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1515 Garnet Mine Road

1515 Garnet Mine Road, Garnet Valley, PA 19060
Property in Bethel
1515 Garnet Mine Road in Garnet Valley, PA was first built in 1974 and is 50 years old. This has been categorized as a office property type. It is a single story home. 1515 Garnet Mine Road has 175,804 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1515 Garnet Mine Road was last sold in Nov 18, 2021 for $13,000,000. According to our calculations, that's $73.95 per sqft. Prior to that sales transaction, the property was sold for $8,850,000 in Jan 29, 2020. Current property owners are expected to pay $182,887 in taxes per year. The property on 1515 Garnet Mine Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $7,990,760. While improvements to the property were assessed at a total of $7,990,760. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 175,804
  • Gross Building Area: 175,804
  • Building Area: 175,804
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 175,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Standard Land Use Code: Condominium offices
  • Legal Description 1: 1 STY BLDG BLDG F

Ownership

  • Current Owner : VV1515 LLC
  • Previous Owner : 1515 GARNET LLC
  • Owner Before Previous Owner: 1515 GARNET MINE VENTURES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Garnet Valley School District
  • Census Tract: 410401

Geography

  • Assessors Map Reference: 03-10
  • Account Number: 0310032000
  • District: 03
  • Parcel: 03-00-00296-70
  • Municipality: BETHEL TOWNSHIP
  • Latitude: 39.852
  • Longitude: -75.4727

    Address

  • Full Address: 1515 Garnet Mine Rd
  • Address - House Number: 1515
  • Address - Street Name: Garnet Mine
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Garnet Valley
  • Carrier Code: C018
  • 4-Digit Zip Code: 2000
  • Zip Code: 19060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,260,000
  • First Open Lien Mortgage Lender: PRIME FINANCE SHORT DURATION H
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $11,260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $7,990,760
  • Market Improvement Value: $7,990,760

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $7,990,760
  • Assessed Improvements Value: $7,990,760

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11875953475
  • Current Sale Price: $13,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021090262
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 29, 2020
  • Previous Sale Amount: $8,850,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME FINANCE SHORT DURATION H
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $11,260,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: THE DIME SAVINGS BANK WILLIAMS
  • Previous Mortgage Transaction Date: Feb 03, 2020
  • Previous Mortgage Loan Amount: $9,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Delaware



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1515 Garnet Mine Road located in?
The 1515 Garnet Mine Road is a located in the neighborhood of Bethel in Delaware, Garnet Valley.
What is the average sales price for listings in 1515 Garnet Mine Road?
The average sales price for units in 1515 Garnet Mine Road is $0 currently.

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