is the primary heating source and it is being fueled with oil. 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, 555 Gibraltar Road was last sold in Aug 13, 2021 for $259,500. According to our calculations, that's $198.39 per sqft. Prior to that sales transaction, the property was sold for $145,500 in Nov 13, 2009. Current property owners are expected to pay $4,773 in taxes per year. The property on 555 Gibraltar Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $103,900. To break that down further, the land itself was valued at $28,800. While improvements to the property were assessed at a total of $75,100. 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. 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.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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,308
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOPEZ ISAIAS JHOVANIE
  • Previous Owner : GEORGE EDWARD
  • Previous Owner 2: GEORGE EDWARD
  • Owner Before Previous Owner: ERB KEITH A
  • Owner Before Previous Owner 2: ERB SHERRY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Exeter Township School District
  • School Tax School District: 6
  • Census Tract: 012004

Geography

  • Assessors Map Reference: 435325
  • Account Number: 43051500
  • District: 43
  • Parcel: 43-5325-11-66-0446
  • Block: 66
  • Municipality: EXETER TOWNSHIP
  • Latitude: 40.2966
  • Longitude: -75.8637

    Address

  • Full Address: 555 Gibraltar Rd
  • Address - House Number: 555
  • Address - Street Name: Gibraltar
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Reading
  • Carrier Code: C090
  • 4-Digit Zip Code: 3362
  • Zip Code: 19606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,773
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 73
  • Final Value: 293,999
  • High Value: 351,476
  • Low Value: 236,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,799
  • First Open Lien Mortgage Lender: FIRST ALLIANCE HOME MORTGAGE L
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $254,799
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $103,900
  • Market Land Value: $28,800
  • Market Improvement Value: $75,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,900
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $75,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11849542250
  • Current Sale Price: $259,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021040952
  • Previous Sale Recording Date: Dec 08, 2009
  • Previous Sale Contract Date: Nov 13, 2009
  • Previous Sale Amount: $145,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ALLIANCE HOME MORTGAGE L
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $254,799
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

About Lorane



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Frequently Asked Questions

What neighborhood is 555 Gibraltar Road located in?
The 555 Gibraltar Road is a located in the neighborhood of Exeter in Lorane, Reading.
What is the average sales price for listings in 555 Gibraltar Road?
The average sales price for units in 555 Gibraltar Road is $0 currently.

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