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519 Penny Lane

519 Penny Lane, Perkasie, PA 18944
Property in Perkasie
Sold Sep 16, 1998
$182,935
$173,400 by Huntingdon Valley Fsb
Mortgage Due Sep 01, 2028
519 Penny Lane in Perkasie, PA was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 519 Penny Lane has 2,128 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 790 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 8,538 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 519 Penny Lane sold most recently in Aug 31, 1998 for a total of $182,935. If you work out the math, that's approximately a cost of $85.97 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,921 in taxes each year. 519 Penny Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,840. If we break it down further, the land itself was valued at $8,160. Improvements to the property, however, were assessed at a total of $26,680. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,538
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 790
  • Total Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,128
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND WOODS
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: LOT 25 HIGHLAND WOODS 79X124IRR 9,818SF

Ownership

  • Current Owner : MAY BRIAN M
  • Current Owner 2: MAY JENNIFER A
  • Previous Owner : SAL LAPIO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pennridge School District
  • School Tax School District: PENNRIDGE SD
  • Census Tract: 102401

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: 33-006
  • District: 33
  • Parcel: 33-006-191-026
  • Block: 6
  • Lot: 25
  • Municipality: PERKASIE BOROUGH
  • Latitude: 40.3803
  • Longitude: -75.2847

    Address

  • Full Address: 519 Penny Ln
  • Address - House Number: 519
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Perkasie
  • Carrier Code: C006
  • 4-Digit Zip Code: 1581
  • Zip Code: 18944

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,921
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 500,498
  • High Value: 580,690
  • Low Value: 420,307

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $326,600
  • First Open Lien Mortgage Lender: HUNTINGDON VALLEY FSB
  • First Open Lien Mortgage Recording Date: Sep 16, 1998
  • First Open Lien Mortgage Loan Amount: $173,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2028
  • Second Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • Second Open Lien Mortgage Recording Date: Oct 10, 2018
  • Second Open Lien Mortgage Loan Amount: $153,200
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Oct 23, 2033

    Market Valuation

  • Market Total Value: $370,639
  • Market Land Value: $86,809
  • Market Improvement Value: $283,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,840
  • Assessed Land Value: $8,160
  • Assessed Improvements Value: $26,680

    Sales

  • Current Sale Contract Date: Aug 31, 1998
  • Current Sale Recording Date: Sep 16, 1998
  • Current Sale Transaction ID: 1123682109
  • Current Sale Price: $182,935
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 091052

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGDON VALLEY FSB
  • First Mortgage Transaction Date: Sep 16, 1998
  • First Mortgage Loan Amount: $173,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2028

About Perkasie



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Frequently Asked Questions

What neighborhood is 519 Penny Lane located in?
The 519 Penny Lane is a located in the neighborhood of Perkasie in Perkasie, Perkasie.
What is the average sales price for listings in 519 Penny Lane?
The average sales price for units in 519 Penny Lane is $0 currently.

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