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1070 Magazine Road

1070 Magazine Road, Green Lane, PA 18054
Property in Marlborough
Sold Nov 09, 2022
$235,000
$223,250 by Pnc Bank Na
Mortgage Due Nov 01, 2052
Sold Aug 16, 2021
$220,000
$213,400 by Home Point Financial Corp
Mortgage
1070 Magazine Road has been categorized by the local assessors in Green Lane, PA as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1070 Magazine Road has 1,092 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 260 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 71,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a log cabin/rustic 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 no garage for those who require parking. The garage measured 480 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Oct 14, 2022 for $235,000. That's $215.20 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2021 for $220,000. 1070 Magazine Road was last assessed in 2024. The total value of the property was assessed at $115,880. Specifically, the land the property is located on was valued at $46,950. While improvements on the property were assessed at a total of $68,930. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,977. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Log cabin/Rustic
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 260
  • Garage Type: None
  • Garage Square Area: 480
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 71,600
  • Lot Size Frontage Feet: 1,630
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.644
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 39-72

Ownership

  • Current Owner : MCAULEY EVAN PATRICK
  • Previous Owner : GILLMORE SEAN
  • Owner Before Previous Owner: RITTER KEVIN PAUL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Upper Perkiomen School District
  • School Tax School District: UPR PERKIOMEN
  • Census Tract: 207600

Zoning

  • Zoning: MR

Geography

  • Assessors Map Reference: 45-039
  • District: 45
  • Parcel: 45-00-02953-00-8
  • Block: 39
  • Lot: 72
  • Municipality: MARLBOROUGH TOWNSHIP
  • Latitude: 40.3332
  • Longitude: -75.4517

    Address

  • Full Address: 1070 Magazine Rd
  • Address - House Number: 1070
  • Address - Street Name: Magazine
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Green Lane
  • Carrier Code: R003
  • 4-Digit Zip Code: 2232
  • Zip Code: 18054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,977
  • Tax Rate Code Area: 45

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 244,809
  • High Value: 265,753
  • Low Value: 223,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,250
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2022
  • First Open Lien Mortgage Loan Amount: $223,250
  • 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, 2052

    Market Valuation

  • Market Total Value: $115,880
  • Market Land Value: $46,950
  • Market Improvement Value: $68,930

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $115,880
  • Assessed Land Value: $46,950
  • Assessed Improvements Value: $68,930

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Transaction ID: 11899961127
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 102594
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Jun 11, 2021
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Nov 09, 2022
  • First Mortgage Loan Amount: $223,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORP
  • Previous Mortgage Transaction Date: Aug 16, 2021
  • Previous Mortgage Loan Amount: $213,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1070 Magazine Road located in?
The 1070 Magazine Road is a located in the neighborhood of Marlborough in Montgomery, Green Lane.
What is the average sales price for listings in 1070 Magazine Road?
The average sales price for units in 1070 Magazine Road is $0 currently.

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