NOT LISTED FOR SALE

118 W Paletown Rd Quakertown, PA 18951

Richland Neighborhood

Estimated Value: $610,000

16 Acres
$38,077 Price per Acre
697,831 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $175,000 $189 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $4,088/month

37 Days on Market

About This Lot

As of October 2019

Two Lots One Price lots #36-039-022-001 2.22 Acres & 36-039-0022 16.02 Acres sold simultaneously. Both parcels total over 18+ Acres

Last Agent to Sell the Property

Pamela Vollrath

RE/MAX Centre Realtors Listed on: 06/07/2019

RE/MAX Centre Realtors

Last Buyer's Agent

Colleen Gular

RE/MAX 440 - Skippack License #RS181200L

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,578

Year Built

  • 1977

Lot Details

  • 16.02 Acre Lot
  • Additional Parcels
  • Property is zoned RA

Utilities

  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 36-039-022

Property Details

Property Type

Land

Est. Annual Taxes

$2,578

Year Built

1977

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: Two Lots One Price lots #36-039-022-001 2.22 Acres & 36-039-0022 16.02 Acres sold simultaneously. Both parcels total over 18+ Acres
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Price Per Sq Ft: 0.46
  • Street Number Modifier: 118

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: QUAKERTOWN COMMUNITY
  • School District Key: 300200397165
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Land Use Code: 2204
  • Lot Size Acres: 16.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 697918.00
  • Year Assessed: 2019
  • Zoning: RA
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 169862
  • School Tax: 2117.00
  • Tax Annual Amount: 2578.00
  • Assessor Parcel Number: 36-039-022
  • Tax Lot: 022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/04/2019

MLS Schools

  • School District Name: QUAKERTOWN COMMUNITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Covelens Deric A and Covelens Courtney L
Bought by
Covelens Deric A and Covelens Courtney L
Total Days on Market
37
Current Estimated Value
$610,000

Purchase Details

Listed on
Jun 7, 2019
Closed on
Oct 4, 2019
Sold by
Lemunyon C Barbara
Bought by
Covelens Deric A and Covelens Courtney L
Seller's Agent
Pamela Vollrath
RE/MAX Centre Realtors
Buyer's Agent
Colleen Gular
RE/MAX 440 - Skippack
List Price
$320,000
Sold Price
$175,000
Premium/Discount to List
-$145,000
-45.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.54%
Original Mortgage
$131,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1977
Bought by
Hackney Leon E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Covelens Deric A -- Laurel Abstarct Company
Covelens Deric A $175,000 Laurel Abstract
Hackney Leon E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covelens Courtney L $678,100
Closed Covelens Deric A $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $175,000 -45.3% $189 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $320,000 -- $346 / 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
2024 $10,202 $47,850 $6,240 $41,610
2023 $9,999 $47,850 $6,240 $41,610
2022 $9,837 $47,850 $6,240 $41,610
2021 $273 $19,710 $19,710 $0
2020 $3,191 $15,520 $5,720 $9,800
2019 $6,078 $15,520 $5,720 $9,800
2018 $3,003 $15,520 $5,720 $9,800
2017 $2,915 $15,520 $5,720 $9,800
2016 $2,915 $15,520 $5,720 $9,800
2015 -- $15,520 $5,720 $9,800
2014 -- $15,520 $5,720 $9,800
Source: Public Records

Agents Affiliated with this Home

  • Pamela Vollrath

    Seller's Agent in 2019

    Pamela Vollrath

    Re/Max Centre Realtors

    (215) 262-0239

    1 in this area

    165 Total Sales

    Pamela Vollrath
    Section Image
  • Colleen Gular

    Buyer's Agent in 2019

    Colleen Gular

    RE/MAX

    (267) 266-2084

    3 in this area

    75 Total Sales

    Colleen Gular
    Section Image
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Map

Source: Bright MLS

MLS Number: PABU471242

Bright MLS

APN: 36-039-022-001

Pennsylvania Bucks County Quakertown 18951 Richland

118 W Paletown Rd, Quakertown, PA

This home is located at 118 W Paletown Rd, Quakertown, PA 18951 since 07 June 2019 and is currently estimated at $610,000, approximately $660 per square foot. This property was built in 1977. 118 W Paletown Rd is a home located in Bucks County with nearby schools including Richland Elementary School, Strayer Middle School, and Quakertown Community Senior High School.

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