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240 South Main Street

240 South Main Street, Quakertown, PA 18951
Property in Quakertown
Sold Dec 28, 2005
$205,000
$164,000 by Money Warehouse Inc
Mortgage Due Jan 01, 2036
240 South Main Street has been categorized by the local assessors in Quakertown, PA as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 240 South Main Street has 1,188 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 750 ft. The area measurement of the land has been determined as 11,238 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. 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 frame control joints. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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. The property was last sold in Dec 15, 2005 for $205,000. That's $172.56 per sqft. 240 South Main Street was last assessed in 2023. The total value of the property was assessed at $19,600. Specifically, the land the property is located on was valued at $4,880. While improvements on the property were assessed at a total of $14,720. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $531. The initial tax year of delinquency was in 2018. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: WS MAIN ST 130 FT N W OF 11TH ST 75X150

Ownership

  • Current Owner : FARRELLO DOMINICK A
  • Previous Owner : WALP KATHLEEN M
  • Previous Owner 2: LERCH NANCY I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Quakertown Community School District
  • School Tax School District: QUAKERTOWN SD
  • Census Tract: 103103

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 35-004
  • District: 35
  • Parcel: 35-004-070
  • Block: 4
  • Municipality: QUAKERTOWN BOROUGH
  • Latitude: 40.4362
  • Longitude: -75.3514

    Address

  • Full Address: 240 S Main St
  • Address - House Number: 240
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: PA
  • City Name: Quakertown
  • Carrier Code: C025
  • 4-Digit Zip Code: 1145
  • Zip Code: 18951

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 35

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 321,650
  • High Value: 376,484
  • Low Value: 266,815

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,000
  • First Open Lien Mortgage Lender: MONEY WAREHOUSE INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $164,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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 Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $208,511
  • Market Land Value: $51,915
  • Market Improvement Value: $156,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,600
  • Assessed Land Value: $4,880
  • Assessed Improvements Value: $14,720

    Sales

  • Current Sale Contract Date: Dec 15, 2005
  • Current Sale Recording Date: Dec 28, 2005
  • Current Sale Transaction ID: 11453143781
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005168338

    Last Sale Mortgage

  • First Mortgage Lender: MONEY WAREHOUSE INC
  • First Mortgage Transaction Date: Dec 28, 2005
  • First Mortgage Loan Amount: $164,000
  • 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, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 240 South Main Street located in?
The 240 South Main Street is a located in the neighborhood of Quakertown in Quakertown, Quakertown.
What is the average sales price for listings in 240 South Main Street?
The average sales price for units in 240 South Main Street is $0 currently.

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