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940 Hollow Road

940 Hollow Road, Wayne, PA 19087
House in Tredyffrin
Sold Aug 07, 2020
$466,000
$372,800 by Loandepot.com Llc
Mortgage Due Aug 01, 2050
Sold Mar 04, 2020
Transfer
940 Hollow Road in Wayne, PA was first built in 1954 and is 70 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 split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 940 Hollow Road has 2,384 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 basement is 252 sqft and has been categorized as a full basement. In total, the area measurement of the land is 32,433 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 forced air unit and being fueled with oil. 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. The property was last sold in Jul 27, 2020 for $466,000. That's $195.47 per sqft. 940 Hollow Road was last assessed in 2024. The total value of the property was assessed at $277,960. Specifically, the land the property is located on was valued at $104,680. While improvements on the property were assessed at a total of $173,280. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,197. The initial tax year of delinquency was in 2017. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Split level
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 252
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,433
  • Total Building Area: 2,384
  • Gross Building Area: 2,384
  • Building Area: 2,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,384
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.745
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT & DWG

Ownership

  • Current Owner : GELLMAN MICHAEL S
  • Current Owner 2: URBAN GELLMAN ANNA
  • Previous Owner : CARSON BEN
  • Owner Before Previous Owner: LIVINGOOD CAROL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tredyffrin-Easttown School District
  • School Tax School District: TREDYFFRIN-EAST
  • Census Tract: 300109

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 25-G4
  • District: 43
  • Parcel: 4307N00530000
  • Lot: 2
  • Municipality: TREDYFFRIN
  • Latitude: 40.0615
  • Longitude: -75.3732

    Address

  • Full Address: 940 Hollow Rd
  • Address - House Number: 940
  • Address - Street Name: Hollow
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Wayne
  • Carrier Code: C016
  • 4-Digit Zip Code: 2808
  • Zip Code: 19087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,197
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 802,486
  • High Value: 936,747
  • Low Value: 668,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,800
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $372,800
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $277,960
  • Market Land Value: $104,680
  • Market Improvement Value: $173,280

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $277,960
  • Assessed Land Value: $104,680
  • Assessed Improvements Value: $173,280

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11779365070
  • Current Sale Price: $466,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11751985
  • Previous Sale Recording Date: Mar 04, 2020
  • Previous Sale Contract Date: Feb 07, 2020
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $372,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 940 Hollow Road located in?
The 940 Hollow Road is a house located in the neighborhood of Tredyffrin in Chester, Wayne.
What is the average sales price for listings in 940 Hollow Road?
The average sales price for units in 940 Hollow Road is $0 currently.

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