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505 Farmington Avenue

505 Farmington Avenue, Pottstown, PA 19464
Townhouse in Pottstown
Sold Aug 06, 2020
$115,500
$112,035 by Bayshore Mortgage Funding Llc
Mortgage Due Sep 01, 2050
Sold Apr 16, 2019
$53,099
Local assessors in Pottstown, PA have categorized 505 Farmington Avenue as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 2,800 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 Farmington Avenue has a total of 1,424 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 255 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 no garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on a window/unit air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. 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 Farmington Avenue was last sold in Aug 1, 2020 for $115,500. According to our calculations, that's $81.11 per sqft. Prior to that sales transaction, the property was sold for $53,099 in Apr 5, 2019. Current property owners are expected to pay $4,589 in taxes per year. The property on 505 Farmington Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $74,780. To break that down further, the land itself was valued at $37,820. While improvements to the property were assessed at a total of $36,960. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 255
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,424
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHAM HOFFMAN
  • Land Acres: 0.064
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ASSESSOR BLOCK-UNIT NUMBER 29-26

Ownership

  • Current Owner : CABOT MICHAEL
  • Previous Owner : KNIOUAN RACHID
  • Previous Owner 2: BIKHALA SOUAD
  • Owner Before Previous Owner: WELLS FARGO BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pottstown School District
  • School Tax School District: POTTSTOWN
  • Census Tract: 208901

Zoning

  • Zoning: NR

Geography

  • Assessors Map Reference: 16-029
  • District: 16
  • Parcel: 16-00-08896-00-7
  • Block: 29
  • Lot: 26
  • Municipality: POTTSTOWN BOROUGH
  • Latitude: 40.2556
  • Longitude: -75.6466

    Address

  • Full Address: 505 Farmington Ave
  • Address - House Number: 505
  • Address - Street Name: Farmington
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Pottstown
  • Carrier Code: C033
  • 4-Digit Zip Code: 4513
  • Zip Code: 19464

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,589
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 205,669
  • High Value: 246,866
  • Low Value: 164,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,035
  • First Open Lien Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $112,035
  • 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

    Market Valuation

  • Market Total Value: $74,780
  • Market Land Value: $37,820
  • Market Improvement Value: $36,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $74,780
  • Assessed Land Value: $37,820
  • Assessed Improvements Value: $36,960

    Sales

  • Current Sale Contract Date: Aug 01, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11783995884
  • Current Sale Price: $115,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020062741
  • Previous Sale Recording Date: Apr 16, 2019
  • Previous Sale Contract Date: Apr 05, 2019
  • Previous Sale Amount: $53,099
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $112,035
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Pottstown



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 505 Farmington Avenue located in?
The 505 Farmington Avenue is a townhouse located in the neighborhood of Pottstown in Pottstown, Pottstown.
What is the average sales price for listings in 505 Farmington Avenue?
The average sales price for units in 505 Farmington Avenue is $116,500 , or $82/sqft. currently.

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