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241 South Lincoln Avenue

241 South Lincoln Avenue, Newtown, PA 18940
Property in Newtown
Sold Apr 19, 2023
$375,000
$337,500 by Prosperity Home Mortgage, Llc
Mortgage Due May 01, 2053
Sold Jan 26, 2016
$239,000
$227,050 by Waterstone Mortgage Corp
Mortgage Due Feb 01, 2046
241 South Lincoln Avenue 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 1890 and is 134 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 241 South Lincoln Avenue has 942 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 1,290 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 1,808 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home 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 masonry control joints. The exterior walls of the building are made of masonry. 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. 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, 241 South Lincoln Avenue sold most recently in Apr 14, 2023 for a total of $375,000. If you work out the math, that's approximately a cost of $398.09 per sqft. Before that, the property was also sold for $239,000 in Jan 25, 2016. 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 $3,260 in taxes each year. 241 South Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,400. If we break it down further, the land itself was valued at $2,600. Improvements to the property, however, were assessed at a total of $15,800. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,808
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 140
  • Total Building Area: 942
  • Building Area: 942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 942
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.042
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT #9 LAFAYETTE HOUSE IN C 14X129

Ownership

  • Current Owner : WOOD LAUREN
  • Current Owner 2: NEWTON MICHAEL
  • Previous Owner : REYNOLDS NICHOLAS T
  • Owner Before Previous Owner: FITZPATRICK NANCY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: VR3

Geography

  • Assessors Map Reference: 28-005
  • District: 28
  • Parcel: 28-005-068-008
  • Block: 5
  • Lot: 9
  • Municipality: NEWTOWN BOROUGH
  • Latitude: 40.2249
  • Longitude: -74.9316

    Address

  • Full Address: 241 S Lincoln Ave
  • Address - House Number: 241
  • Street Direction: S
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Newtown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2154
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,260
  • Tax Rate Code Area: 28

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 388,958
  • High Value: 464,601
  • Low Value: 313,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,500
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Apr 19, 2023
  • First Open Lien Mortgage Loan Amount: $337,500
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $195,745
  • Market Land Value: $27,660
  • Market Improvement Value: $168,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,400
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $15,800

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Transaction ID: 11905599962
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 15590
  • Previous Sale Recording Date: Jan 26, 2016
  • Previous Sale Contract Date: Jan 25, 2016
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE, LLC
  • First Mortgage Transaction Date: Apr 19, 2023
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WATERSTONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 26, 2016
  • Previous Mortgage Loan Amount: $227,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 241 South Lincoln Avenue located in?
The 241 South Lincoln Avenue is a located in the neighborhood of Newtown in Newtown, Newtown.
What is the average sales price for listings in 241 South Lincoln Avenue?
The average sales price for units in 241 South Lincoln Avenue is $0 currently.

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