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316 East Chestnut Street

316 East Chestnut Street, Souderton, PA 18964
Property in Souderton
Sold Nov 01, 2022
$382,500
$306,000 by Mortgageamerica, Inc.
Mortgage Due Nov 01, 2052
Sold Nov 01, 2017
$262,000
$257,254 by First Choice Loan Services Inc
Mortgage Due Nov 01, 2047
316 East Chestnut Street in Souderton, PA was first built in 1943 and is 81 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 316 East Chestnut Street has 1,590 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. In total, the area measurement of the land is 11,400 square feet.

Learn more about the property and building on this page. There is a unknown. 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 garage underground or in the basement. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 central heating system and being fueled with oil. 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, 316 East Chestnut Street sold most recently in Oct 26, 2022 for a total of $382,500. If you work out the math, that's approximately a cost of $240.57 per sqft. Before that, the property was also sold for $262,000 in Oct 30, 2017. 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 $5,425 in taxes each year. 316 East Chestnut Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $120,150. If we break it down further, the land itself was valued at $47,680. Improvements to the property, however, were assessed at a total of $72,470. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,400
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,590
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLAN & SURVEY MADE STANLEY F MOYER
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 26-33

Ownership

  • Current Owner : MILLER ZACHARY
  • Current Owner 2: KUHNS MARIELLE
  • Previous Owner : HARRINGTON CHRISTINA
  • Owner Before Previous Owner: SPEAR CRAIG
  • Owner Before Previous Owner 2: SPEAR KATHERINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Souderton Area School District
  • School Tax School District: SOUDERTON AREA
  • Census Tract: 207202

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 21-026
  • District: 21
  • Parcel: 21-00-01912-00-2
  • Block: 26
  • Lot: 33
  • Municipality: SOUDERTON BOROUGH
  • Latitude: 40.3125
  • Longitude: -75.3195

    Address

  • Full Address: 316 E Chestnut St
  • Address - House Number: 316
  • Street Direction: E
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: PA
  • City Name: Souderton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1137
  • Zip Code: 18964

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,425
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 396,929
  • High Value: 462,799
  • Low Value: 331,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: MORTGAGEAMERICA, INC.
  • First Open Lien Mortgage Recording Date: Nov 01, 2022
  • First Open Lien Mortgage Loan Amount: $306,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $120,150
  • Market Land Value: $47,680
  • Market Improvement Value: $72,470

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $120,150
  • Assessed Land Value: $47,680
  • Assessed Improvements Value: $72,470

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Transaction ID: 11899005247
  • Current Sale Price: $382,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 100922
  • Previous Sale Recording Date: Nov 01, 2017
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEAMERICA, INC.
  • First Mortgage Transaction Date: Nov 01, 2022
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHOICE LOAN SERVICES INC
  • Previous Mortgage Transaction Date: Nov 01, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $257,254
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Souderton



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Frequently Asked Questions

What neighborhood is 316 East Chestnut Street located in?
The 316 East Chestnut Street is a located in the neighborhood of Souderton in Souderton, Souderton.
What is the average sales price for listings in 316 East Chestnut Street?
The average sales price for units in 316 East Chestnut Street is $0 currently.

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