Check Availability

203 Forest Park Drive

203 Forest Park Drive, Chalfont, PA 18914
Property in New Britain
Sold Aug 02, 2007
$339,900
$250,000 by Greenlight Financial Services
Mortgage Due Jun 01, 2043
Sold Feb 21, 2001
$202,000
$161,600 by Homeside Lending Inc
Mortgage Due Dec 01, 2030
Local assessors in Chalfont, PA have categorized 203 Forest Park Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 8,494 square feet. The linear feet between the front and back of the lot was measured at 1,890 ft and the front of the lot was measured at 870 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 3 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 203 Forest Park Drive has a total of 1,688 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 frame control joints. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. 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, 203 Forest Park Drive sold most recently in Jun 29, 2007 for a total of $339,900. If you work out the math, that's approximately a cost of $201.36 per sqft. Before that, the property was also sold for $202,000 in Nov 29, 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 $5,356 in taxes each year. 203 Forest Park Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,920. If we break it down further, the land itself was valued at $4,320. Improvements to the property, however, were assessed at a total of $27,600. 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.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,494
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,688
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOREST PARK
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LOT 49/49A FOREST PARK WE ST 87X189IRR 8,510SF

Ownership

  • Current Owner : LEE GREGORY H
  • Current Owner 2: KIM YUN JEONG
  • Previous Owner : DEFEO JEROME
  • Previous Owner 2: DEFEO JUDITH A
  • Owner Before Previous Owner: SCHMIDT JOHN M
  • Owner Before Previous Owner 2: SCHMIDT MARIANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Bucks School District
  • School Tax School District: CENTRAL BUCKS S
  • Census Tract: 102002

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: 26-028
  • District: 26
  • Parcel: 26-028-127
  • Block: 28
  • Lot: 49
  • Municipality: NEW BRITAIN TOWNSHIP
  • Latitude: 40.2943
  • Longitude: -75.2034

    Address

  • Full Address: 203 Forest Park Dr
  • Address - House Number: 203
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Chalfont
  • Carrier Code: C005
  • 4-Digit Zip Code: 2139
  • Zip Code: 18914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,356
  • Tax Rate Code Area: 26

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 505,088
  • High Value: 585,218
  • Low Value: 424,959

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: GREENLIGHT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 22, 2013
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $339,574
  • Market Land Value: $45,957
  • Market Improvement Value: $293,617

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,920
  • Assessed Land Value: $4,320
  • Assessed Improvements Value: $27,600

    Sales

  • Current Sale Contract Date: Jun 29, 2007
  • Current Sale Recording Date: Aug 02, 2007
  • Current Sale Transaction ID: 1126684665
  • Current Sale Price: $339,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2007071855
  • Previous Sale Recording Date: Feb 21, 2001
  • Previous Sale Contract Date: Nov 29, 2000
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Aug 02, 2007
  • First Mortgage Loan Amount: $271,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMESIDE LENDING INC
  • Previous Mortgage Transaction Date: Feb 21, 2001
  • Previous Mortgage Loan Amount: $161,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2030

About Bucks



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 68 Unami Trail, CHALFONT, PA, 18914

$2,700 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,606 ft²
68 Unami Trail, CHALFONT, PA, 18914 Listing by Hala Mahran

Frequently Asked Questions

What neighborhood is 203 Forest Park Drive located in?
The 203 Forest Park Drive is a located in the neighborhood of New Britain in Bucks, Chalfont.
What is the average sales price for listings in 203 Forest Park Drive?
The average sales price for units in 203 Forest Park Drive is $0 currently.

Quantcast