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1018 Patriots Way

1018 Patriots Way, Quakertown, PA 18951
Property in Richland
Sold Mar 23, 1998
$146,784
$183,500 by Option One Mortgage Corp
Mortgage Due Apr 01, 2036
Local assessors in Quakertown, PA have categorized 1018 Patriots Way as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 5,489 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 580 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1018 Patriots Way has a total of 1,856 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. 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, 1018 Patriots Way sold most recently in Mar 18, 1998 for a total of $146,784. If you work out the math, that's approximately a cost of $79.09 per sqft. 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 $1,044 in taxes each year. 1018 Patriots Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,400. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $24,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,489
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,856
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RICHLAND COURT PHASE 1
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 58X85IRR LOT 23 RICHLAND COURT PHASE 1 5,498SF

Ownership

  • Current Owner : BORBELY KENNETH J
  • Current Owner 2: BORBELY SHERRY L
  • Previous Owner : JUDD ASSOCIATES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Quakertown Community School District
  • School Tax School District: QUAKERTOWN SD
  • Census Tract: 106401

Zoning

  • Zoning: SRL

Geography

  • Assessors Map Reference: 36-025
  • District: 36
  • Parcel: 36-025-340
  • Block: 25
  • Lot: 23
  • Municipality: RICHLAND TOWNSHIP
  • Latitude: 40.4272
  • Longitude: -75.3409

    Address

  • Full Address: 1018 Patriots Way
  • Address - House Number: 1018
  • Address - Street Name: Patriots
  • Address - Suffix Type: Way
  • State: PA
  • City Name: Quakertown
  • Carrier Code: C025
  • 4-Digit Zip Code: 2785
  • Zip Code: 18951

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,044
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 423,531
  • High Value: 491,390
  • Low Value: 355,671

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $194,500
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 08, 2006
  • First Open Lien Mortgage Loan Amount: $183,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036
  • Second Open Lien Mortgage Lender: PENNSYLANIA HOUSING FINANCE AG
  • Second Open Lien Mortgage Recording Date: Apr 29, 2008
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $11,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $302,127
  • Market Land Value: $42,553
  • Market Improvement Value: $259,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,400
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $24,400

    Sales

  • Current Sale Contract Date: Mar 18, 1998
  • Current Sale Recording Date: Mar 23, 1998
  • Current Sale Transaction ID: 11453334659
  • Current Sale Price: $146,784
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 024425

About Bucks



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Frequently Asked Questions

What neighborhood is 1018 Patriots Way located in?
The 1018 Patriots Way is a located in the neighborhood of Richland in Bucks, Quakertown.
What is the average sales price for listings in 1018 Patriots Way?
The average sales price for units in 1018 Patriots Way is $0 currently.

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