Investment Potential for 118 Lori Ln

The property has a current estimated value of $405,531, which is 33% above the zip median, based on public records. It last sold on May 02, 2016 for $260K. Projected long-term

is $28,800 annually ($2,400 per month) with a 96% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$260,000

Sold May 02, 2016

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$406K

($383K - $433K)

33% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 19539.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$28,800 per year($2,400 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

96%in 19539 zip code

View Rental Potential

Owners & Occupancy for 118 Lori Ln

This property is owned by Bradley J Sechler. Owner contact information includes 9 phone numbers and 7 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$145,531

Purchased May 02, 2016

Number of Owners

2

Property Owners

Bradley J Sechler, age **

Cell Phone	(484) *-**View Cell Phone
Residence	*************
Landline	(610) 435-6511
Distance from Property	**********
Email Address	*******@yahoo.comView Email

Property Ownership Information

Purchase Date	May 02, 2016
Property Tax Amount	$8,260 in 2024
Purchase Price	$260,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	***************** age 41
Resident 2	************** age 39

Property Details for 118 Lori Ln

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

34 years

16 years newer than zip median

Property Details

Property Sq Ft

Living Area

1,990 sq ft

26% above market

Lot Size

45,738 sq ft

3% above market

Price Per Sq Ft

Living Area

$204 / sq ft

2% above market

Lot Size Area

$9 / sq ft

2% below market

Property Information

Property condition, age, exterior, etc. for 118 Lori L…

Land & Location Information

Longitude: -75.684064 Latitude: 40.516482 Parcel Number (APN): 59-5473-01-47-2625…

Mortgage & Equity Information

Mortgage originated on through lender: Nations Direct Mtg Llc for$******View Mortgage Details

Recommended Properties in 19539

Discover more single family homes near 118 Lori Ln in Mertztown, Pennsylvania. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owner Age 45 - 55
$222K - $238K
Est. Value
25 Barclay St, Mertztown, PA 19539
3 beds · 1 baths · 1,056 sq ft · Last Sold: $50,000 in 2000 · Built: 1920
Valued below Market Median
$210K - $231K
Est. Value
936 Valley Rd, Mertztown, PA 19539
3 beds · 1 baths · 1,344 sq ft · Last Sold: $235,000 in 2019 · Built: 1960
Owner Age 65 - 75
$433K - $470K
Est. Value
20 Clearview Dr, Mertztown, PA 19539
4 beds · 2 baths · 1,870 sq ft · Built: 1989
Valued above Market Median
$433K - $475K
Est. Value
432 Old Topton Rd, Mertztown, PA 19539
3 beds · 2 baths · 1,868 sq ft · Last Sold: $416,000 in 2024 · Built: 1988
Valued above Market Median
$250K - $271K
Est. Value
11 Lumber St, Mertztown, PA 19539
2 beds · 1 baths · 1,000 sq ft · Last Sold: $175,000 in 2024 · Built: 1900
Good value per sqft
$174K - $192K
Est. Value
12 Mabry St, Mertztown, PA 19539
2 beds · 1 baths · 1,336 sq ft · Last Sold: $90,000 in 2018 · Built: 1930
Owner Age Above 75
$316K - $344K
Est. Value
217 Mine St, Mertztown, PA 19539
3 beds · 2 baths · 1,712 sq ft · Built: 1987
Owner Age 45 - 55
$305K - $334K
Est. Value
205 Mine St, Mertztown, PA 19539
3 beds · 1 baths · 1,712 sq ft · Built: 1984
Owner Age 55 - 65
$473K - $518K
Est. Value
7 Berry Cir, Mertztown, PA 19539
4 beds · 2 baths · 2,312 sq ft · Built: 1997
Owner Age 55 - 65
$266K - $293K
Est. Value
129 Lori Ln, Mertztown, PA 19539
3 beds · 2 baths · 1,461 sq ft · Last Sold: $220,900 in 2012 · Built: 1992
Owned for 5 - 10 Years
$305K - $333K
Est. Value
401 Old Topton Rd, Mertztown, PA 19539
3 beds · 1 baths · 1,575 sq ft · Last Sold: $87,000 in 2015 · Built: 1940
Owned for Less Than 5 Years
$249K - $268K
Est. Value
445 Freehall St, Mertztown, PA 19539
3 beds · 1 baths · 1,584 sq ft · Last Sold: $249,900 in 2020 · Built: 1947
Owner Age 35 - 45
$329K - $359K
Est. Value
127 Lori Ln, Mertztown, PA 19539
3 beds · 1 baths · 1,788 sq ft · Last Sold: $224,900 in 2014 · Built: 1991
Valued below Market Median
$220K - $244K
Est. Value
1406 State St, Mertztown, PA 19539
3 beds · 1 baths · 1,152 sq ft · Last Sold: $185,000 in 2019 · Built: 1931
Owner Age 55 - 65
$292K - $320K
Est. Value
37 Haas Rd, Mertztown, PA 19539
3 beds · 1 baths · 1,620 sq ft · Last Sold: $235,000 in 2008 · Built: 1987
Owned for 5 - 10 Years
$331K - $363K
Est. Value
122 Lori Ln, Mertztown, PA 19539
3 beds · 1 baths · 1,788 sq ft · Last Sold: $265,000 in 2019 · Built: 1991
High Demand Long-Term Rental
$122K - $141K
Est. Value
739 State St, Mertztown, PA 19539
3 beds · 1 baths · 1,100 sq ft · Last Sold: $207,000 in 2021 · Built: 1969
Owned for 5 - 10 Years
$442K - $483K
Est. Value
331 Linden Rd, Mertztown, PA 19539
3 beds · 2 baths · 1,924 sq ft · Last Sold: $243,900 in 2017 · Built: 1978
Large Lot Advantage
$391K - $440K
Est. Value
73 Hertzog School Rd, Mertztown, PA 19539
3 beds · 1 baths · 1,872 sq ft · Last Sold: $125,000 in 2022 · Built: 1985
Valued below Market Median
$131K - $151K
Est. Value
7 Jefferson St, Mertztown, PA 19539
980 sq ft · Last Sold: $100,000 in 2022 · Built: 1978

Market Benchmarks

Compare data for 118 Lori Ln in Berks County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$405,531

$306,016

$99,515 (33%)

$246,893

$158,638 (64%)

$******

$********

$****** (****%)

$410,321

$169,164 (41%)

YoY Price Change

—

Year Built

1991

1975

16 years

1957

34 years

Living Space

1,990 sq ft

1,584 sq ft

406 (26%)

1,451 sq ft

539 (37%)

$ Per Living Sq Ft

$204

$199

$5 (2%)

$169

$35 (20%)

Lot Size

45,738 sq ft

44,431 sq ft

1307 (3%)

8,712 sq ft

37026 (425%)

$ Per Lot Sq Ft

$9

$0 (-2%)

$39

-$30 (-77%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$16,938

-$3,198 (-19%)

Annual Revenue

$28,800

$26,400

$2,400 (9%)

$25,800

$3,000 (12%)

$*****

$****

$**** (****%)

$8,369

$6,691 (80%)

Net Operating Income

$*****

$***** (****%)

$16,938

-$3,198 (-19%)

Cap Rate

****%

—

6.72%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2.5
Year Built	1991
Building Sq Ft	1,990 sq ft
Lot Size	1 Acres
Living Space	1,990 sq ft
Heating / Fuel	Heat Pump
Air Conditioning	Central A/C
Garage	Garage
Fireplace	Yes
Sewer	Septic

APN	59-5473-01-47-2625
Census Tract	0142021016
Municipality	Longswamp Twp
County	Berks
Subdivision	Fox Mdws Sub
Neighborhood	19539
Longitude / Latitude	-75.684064 / 40.516482
Lot Size	45,738 sq ft

Loan Amount	$******
Lender	Nations Direct Mtg Llc
Origination Date	December 04, 2020
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	****************
Equity	View Equity

Cell Phone	(610) *-**View Cell Phone
Residence	*************
Landline	(610) 435-6511
Distance from Property	**********
Email Address	**********@yahoo.comView Email

118 Lori Ln Mertztown, PA 19539

property value

$405,531

market valuation

$306,016

market valuation

$306,016

investment intelligence

Investment Potential for 118 Lori Ln

rental income

property appreciation

Last Sale Amount

$260,000

property value

$406K

($383K - $433K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 118 Lori Ln

Occupancy

Appreciation Since Purchased

$145,531

Number of Owners

2

Property Owners

Bradley J Sechler, age **

Merissa C Ryan, age **

Property Ownership Information

Occupancy

Property Details for 118 Lori Ln

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

34 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 19539

$222K - $238K

Est. Value

25 Barclay St, Mertztown, PA 19539

3 beds · 1 baths · 1,056 sq ft · Last Sold: $50,000 in 2000 · Built: 1920

$210K - $231K

Est. Value

936 Valley Rd, Mertztown, PA 19539

3 beds · 1 baths · 1,344 sq ft · Last Sold: $235,000 in 2019 · Built: 1960

$433K - $470K

Est. Value

20 Clearview Dr, Mertztown, PA 19539

4 beds · 2 baths · 1,870 sq ft · Built: 1989

$433K - $475K

Est. Value

432 Old Topton Rd, Mertztown, PA 19539

3 beds · 2 baths · 1,868 sq ft · Last Sold: $416,000 in 2024 · Built: 1988

$250K - $271K

Est. Value

11 Lumber St, Mertztown, PA 19539

2 beds · 1 baths · 1,000 sq ft · Last Sold: $175,000 in 2024 · Built: 1900

$174K - $192K

Est. Value

12 Mabry St, Mertztown, PA 19539

2 beds · 1 baths · 1,336 sq ft · Last Sold: $90,000 in 2018 · Built: 1930

$316K - $344K

Est. Value

217 Mine St, Mertztown, PA 19539

3 beds · 2 baths · 1,712 sq ft · Built: 1987

$305K - $334K

Est. Value

205 Mine St, Mertztown, PA 19539

3 beds · 1 baths · 1,712 sq ft · Built: 1984

$473K - $518K