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316 Oak Hill Lane

316 Oak Hill Lane, Reading, PA 19610
Property in Spring Ridge
Sold Feb 26, 2015
$244,900
$100,000 by Fulton Bank Na
Mortgage Due Mar 01, 2030
Sold Jun 12, 2002
$192,900
316 Oak Hill Lane has been categorized by the local assessors in Reading, PA as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 316 Oak Hill Lane has 2,542 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 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. For the features and amenities located on the property. There is a attached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as unknown. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal 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. The property was last sold in Feb 25, 2015 for $244,900. That's $96.34 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2002 for $192,900. 316 Oak Hill Lane was last assessed in 2023. The total value of the property was assessed at $188,900. Specifically, the land the property is located on was valued at $26,600. While improvements on the property were assessed at a total of $162,300. 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 $7,701. 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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 2,542
  • Gross Building Area: 2,542
  • Building Area: 2,542
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,542
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPRING RDG II
  • Land Acres: 0.05
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : CRAZE JOHN R
  • Current Owner 2: MASDAR CHANDRA P
  • Previous Owner : SMITH WILLARD F
  • Previous Owner 2: SMITH RUTH STRATTON
  • Owner Before Previous Owner: THE VILLAGES OF SPRING RIDGE II INC

Neighborhood

  • School District Name: Wilson School District
  • School Tax School District: 17
  • Census Tract: 010903

Geography

  • Assessors Map Reference: 804397
  • Account Number: 80001328
  • District: 80
  • Parcel: 80-4397-09-05-2209
  • Block: 05
  • Lot: 47
  • Municipality: SPRING TOWNSHIP
  • Latitude: 40.3503
  • Longitude: -75.9908

    Address

  • Full Address: 316 Oak Hill Ln
  • Address - House Number: 316
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Reading
  • Carrier Code: C046
  • 4-Digit Zip Code: 3207
  • Zip Code: 19610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,701
  • Tax Rate Code Area: 80

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 72
  • Final Value: 390,583
  • High Value: 469,700
  • Low Value: 311,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Feb 26, 2015
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2030

    Market Valuation

  • Market Total Value: $188,900
  • Market Land Value: $26,600
  • Market Improvement Value: $162,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,900
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $162,300

    Sales

  • Current Sale Contract Date: Feb 25, 2015
  • Current Sale Recording Date: Feb 26, 2015
  • Current Sale Transaction ID: 1075924738
  • Current Sale Price: $244,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015006091
  • Previous Sale Recording Date: Jun 12, 2002
  • Previous Sale Contract Date: Jun 06, 2002
  • Previous Sale Amount: $192,900
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Feb 26, 2015
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2030

About Spring Ridge



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Frequently Asked Questions

What neighborhood is 316 Oak Hill Lane located in?
The 316 Oak Hill Lane is a located in the neighborhood of Spring Ridge in Spring Ridge, Reading.
What is the average sales price for listings in 316 Oak Hill Lane?
The average sales price for units in 316 Oak Hill Lane is $0 currently.

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