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505 Mark Lane

505 Mark Lane, Downingtown, PA 19335
Property in Downingtown
Sold Aug 07, 1996
$103,000
$97,850 by Inland Mtg Corp
Mortgage Due Aug 01, 2026
Local assessors in Downingtown, PA have categorized 505 Mark Lane as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 4,200 square feet. 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 are 2 full bathrooms. There are also 3 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 Mark Lane has a total of 1,400 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 31, 1996 for $103,000. That's $73.57 per sqft. 505 Mark Lane was last assessed in 2024. The total value of the property was assessed at $95,260. Specifically, the land the property is located on was valued at $29,890. While improvements on the property were assessed at a total of $65,370. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,883. 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. 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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,400
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WHITELAND MANOR HOMES INC
  • Land Acres: 0.096
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 11 & DWG

Ownership

  • Current Owner : LEACH M CLAIRE
  • Previous Owner : TAYLOR KENDALL ALLEN
  • Previous Owner 2: TAYLOR LILLIE B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downingtown Area School District
  • School Tax School District: DOWNINGTOWN
  • Census Tract: 304101

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 30-J2
  • District: 11
  • Parcel: 1105 00722500
  • Lot: 11
  • Municipality: DOWNINGTOWN
  • Latitude: 40.0075
  • Longitude: -75.6916

    Address

  • Full Address: 505 Mark Ln
  • Address - House Number: 505
  • Address - Street Name: Mark
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Downingtown
  • Carrier Code: C004
  • 4-Digit Zip Code: 3033
  • Zip Code: 19335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,883
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 335,949
  • High Value: 392,605
  • Low Value: 279,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,850
  • First Open Lien Mortgage Lender: INLAND MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 07, 1996
  • First Open Lien Mortgage Loan Amount: $97,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2026

    Market Valuation

  • Market Total Value: $95,260
  • Market Land Value: $29,890
  • Market Improvement Value: $65,370

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $95,260
  • Assessed Land Value: $29,890
  • Assessed Improvements Value: $65,370

    Sales

  • Current Sale Contract Date: Jul 31, 1996
  • Current Sale Recording Date: Aug 07, 1996
  • Current Sale Transaction ID: 1128839456
  • Current Sale Price: $103,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 47271

    Last Sale Mortgage

  • First Mortgage Lender: INLAND MTG CORP
  • First Mortgage Transaction Date: Aug 07, 1996
  • First Mortgage Loan Amount: $97,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2026

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Frequently Asked Questions

What neighborhood is 505 Mark Lane located in?
The 505 Mark Lane is a located in the neighborhood of Downingtown in Downingtown, Downingtown.
What is the average sales price for listings in 505 Mark Lane?
The average sales price for units in 505 Mark Lane is $0 currently.

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