NOT LISTED FOR SALE

202 Fountain Farm Ln Unit 202 Newtown, PA 18940

Estimated Value: $347,000 - $404,000

2 Beds
2 Baths
1,270 Sq Ft
$265/mo HOA Fee

Last Sold September 29, 2023

Last sale price $318,000 $250 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,573/month

8 Days on Market

Highlights

  • Active Adult
  • Tennis Courts
  • Cats Allowed
  • Loft
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Well maintained second floor end unit with loft. Large main bedroom with full bath and Jacuzzi tub and large walk-in closet with organizing system. Unit amenities include updated kitchen with new dishwasher, hardwood floors, updated HVAC, new storm door. The building has a new roof, parking lot has been resurfaced and new curbs installed.

Last Agent to Sell the Property

Jay Spaziano

(215) 292-5898 jay@jayspaziano.com Jay Spaziano Real Estate License #0894683 Listed on: 08/26/2023

Co-Listed By

Gina Spaziano

(484) 213-0717 gina@jayspaziano.com Jay Spaziano Real Estate License #RS299032

Last Buyer's Agent

Brian Farrington

(215) 768-9651 brian.farrington@outlook.com Edward W. Langel Inc. Realtors License #2440186

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1990

Lot Details

  • 871

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Frame Construction

Interior Spaces

  • 1,270 Sq Ft Home
  • Property has 1.5 Levels
  • Loft
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 183-202
  • Assessor Parcel Number 29-047-183-202

Community Details

Overview

  • Active Adult
  • $750 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Newtown Gate Subdivision

Recreation

  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,822

Year Built

Built in 1990

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Fee Simple
  • Exclusions: hanging light fixture in kitchen will be capped
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-26
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Levels Count: 1.5
  • Room List: Loft
  • Basement: No
  • Total Sq Ft: 1270
  • Living Area Sq Ft: 1270
  • Price Per Sq Ft: 275.20
  • Above Grade Finished Sq Ft: 1270
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 265.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 750.00

Schools

  • School District: COUNCIL ROCK
  • School District Key: 300200397420
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1013
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: R2

Rental Info

  • Pets: Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 3022.00
  • Tax Annual Amount: 3822.00
  • Assessor Parcel Number: 29-047-183-202
  • Tax Lot: 183-202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Sep 19, 2023
Sold by
Zimmerman Ellwood H
Bought by
Killen Michael and Killen Maureen
Seller's Agent
Jay Spaziano
Jay Spaziano Real Estate
Buyer's Agent
Brian Farrington
Edward W. Langel Inc. Realtors
List Price
$349,500
Sold Price
$318,000
Premium/Discount to List
-$31,500
-9.01%
Views
234
Current Estimated Value
$376,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,526
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Jan 3, 2007
Sold by
Gutis Philip Scott and Clearfield Beth Dina
Bought by
Zimmerman Ellwood H and Zimmerman Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 1991
Bought by
Gutis Burton
Source: Public Records

Range of Values:

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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
Killen Michael $318,000 Aaron Abstract
Zimmerman Ellwood H $230,000 None Available
Gutis Burton $110,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zimmerman Ellwood H $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $318,000 -9.0% $250 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $349,500 -- $275 / 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 $3,995 $22,480 -- $22,480
2024 $3,995 $22,480 $0 $22,480
2023 $3,822 $22,480 $0 $22,480
2022 $3,748 $22,480 $0 $22,480
2021 $3,690 $22,480 $0 $22,480
2020 $3,513 $22,480 $0 $22,480
2019 $3,429 $22,480 $0 $22,480
2018 $3,364 $22,480 $0 $22,480
2017 $3,248 $22,480 $0 $22,480
2016 $3,225 $22,480 $0 $22,480
2015 -- $22,480 $0 $22,480
2014 -- $22,480 $0 $22,480
Source: Public Records

Agents Affiliated with this Home

  • Jay Spaziano

    Seller's Agent in 2023

    Jay Spaziano

    Jay Spaziano Real Estate

    (215) 292-5898

    53 in this area

    454 Total Sales

    Jay Spaziano
    Section Image

  • G

    Seller Co-Listing Agent in 2023

    Gina Spaziano

    Jay Spaziano Real Estate

    (484) 213-0717

    19 in this area

    193 Total Sales

    Gina Spaziano
    Section Image
  • Brian Farrington

    Buyer's Agent in 2023

    Brian Farrington

    Edward W. Langel Inc. Realtors

    (215) 768-9651

    2 in this area

    22 Total Sales

    Brian Farrington
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABU2055660

Bright MLS

APN: 29-047-183-202

Pennsylvania Bucks County Newtown 18940

202 Fountain Farm Ln Unit 202, Newtown, PA

This home is located at 202 Fountain Farm Ln Unit 202, Newtown, PA 18940 since 26 August 2023 and is currently estimated at $376,526, approximately $296 per square foot. This property was built in 1990. 202 Fountain Farm Ln Unit 202 is a home located in Bucks County with nearby schools including Goodnoe Elementary School, Newtown Middle School, and Council Rock High School North.

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