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638 New Market Drive

638 New Market Drive, Souderton, PA 18964
Property in Franconia
Sold Nov 24, 2010
$247,500
Sold Feb 04, 1998
$128,525
Local assessors in Souderton, PA have categorized 638 New Market Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 4,632 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 is one full bathroom. There are also 2 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 638 New Market Drive has a total of 1,632 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. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 638 New Market Drive was last sold in Oct 22, 2010 for $247,500. According to our calculations, that's $151.65 per sqft. Prior to that sales transaction, the property was sold for $128,525 in Jan 23, 1998. Current property owners are expected to pay $5,295 in taxes per year. The property on 638 New Market Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $131,870. To break that down further, the land itself was valued at $39,060. While improvements to the property were assessed at a total of $92,810. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: None
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,632
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,632
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BANBURY PH 04
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 33 X IRR 4632 SF

Ownership

  • Current Owner : FONDA WENDY L
  • Current Owner 2: FONDA FREDERICK J
  • Previous Owner : BACH ROBERT BRUCE
  • Previous Owner 2: BACH MONICA L
  • Owner Before Previous Owner: BANBURY LTD PARTNERSHIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Souderton Area School District
  • School Tax School District: SOUDERTON AREA
  • Census Tract: 207101

Zoning

  • Zoning: R175

Geography

  • Assessors Map Reference: 34-028B
  • District: 34
  • Parcel: 34-00-04073-67-2
  • Block: 28B
  • Lot: 196
  • Municipality: FRANCONIA TOWNSHIP
  • Latitude: 40.29
  • Longitude: -75.3312

    Address

  • Full Address: 638 New Market Dr
  • Address - House Number: 638
  • Address - Street Name: New Market
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Souderton
  • Carrier Code: R005
  • 4-Digit Zip Code: 2269
  • Zip Code: 18964

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,295
  • Tax Rate Code Area: 34

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 423,319
  • High Value: 493,569
  • Low Value: 353,070

    Market Valuation

  • Market Total Value: $131,870
  • Market Land Value: $39,060
  • Market Improvement Value: $92,810

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $131,870
  • Assessed Land Value: $39,060
  • Assessed Improvements Value: $92,810

    Sales

  • Current Sale Contract Date: Oct 22, 2010
  • Current Sale Recording Date: Nov 24, 2010
  • Current Sale Transaction ID: 1134097040
  • Current Sale Price: $247,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010107387
  • Previous Sale Recording Date: Feb 04, 1998
  • Previous Sale Contract Date: Jan 23, 1998
  • Previous Sale Amount: $128,525
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCK SHARP & DOHME FCU
  • First Mortgage Transaction Date: Nov 24, 2010
  • First Mortgage Loan Amount: $197,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 638 New Market Drive located in?
The 638 New Market Drive is a located in the neighborhood of Franconia in Montgomery, Souderton.
What is the average sales price for listings in 638 New Market Drive?
The average sales price for units in 638 New Market Drive is $0 currently.

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