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605 Lake Meade Drive

605 Lake Meade Drive, East Berlin, PA 17316
Property in Reading
Sold Jun 30, 2020
$179,900
$170,905 by E Mortgage Management Llc
Mortgage Due Jul 01, 2050
Sold May 28, 1987
$62,000
605 Lake Meade Drive in East Berlin, PA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 605 Lake Meade Drive has 1,034 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 16,117 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 325 sqft. There is one available parking space. As for heating, the home is utilizing electric heaters and being fueled with electricity. 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, 605 Lake Meade Drive was last sold in Jun 19, 2020 for $179,900. According to our calculations, that's $173.98 per sqft. Prior to that sales transaction, the property was sold for $62,000 in Jan 1, 1970. Current property owners are expected to pay $2,863 in taxes per year. The property on 605 Lake Meade Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $166,800. To break that down further, the land itself was valued at $52,000. While improvements to the property were assessed at a total of $114,800. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1985
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,034
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE MEADE SUBDIVISION
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DESANTO DONALD R
  • Current Owner 2: DESANTO DONALD R
  • Previous Owner : GIBNEY RAYMOND F
  • Previous Owner 2: GIBNEY ALICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bermudian Springs School District
  • School Tax School District: BERMUDIAN SPGS
  • Census Tract: 030103

Zoning

  • Zoning: R2A

Geography

  • District: 36
  • Parcel: 36 108-0028A--000
  • Lot: M-0044
  • Municipality: READING TOWNSHIP
  • Latitude: 39.986
  • Longitude: -77.0351

    Address

  • Full Address: 605 Lake Meade Dr
  • Address - House Number: 605
  • Address - Street Name: Lake Meade
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: East Berlin
  • Carrier Code: R003
  • 4-Digit Zip Code: 9320
  • Zip Code: 17316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,863
  • Tax Rate Code Area: BERMUDIAN

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 250,131
  • High Value: 300,373
  • Low Value: 199,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,905
  • First Open Lien Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $170,905
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $166,800
  • Market Land Value: $52,000
  • Market Improvement Value: $114,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,800
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $114,800

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11772865668
  • Current Sale Price: $179,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202000006995
  • Previous Sale Recording Date: May 28, 1987
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $170,905
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Lake Meade



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Frequently Asked Questions

What neighborhood is 605 Lake Meade Drive located in?
The 605 Lake Meade Drive is a located in the neighborhood of Reading in Lake Meade, East Berlin.
What is the average sales price for listings in 605 Lake Meade Drive?
The average sales price for units in 605 Lake Meade Drive is $0 currently.

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