NOT LISTED FOR SALE

22 Locust Ln Newtown, PA 18940

Estimated Value: $537,316 - $566,000

3 Beds
2.5 Baths
2,020 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $367,000 $182 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,429/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Newtown Elementary School Rated A
  • 1 Car Attached Garage

About This Home

As of March 2021

New Roof, New Heater and New Air Conditioner. Great Location on a cul-de-sac in the highly sought after Newtown Grant community. Sellers just painted the whole house, Installed New Carpet on the staircase and in all the bedrooms. Just installed new ceramic floors in the kitchen, breakfast area and laundry room. Council Rock schools and very convenient to major Highways. There is 600 square feet of private backyard for family entertainment. Easy access to near major shopping center and Tyler State Park and shopping areas. Tennis courts, swimming pool and miles of sidewalk for walking and jogging. Very low association fee.

Last Agent to Sell the Property

Anthony Roth

(215) 470-7748 anthonyfromremax@gmail.com RE/MAX Properties - Newtown License #1110612 Listed on: 12/19/2020

RE/MAX Properties - Newtown

Last Buyer's Agent

Patricia Menow

(215) 498-2353 patty@pattymenow.com RE/MAX Properties - Newtown License #RS206844L

RE/MAX Properties - Newtown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,510

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 18.00 x 40.00
  • Property is in average condition

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 29-040-140

Community Details

Overview

  • Newtown Grant Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,510

Year Built

Built in 1987

Lot Details

0

HOA Fees

$48 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer Dryer Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-12-19
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: New Roof, New Heater and New Air Conditioner. Great Location on a cul-de-sac in the highly sought after Newtown Grant community. Sellers just painted the whole house, Installed New Carpet on the staircase and in all the bedrooms. Just installed new ceramic floors in the kitchen, breakfast area and laundry room. Council Rock schools and very convenient to major Highways. There is 600 square feet of private backyard for family entertainment. Easy access to near major shopping center and Tyler State Park and shopping areas. Tennis courts, swimming pool and miles of sidewalk for walking and jogging. Very low association fee.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2020
  • Living Area Sq Ft: 2020
  • Price Per Sq Ft: 190.59
  • Above Grade Finished Sq Ft: 2020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 3
  • 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: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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

  • HOA Fees: 144.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 25240.00
  • Land Assessed Value: 2920.00
  • Land Use Code: 1006
  • Lot Dimensions: 18.00 x 40.00
  • Lot Size Units: Square Feet
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 135732
  • School Tax: 3667.00
  • Tax Annual Amount: 4510.00
  • Assessor Parcel Number: 29-040-140
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 2020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/02/2021

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 2, 2021
Sold by
Medepalli Ramana V and Medepalli Bala K
Bought by
Dischinger Frank E
Seller's Agent
Anthony Roth
RE/MAX Properties - Newtown
Buyer's Agent
Patricia Menow
RE/MAX Properties - Newtown
List Price
$385,000
Sold Price
$367,000
Premium/Discount to List
-$18,000
-4.68%
Current Estimated Value
$556,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,829
Avg. Annual Appreciation
9.46%
Original Mortgage
$275,250
Outstanding Balance
$246,742
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$310,087

Purchase Details

Closed on
Aug 6, 1987
Sold by
F P A Corp
Bought by
Medepalli Ramana and Medepalli Bala K
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
Dischinger Frank E $367,000 Principle Abstract & Settlem
Medepalli Ramana $138,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dischinger Frank E $275,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $367,000 -4.7% $182 / Sq Ft
02/05/2021 02/05/21 For Sale $385,000 0.0% $191 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $385,000 +4.9% $191 / Sq Ft
01/11/2021 01/11/21 Off Market $367,000 -- --
12/19/2020 12/19/20 For Sale $385,000 0.0% $191 / Sq Ft
01/07/2015 01/07/15 Rented $2,100 0.0% --
01/06/2015 01/06/15 Under Contract -- -- --
11/18/2014 11/18/14 For Rent $2,100 +5.0% --
06/07/2013 06/07/13 Rented $2,000 -9.1% --
05/28/2013 05/28/13 Under Contract -- -- --
03/04/2013 03/04/13 For Rent $2,200 -- --
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 $5,005 $28,160 $2,920 $25,240
2024 $5,005 $28,160 $2,920 $25,240
2023 $1,002 $28,160 $2,920 $25,240
2022 $4,696 $28,160 $2,920 $25,240
2021 $4,623 $28,160 $2,920 $25,240
2020 $4,400 $28,160 $2,920 $25,240
2019 $4,296 $28,160 $2,920 $25,240
2018 $4,214 $28,160 $2,920 $25,240
2017 $4,068 $28,160 $2,920 $25,240
2016 $4,040 $28,160 $2,920 $25,240
2015 -- $28,160 $2,920 $25,240
2014 -- $28,160 $2,920 $25,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU517562

Bright MLS

APN: 29-040-140