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575 Summit Lane

575 Summit Lane, Riegelsville, PA 18077
House in Durham
Sold Jul 30, 2020
$650,000
$450,000 by Embassy Bank For The Lehigh Va
Mortgage
Sold May 19, 2010
$530,000
$417,000 by Premia Mortgage Llc
Mortgage Due Jun 01, 2040
575 Summit Lane has been categorized by the local assessors in Riegelsville, PA as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 575 Summit Lane has 4,276 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 121,097 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 575 Summit Lane was last sold in Jul 14, 2020 for $650,000. According to our calculations, that's $152.01 per sqft. Prior to that sales transaction, the property was sold for $530,000 in May 7, 2010. Current property owners are expected to pay $8,695 in taxes per year. The property on 575 Summit Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $58,280. To break that down further, the land itself was valued at $13,200. While improvements to the property were assessed at a total of $45,080. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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

Stone Exterior
Stucco Exterior

Parking

On-Street Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 121,097
  • Total Building Area: 4,276
  • Building Area: 4,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,276
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: DURHAM HILL FARMS
  • Land Acres: 2.78
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: LOT #39 DURHAM HILL FARMS 2.7806A

Ownership

  • Current Owner : WONG STEPHEN
  • Current Owner 2: SCOTTO VICTORIA A
  • Previous Owner : VESTIGO STEVEN F
  • Previous Owner 2: VESTIGO KATHRYN C
  • Owner Before Previous Owner: PENTECOST JOHN F
  • Owner Before Previous Owner 2: PENTECOST HELLEN KAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palisades School District
  • School Tax School District: PALISADES SD
  • Census Tract: 106600

Zoning

  • Zoning: RP

Geography

  • Assessors Map Reference: 11-004
  • District: 11
  • Parcel: 11-004-087
  • Block: 4
  • Lot: 39
  • Municipality: DURHAM TOWNSHIP
  • Latitude: 40.5585
  • Longitude: -75.2307

    Address

  • Full Address: 575 Summit Ln
  • Address - House Number: 575
  • Address - Street Name: Summit
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Riegelsville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9728
  • Zip Code: 18077

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,695
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 841,115
  • High Value: 966,155
  • Low Value: 716,075

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: EMBASSY BANK FOR THE LEHIGH VA
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $620,000
  • Market Land Value: $140,426
  • Market Improvement Value: $479,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,280
  • Assessed Land Value: $13,200
  • Assessed Improvements Value: $45,080

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11775933577
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020049274
  • Previous Sale Recording Date: May 19, 2010
  • Previous Sale Contract Date: May 07, 2010
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBASSY BANK FOR THE LEHIGH VA
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: PREMIA MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 19, 2010
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Bucks



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Frequently Asked Questions

What neighborhood is 575 Summit Lane located in?
The 575 Summit Lane is a house located in the neighborhood of Durham in Bucks, Riegelsville.
What is the average sales price for listings in 575 Summit Lane?
The average sales price for units in 575 Summit Lane is $0 currently.

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