See Home Value
Newtown 18940
518 S STATE ST
$700,000
Land - Off Market

518 S STATE ST

NEWTOWN, PA 18940
bedrooms
Studio
bathrooms
0 Bath
$700,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Beautiful property on the edge of town. Tucked away off the main street. Development opportunity for an Estate home or Commercial building. Zoned TC-2. Allot of potential uses, see attached zoning document for details. Future walking rail trail proposed behind the property.  Walk into town to explore the many restaurants and businesses. There is an existing home on the property. A barn that was converted into a house in 1978.  2BR, 1.5 Bath, Kitchen, Living Rm, Laundry Rd, 2 Car Garage, and a Detached Garage/Outbuilding on the property. Only available as a 2nd showing on the property upon request. There is also another adjacent lot next to this one for sale with 1.70 acres, see MLS#  PABU2044528. House is being sold in an "as is" condition; no repairs will be made.
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$334
HOA Dues
-
Year Built
1978
Last updated: 7 months ago (Bright MLS #PABU2044570)

Price History

Date / Event Date Event Price
Nov 12, 2023 No longer available -
No longer available
Mar 3, 2023 Listed by Iron Valley Real Estate Doylestown $700,000
Listed by Iron Valley Real Estate Doylestown

Property Highlights

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,776
  • Lot Size Depth Feet: 2,510
  • Lot Size Frontage Feet: 2,500
  • Total Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 870
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PAUL D ALLEN
  • Land Acres: 0.982
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: (O.9829AC) LOT #1 WS S ST ATE ST 340N OF FREEDOM DR 179ON S STATE ST

Ownership

  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 12, 2024

Neighborhood

  • School District Name: Council Rock School District
  • School Tax School District: COUNCIL ROCK SD
  • Census Tract: 105202

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 29-010
  • District: 29
  • Parcel: 29-010-020
  • Block: 10
  • Lot: 1
  • Municipality: NEWTOWN TOWNSHIP
  • Latitude: 40.2203
  • Longitude: -74.9342

    Address

  • Full Address: 518 S State St
  • Address - House Number: 518
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: PA
  • City Name: Newtown
  • Carrier Code: C006
  • 4-Digit Zip Code: 1934
  • Zip Code: 18940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $839
  • Tax Rate Code Area: 29

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 421,600
  • High Value: 480,167
  • Low Value: 363,033

    Market Valuation

  • Market Total Value: $251,064
  • Market Land Value: $89,787
  • Market Improvement Value: $161,277

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,600
  • Assessed Land Value: $8,440
  • Assessed Improvements Value: $15,160



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
5 Baths
-
$759,900 Mar 27, 2013
$759,900 Nov 27, 2013
$460/mo
House
3 Beds
5 Baths
-
$745,000 Sep 1, 2016
$745,000 Feb 3, 2017
$460/mo
House
4 Beds
3 Baths
-
$565,000 Oct 31, 2017
$565,000 Mar 13, 2018
-
Commercial
Loft
-
-
$700,000 Mar 3, 2023
-
$334/mo
Townhouse
3 Beds
3 Baths
-
$567,900 Apr 5, 2023
-
$155/mo

About Newtown


Similar Homes for Sale

Unit for sale at 17 Partridge Court, NEWTOWN, PA 18940

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  • 3 Beds
  • 3 Baths
17 Partridge Court, NEWTOWN, PA 18940 Listing by Daniel McCloskey
Unit for sale at 518 State Street, NEWTOWN, PA 18940

$700,000

  • Commercial
518 State Street, NEWTOWN, PA 18940 Listing by John Peppelman

Nearby Rentals



Frequently Asked Questions

When was property at 518 South State Street built and last sold?
The property at 518 South State Street was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 518 South State Street is $707,000.
What are some comparable homes to 518 South State Street?
Homes that are comparable to 518 South State Street include a commercial property at 518 State Street, a townhouse property at 17 Partridge Court, a house property at 12 Dunham.

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