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514 Penny Lane

514 Penny Lane, Philadelphia, PA 19111
Sold Feb 08, 1999
$220,200
$312,000 by Trumark Financial Cu
Mortgage Due Jan 01, 2046
Local assessors in Philadelphia, PA have categorized 514 Penny Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 10,260 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 760 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 514 Penny Lane has a total of 1,827 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 514 Penny Lane was last sold in Dec 21, 1998 for $220,200. According to our calculations, that's $120.53 per sqft. Current property owners are expected to pay $6,072 in taxes per year. The property on 514 Penny Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $478,800. To break that down further, the land itself was valued at $95,760. While improvements to the property were assessed at a total of $383,040. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,260
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,827
  • Gross Building Area: 1,827
  • Building Area: 1,827
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIDDEN GLEN
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Single family residential
  • Legal Description 1: 702 E PINE RD

Ownership

  • Current Owner : QUIRK PATRICK J
  • Current Owner 2: QUIRK LINDA M
  • Previous Owner : FRED BETZ & SONS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 034200

Zoning

  • Zoning: RSD1

Geography

  • Assessors Map Reference: 154N020091
  • Account Number: 044008
  • District: WARD #63
  • Parcel: 63-2044008
  • Block: 154N2
  • Lot: 91
  • Municipality: PHILADELPHIA
  • Latitude: 40.085
  • Longitude: -75.0722

    Address

  • Full Address: 514 Parkhollow Ln
  • Address - House Number: 514
  • Address - Street Name: Parkhollow
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C057
  • 4-Digit Zip Code: 1366
  • Zip Code: 19111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,072
  • Tax Rate Code Area: 63

    Appraisal Valuation

  • Standard Deviation: 0.2652
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 503,433
  • High Value: 636,955
  • Low Value: 369,912

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $347,000
  • First Open Lien Mortgage Lender: TRUMARK FINANCIAL CU
  • First Open Lien Mortgage Recording Date: Dec 04, 2015
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: Jan 01, 2046
  • Second Open Lien Mortgage Lender: TRUMARK FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Apr 22, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 25, 2030

    Market Valuation

  • Market Total Value: $478,800
  • Market Land Value: $95,760
  • Market Improvement Value: $383,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,800
  • Assessed Land Value: $95,760
  • Assessed Improvements Value: $383,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 1998
  • Current Sale Recording Date: Feb 08, 1999
  • Current Sale Transaction ID: 1096320923
  • Current Sale Price: $220,200
  • Current Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 514 Penny Lane located in?
The 514 Penny Lane is a located in the neighborhood of Fox Chase - Burholme in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 514 Penny Lane?
The average sales price for units in 514 Penny Lane is $0 currently.

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