NOT LISTED FOR SALE

408 Penn Ln Springfield, PA 19064

Estimated Value: $478,656 - $550,000

3 Beds
2 Baths
1,984 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $440,000 $222 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,325/month

3 Days on Market

Highlights

  • Attic
  • No HOA
  • Shed
  • Springfield High School Rated A-
  • 1 Car Direct Access Garage
  • 2-minute walk to Gillespie Park

About This Home

As of May 2023

Welcome to 408 Penn Lane a spacious split-level home located on a cul-de-sac in the desirable Springfield school district. As you enter the home you'll be greeted by the new beautiful flooring and tons of natural light in the spacious living room. The living room flows right into the dining room that has a new custom grid accent wall that you will fall in love with. The renovated kitchen boasts ample cabinets space, granite counters and stainless steel appliances. On the lower level, you'll find a large family room, laundry, and a full bathroom. This level allows access to the side patio. The family room has steps down to the lowest level of the home that has the ability to be finished as a playroom, workout room, office or keep it as storage area/work room. This level has access to your one car garage. The upper level features a large primary bedroom with great closet space, as well as two additional great sized bedrooms and a full bathroom. There are also pull-down stairs to access the floored attic space that is amazing for additional storage. Outside you'll find a large yard that will be perfect for summer entertaining! This home is conveniently located close to 476, the Springfield YMCA, and lots of shopping and restaurants. Don't miss out on your opportunity to make this beautiful property your new home!

Last Agent to Sell the Property

Nicole Erickson

(610) 520-0100 info@mainlinekw.com Keller Williams Main Line Brokerage Phone: 6105200100 License #RS340310 Listed on: 04/03/2023

Keller Williams Main Line

Last Buyer's Agent

Erica Deuschle

(610) 520-0100 info@mainlinekw.com Keller Williams Main Line License #RS311481

Keller Williams Main Line

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,190

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 55.00 x 181.52

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed

Schools

  • Springfield High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 170-000
  • Assessor Parcel Number 42-00-04663-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,190

Year Built

Built in 1950

Lot Details

0.31 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Exclusions: Washer, dryer, Beer fridge, swingset, grey shelves in living room
  • Inclusions: Kitchen fridge
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 4/3/2023 12:00:00 AM
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1984
  • Price Per Sq Ft: 226.81
  • Above Grade Finished Sq Ft: 1984
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • High School: SPRINGFIELD

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 55.00 x 181.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 5390.00
  • Tax Annual Amount: 7190.00
  • Assessor Parcel Number: 42-00-04663-00
  • Tax Lot: 170-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: SPRINGFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 11, 2023
Sold by
Varacalli Megan Noel
Bought by
Ickes Cheyenne S and Romero Ross A
Seller's Agent
Nicole Erickson
Keller Williams Main Line
Buyer's Agent
Erica Deuschle
Keller Williams Main Line
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
91
Current Estimated Value
$522,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,400
Avg. Annual Appreciation
6.00%
Original Mortgage
$414,300
Outstanding Balance
$402,632
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$116,282

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jun 23, 2020
Sold by
Bingaman Brian S and Bolger Colleen A
Bought by
Varacalli Megan Noel and Varacalli Nicholas
Seller's Agent
Deanna Albanese
Long & Foster Real Estate, Inc.
Buyer's Agent
Nicole Erickson
Keller Williams Main Line
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$294,467
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 25, 2012
Closed on
Mar 17, 2013
Sold by
Krisac Ryan D and Canamucio Natalie A
Bought by
Bingaman Brian S and Bolger Colleen A
Seller's Agent
Nancy Nowrey-Gerstenkorn
Premier Property Sales & Rentals
Buyer's Agent
Deanna Albanese
Long & Foster Real Estate, Inc.
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$255,290
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2009
Sold by
Martin Dany A and Martin Samantha
Bought by
Krisac Ryan D and Canamucio Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
5.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2000
Sold by
Fair Rita G
Bought by
Martin Dany A and Martin Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
8.28%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Ickes Cheyenne S $440,000 None Listed On Document
Varacalli Megan Noel $299,900 Weichert Closing Services Co
Bingaman Brian S $260,000 None Available
Krisac Ryan D $265,000 None Available
Martin Dany A $147,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ickes Cheyenne S $414,300
Previous Owner Varacalli Megan Noel $294,467
Previous Owner Bingaman Brian S $255,290
Previous Owner Krisac Ryan D $251,750
Previous Owner Martin Dany A $139,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2023 05/11/23 Sold $440,000 -2.2% $222 / Sq Ft
04/03/2023 04/03/23 For Sale $450,000 +50.1% $227 / Sq Ft
06/30/2020 06/30/20 Sold $299,900 0.0% $151 / Sq Ft View Prior Sale
05/10/2020 05/10/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $299,900 0.0% $151 / Sq Ft
05/05/2020 05/05/20 Off Market $299,900 -- --
02/20/2020 02/20/20 For Sale $299,900 0.0% $151 / Sq Ft
02/12/2020 02/12/20 Off Market $299,900 -- --
01/27/2020 01/27/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $299,900 +15.3% $151 / Sq Ft
04/05/2013 04/05/13 Sold $260,000 -1.0% $131 / Sq Ft View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
11/05/2012 11/05/12 Price Changed $262,500 -1.9% $132 / Sq Ft
08/15/2012 08/15/12 Price Changed $267,500 -4.1% $135 / Sq Ft
07/20/2012 07/20/12 Price Changed $279,000 -3.5% $141 / Sq Ft
06/25/2012 06/25/12 For Sale $289,000 -- $146 / Sq Ft
Source: Bright MLS

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 $7,633 $271,560 $110,940 $160,620
2024 $7,633 $271,560 $110,940 $160,620
2023 $7,350 $271,560 $110,940 $160,620
2022 $7,191 $271,560 $110,940 $160,620
2021 $11,136 $271,560 $110,940 $160,620
2020 $6,476 $142,920 $53,340 $89,580
2019 $6,324 $142,920 $53,340 $89,580
2018 $6,234 $142,920 $0 $0
2017 $6,089 $142,920 $0 $0
2016 $784 $142,920 $0 $0
2015 $784 $142,920 $0 $0
2014 $784 $142,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2043930

Bright MLS

APN: 42-00-04663-00

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