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404 Oak Hill Lane

404 Oak Hill Lane, Reading, PA 19610
Property in Spring Ridge
Sold Jun 30, 2020
$345,000
$100,000 by Success Mortgage Partners Inc
Mortgage Due Jul 01, 2035
Sold Jul 26, 2005
$290,000
$275,500 by Countrywide Bank Na
Mortgage
404 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 2001 and is 23 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, 404 Oak Hill Lane has 2,669 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. Residents will have the luxury of enjoying both a open porch and a patio. 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. 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, 404 Oak Hill Lane sold most recently in Jun 29, 2020 for a total of $345,000. If you work out the math, that's approximately a cost of $129.26 per sqft. Before that, the property was also sold for $290,000 in Jun 17, 2005. 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 $8,435 in taxes each year. 404 Oak Hill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $206,900. If we break it down further, the land itself was valued at $26,900. Improvements to the property, however, were assessed at a total of $180,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2001
  • Effective Year Built: 2001
  • 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
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 2,669
  • Gross Building Area: 2,669
  • Building Area: 2,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,669
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE/SPG RDG 02
  • Land Acres: 0.05
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : IOANNIDI DEBORAH SUSAN
  • Current Owner 2: IOANNIDI CONSTANTINE
  • Previous Owner : BROCK DAVID C
  • Previous Owner 2: BROCK JEANNE B
  • Owner Before Previous Owner: LEBENGOOD PETER R
  • Owner Before Previous Owner 2: LEBENGOOD ANN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 804397
  • Account Number: 80001124
  • District: 80
  • Parcel: 80-4397-09-05-3892
  • Block: 05
  • Lot: 28
  • Municipality: SPRING TOWNSHIP
  • Latitude: 40.3517
  • Longitude: -75.9901

    Address

  • Full Address: 404 Oak Hill Ln
  • Address - House Number: 404
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Reading
  • Carrier Code: C046
  • 4-Digit Zip Code: 3209
  • Zip Code: 19610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,435
  • Tax Rate Code Area: 80

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 72
  • Final Value: 435,202
  • High Value: 523,357
  • Low Value: 347,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • 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: Jul 01, 2035

    Market Valuation

  • Market Total Value: $206,900
  • Market Land Value: $26,900
  • Market Improvement Value: $180,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,900
  • Assessed Land Value: $26,900
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11772865352
  • Current Sale Price: $345,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020021357
  • Previous Sale Recording Date: Jul 26, 2005
  • Previous Sale Contract Date: Jun 17, 2005
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK NA
  • Previous Mortgage Transaction Date: Jul 26, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $275,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Spring Ridge



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Frequently Asked Questions

What neighborhood is 404 Oak Hill Lane located in?
The 404 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 404 Oak Hill Lane?
The average sales price for units in 404 Oak Hill Lane is $0 currently.

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