NOT LISTED FOR SALE

287 E Township Line Rd Souderton, PA 18964

Estimated Value: $485,691 - $567,000

0.9 Acre
$589,081 Price per Acre
39,204 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $260,000 $145 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,358/month

11 Days on Market

Highlights

  • 0.9 Acre Lot
  • No HOA
  • Crops
  • West Broad Street Elementary School Rated A
  • Interior Lot

About This Lot

As of December 2015

This property is being sold in tandem with 285 E. Township Line Rd. (parcel #34-00-04960-001) and will not be sold separately. The entire parcel includes two houses (1 circa 1850 stucco over stone farmhouse and 1 circa 1979 brick and siding rancher with over sized two car garage), 34.10 acres currently placed in Act 319 "Clean and Green" which offers tax incentives for 33.20 of the 34.10 acres. The acreage consists of heavy woods, open pasture, cultivated crops and the West Branch of the Neshaminy Creek runs through the woods. The property features multiple wells and operating septic systems and would be suitable for landscapers, horse enthusiasts, farming or possible subdivison. It is currently zoned as light industrial ground so it could also be considered for development under these zoning constraints. Please do not drive onto the property without making an appointment.

Last Agent to Sell the Property

Donna Young

(215) 740-0618 dyoung@cbpref.com Coldwell Banker Realty Listed on: 07/16/2015

Coldwell Banker Realty

Co-Listed By

John Price

(610) 828-9558 jprice@cbpref.com Realty One Group Restore - BlueBell License #RS192977L

Last Buyer's Agent

Charles Alderfer

(215) 723-5836 charlesalderfer@gmail.com RE/MAX Reliance

RE/MAX Reliance

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,719

Lot Details

  • 0.9 Acre Lot
  • Interior Lot
  • The property's topography is hillside, pasture, part wooded
  • Subdivision Possible
  • Property is zoned LI

Farming

  • Crops

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 060
  • Assessor Parcel Number 34-00-04961-009

Property Details

Property Type

Land

Est. Annual Taxes

$5,719

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 28.11

Exterior Features

  • 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
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Farm Operation: Row Crop
  • Lot Features: Subdivision Possible, Interior
  • Lot Size Acres: 0.90
  • Lot Dimensions: 00, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39133.00
  • Topography: Hillside, Pasture, Part Wooded
  • Zoning: LI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 688145
  • Tax Annual Amount: 5719.00
  • Assessor Parcel Number: 34-00-04961-009
  • Tax Lot: 060
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2016
Sold by
Dlap Llc
Bought by
Clarke Andrew and Mercadante Maleana D
Current Estimated Value
$530,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$35,617
Interest Rate
3.65%
Mortgage Type
Unknown
Estimated Equity
$494,556

Purchase Details

Listed on
Jul 16, 2015
Closed on
Dec 16, 2015
Sold by
Fosbenner James L and Fosbenner Sheila M
Bought by
Dlap Llc
Seller's Agent
Donna Young
Coldwell Banker Realty
Buyer's Agent
Charles Alderfer
RE/MAX Reliance
List Price
$1,100,000
Sold Price
$260,000
Premium/Discount to List
-$840,000
-76.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$140,000
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Myers June Alice
Bought by
Fosbenner James L and Fosbenner Sheila M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clarke Andrew $260,000 Attorney
Dlap Llc $260,000 None Available
Fosbenner James L $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Andrew $45,000
Open Clarke Andrew $156,000
Previous Owner Dlap Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2015 12/16/15 Sold $260,000 -76.4% $145 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $1,100,000 -- $613 / 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 $6,827 $170,000 $57,300 $112,700
2024 $6,827 $170,000 $57,300 $112,700
2023 $6,514 $170,000 $57,300 $112,700
2022 $6,316 $170,000 $57,300 $112,700
2021 $6,183 $170,000 $57,300 $112,700
2020 $6,099 $170,000 $57,300 $112,700
2019 $5,567 $170,000 $57,300 $112,700
2018 $6,025 $170,000 $57,300 $112,700
2017 $5,874 $170,000 $57,300 $112,700
2016 $5,808 $170,000 $57,300 $112,700
2015 $5,772 $170,000 $57,300 $112,700
2014 $5,650 $170,000 $57,300 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002658030

Bright MLS

APN: 34-00-04961-009