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8 Farber Drive

8 Farber Drive, Chalfont, PA 18914
Property in New Britain
Sold Sep 04, 1997
$180,000
$130,000 by Chase Manhattan Mtg Corp
Mortgage Due Sep 01, 2027
Sold May 13, 1977
$63,000
8 Farber Drive has been categorized by the local assessors in Chalfont, PA as a residential type of property. The building on the property was first built in 1974 and is 50 years old. 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, 8 Farber Drive has 2,266 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,730 ft and across the front of the lot is 1,150 ft. The area measurement of the land has been determined as 19,894 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 8 Farber Drive was last sold in Aug 9, 1997 for $180,000. According to our calculations, that's $79.44 per sqft. Prior to that sales transaction, the property was sold for $63,000 in May 13, 1977. Current property owners are expected to pay $5,973 in taxes per year. The property on 8 Farber Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,600. To break that down further, the land itself was valued at $6,760. While improvements to the property were assessed at a total of $28,840. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,894
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,266
  • Building Area: 2,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TOWER HILL WOODS
  • Land Acres: 0.457
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LOT #21 TOWER HILL WOODS 115X173

Ownership

  • Current Owner : RUPERT CLARKE D
  • Current Owner 2: RUPERT ALISA SOKOLIS
  • Previous Owner : WANTMAN STUART C
  • Previous Owner 2: WANTMAN LINDA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Bucks School District
  • School Tax School District: CENTRAL BUCKS S
  • Census Tract: 102003

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: 26-021
  • District: 26
  • Parcel: 26-021-103
  • Block: 21
  • Lot: 21
  • Municipality: NEW BRITAIN TOWNSHIP
  • Latitude: 40.3017
  • Longitude: -75.223

    Address

  • Full Address: 8 Farber Dr
  • Address - House Number: 8
  • Address - Street Name: Farber
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Chalfont
  • Carrier Code: C007
  • 4-Digit Zip Code: 1409
  • Zip Code: 18914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,973
  • Tax Rate Code Area: 26

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 560,551
  • High Value: 658,954
  • Low Value: 462,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 04, 1997
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2027

    Market Valuation

  • Market Total Value: $378,724
  • Market Land Value: $71,915
  • Market Improvement Value: $306,809

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,600
  • Assessed Land Value: $6,760
  • Assessed Improvements Value: $28,840

    Sales

  • Current Sale Contract Date: Aug 09, 1997
  • Current Sale Recording Date: Sep 04, 1997
  • Current Sale Transaction ID: 1126685009
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 066046
  • Previous Sale Recording Date: May 13, 1977
  • Previous Sale Contract Date: May 13, 1977
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: Sep 04, 1997
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2027

About Bucks



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8 Farber Drive located in?
The 8 Farber Drive is a located in the neighborhood of New Britain in Bucks, Chalfont.
What is the average sales price for listings in 8 Farber Drive?
The average sales price for units in 8 Farber Drive is $0 currently.

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