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307 Pennwood Drive

307 Pennwood Drive, Richlandtown, PA 18955
Property in Richlandtown
Sold Apr 29, 1994
$117,000
$55,000 by Quakertown National Bank
Mortgage Due May 01, 2024
Sold Nov 21, 1991
$75,000
307 Pennwood Drive has been categorized by the local assessors in Richlandtown, PA as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 6 rooms. 3 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, 307 Pennwood Drive has 1,386 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 1,870 ft and across the front of the lot is 470 ft. The area measurement of the land has been determined as 8,790 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. 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, 307 Pennwood Drive sold most recently in Apr 27, 1994 for a total of $117,000. If you work out the math, that's approximately a cost of $84.42 per sqft. Before that, the property was also sold for $75,000 in Nov 21, 1991. 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 $4,394 in taxes each year. 307 Pennwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,680. If we break it down further, the land itself was valued at $4,960. Improvements to the property, however, were assessed at a total of $16,720. 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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,790
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,386
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ADR SUBDIVISION
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT #15 ADR SUBDIVISION 47X187

Ownership

  • Current Owner : GOLLA PATRICIA A
  • Previous Owner : LEWIS WILLIAM F
  • Previous Owner 2: LEWIS JOAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Quakertown Community School District
  • School Tax School District: QUAKERTOWN SD
  • Census Tract: 106500

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 37-001
  • District: 37
  • Parcel: 37-001-153
  • Block: 1
  • Lot: 15
  • Municipality: RICHLANDTOWN BOROUGH
  • Latitude: 40.4776
  • Longitude: -75.3192

    Address

  • Full Address: 307 Pennwood Dr
  • Address - House Number: 307
  • Address - Street Name: Pennwood
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Richlandtown
  • Carrier Code: H002
  • 4-Digit Zip Code: 1042
  • Zip Code: 18955

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,394
  • Tax Rate Code Area: 37

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 349,102
  • High Value: 405,036
  • Low Value: 293,168

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: QUAKERTOWN NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 29, 1994
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 01, 2024

    Market Valuation

  • Market Total Value: $230,638
  • Market Land Value: $52,766
  • Market Improvement Value: $177,872

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,680
  • Assessed Land Value: $4,960
  • Assessed Improvements Value: $16,720

    Sales

  • Current Sale Contract Date: Apr 27, 1994
  • Current Sale Recording Date: Apr 29, 1994
  • Current Sale Transaction ID: 1127171251
  • Current Sale Price: $117,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 044525
  • Previous Sale Recording Date: Nov 21, 1991
  • Previous Sale Contract Date: Nov 21, 1991
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUAKERTOWN NATIONAL BANK
  • First Mortgage Transaction Date: Apr 29, 1994
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2024

About Richlandtown



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358 Franklin St, QUAKERTOWN, PA, 18951 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 307 Pennwood Drive located in?
The 307 Pennwood Drive is a located in the neighborhood of Richlandtown in Richlandtown, Richlandtown.
What is the average sales price for listings in 307 Pennwood Drive?
The average sales price for units in 307 Pennwood Drive is $0 currently.

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