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86 East Cherry Lane

86 East Cherry Lane, Souderton, PA 18964
Property in Franconia
Sold Jan 05, 2015
$287,000
$100,000 by Bank Of America Na
Mortgage Due Jan 18, 2052
Sold Dec 31, 1998
$174,500
86 East Cherry Lane has been categorized by the local assessors in Souderton, PA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 7 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, 86 East Cherry Lane has 2,036 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 370 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 17,517 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. For the features and amenities located on the property. There is a no garage for those who require parking. The garage measured 129 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of alum/vinyl siding. 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 gas. 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. 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, 86 East Cherry Lane sold most recently in Jan 2, 2015 for a total of $287,000. If you work out the math, that's approximately a cost of $140.96 per sqft. Before that, the property was also sold for $174,500 in Dec 22, 1998. 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 $6,567 in taxes each year. 86 East Cherry Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $163,500. If we break it down further, the land itself was valued at $41,710. Improvements to the property, however, were assessed at a total of $121,790. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 370
  • Garage Type: None
  • Garage Square Area: 129
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,517
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,036
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBERT C ALDERFER
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 131 X IRR 17517 SF

Ownership

  • Current Owner : GARDNER THOMAS A
  • Current Owner 2: GARDNER JESSICA L
  • Previous Owner : CROCE JACQUELINE D
  • Owner Before Previous Owner: ROSANELLI FRANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Souderton Area School District
  • School Tax School District: SOUDERTON AREA
  • Census Tract: 207104

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: 34-001
  • District: 34
  • Parcel: 34-00-00721-10-9
  • Block: 1
  • Lot: 1
  • Municipality: FRANCONIA TOWNSHIP
  • Latitude: 40.3083
  • Longitude: -75.3117

    Address

  • Full Address: 86 E Cherry Ln
  • Address - House Number: 86
  • Street Direction: E
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Souderton
  • Carrier Code: C006
  • 4-Digit Zip Code: 1953
  • Zip Code: 18964

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,567
  • Tax Rate Code Area: 34

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 485,698
  • High Value: 566,299
  • Low Value: 405,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 18, 2052

    Market Valuation

  • Market Total Value: $163,500
  • Market Land Value: $41,710
  • Market Improvement Value: $121,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $163,500
  • Assessed Land Value: $41,710
  • Assessed Improvements Value: $121,790

    Sales

  • Current Sale Contract Date: Jan 02, 2015
  • Current Sale Recording Date: Jan 05, 2015
  • Current Sale Transaction ID: 1129985083
  • Current Sale Price: $287,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015000480
  • Previous Sale Recording Date: Dec 31, 1998
  • Previous Sale Contract Date: Dec 22, 1998
  • Previous Sale Amount: $174,500
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Jan 05, 2015
  • First Mortgage Loan Amount: $274,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

About Montgomery



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Frequently Asked Questions

What neighborhood is 86 East Cherry Lane located in?
The 86 East Cherry Lane is a located in the neighborhood of Franconia in Montgomery, Souderton.
What is the average sales price for listings in 86 East Cherry Lane?
The average sales price for units in 86 East Cherry Lane is $0 currently.

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