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261 Farm House Lane

261 Farm House Lane, Wapwallopen, PA 18660
Property in Dorrance
Sold Dec 21, 2021
$425,000
$312,000 by Citizens Savings Bank
Mortgage Due Jan 01, 2052
Local assessors in Wapwallopen, PA have categorized 261 Farm House Lane as a residential type of property. The property's lot size has been calculated to be 4,356,000 square feet. The linear feet between the front and back of the lot was measured at 4,350 ft and the front of the lot was measured at 1,000 ft. 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 261 Farm House Lane has a total of 1,669 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. 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, 261 Farm House Lane sold most recently in Nov 24, 2021 for a total of $425,000. If you work out the math, that's approximately a cost of $254.64 per sqft. 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 $2,147 in taxes each year. 261 Farm House Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,900. If we break it down further, the land itself was valued at $15,500. Improvements to the property, however, were assessed at a total of $98,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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

  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Lot Size Depth Feet: 4,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,669
  • Building Area: 1,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,669
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARLES HOFFMAN FARM
  • Land Acres: 100
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: 12-176-4 261 FARMHOUSE LN

Ownership

  • Current Owner : MOWERY ANASTASIA
  • Current Owner 2: MOWERY JEFFREY LEE
  • Previous Owner : HOFFMAN CHARLES EDWARD
  • Previous Owner 2: HOFFMAN LINDA J
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Crestwood School District
  • School Tax School District: CRESTWOOD S D
  • Census Tract: 215504

Geography

  • Assessors Map Reference: MAP O7
  • District: 12
  • Parcel: 12-O7-00A-017
  • Block: A
  • Lot: 17
  • Municipality: DORRANCE TOWNSHIP
  • Latitude: 41.0954
  • Longitude: -75.9941

    Address

  • Full Address: 261 Farm House Ln
  • Address - House Number: 261
  • Address - Street Name: Farm House
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Wapwallopen
  • Carrier Code: R006
  • 4-Digit Zip Code: 1931
  • Zip Code: 18660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,147

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 67
  • Final Value: 364,866
  • High Value: 450,836
  • Low Value: 278,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: CITIZENS SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $113,900
  • Market Land Value: $15,500
  • Market Improvement Value: $98,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,900
  • Assessed Land Value: $15,500
  • Assessed Improvements Value: $98,400

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11876024057
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202182663

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS SAVINGS BANK
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Luzerne



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Frequently Asked Questions

What neighborhood is 261 Farm House Lane located in?
The 261 Farm House Lane is a located in the neighborhood of Dorrance in Luzerne, Wapwallopen.
What is the average sales price for listings in 261 Farm House Lane?
The average sales price for units in 261 Farm House Lane is $0 currently.

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