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1248 Newark Road

1248 Newark Road, Toughkenamon, PA 19374
Property in New Garden
1248 Newark Road in Toughkenamon, PA was first built in 1925 and is 99 years old. This has been categorized as a agricultural property type. The basement is 2,500 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 566,280 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 2,500 sqft. There are a total of 9 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 1248 Newark Road sold most recently in Jan 4, 2007 for a total of $900,000. If you work out the math, that's approximately a cost of $31.95 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 $10,098 in taxes each year. 1248 Newark Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $260,880. If we break it down further, the land itself was valued at $87,590. Improvements to the property, however, were assessed at a total of $173,290. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Bedroom Count: 0
  • Basement Type: Finished improved basement
  • Basement Area: 2,500
  • Garage Type: Detached
  • Garage Square Area: 2,500
  • Parking Space Count: 9

    Dimensions

  • Lot Size Square Feet: 566,280
  • Total Building Area: 28,165
  • Gross Building Area: 25,456
  • Building Area: 28,165
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Agricultural
  • Land Acres: 13
  • Standard Land Use Code: Farm land
  • Legal Description 1: 13 AC DWG GAR & OUTBLDGS

Ownership

  • Current Owner : BELTRAN JOSE DANIEL
  • Current Owner 2: BELTRAN MARIA C
  • Previous Owner : DIBARTOLOMEO FAMILY LP

Neighborhood

  • School District Name: Kennett Consolidated School District
  • School Tax School District: KENNETT SQUARE
  • Census Tract: 306503

Zoning

  • Zoning: BP

Geography

  • District: 60
  • Parcel: 6001 00660000
  • Municipality: NEW GARDEN
  • Latitude: 39.8359
  • Longitude: -75.759

    Address

  • Full Address: 1248 Newark Rd
  • Address - House Number: 1248
  • Address - Street Name: Newark
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Toughkenamon
  • Carrier Code: H001
  • 4-Digit Zip Code: 1033
  • Zip Code: 19374

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,098
  • Tax Rate Code Area: 60

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $865,000
  • First Open Lien Mortgage Lender: MIDCOAST FINANCE LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2007
  • First Open Lien Mortgage Loan Amount: $765,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: MIDCOAST COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Feb 06, 2009
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $350,290
  • Market Land Value: $87,590
  • Market Improvement Value: $262,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $260,880
  • Assessed Land Value: $87,590
  • Assessed Improvements Value: $173,290

    Sales

  • Current Sale Contract Date: Jan 04, 2007
  • Current Sale Recording Date: Jan 11, 2007
  • Current Sale Transaction ID: 1129571885
  • Current Sale Price: $900,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10720215

    Last Sale Mortgage

  • First Mortgage Lender: MIDCOAST FINANCE LLC
  • First Mortgage Transaction Date: Jan 11, 2007
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Toughkenamon



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Frequently Asked Questions

What neighborhood is 1248 Newark Road located in?
The 1248 Newark Road is a located in the neighborhood of New Garden in Toughkenamon, Toughkenamon.
What is the average sales price for listings in 1248 Newark Road?
The average sales price for units in 1248 Newark Road is $0 currently.

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