NOT LISTED FOR SALE

498 N School Ln Souderton, PA 18964

Estimated Value: $434,000 - $468,000

3 Beds
1.5 Baths
1,720 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $350,000 $203 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,862/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • Indian Crest Middle School Rated A-
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of June 2021

Beautiful home in the Borough of Souderton. This home features 3 bedrooms plus a finished but unheated bonus room over the garage. Upon entering this home you'll find lovely foyer, large living room with brick fireplace, a formal dining room, spacious kitchen with stainless appliances and pantry closet. The kitchen also features a breakfast area with a sliding patio door leading to the large fenced in rear yard. Next to the breakfast area is a spacious but cozy family room. The first floor is complete with a convenient laundry room and powder room. The entire first floor(except family room), has newer wood look laminate floors. The 2nd floor features a large master bedroom and 2 additional generously sized bedrooms plus the aforementioned bonus room. The lovely hall bath completes the second floor. This amenities include paddle fans in all bedrooms, fresh paint, newer front door, newer water softner, an unfinished basement with bilco door and the driveway is all brand new with added parking area.

Last Agent to Sell the Property

Patrick Garis

(215) 723-4150 patgarisrealtor@gmail.com RE/MAX Reliance Listed on: 04/15/2021

RE/MAX Reliance

Last Buyer's Agent

Danielle Dunn

daniellecmdunn@gmail.com RE/MAX Legacy

RE/MAX Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,448

Year Built

  • Built in 1978

Lot Details

  • 10,037 Sq Ft Lot
  • Lot Dimensions are 75.00 x 0.00
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Summer or Winter Changeover Switch For Hot Water
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 031
  • Assessor Parcel Number 21-00-06565-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,448

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1978
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Carpet, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room
  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1720
  • Living Area Sq Ft: 1720
  • Price Per Sq Ft: 188.90
  • Above Grade Finished Sq Ft: 1720
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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 - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil, S/W Changeover
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 75.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10037.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 639876
  • School Tax: 4153.00
  • Tax Annual Amount: 5448.00
  • Assessor Parcel Number: 21-00-06565-056
  • Tax Lot: 031
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SOUDERTON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 24, 2021
Sold by
Lauff Andrew K and Lauff Liane M
Bought by
Eastburn Jonathan Darren and Eastburn Helen Renae
Seller's Agent
Patrick Garis
RE/MAX Reliance
Buyer's Agent
Danielle Dunn
RE/MAX Legacy
List Price
$324,900
Sold Price
$350,000
Premium/Discount to List
$25,100
7.73%
Current Estimated Value
$447,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,216
Avg. Annual Appreciation
5.65%
Original Mortgage
$264,000
Outstanding Balance
$239,019
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$208,197

Purchase Details

Closed on
Feb 6, 2009
Sold by
Vuotto Heather
Bought by
Lauff Andrew K and Lauff Liane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5%

Purchase Details

Closed on
Jun 17, 2008
Sold by
Phan Liem
Bought by
Vuotto Heather

Purchase Details

Closed on
Oct 20, 2006
Sold by
Phan Liem and Tran Thuy T
Bought by
Phan Liem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.47%

Purchase Details

Closed on
Dec 16, 2005
Sold by
Frantz James R and Frantz Eileen Y
Bought by
Tran Thuy T and Phan Liem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eastburn Jonathan Darren $350,000 None Available
Lauff Andrew K $235,000 None Available
Vuotto Heather -- None Available
Phan Liem -- None Available
Tran Thuy T $250,000 Vista Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastburn Jonathan Darren $264,000
Previous Owner Lauff Andrew K $188,000
Previous Owner Phan Liem $279,000
Previous Owner Tran Thuy T $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $350,000 +7.7% $203 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $324,900 -- $189 / 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 $6,106 $135,220 $43,170 $92,050
2024 $6,106 $135,220 $43,170 $92,050
2023 $5,742 $135,220 $43,170 $92,050
2022 $5,584 $135,220 $43,170 $92,050
2021 $5,448 $135,220 $43,170 $92,050
2020 $5,365 $135,220 $43,170 $92,050
2019 $5,307 $135,220 $43,170 $92,050
2018 $1,276 $135,220 $43,170 $92,050
2017 $5,157 $135,220 $43,170 $92,050
2016 $5,105 $135,220 $43,170 $92,050
2015 $5,013 $135,220 $43,170 $92,050
2014 $5,013 $135,220 $43,170 $92,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC689444

Bright MLS

APN: 21-00-06565-056