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48 Old Covered Bridge Road

48 Old Covered Bridge Road, Newtown Square, PA 19073
House in Willistown
Sold Oct 22, 2020
$640,000
$510,400 by Meridian Bank
Mortgage Due Nov 01, 2050
48 Old Covered Bridge Road has been categorized by the local assessors in Newtown Square, PA as a residential type of property. The building on the property was first built in 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 1988. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 48 Old Covered Bridge Road has 2,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 484 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 87,120 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Sep 24, 2020 for $640,000. That's $229.06 per sqft. 48 Old Covered Bridge Road was last assessed in 2024. The total value of the property was assessed at $323,810. Specifically, the land the property is located on was valued at $93,350. While improvements on the property were assessed at a total of $230,460. 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 $8,542. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Exterior

Aluminum Siding
Brick Exterior
Vinyl Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 484
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,794
  • Gross Building Area: 2,794
  • Building Area: 2,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,310
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLD COVERED BRIDGE ESTATES
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 AC DWG & POOL LOT 19

Ownership

  • Current Owner : ENGEL DANIEL A
  • Current Owner 2: DALONZO MARY F
  • Previous Owner : BRONHEIM DOROTHY A
  • Previous Owner 2: WADE DOROTHY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Valley School District
  • School Tax School District: GREAT VALLEY
  • Census Tract: 300301

Zoning

  • Zoning: RU

Geography

  • Assessors Map Reference: 34-D5
  • District: 54
  • Parcel: 5407 00201900
  • Lot: 19
  • Municipality: WILLISTOWN
  • Latitude: 39.9909
  • Longitude: -75.4474

    Address

  • Full Address: 48 Old Covered Bridge Rd
  • Address - House Number: 48
  • Address - Street Name: Old Covered Bridge
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Newtown Square
  • Carrier Code: C005
  • 4-Digit Zip Code: 1202
  • Zip Code: 19073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,542
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 869,402
  • High Value: 1,002,561
  • Low Value: 736,243

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $683,600
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Oct 12, 2022
  • Second Open Lien Mortgage Loan Amount: $173,200
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 12, 2062

    Market Valuation

  • Market Total Value: $330,790
  • Market Land Value: $93,350
  • Market Improvement Value: $237,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $323,810
  • Assessed Land Value: $93,350
  • Assessed Improvements Value: $230,460

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793730619
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11773246

    Last Sale Mortgage

  • First Mortgage Lender: MERIDIAN BANK
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Chester



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Frequently Asked Questions

What neighborhood is 48 Old Covered Bridge Road located in?
The 48 Old Covered Bridge Road is a house located in the neighborhood of Willistown in Chester, Newtown Square.
What is the average sales price for listings in 48 Old Covered Bridge Road?
The average sales price for units in 48 Old Covered Bridge Road is $0 currently.

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