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5028 Summit Drive

5028 Summit Drive, South Park, PA 15129
Property in South Park
Sold Mar 10, 2021
$409,155
$313,026 by Nvr Mortgage Finance Inc
Mortgage
Sold Oct 28, 2020
$65,657
5028 Summit Drive has been categorized by the local assessors in South Park, PA as a residential type of property. The building on the property was first built in 2022 and is 2 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5028 Summit Drive has 3,332 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,253 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of materials we are unsure of. 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. The property was last sold in Mar 9, 2021 for $409,155. That's $122.80 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2020 for $65,657. 5028 Summit Drive was last assessed in 2024. The total value of the property was assessed at $348,900. Specifically, the land the property is located on was valued at $57,000. While improvements on the property were assessed at a total of $291,900. 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 $11,776. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,253
  • Total Building Area: 3,332
  • Gross Building Area: 3,332
  • Building Area: 3,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMIT STATION PHASE 1 SUBDIVISION
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: SUMMIT STATION PHASE 1 SUBDIVISION LOT 10 = 47.99X151.37X65.10X143.21

Ownership

  • Current Owner : LIN XIANG
  • Current Owner 2: WANG XINXIN
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: MERO SOUTH PARK VENTURES L L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Park School District
  • School Tax School District: SOUTH PARK
  • Census Tract: 490002

Geography

  • District: 945
  • Parcel: 0887-S-00082-0000-00
  • Block: 887S
  • Lot: 82
  • Municipality: SOUTH PARK
  • Latitude: 40.2887
  • Longitude: -80.0181

    Address

  • Full Address: 5028 Summit Dr
  • Address - House Number: 5028
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: South Park
  • Carrier Code: R008
  • 4-Digit Zip Code: 5566
  • Zip Code: 15129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,776
  • Tax Rate Code Area: SOUTH PARK

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 542,171
  • High Value: 665,206
  • Low Value: 419,137

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,026
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $313,026
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $366,900
  • Market Land Value: $57,000
  • Market Improvement Value: $309,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $348,900
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $291,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Transaction ID: 11853725321
  • Current Sale Price: $409,155
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021-07408
  • Previous Sale Recording Date: Oct 28, 2020
  • Previous Sale Contract Date: Oct 14, 2020
  • Previous Sale Amount: $65,657
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Mar 10, 2021
  • First Mortgage Loan Amount: $313,026
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Park Township



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Frequently Asked Questions

What neighborhood is 5028 Summit Drive located in?
The 5028 Summit Drive is a located in the neighborhood of South Park in South Park Township, South Park.
What is the average sales price for listings in 5028 Summit Drive?
The average sales price for units in 5028 Summit Drive is $0 currently.

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