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505 Delaware Drive

505 Delaware Drive, Sellersville, PA 18960
Property in Hilltown
Sold Aug 11, 2016
$491,970
$331,576 by Nvr Mortgage Finance Inc
Mortgage Due Sep 01, 2031
Sold Apr 25, 2016
$165,000
Local assessors in Sellersville, PA have categorized 505 Delaware Drive as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 10,411 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 820 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, 4 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 3 full bathrooms. There are also 4 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 505 Delaware Drive has a total of 2,664 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. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 505 Delaware Drive was last sold in Aug 9, 2016 for $491,970. According to our calculations, that's $184.67 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Apr 20, 2016. Current property owners are expected to pay $8,146 in taxes per year. The property on 505 Delaware Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,070. To break that down further, the land itself was valued at $6,190. While improvements to the property were assessed at a total of $41,880. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,411
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,664
  • Building Area: 2,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,664
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HILL
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 10,397SF LOT #43 82X118IRR HILLTOWN WALK

Ownership

  • Current Owner : HIGGINS JOHN P
  • Current Owner 2: HIGGINS NANCY L
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: MAPLE GROVE INVESTORS LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pennridge School District
  • School Tax School District: PENNRIDGE SD
  • Census Tract: 106300

Zoning

  • Zoning: CR2

Geography

  • Assessors Map Reference: 15-028
  • District: 15
  • Parcel: 15-028-021-043
  • Lot: 43
  • Municipality: HILLTOWN TOWNSHIP
  • Latitude: 40.3381
  • Longitude: -75.2657

    Address

  • Full Address: 505 Delaware Dr
  • Address - House Number: 505
  • Address - Street Name: Delaware
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Sellersville
  • Carrier Code: R002
  • 4-Digit Zip Code: 3364
  • Zip Code: 18960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,146
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 678,738
  • High Value: 773,026
  • Low Value: 584,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $331,576
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2016
  • First Open Lien Mortgage Loan Amount: $331,576
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $511,383
  • Market Land Value: $65,851
  • Market Improvement Value: $445,532

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,070
  • Assessed Land Value: $6,190
  • Assessed Improvements Value: $41,880

    Sales

  • Current Sale Contract Date: Aug 09, 2016
  • Current Sale Recording Date: Aug 11, 2016
  • Current Sale Transaction ID: 1753302014
  • Current Sale Price: $491,970
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016048041
  • Previous Sale Recording Date: Apr 25, 2016
  • Previous Sale Contract Date: Apr 20, 2016
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Aug 11, 2016
  • First Mortgage Loan Amount: $331,576
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2031

About Bucks



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Frequently Asked Questions

What neighborhood is 505 Delaware Drive located in?
The 505 Delaware Drive is a located in the neighborhood of Hilltown in Bucks, Sellersville.
What is the average sales price for listings in 505 Delaware Drive?
The average sales price for units in 505 Delaware Drive is $0 currently.

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