NOT LISTED FOR SALE

Estimated Value: $574,000 - $676,699

5 Beds
3.5 Baths
3,280 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $377,500 $115 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,012/month

167 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Direct Access Garage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of October 2018

Welcome to the wonderful community of Academy Place where you will find one beautiful home after another. When you arrive at 1140 Presidential Dr. you will smile at the wonderful curb appeal of this well maintained home. Walk up to the covered front porch and enter into a 2 story foyer with its gleaming HWD floors. To your left you have a nice size living room and to your right you have an expanded dining room with chair and crown molding. If you are looking for a bright, open and airy floor plan, you will find it here! Continue on to a two-story family room with a vaulted ceiling, two walls of windows, a floating walkway and a wood-burning fireplace which is ready to warm your souls on cool winter nights. The family room flows into an expansive eat-in kitchen with Corian counter tops and a double recessed sink, matching appliances including a gas cook top, rich wood cabinetry, an island with bar stool seating, a pantry and a desk/Butler station area. The kitchen continues on to a four-season Florida room with three walls of windows with backyard views and a vaulted ceiling. This main level boasts an In-law suite including a spacious bedroom and a full en suite. The first floor is completed with a laundry/mudroom with outdoor access and a well appointed powder room. Stroll upstairs to the living quarters to find a wonderful view of your family room from the loft area, four spacious bedrooms including a MBR suite with an expansive walk-in closet and a tiled MBA with a 2 person jetted tub, dual vanities, a nice size shower and a large custom window. This level also boasts a well appointed family bathroom. If you are in need of more room stroll down to the basement to find the perfect place to create an entertainment area, theater area and so much more. If you enjoy fair weather activities, you are going to revel in your flat, large and mostly fenced in backyard. This is the perfect place to entertain your friends and family at your summer get-togethers. Honorable mentions to this home include 9' ceilings throughout, an over-sized two car garage, a basement egress window, energy efficient mechanicals and a very quiet and private setting. All this is located just a short stroll from parks, public schools, fantastic eateries and shopping centers, area hospitals and all major thoroughfares. A window replacement is on order.

Last Agent to Sell the Property

Nathan Guttman

Keller Williams Real Estate - Allentown Listed on: 02/02/2018

Keller Williams Real Estate -  Allentown

Last Buyer's Agent

Kathy Wickel

Keller Williams Real Estate-Doylestown

Keller Williams Real Estate-Doylestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 79x159
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned SRL

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,280 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • Richland Elementary School
  • Strayer Middle School
  • Quakertown Community Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Academy Place Subdivision

Listing and Financial Details

  • Tax Lot 045-014
  • Assessor Parcel Number 36-027-045-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,500

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2004
  • Remarks Public: Welcome to the wonderful community of Academy Place where you will find one beautiful home after another. When you arrive at 1140 Presidential Dr. you will smile at the wonderful curb appeal of this well maintained home. Walk up to the covered front porch and enter into a 2 story foyer with its gleaming HWD floors. To your left you have a nice size living room and to your right you have an expanded dining room with chair and crown molding. If you are looking for a bright, open and airy floor plan, you will find it here! Continue on to a two-story family room with a vaulted ceiling, two walls of windows, a floating walkway and a wood-burning fireplace which is ready to warm your souls on cool winter nights. The family room flows into an expansive eat-in kitchen with Corian counter tops and a double recessed sink, matching appliances including a gas cook top, rich wood cabinetry, an island with bar stool seating, a pantry and a desk/Butler station area. The kitchen continues on to a four-season Florida room with three walls of windows with backyard views and a vaulted ceiling. This main level boasts an In-law suite including a spacious bedroom and a full en suite. The first floor is completed with a laundry/mudroom with outdoor access and a well appointed powder room. Stroll upstairs to the living quarters to find a wonderful view of your family room from the loft area, four spacious bedrooms including a MBR suite with an expansive walk-in closet and a tiled MBA with a 2 person jetted tub, dual vanities, a nice size shower and a large custom window. This level also boasts a well appointed family bathroom. If you are in need of more room stroll down to the basement to find the perfect place to create an entertainment area, theater area and so much more. If you enjoy fair weather activities, you are going to revel in your flat, large and mostly fenced in backyard. This is the perfect place to entertain your friends and family at your summer get-togethers. Honorable mentions to this home include 9' ceilings throughout, an over-sized two car garage, a basement egress window, energy efficient mechanicals and a very quiet and private setting. All this is located just a short stroll from parks, public schools, fantastic eateries and shopping centers, area hospitals and all major thoroughfares. A window replacement is on order.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3280
  • Living Area Sq Ft: 3280
  • Net Sq Ft: 3280.00
  • Price Per Sq Ft: 115.85
  • Above Grade Finished Sq Ft: 3280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1140

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: QUAKERTOWN COMMUNITY
  • Elementary School: RICHLAND
  • Middle School: STRAYER
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • School District Key: 300200397165
  • Elementary School: RICHLAND
  • High School: QUAKERTOWN COMMUNITY SENIOR
  • Middle Or Junior School: STRAYER

Lot Info

  • Improvement Assessed Value: 51880.00
  • Land Assessed Value: 6920.00
  • Land Use Code: 1010
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.29
  • Lot Dimensions: 79X159
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12543.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: SRL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2508674
  • Tax Annual Amount: 7500.00
  • Assessor Parcel Number: 36-027-045-014
  • Tax Lot: 045-014
  • Tax Year: 2018
  • Close Date: 10/10/2018

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Oct 10, 2018
Sold by
Patel Kaushik C and Patel Jaimini K
Bought by
Pallone Jon and Pallone Rebecca
Seller's Agent
Nathan Guttman
Keller Williams Real Estate - Allentown
Buyer's Agent
Kathy Wickel
Keller Williams Real Estate-Doylestown
List Price
$435,000
Sold Price
$377,500
Premium/Discount to List
-$57,500
-13.22%
Current Estimated Value
$622,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,175
Avg. Annual Appreciation
7.50%
Original Mortgage
$339,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Pallone Jon $377,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallone Jon $318,000
Closed Pallone Jon $336,000
Closed Pallone Jon $339,750
Previous Owner Patel Kaushik C $348,000
Previous Owner Patel Kaushik C $22,000
Previous Owner Patel Kaushik C $75,000
Previous Owner Patel Jaimini K $365,500
Previous Owner Patel Jaimini K $22,000
Previous Owner Patel Kaushik C $391,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $377,500 -0.7% $115 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/17/2018 06/17/18 Price Changed $380,000 -4.3% $116 / Sq Ft
04/21/2018 04/21/18 Price Changed $397,000 -6.6% $121 / Sq Ft
02/27/2018 02/27/18 Price Changed $425,000 -2.3% $130 / Sq Ft
02/02/2018 02/02/18 For Sale $435,000 -- $133 / 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 $7,740 $36,300 $6,900 $29,400
2024 $7,740 $36,300 $6,900 $29,400
2023 $7,585 $36,300 $6,900 $29,400
2022 $7,463 $36,300 $6,900 $29,400
2021 $7,463 $36,300 $6,900 $29,400
2020 $7,463 $36,300 $6,900 $29,400
2019 $7,265 $36,300 $6,900 $29,400
2018 $11,379 $58,800 $6,920 $51,880
2017 $11,044 $58,800 $6,920 $51,880
2016 $11,044 $58,800 $6,920 $51,880
2015 -- $58,800 $6,920 $51,880
2014 -- $58,800 $6,920 $51,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005921225

Bright MLS

APN: 36-027-045-014