NOT LISTED FOR SALE

132 Magnetite Ln Lebanon, PA 17042

Estimated Value: $197,000 - $217,002

2 Beds
1.5 Baths
1,144 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $185,000 $162 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,413/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Enclosed patio or porch

About This Home

As of November 2023

Introducing this charming 2-bedroom, 1.5-bath home nestled in the heart of historic Cornwall. This home is well maintained and brimming with character and is a true gem waiting to be discovered. Inside, the hardwood floors, great layout, and updates create a warm and welcoming atmosphere. Nestled in a quiet location, you'll find yourself close to the Rails to Trails, offering opportunities for outdoor adventures and leisurely strolls. Cornwall Municipal Park is just a stone's throw away, providing a perfect spot for picnics and enjoying community events. Schedule a visit starting Tuesday Oct 3rd.

Last Agent to Sell the Property

Nichole Shultz

Iron Valley Real Estate Listed on: 10/02/2023

Iron Valley Real Estate

Last Buyer's Agent

Joni Fortna

Coldwell Banker Realty License #RS270407

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1869

Lot Details

  • 9,148

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,144 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Gravel Driveway

Outdoor Features

  • Enclosed patio or porch
  • Shed

Schools

  • Cedar Crest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 9,148 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Cornwall Borough Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-2345190-345989-0000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,522

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-03
  • Federal Flood Zone: No
  • Year Built: 1869
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Formal/Separate Dining Room, Wood Floors
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room, Bathroom 1, Half Bath
  • Basement: Yes
  • Laundry Type: Basement
  • Total Sq Ft: 1144
  • Living Area Sq Ft: 1144
  • Price Per Sq Ft: 161.71
  • Above Grade Finished Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 132

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Cement Siding
  • Roof: Shingle, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 101
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1844.00
  • Tax Annual Amount: 2522.00
  • Assessor Parcel Number: 12-2345190-345989-0000
  • Tax Total Finished Sq Ft: 1144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/13/2023

MLS Schools

  • School District Name: CORNWALL-LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 13, 2023
Sold by
Meckley Brant E
Bought by
Reedy Megan M
Seller's Agent
Nichole Shultz
Iron Valley Real Estate
Buyer's Agent
Joni Fortna
Coldwell Banker Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
64
Current Estimated Value
$215,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,965
Avg. Annual Appreciation
6.89%
Original Mortgage
$181,649
Outstanding Balance
$178,680
Interest Rate
7.31%
Mortgage Type
FHA
Estimated Equity
$29,071

Purchase Details

Listed on
Dec 5, 2019
Closed on
Mar 9, 2020
Sold by
Jenkins Michael S and Jenkins Abigale
Bought by
Meckley Brant E
Seller's Agent
Ashley Centini
Iron Valley Real Estate
Buyer's Agent
Julie Musser
BHHS Homesale Realty- Reading Berks
List Price
$136,900
Sold Price
$131,000
Premium/Discount to List
-$5,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$127,070
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2010
Sold by
Lingle William S and Lingle Susan A
Bought by
Jenkins Michael S and Fern Abigale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,352
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Boughter Gerald J and Boughter Rosemary
Bought by
Lingle William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Reedy Megan M $185,000 None Listed On Document
Meckley Brant E $131,000 Regal Abstract Lp
Jenkins Michael S $118,000 None Available
Lingle William S $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedy Megan M $181,649
Previous Owner Meckley Brant E $127,070
Previous Owner Jenkins Michael S $124,352
Previous Owner Lingle William S $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $185,000 0.0% $162 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/07/2023 10/07/23 Price Changed $185,000 -5.1% $162 / Sq Ft
10/02/2023 10/02/23 For Sale $195,000 +48.9% $170 / Sq Ft
03/09/2020 03/09/20 Sold $131,000 0.0% $115 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
01/01/2020 01/01/20 Price Changed $131,000 -4.3% $115 / Sq Ft
12/05/2019 12/05/19 For Sale $136,900 -- $120 / 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 $2,763 $110,400 $42,900 $67,500
2024 $2,523 $110,400 $42,900 $67,500
2023 $2,523 $110,400 $42,900 $67,500
2022 $2,454 $110,400 $42,900 $67,500
2021 $2,338 $110,400 $42,900 $67,500
2020 $2,321 $110,400 $42,900 $67,500
2019 $2,275 $110,400 $42,900 $67,500
2018 $2,235 $110,400 $42,900 $67,500
2017 $612 $110,400 $42,900 $67,500
2016 $2,196 $110,400 $42,900 $67,500
2015 -- $110,400 $42,900 $67,500
2014 -- $110,400 $42,900 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2011854

Bright MLS

APN: 12-2345190-345989-0000