Check Availability

305 Monterey Place

305 Monterey Place, Newtown, PA 18940
Property in Newtown
Sold Jun 20, 1997
$161,880
Seller
$129,504 by Countrywide Home Loans Inc
Mortgage Due Jul 01, 2027
305 Monterey Place in Newtown, PA was first built in 1997 and is 27 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 townhouse 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. 305 Monterey Place has 2,246 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 260 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 3,311 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 heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 305 Monterey Place sold most recently in Jun 16, 1997 for a total of $161,880. If you work out the math, that's approximately a cost of $72.07 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 $1,152 in taxes each year. 305 Monterey Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,400. If we break it down further, the land itself was valued at $2,800. Improvements to the property, however, were assessed at a total of $29,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,311
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,246
  • Building Area: 2,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,246
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWTOWN
  • Land Acres: 0.076
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Legal Description 1: 26X133IRR LOT 787 NEWTOWN GRANT TH-4 SEC 1 3,315SF

Ownership

  • Current Owner : SCHMIDT CHARLES
  • Previous Owner : FPA CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Council Rock School District
  • School Tax School District: COUNCIL ROCK SD
  • Census Tract: 105207

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 29-043
  • District: 29
  • Parcel: 29-043-463
  • Block: 43
  • Lot: 787
  • Municipality: NEWTOWN TOWNSHIP
  • Latitude: 40.2637
  • Longitude: -74.9536

    Address

  • Full Address: 305 Monterey Pl
  • Address - House Number: 305
  • Address - Street Name: Monterey
  • Address - Suffix Type: Pl
  • State: PA
  • City Name: Newtown
  • Carrier Code: R007
  • 4-Digit Zip Code: 4200
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,152
  • Tax Rate Code Area: 29

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 563,421
  • High Value: 653,693
  • Low Value: 473,148

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $144,504
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 20, 1997
  • First Open Lien Mortgage Loan Amount: $129,504
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2027
  • Second Open Lien Mortgage Recording Date: Jun 20, 1997
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2027

    Market Valuation

  • Market Total Value: $344,681
  • Market Land Value: $29,787
  • Market Improvement Value: $314,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,400
  • Assessed Land Value: $2,800
  • Assessed Improvements Value: $29,600

    Sales

  • Current Sale Contract Date: Jun 16, 1997
  • Current Sale Recording Date: Jun 20, 1997
  • Current Sale Transaction ID: 1126784732
  • Current Sale Price: $161,880
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 044844

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Jun 20, 1997
  • First Mortgage Loan Amount: $129,504
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2027
  • Second Mortgage Loan Amount: $15,000

About Newtown Grant



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 104 Quince Cir, NEWTOWN, PA, 18940

$3,250 /mo

  • 3 Beds
  • 2.5 Baths
104 Quince Cir, NEWTOWN, PA, 18940 Listing by Rebecca R. Malek

Frequently Asked Questions

What neighborhood is 305 Monterey Place located in?
The 305 Monterey Place is a located in the neighborhood of Newtown in Newtown Grant, Newtown.
What is the average sales price for listings in 305 Monterey Place?
The average sales price for units in 305 Monterey Place is $0 currently.

Quantcast