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232 South Chancellor Street

232 South Chancellor Street, Newtown, PA 18940
Property in Newtown
Sold Nov 25, 2014
$840,000
$510,400 by Penn Community Bank
Mortgage Due Apr 01, 2030
Sold Oct 01, 1996
$300,000
232 South Chancellor Street has been categorized by the local assessors in Newtown, PA as a residential type of property. The building on the property was first built in 1885 and is 139 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 232 South Chancellor Street has 3,457 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 780 ft. The area measurement of the land has been determined as 11,979 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Victorian style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 232 South Chancellor Street sold most recently in Nov 21, 2014 for a total of $840,000. If you work out the math, that's approximately a cost of $242.99 per sqft. Before that, the property was also sold for $300,000 in Aug 28, 1996. 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 $8,307 in taxes each year. 232 South Chancellor Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,890. If we break it down further, the land itself was valued at $10,400. Improvements to the property, however, were assessed at a total of $36,490. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Condition

Level Lot

Building Style

Victorian
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Masonry
  • Building Style: Victorian
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 780
  • Total Building Area: 3,457
  • Building Area: 3,457
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,457
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.275
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Barndominium
  • Legal Description 1: WS OF CHANCELLOR ST 378 F T N OF STERLING ST 78X150

Ownership

  • Current Owner : RUBIN PITEL SHERYL
  • Current Owner 2: PITEL GRANT
  • Previous Owner : BALDERSTON ANN
  • Owner Before Previous Owner: RIGHTER WILLIAM H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Council Rock School District
  • School Tax School District: COUNCIL ROCK SD
  • Census Tract: 105300

Zoning

  • Zoning: VR2

Geography

  • Assessors Map Reference: 28-004
  • District: 28
  • Parcel: 28-004-025
  • Block: 4
  • Municipality: NEWTOWN BOROUGH
  • Latitude: 40.2252
  • Longitude: -74.9337

    Address

  • Full Address: 232 S Chancellor St
  • Address - House Number: 232
  • Street Direction: S
  • Address - Street Name: Chancellor
  • Address - Suffix Type: St
  • State: PA
  • City Name: Newtown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2112
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,307
  • Tax Rate Code Area: 28

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,185,912
  • High Value: 1,389,972
  • Low Value: 981,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: PENN COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Mar 11, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2030

    Market Valuation

  • Market Total Value: $498,829
  • Market Land Value: $110,638
  • Market Improvement Value: $388,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,890
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $36,490

    Sales

  • Current Sale Contract Date: Nov 21, 2014
  • Current Sale Recording Date: Nov 25, 2014
  • Current Sale Transaction ID: 1126690580
  • Current Sale Price: $840,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014065629
  • Previous Sale Recording Date: Oct 01, 1996
  • Previous Sale Contract Date: Aug 28, 1996
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: NORTHEAST EQUITABLE MORTGAGE L
  • First Mortgage Transaction Date: Nov 25, 2014
  • First Mortgage Loan Amount: $672,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2044

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Frequently Asked Questions

What neighborhood is 232 South Chancellor Street located in?
The 232 South Chancellor Street is a located in the neighborhood of Newtown in Newtown, Newtown.
What is the average sales price for listings in 232 South Chancellor Street?
The average sales price for units in 232 South Chancellor Street is $0 currently.

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