Check Availability

28 Pennington Lane

28 Pennington Lane, Quakertown, PA 18951
Property in Quakertown
Sold Apr 04, 2018
$191,000
$192,929 by Home America Lending Corp
Mortgage Due May 01, 2048
Sold Dec 15, 2008
$111,400
28 Pennington Lane in Quakertown, PA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 28 Pennington Lane has 1,502 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 220 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 2,792 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 28 Pennington Lane sold most recently in Apr 2, 2018 for a total of $191,000. If you work out the math, that's approximately a cost of $127.16 per sqft. Before that, the property was also sold for $111,400 in Dec 11, 2008. 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 $433 in taxes each year. 28 Pennington Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,980. If we break it down further, the land itself was valued at $3,200. Improvements to the property, however, were assessed at a total of $12,780. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,792
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 220
  • Total Building Area: 1,502
  • Building Area: 1,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,502
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CEDAR GROVE EST
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CEDAR GROVE EST SEC 1 LOT #58 22X127

Ownership

  • Current Owner : SMITH PAUL E
  • Previous Owner : EGITTO THOMAS
  • Previous Owner 2: KANE BRETT
  • Owner Before Previous Owner: WRIGHT PATRICIA
  • Owner Before Previous Owner 2: CITIMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Owner Generation Identifier: JR

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 35-001
  • District: 35
  • Parcel: 35-001-031
  • Block: 1
  • Lot: 58
  • Municipality: QUAKERTOWN BOROUGH
  • Latitude: 40.4392
  • Longitude: -75.3627

    Address

  • Full Address: 28 Pennington Ln
  • Address - House Number: 28
  • Address - Street Name: Pennington
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Quakertown
  • Carrier Code: C008
  • 4-Digit Zip Code: 1022
  • Zip Code: 18951

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $433
  • Tax Rate Code Area: 35

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 299,684
  • High Value: 360,738
  • Low Value: 238,631

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,929
  • First Open Lien Mortgage Lender: HOME AMERICA LENDING CORP
  • First Open Lien Mortgage Recording Date: Apr 04, 2018
  • First Open Lien Mortgage Loan Amount: $192,929
  • 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, 2048

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $34,043
  • Market Improvement Value: $135,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,980
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $12,780

    Sales

  • Current Sale Contract Date: Apr 02, 2018
  • Current Sale Recording Date: Apr 04, 2018
  • Current Sale Transaction ID: 11444909594
  • Current Sale Price: $191,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018017110
  • Previous Sale Recording Date: Dec 15, 2008
  • Previous Sale Contract Date: Dec 11, 2008
  • Previous Sale Amount: $111,400
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME AMERICA LENDING CORP
  • First Mortgage Transaction Date: Apr 04, 2018
  • First Mortgage Loan Amount: $192,929
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Quakertown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 28 Pennington Lane located in?
The 28 Pennington Lane is a located in the neighborhood of Quakertown in Quakertown, Quakertown.
What is the average sales price for listings in 28 Pennington Lane?
The average sales price for units in 28 Pennington Lane is $0 currently.

Quantcast