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451 Penn Street

451 Penn Street, Newtown, PA 18940
Property in Newtown
Sold Oct 20, 2022
$806,000
Sold Jul 13, 2005
$442,000
$353,600 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2035
Local assessors in Newtown, PA have categorized 451 Penn Street as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 9,191 square feet. The linear feet between the front and back of the lot was measured at 1,840 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 451 Penn Street has a total of 2,528 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 451 Penn Street sold most recently in Oct 6, 2022 for a total of $806,000. If you work out the math, that's approximately a cost of $318.83 per sqft. Before that, the property was also sold for $442,000 in Jun 30, 2005. 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 $6,626 in taxes each year. 451 Penn Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,400. If we break it down further, the land itself was valued at $7,080. Improvements to the property, however, were assessed at a total of $30,320. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Building Style

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

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 9,191
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,528
  • Building Area: 2,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,528
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: NW COR PENN ST & NORWOOD AVE 50X184

Ownership

  • Current Owner : KELLY DOUGLAS H
  • Current Owner 2: KELLY AILEEN
  • Previous Owner : WISEMAN JOHN R
  • Owner Before Previous Owner: LUDWIG THOMAS MERRITT
  • Owner Before Previous Owner 2: LUDWIG JOAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Council Rock School District
  • School Tax School District: COUNCIL ROCK SD
  • Census Tract: 105300

Zoning

  • Zoning: VR2

Geography

  • Assessors Map Reference: 28-005
  • District: 28
  • Parcel: 28-005-085
  • Block: 5
  • Municipality: NEWTOWN BOROUGH
  • Latitude: 40.2264
  • Longitude: -74.9292

    Address

  • Full Address: 451 Penn St
  • Address - House Number: 451
  • Address - Street Name: Penn
  • Address - Suffix Type: St
  • State: PA
  • City Name: Newtown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2123
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,626
  • Tax Rate Code Area: 28

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 746,031
  • High Value: 867,410
  • Low Value: 624,653

    Market Valuation

  • Market Total Value: $397,872
  • Market Land Value: $75,319
  • Market Improvement Value: $322,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,400
  • Assessed Land Value: $7,080
  • Assessed Improvements Value: $30,320

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Transaction ID: 11897784190
  • Current Sale Price: $806,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 63312
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $442,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 13, 2005
  • Previous Mortgage Loan Amount: $353,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Newtown



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Frequently Asked Questions

What neighborhood is 451 Penn Street located in?
The 451 Penn Street is a located in the neighborhood of Newtown in Newtown, Newtown.
What is the average sales price for listings in 451 Penn Street?
The average sales price for units in 451 Penn Street is $0 currently.

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