NOT LISTED FOR SALE

Estimated Value: $800,000 - $852,625

4 Beds
2.5 Baths
3,564 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $725,000 $203 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,376/month

32 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Sun or Florida Room
  • Bridle Path Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2022

Welcome to 108 Magdalena Lane in the highly sought-after neighborhood of Penn Forest. You do not want to miss this beautifully landscaped home located in the desirable North Penn school district. This home has been meticulously maintained and improved by the current, original owner. As you enter the home, you are welcomed by a beautiful 2 story foyer with hard-wood flooring. On your right, living room and dining room boasts roman columns, crown molding and chair rail. On your left, an office with double doors and half bath. Continue into the open floor plan with the dine-in kitchen that comes complete with granite countertops, island, recessed and undercounter lighting, and breakfast area. Spacious family room with floor to ceiling stone gas fireplace and secondary oak staircase to second level. You will find an all-season sunroom off the kitchen that offers plenty of natural light with windows all around and door leading to a deck with retractable awning overlooking a spacious backyard. The second floor is accessible via one of the two oak staircases. The owner’s suite is spacious with room for king size bedroom set as well as ensuite bath and walk-in-closet. The second floor also includes hardwood flooring throughout the hallway leading to three additional bedrooms and another full bath. On the lower level you will find a finished basement with plenty of additional storage space. The home offers a 2-car garage with finished epoxy floor and extended driveway for extra parking. Upgraded 2x6 contruction offers a better insulated home. No HOA Fees. Convenient Access to Rt 202, Rt 309, Rt 463, Rt 611, Septa Trains, and PA Turnpike. Minutes to Costco, Montgomery Mall, Wegmans, Trader Joes, BJs, movies, grocery, restaurants, shopping, parks and schools. Nothing to do but just move in, unpack and enjoy your new home. This house is not to be missed. Schedule your showing today!

Last Agent to Sell the Property

Gina Harper

Homestarr Realty License #RS349442 Listed on: 07/07/2022

Homestarr Realty

Last Buyer's Agent

Michael Mooney

EXP Realty, LLC License #RS329303

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,560

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100.00 x 202.00
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Six Panel Doors
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Oil
  • 60 Gallon+ Electric Water Heater

Community Details

  • No Home Owners Association
  • Penn Forest Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 46-00-02575-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,560

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Valances and curtains in family room, kitchen, bedrooms, dining room, and living room.
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Rods and Blinds, Washer, Dryer, Refrigerator (kitchen and garage), curtains in sunroom and den, basement dehumidifier (ALL AS-IS, WHERE-IS)
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 108 Magdalena Lane in the highly sought-after neighborhood of Penn Forest. You do not want to miss this beautifully landscaped home located in the desirable North Penn school district. This home has been meticulously maintained and improved by the current, original owner. As you enter the home, you are welcomed by a beautiful 2 story foyer with hard-wood flooring. On your right, living room and dining room boasts roman columns, crown molding and chair rail. On your left, an office with double doors and half bath. Continue into the open floor plan with the dine-in kitchen that comes complete with granite countertops, island, recessed and undercounter lighting, and breakfast area. Spacious family room with floor to ceiling stone gas fireplace and secondary oak staircase to second level. You will find an all-season sunroom off the kitchen that offers plenty of natural light with windows all around and door leading to a deck with retractable awning overlooking a spacious backyard. The second floor is accessible via one of the two oak staircases. The owner’s suite is spacious with room for king size bedroom set as well as ensuite bath and walk-in-closet. The second floor also includes hardwood flooring throughout the hallway leading to three additional bedrooms and another full bath. On the lower level you will find a finished basement with plenty of additional storage space. The home offers a 2-car garage with finished epoxy floor and extended driveway for extra parking. Upgraded 2x6 contruction offers a better insulated home. No HOA Fees. Convenient Access to Rt 202, Rt 309, Rt 463, Rt 611, Septa Trains, and PA Turnpike. Minutes to Costco, Montgomery Mall, Wegmans, Trader Joes, BJs, movies, grocery, restaurants, shopping, parks and schools. Nothing to do but just move in, unpack and enjoy your new home. This house is not to be missed. Schedule your showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Refrigerator, Oven/Range - Electric, Microwave, Dishwasher
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Wood Floors
  • Window Features: Double Hung, Vinyl Clad
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s), Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Breakfast Room, Sun/Florida Room, Laundry, Office, Storage Room
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 3990
  • Living Area Sq Ft: 3564
  • Price Per Sq Ft: 269.72
  • Above Grade Finished Sq Ft: 2814
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 426
  • Total Below Grade Sq Ft: 1176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stucco, Stone
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Humidifier, Central
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: NORTH PENN
  • School District Key: 300200397039
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 1101
  • Lot Size Acres: 0.46
  • Lot Dimensions: 100.00 x 202.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20230.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 763060
  • School Tax: 7775.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 9560.00
  • Assessor Parcel Number: 46-00-02575-043
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 3564
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/22/2022

MLS Schools

  • School District Name: NORTH PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 22, 2022
Sold by
Parola John J and Parola Pamela A
Bought by
Martenak Jonathan Daniel and Martenak Kaitlyn Lucille
Seller's Agent
Gina Harper
Homestarr Realty
Buyer's Agent
Michael Mooney
EXP Realty, LLC
List Price
$774,900
Sold Price
$725,000
Premium/Discount to List
-$49,900
-6.44%
Views
2
Current Estimated Value
$829,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,406
Avg. Annual Appreciation
4.93%
Original Mortgage
$580,000
Outstanding Balance
$558,611
Interest Rate
5.22%
Mortgage Type
Balloon
Estimated Equity
$276,645

Purchase Details

Closed on
Aug 15, 1997
Sold by
Penn Forest Ltd Partnership
Bought by
Parola John J and Parola Pamela A
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martenak Jonathan Daniel $725,000 --
Parola John J $261,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martenak Jonathan Daniel $580,000
Previous Owner Parola Pamela A $100,000
Previous Owner Parola John J $343,000
Previous Owner Parola John J $50,000
Previous Owner Parola John J $91,000
Previous Owner Parola John J $340,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $725,000 -4.5% $203 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $759,000 -2.1% $213 / Sq Ft
07/13/2022 07/13/22 For Sale $774,900 0.0% $217 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $774,900 -- $217 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,386 $278,410 -- --
2024 $10,386 $278,410 -- --
2023 $9,909 $278,410 $0 $0
2022 $9,561 $278,410 $0 $0
2021 $8,989 $278,410 $0 $0
2020 $8,752 $278,410 $0 $0
2019 $8,588 $278,410 $0 $0
2018 $1,482 $278,410 $0 $0
2017 $8,221 $278,410 $0 $0
2016 $8,112 $278,410 $0 $0
2015 $7,747 $278,410 $0 $0
2014 $7,747 $278,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2043046

Bright MLS

APN: 46-00-02575-043