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1556 Springmeadow Lane

1556 Springmeadow Lane, Garnet Valley, PA 19060
Property in Bethel
Sold Jan 04, 2005
$495,000
$227,000 by Trident Mtg Company Lp
Mortgage Due Mar 01, 2031
Sold Feb 28, 2001
$287,400
$227,000 by Trident Mtg Company Lp
Mortgage Due Mar 01, 2031
1556 Springmeadow Lane in Garnet Valley, PA was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1556 Springmeadow Lane has 2,657 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. The linear feet across the front of the lot is 1,670 ft and the linear feet between the front and back of the lot is 6,500. In total, the area measurement of the land is 453,024 square feet.

Learn more about the property and building on this page. 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. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1556 Springmeadow Lane sold most recently in Dec 20, 2004 for a total of $495,000. If you work out the math, that's approximately a cost of $186.30 per sqft. Before that, the property was also sold for $287,400 in Feb 26, 2000. 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 $11,928 in taxes each year. 1556 Springmeadow Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $485,000. If we break it down further, the land itself was valued at $205,000. Improvements to the property, however, were assessed at a total of $280,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 453,024
  • Lot Size Depth Feet: 6,500
  • Lot Size Frontage Feet: 1,670
  • Total Building Area: 2,657
  • Gross Building Area: 2,657
  • Building Area: 2,657
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,657
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIDDEN VLY 02
  • Land Acres: 10.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 STY HSE GAR 64 919 SF LOT 25

Ownership

  • Current Owner : XU XIAOLIANG
  • Current Owner 2: CAI KATHY
  • Previous Owner : LUBRANO ANTONIO
  • Previous Owner 2: LUBRANO LUCIA
  • Owner Before Previous Owner: CHETTY BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Garnet Valley School District
  • School Tax School District: GARNET VALLEY
  • Census Tract: 410402

Geography

  • Assessors Map Reference: 03-16
  • Account Number: 0316083009
  • District: 03
  • Parcel: 03-00-00509-62
  • Block: 31
  • Lot: 25
  • Municipality: BETHEL TOWNSHIP
  • Latitude: 39.8424
  • Longitude: -75.4846

    Address

  • Full Address: 1556 Springmeadow Ln
  • Address - House Number: 1556
  • Address - Street Name: Springmeadow
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Garnet Valley
  • Carrier Code: C027
  • 4-Digit Zip Code: 1923
  • Zip Code: 19060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,928
  • Tax Rate Code Area: 03

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 729,769
  • High Value: 862,849
  • Low Value: 596,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,000
  • First Open Lien Mortgage Lender: TRIDENT MTG COMPANY LP
  • First Open Lien Mortgage Recording Date: Feb 28, 2001
  • First Open Lien Mortgage Loan Amount: $227,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2031

    Market Valuation

  • Market Total Value: $485,000
  • Market Land Value: $205,000
  • Market Improvement Value: $280,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,000
  • Assessed Land Value: $205,000
  • Assessed Improvements Value: $280,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2004
  • Current Sale Recording Date: Jan 04, 2005
  • Current Sale Transaction ID: 1145564910
  • Current Sale Price: $495,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005000452
  • Previous Sale Recording Date: Feb 28, 2001
  • Previous Sale Contract Date: Feb 26, 2000
  • Previous Sale Amount: $287,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 04, 2005
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jan 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MTG COMPANY LP
  • Previous Mortgage Transaction Date: Feb 28, 2001
  • Previous Mortgage Loan Amount: $227,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2031

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Frequently Asked Questions

What neighborhood is 1556 Springmeadow Lane located in?
The 1556 Springmeadow Lane is a located in the neighborhood of Bethel in Delaware, Garnet Valley.
What is the average sales price for listings in 1556 Springmeadow Lane?
The average sales price for units in 1556 Springmeadow Lane is $0 currently.

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