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303 Love Lane

303 Love Lane, Norwood, PA 19074
Property in Norwood
Sold Mar 23, 2016
$105,000
$103,072 by Finance Of America Mortgage Ll
Mortgage Due Feb 01, 2046
Sold Jun 21, 1972
Transfer
303 Love Lane has been categorized by the local assessors in Norwood, PA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 303 Love Lane has 1,560 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 1,040 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 5,706 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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 Jan 15, 2016 for $105,000. That's $67.31 per sqft. 303 Love Lane was last assessed in 2024. The total value of the property was assessed at $185,670. Specifically, the land the property is located on was valued at $54,050. While improvements on the property were assessed at a total of $131,620. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,242. 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. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,706
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORWOOD PARK
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 STY HSE ADD 46 X 104 X IRR

Ownership

  • Current Owner : DIMARCO RACHEL
  • Previous Owner : BARR ELIZABETH
  • Previous Owner 2: BARR BETTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Interboro School District
  • School Tax School District: INTERBORO SD
  • Census Tract: 403602

Geography

  • Assessors Map Reference: 31-06
  • Account Number: 3106761000
  • District: 31
  • Parcel: 31-00-00753-00
  • Block: 10
  • Municipality: NORWOOD BOROUGH
  • Latitude: 39.8816
  • Longitude: -75.2992

    Address

  • Full Address: 303 Love Ln
  • Address - House Number: 303
  • Address - Street Name: Love
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Norwood
  • Carrier Code: C003
  • 4-Digit Zip Code: 1012
  • Zip Code: 19074

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,242
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 313,308
  • High Value: 384,080
  • Low Value: 242,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,072
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Mar 23, 2016
  • First Open Lien Mortgage Loan Amount: $103,072
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2046

    Market Valuation

  • Market Total Value: $185,670
  • Market Land Value: $54,050
  • Market Improvement Value: $131,620

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $185,670
  • Assessed Land Value: $54,050
  • Assessed Improvements Value: $131,620

    Sales

  • Current Sale Contract Date: Jan 15, 2016
  • Current Sale Recording Date: Mar 23, 2016
  • Current Sale Transaction ID: 1671776722
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016013759
  • Previous Sale Recording Date: Jun 21, 1972
  • Previous Sale Contract Date: Jun 21, 1972
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Mar 23, 2016
  • First Mortgage Loan Amount: $103,072
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 303 Love Lane located in?
The 303 Love Lane is a located in the neighborhood of Norwood in Norwood, Norwood.
What is the average sales price for listings in 303 Love Lane?
The average sales price for units in 303 Love Lane is $0 currently.

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