NOT LISTED FOR SALE

120 Homestead Dr Lebanon, PA 17042

Estimated Value: $562,000 - $625,000

4 Beds
2.5 Baths
2,480 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $395,000 $159 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,797/month

38 Days on Market

Highlights

  • 4.45 Acre Lot
  • Two Story Ceilings
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • Sun or Florida Room

About This Home

As of February 2021

Like new home built in 2014 that has so much to offer! Located on a private cul-de-sac, this home offers tons of space inside and out to spread out. Hardwood floors carry through the grand, two-story foyer into the custom kitchen which features an island, granite countertops, tile backsplash and lovely view through the sunroom. Off the kitchen you will find the formal dining room with crown molding and a front office area/study with tons of natural light. Relax in front of the gas fireplace in the family room located just off the kitchen and sunroom. The main level also includes a half bathroom and laundry room with additional cabinetry. Upstairs you will find the master bedroom suite with walk-in closet, gentleman's closet, and full bath featuring a double bowl vanity and step-in shower. Also upstairs you will find 3 additional bedrooms and the main bathroom with tub/shower combo. The basement is unfinished with 9 foot high ceilings, walk-out doors, a poured concrete foundation, and a rough in for a future bathroom, a blank canvas for your custom entertaining space! Enjoy the peace of the outdoors on 4.45 acres with beautiful outside entertaining area with spacious, composite deck and fire pit. Gorgeous farm views with a killer yard which would be perfect for a pool! This home is a unique property with the best of both worlds- located in a neighborhood but lots of privacy and space to spread out! This home has so much to offer, you simply must put it on your to see list!

Last Agent to Sell the Property

Amanda Krall

Iron Valley Real Estate License #RS329101 Listed on: 12/01/2020

Iron Valley Real Estate

Last Buyer's Agent

The Marian Rutt Team

RE/MAX Evolved

RE/MAX Evolved

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,048

Year Built

  • Built in 2014

Lot Details

  • 4.45 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Vinyl Siding
  • Passive Radon Mitigation

Interior Spaces

  • 2,480 Sq Ft Home
  • Property has 2 Levels
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Berks Homes
  • Meadows @ Southfield Subdivision, Franklin B Floorplan

Listing and Financial Details

  • Assessor Parcel Number 30-2350467-362685-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,048

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: electric range, refrigerator, washer, dryer, dishwasher, and microwave
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: Like new home built in 2014 that has so much to offer! Located on a private cul-de-sac, this home offers tons of space inside and out to spread out. Hardwood floors carry through the grand, two-story foyer into the custom kitchen which features an island, granite countertops, tile backsplash and lovely view through the sunroom. Off the kitchen you will find the formal dining room with crown molding and a front office area/study with tons of natural light. Relax in front of the gas fireplace in the family room located just off the kitchen and sunroom. The main level also includes a half bathroom and laundry room with additional cabinetry. Upstairs you will find the master bedroom suite with walk-in closet, gentleman's closet, and full bath featuring a double bowl vanity and step-in shower. Also upstairs you will find 3 additional bedrooms and the main bathroom with tub/shower combo. The basement is unfinished with 9 foot high ceilings, walk-out doors, a poured concrete foundation, and a rough in for a future bathroom, a blank canvas for your custom entertaining space! Enjoy the peace of the outdoors on 4.45 acres with beautiful outside entertaining area with spacious, composite deck and fire pit. Gorgeous farm views with a killer yard which would be perfect for a pool! This home is a unique property with the best of both worlds- located in a neighborhood but lots of privacy and space to spread out! This home has so much to offer, you simply must put it on your to see list!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Kitchen - Island, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Double Pane, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall
  • Foundation Details: Passive Radon Mitigation
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Laundry, Office, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete, Walkout Level, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 161.29
  • Above Grade Finished Sq Ft: 2480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 120

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Street Lights
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CORNWALL-LEBANON
  • School District Key: 300200397385
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 178200.00
  • Land Assessed Value: 108800.00
  • Land Use Code: 101
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 4.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 193842.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Berks Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10349656
  • School Tax Pymnt Freq: Annually
  • Assessor Parcel Number: 30-2350467-362685-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/12/2021

MLS Schools

  • School District Name: CORNWALL-LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 4, 2021
Sold by
Schaeffer John H and Schaeffer Cheryl L
Bought by
Marchant Luke A and Marchant Marsha A
Seller's Agent
Amanda Krall
Iron Valley Real Estate
Buyer's Agent
The Marian Rutt Team
RE/MAX Evolved
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Current Estimated Value
$589,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,207
Avg. Annual Appreciation
8.66%
Original Mortgage
$275,000
Outstanding Balance
$209,022
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$365,970

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 26, 2018
Sold by
Hartman Stuart J and Meggison Katlyn
Bought by
Schaeffer John H and Schaeffer Cheryl L
Seller's Agent
Debbie Glover
Keller Williams Realty
Buyer's Agent
Leah Stoltz
Berkshire Hathaway Homesale Realty
List Price
$369,900
Sold Price
$345,000
Premium/Discount to List
-$24,900
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$345,000
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marchant Luke A $395,000 Regal Abstract Lp
Schaeffer John H $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchant Luke A $275,000
Previous Owner Schaeffer John H $345,000
Previous Owner Schaeffer John H $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $395,000 -1.3% $159 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $400,000 -3.6% $161 / Sq Ft
12/01/2020 12/01/20 For Sale $415,000 +20.3% $167 / Sq Ft
08/03/2018 08/03/18 Sold $345,000 0.0% $139 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $344,900 -1.4% $139 / Sq Ft
05/08/2018 05/08/18 Price Changed $349,900 -2.8% $141 / Sq Ft
04/30/2018 04/30/18 Price Changed $359,900 -2.7% $145 / Sq Ft
03/28/2018 03/28/18 For Sale $369,900 +19.7% $149 / Sq Ft
08/22/2014 08/22/14 Sold $308,928 +3.2% $128 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $299,480 -- $124 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,048 $287,000 $108,800 $178,200
2024 $6,424 $287,000 $108,800 $178,200
2023 $6,424 $287,000 $108,800 $178,200
2022 $6,246 $287,000 $108,800 $178,200
2021 $5,944 $287,000 $108,800 $178,200
2020 $5,899 $287,000 $108,800 $178,200
2019 $5,693 $287,000 $108,800 $178,200
2018 $5,569 $287,000 $108,800 $178,200
2017 $1,384 $287,000 $108,800 $178,200
2016 $5,445 $287,000 $108,800 $178,200
2015 -- $287,000 $108,800 $178,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN117070

Bright MLS

APN: 30-2350467-362685-0000