NOT LISTED FOR SALE

118 Springhead Rd Gap, PA 17527

Estimated Value: $674,000 - $935,000

2 Beds
1 Bath
2,970 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $750,000 $253 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,373/month

40 Days on Market

Highlights

  • Stables
  • 2 Acre Lot
  • No HOA
  • Panoramic View
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of August 2022

This property is being offered at a live onsite Public Auction on Thursday, July 12, 2022 at 6PM. The listed price is not the sale price. Property may sell for higher or lower than the listed price at public auction. Auction terms: 10% Down Payment Day of Auction, Buyer Pays All Realty Transfer Taxes. Property Taxes Prorated at Settlement, Settlement by August 26, 2022.

Property consists of a bilevel home with an attached one story in-law quarters and a 20'X50' two story barn/garage on a county 2 acre lot with fenced pasture area. The bilevel dwelling contains 2 bedrooms, living room, eat in kitchen and full bath on the main level, and a family room, shop are and laundry room on the lower level. There is a covered deck to the rear. This dwelling is heated with an oil fired hot water heating system. There is an attached one story in-law quarters with 2 bedrooms, living/kitchen/dining combination with cathedral ceiling and a full bath. This unit has access to the main dwelling and laundry. This unit has oil hot water heat in the floor, plus a heat pump split system with central a/c. The is a detached 20'x50" two story barn with 2 garage spaces, 2 box stalls and a shop area on the first level, and two unfinished storage rooms on the upper level. There is a fenced pasture area to the rear of the property. The property comes with an above ground swimming pool too. Great country location with easy access to major routes. Don't miss it!!

Last Agent to Sell the Property

Steve Barr

(717) 587-4396 steve@barr1.com Barr Realty Inc. License #RM419125 Listed on: 06/02/2022

Last Buyer's Agent

Steve Barr

(717) 587-4396 steve@barr1.com Barr Realty Inc. License #RM419125 Listed on: 06/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 1908

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Wire Fence
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned AGRICULTURAL

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Gravel Driveway

Property Views

  • Panoramic
  • Pasture

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Laundry on lower level

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Improved Basement

  • Walk-Out Basement
  • Basement Windows

Schools

  • Pequea Valley Middle School
  • Pequea Valley High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Radiant Heating System
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • On Site Septic
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 560-50716-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,754

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1908
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven/Range - Gas
  • Flooring Type: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Exposed Beams
  • Window Features: Insulated
  • Door Features: Insulated
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Daylight, Partial, Improved, Walkout Level, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2970
  • Living Area Sq Ft: 2970
  • Price Per Sq Ft: 222.97
  • Above Grade Finished Sq Ft: 2220
  • Below Grade Finished Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Stable
  • Construction Materials: Frame, Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Shingle
  • View: Panoramic, Pasture
  • 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: Crushed Stone, Gravel Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s), Baseboard - Hot Water, Radiant
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PEQUEA VALLEY
  • Middle Or Junior School: PEQUEA VALLEY

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Fencing: Wire
  • Horse Amenities: Stable(s), Horses Allowed
  • Improvement Assessed Value: 168200.00
  • Land Assessed Value: 93000.00
  • Lot Features: Cleared, Level, Open, Rural
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: AGRICULTURAL

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4141150
  • School Tax: 3994.00
  • Tax Annual Amount: 4754.00
  • Assessor Parcel Number: 560-50716-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: PEQUEA VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 12, 2022
Sold by
Mcqueen Edward S
Bought by
Stoltzfus Ervin Lee and Stoltzfus Lydia Ann
Seller's Agent
Steve Barr
Barr Realty Inc.
Buyer's Agent
Steve Barr
Barr Realty Inc.
List Price
$495,000
Sold Price
$750,000
Premium/Discount to List
$255,000
51.52%
Current Estimated Value
$763,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,973
Avg. Annual Appreciation
0.54%
Original Mortgage
$385,000
Outstanding Balance
$368,628
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$395,345

Purchase Details

Closed on
Nov 22, 2010
Sold by
Mcqueen Edward S
Bought by
Mcqueen Edward S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records
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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
Stoltzfus Ervin Lee $750,000 Abstract Associates Of Lancast
Mcqueen Edward S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoltzfus Ervin Lee $385,000
Previous Owner Mcqueen Edward S $78,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $750,000 +51.5% $253 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $495,000 -- $167 / 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 $5,017 $261,200 $93,000 $168,200
2024 $5,017 $261,200 $93,000 $168,200
2023 $4,856 $261,200 $93,000 $168,200
2022 $4,755 $261,200 $93,000 $168,200
2021 $4,658 $261,200 $93,000 $168,200
2020 $4,658 $261,200 $93,000 $168,200
2019 $4,595 $261,200 $93,000 $168,200
2018 $7,488 $261,200 $93,000 $168,200
2017 $5,397 $244,900 $59,800 $185,100
2016 $5,397 $244,900 $59,800 $185,100
2015 $959 $244,900 $59,800 $185,100
2014 $4,188 $244,900 $59,800 $185,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2018800

Bright MLS

APN: 560-50716-0-0000