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1503 North Gravel Pike

1503 North Gravel Pike, Perkiomenville, PA 18074
Property in Lower Frederick
Sold Jul 09, 2007
$315,000
$300,000 by Mortgage America Inc
Mortgage Due Feb 01, 2052
Local assessors in Perkiomenville, PA have categorized 1503 North Gravel Pike as a residential type of property. The home was built in 1830 and is 194 years old. The property's lot size has been calculated to be 302,306 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 2 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 1503 North Gravel Pike has a total of 3,182 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 masonry control joints. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1503 North Gravel Pike sold most recently in Jun 29, 2007 for a total of $315,000. If you work out the math, that's approximately a cost of $98.99 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 $7,239 in taxes each year. 1503 North Gravel Pike was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $163,110. If we break it down further, the land itself was valued at $68,680. Improvements to the property, however, were assessed at a total of $94,430. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 302,306
  • Lot Size Frontage Feet: 1,820
  • Total Building Area: 3,182
  • Gross Building Area: 3,182
  • Building Area: 3,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,182
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 6.94
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 4-5

Ownership

  • Current Owner : RICH STEPHEN D
  • Current Owner 2: RICH AMBER R
  • Previous Owner : TRIEGEL ELLY K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Perkiomen Valley School District
  • School Tax School District: PERKIOMEN VALY
  • Census Tract: 208500

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 38-004
  • District: 38
  • Parcel: 38-00-00487-00-6
  • Block: 4
  • Lot: 5
  • Municipality: LOWER FREDERICK TOWNSHIP
  • Latitude: 40.3053
  • Longitude: -75.4802

    Address

  • Full Address: 1503 N Gravel Pike
  • Address - House Number: 1503
  • Street Direction: N
  • Address - Street Name: Gravel
  • Address - Suffix Type: Pike
  • State: PA
  • City Name: Perkiomenville
  • Carrier Code: R002
  • 4-Digit Zip Code: 9717
  • Zip Code: 18074

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,239
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 470,725
  • High Value: 550,959
  • Low Value: 390,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MORTGAGE AMERICA INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $163,110
  • Market Land Value: $68,680
  • Market Improvement Value: $94,430

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $163,110
  • Assessed Land Value: $68,680
  • Assessed Improvements Value: $94,430

    Sales

  • Current Sale Contract Date: Jun 29, 2007
  • Current Sale Recording Date: Jul 09, 2007
  • Current Sale Transaction ID: 1130101498
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2007081524

    Last Sale Mortgage

  • First Mortgage Lender: HARLEYSVILLE SAVINGS BANK
  • First Mortgage Transaction Date: Jul 09, 2007
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360

About Montgomery



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Frequently Asked Questions

What neighborhood is 1503 North Gravel Pike located in?
The 1503 North Gravel Pike is a located in the neighborhood of Lower Frederick in Montgomery, Perkiomenville.
What is the average sales price for listings in 1503 North Gravel Pike?
The average sales price for units in 1503 North Gravel Pike is $0 currently.

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