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1002 Lincoln Avenue

1002 Lincoln Avenue, Springfield, PA 19064
Property in Springfield
Sold Nov 04, 2021
$575,000
$517,500 by Pentagon Fcu
Mortgage Due Nov 01, 2051
Sold Jun 15, 1988
$199,900
1002 Lincoln Avenue has been categorized by the local assessors in Springfield, PA as a residential type of property. The building on the property was first built in 1988 and is 36 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. The building has a total of 2 stories. In addition, 1002 Lincoln Avenue has 2,942 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 4,490 ft and across the front of the lot is 960 ft. The area measurement of the land has been determined as 41,774 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1002 Lincoln Avenue sold most recently in Oct 20, 2021 for a total of $575,000. If you work out the math, that's approximately a cost of $195.45 per sqft. Before that, the property was also sold for $199,900 in Jun 15, 1988. 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 $9,326 in taxes each year. 1002 Lincoln Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $454,120. If we break it down further, the land itself was valued at $157,450. Improvements to the property, however, were assessed at a total of $296,670. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 41,774
  • Lot Size Depth Feet: 4,490
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,942
  • Gross Building Area: 2,942
  • Building Area: 2,942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,942
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHARLES PARRY KRAATZ
  • Land Acres: 0.959
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 STY HSE ADD 2C GAR 96 X 449 LOT 1

Ownership

  • Current Owner : TEMESGEN BINIAM
  • Current Owner 2: DEBESAI ADIAM
  • Previous Owner : GORDON GARY L
  • Previous Owner 2: GORDON FRANCES M
  • Owner Before Previous Owner: CUCINOTTA JAMES J
  • Owner Before Previous Owner 2: CUCINOTTA EVELYN V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 407806

Geography

  • Assessors Map Reference: 42-26
  • Account Number: 4226005000
  • District: 42
  • Parcel: 42-00-03419-01
  • Lot: 1
  • Municipality: SPRINGFIELD TOWNSHIP
  • Latitude: 39.911
  • Longitude: -75.3396

    Address

  • Full Address: 1002 Lincoln Ave
  • Address - House Number: 1002
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Springfield
  • Carrier Code: C028
  • 4-Digit Zip Code: 3923
  • Zip Code: 19064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,326

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 722,204
  • High Value: 885,342
  • Low Value: 559,067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,500
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $517,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $454,120
  • Market Land Value: $157,450
  • Market Improvement Value: $296,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $454,120
  • Assessed Land Value: $157,450
  • Assessed Improvements Value: $296,670

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11869218819
  • Current Sale Price: $575,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021083956
  • Previous Sale Recording Date: Jun 15, 1988
  • Previous Sale Contract Date: Jun 15, 1988
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENTAGON FCU
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $517,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Delaware



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Frequently Asked Questions

What neighborhood is 1002 Lincoln Avenue located in?
The 1002 Lincoln Avenue is a located in the neighborhood of Springfield in Delaware, Springfield.
What is the average sales price for listings in 1002 Lincoln Avenue?
The average sales price for units in 1002 Lincoln Avenue is $0 currently.

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