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5 Laurel Circle

5 Laurel Circle, Newtown, PA 18940
Townhouse in Newtown
Sold Sep 03, 2020
$415,000
$333,792 by Prosperity Home Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Nov 29, 2016
$320,000
$314,204 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2046
5 Laurel Circle has been categorized by the local assessors in Newtown, PA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 7 rooms. 3 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, 5 Laurel Circle has 2,206 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 1,020 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 4,138 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5 Laurel Circle sold most recently in Aug 29, 2020 for a total of $415,000. If you work out the math, that's approximately a cost of $188.12 per sqft. Before that, the property was also sold for $320,000 in Nov 8, 2016. 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 $1,040 in taxes each year. 5 Laurel Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,240. If we break it down further, the land itself was valued at $3,760. Improvements to the property, however, were assessed at a total of $25,480. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,138
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 310
  • Total Building Area: 2,206
  • Building Area: 2,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,206
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GOLDEN ACRES
  • Land Acres: 0.095
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Legal Description 1: LOT#29 SEC 2 GOLDEN ACRES TH-1 31X102IRR

Ownership

  • Current Owner : YU VINCENT
  • Previous Owner : ENGELHARDT JOHN E
  • Previous Owner 2: ENGELHARDT KATIE
  • Owner Before Previous Owner: QUILALLAN JAY
  • Owner Before Previous Owner 2: ATIENZA ROWENA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Council Rock School District
  • School Tax School District: COUNCIL ROCK SD
  • Census Tract: 105207

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 29-040
  • District: 29
  • Parcel: 29-040-029
  • Block: 40
  • Lot: 29
  • Municipality: NEWTOWN TOWNSHIP
  • Latitude: 40.2612
  • Longitude: -74.9652

    Address

  • Full Address: 5 Laurel Cir
  • Address - House Number: 5
  • Address - Street Name: Laurel
  • Address - Suffix Type: Cir
  • State: PA
  • City Name: Newtown
  • Carrier Code: R005
  • 4-Digit Zip Code: 3221
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,040
  • Tax Rate Code Area: 29

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 529,203
  • High Value: 613,570
  • Low Value: 444,836

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $429,482
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $333,792
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 28, 2022
  • Second Open Lien Mortgage Loan Amount: $95,690
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 15, 2052

    Market Valuation

  • Market Total Value: $311,064
  • Market Land Value: $40,000
  • Market Improvement Value: $271,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,240
  • Assessed Land Value: $3,760
  • Assessed Improvements Value: $25,480

    Sales

  • Current Sale Contract Date: Aug 29, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11785288521
  • Current Sale Price: $415,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020059872
  • Previous Sale Recording Date: Nov 29, 2016
  • Previous Sale Contract Date: Nov 08, 2016
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $333,792
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Nov 29, 2016
  • Previous Mortgage Loan Amount: $314,204
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Newtown Grant



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5 Laurel Circle located in?
The 5 Laurel Circle is a townhouse located in the neighborhood of Newtown in Newtown Grant, Newtown.
What is the average sales price for listings in 5 Laurel Circle?
The average sales price for units in 5 Laurel Circle is $395,000 , or $179/sqft. currently.

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