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183 Race Street

183 Race Street, Lebanon, PA 17042
Property in Cornwall
Sold Jun 19, 2007
$86,700
$86,487 by Mcs Mortgage Bankers Inc
Mortgage Due Aug 01, 2035
Local assessors in Lebanon, PA have categorized 183 Race Street as a residential type of property. The home was built in 1943 and is 81 years old. The property's lot size has been calculated to be 6,970 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is also a partial bathroom. This is a 3 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 183 Race Street has a total of 1,330 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 finished improved basement that is 266 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. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. 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, 183 Race Street sold most recently in Jun 15, 2007 for a total of $86,700. If you work out the math, that's approximately a cost of $65.19 per sqft. 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 $2,687 in taxes each year. 183 Race Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $117,600. If we break it down further, the land itself was valued at $23,700. Improvements to the property, however, were assessed at a total of $93,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Rock and stone
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 266
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,330
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTROL #38010367

Ownership

  • Current Owner : BEARD JAMES R
  • Current Owner 2: BEARD JOYCE L
  • Previous Owner : WERNI LEONARD W
  • Previous Owner 2: WERNI GERALDINE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cornwall-Lebanon School District
  • School Tax School District: 2
  • Census Tract: 004200

Geography

  • Assessors Map Reference: MAP 019A
  • District: 12
  • Parcel: 12-2338644-349226-0000
  • Municipality: CORNWALL BOROUGH
  • Latitude: 40.2844
  • Longitude: -76.4232

    Address

  • Full Address: 183 Race St
  • Address - House Number: 183
  • Address - Street Name: Race
  • Address - Suffix Type: St
  • State: PA
  • City Name: Lebanon
  • Carrier Code: R009
  • 4-Digit Zip Code: 9043
  • Zip Code: 17042

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,687

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 228,508
  • High Value: 285,423
  • Low Value: 171,593

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $93,277
  • First Open Lien Mortgage Lender: MCS MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Aug 04, 2015
  • First Open Lien Mortgage Loan Amount: $86,487
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 08, 2020
  • Second Open Lien Mortgage Loan Amount: $6,790
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $120,738
  • Market Land Value: $24,332
  • Market Improvement Value: $96,406

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $117,600
  • Assessed Land Value: $23,700
  • Assessed Improvements Value: $93,900

    Sales

  • Current Sale Contract Date: Jun 15, 2007
  • Current Sale Recording Date: Jun 19, 2007
  • Current Sale Transaction ID: 1132465102
  • Current Sale Price: $86,700
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200711726

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 19, 2007
  • First Mortgage Loan Amount: $78,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2037

About Cornwall



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Frequently Asked Questions

What neighborhood is 183 Race Street located in?
The 183 Race Street is a located in the neighborhood of Cornwall in Cornwall, Lebanon.
What is the average sales price for listings in 183 Race Street?
The average sales price for units in 183 Race Street is $0 currently.

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