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309 North Penrose Street

309 North Penrose Street, Quakertown, PA 18951
House in Quakertown
Sold Oct 27, 2020
$275,000
$260,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2050
Sold Mar 12, 2020
$134,000
309 North Penrose Street in Quakertown, PA was first built in 1950 and is 74 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 conventional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 309 North Penrose Street has 1,504 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 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,187 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. For those who need parking, there is a detached garage. 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 hot water heating system and being fueled with oil. The property was last sold in Oct 23, 2020 for $275,000. That's $182.85 per sqft. Prior to that sales transaction, the property was also sold in Sep 20, 2019 for $134,000. 309 North Penrose Street was last assessed in 2023. The total value of the property was assessed at $21,030. Specifically, the land the property is located on was valued at $3,520. While improvements on the property were assessed at a total of $17,510. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $569. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,504
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THIRD WARD
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: ES PENROSE ST 225 FT N TO HICKON ST 60X120

Ownership

  • Current Owner : WALKER WILLIAM CARL
  • Current Owner 2: WALKER SUSAN
  • Previous Owner : EGITTO THOMAS
  • Previous Owner 2: KANE BRETT
  • Owner Before Previous Owner: LEHMAN LINDA
  • Owner Before Previous Owner 2: LEHMAN BRIAN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Quakertown Community School District
  • School Tax School District: QUAKERTOWN SD
  • Census Tract: 103101

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 35-009
  • District: 35
  • Parcel: 35-009-180
  • Block: 9
  • Municipality: QUAKERTOWN BOROUGH
  • Latitude: 40.4485
  • Longitude: -75.3302

    Address

  • Full Address: 309 N Penrose St
  • Address - House Number: 309
  • Street Direction: N
  • Address - Street Name: Penrose
  • Address - Suffix Type: St
  • State: PA
  • City Name: Quakertown
  • Carrier Code: C010
  • 4-Digit Zip Code: 1334
  • Zip Code: 18951

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $569
  • Tax Rate Code Area: 35

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 323,549
  • High Value: 375,389
  • Low Value: 271,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $223,724
  • Market Land Value: $37,447
  • Market Improvement Value: $186,277

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,030
  • Assessed Land Value: $3,520
  • Assessed Improvements Value: $17,510

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11794909243
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020077204
  • Previous Sale Recording Date: Mar 12, 2020
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Quakertown



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Frequently Asked Questions

What neighborhood is 309 North Penrose Street located in?
The 309 North Penrose Street is a house located in the neighborhood of Quakertown in Quakertown, Quakertown.
What is the average sales price for listings in 309 North Penrose Street?
The average sales price for units in 309 North Penrose Street is $0 currently.

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