NOT LISTED FOR SALE

505 Penrose Ln Warminster, PA 18974

Estimated Value: $518,000 - $603,000

4 Beds
2.5 Baths
2,192 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $461,000 $210 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,444/month

1 Day on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Central Air
  • No HOA
  • Parking Storage or Cabinetry
  • Family Room

About This Home

As of April 2023

Great opportunity to own a spacious well maintained Colonial on a corner lot with two car garage! Welcome to 505 Penrose Road. This home has a lot to offer. Enter into the front door into the foyer and step down into the large family room. Enjoy cozy gatherings around wood burning fireplace surrounded by stone. There is a powder room and utility room leading to garage. The Main level offers Formal living room with newer carpeting Formal dining room with french doors leading to a large vaulted screened in porch with door leading to deck. This is a great area for warm weather gatherings. The kithchen has lots of cabinets and window above sink overlooking the backyard. The second level features a nice size master suite with walk in closet, sitting area with sink and bathroom with shower stall and toilet. There are three additional nicely sized bedrooms. Hall bathroom with newer shower stall with sliding glass door. Windows are approximately 15 years old. Two car garage with shelving for storage. This property is priced to sell!

Last Agent to Sell the Property

Kathleen LeNoir

(267) 934-0788 Kathleen.lenoir@foxroach.com BHHS Fox & Roach -Yardley/Newtown Listed on: 03/12/2023

BHHS Fox & Roach -Yardley/Newtown

Last Buyer's Agent

Liam Coonahan

(484) 566-5060 listings@thecoonahanteam.com Real of Pennsylvania License #RS362535

Real of Pennsylvania

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,218

Year Built

  • Built in 1969

Lot Details

  • 0.4 Acre Lot
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,192 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Glen View Park Subdivision

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 49-016-171

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,218

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer, dryer, refrigerator in kitchen. white table in garage and desk in utility room
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-12
  • Year Built: 1969
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Family Room
  • Basement: No
  • Total Sq Ft: 2192
  • Living Area Sq Ft: 2192
  • Price Per Sq Ft: 200.68
  • Above Grade Finished Sq Ft: 2192
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Lot Size Acres: 0.40
  • Lot Dimensions: 124.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17360.00
  • Zoning: R2

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 4713.00
  • Tax Annual Amount: 6218.00
  • Assessor Parcel Number: 49-016-171
  • Tax Lot: 171
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: CENTENNIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2023
Closed on
Mar 29, 2023
Sold by
Meloy James Lawrence
Bought by
Ward Joseph and Juhas Julie
Seller's Agent
Kathleen LeNoir
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
Liam Coonahan
Real of Pennsylvania
List Price
$439,900
Sold Price
$461,000
Premium/Discount to List
$21,100
4.8%
Views
141
Current Estimated Value
$552,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,007
Avg. Annual Appreciation
7.06%
Original Mortgage
$447,170
Outstanding Balance
$434,855
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$117,152

Purchase Details

Closed on
Sep 16, 1977
Sold by
Singleton Jr Wm H and Singleton Bernardine
Bought by
Meloy James Lawrence and Meloy Barba
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
Ward Joseph $461,000 National Integrity
Meloy James Lawrence $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Joseph $447,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $461,000 +4.8% $210 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/12/2023 03/12/23 For Sale $439,900 -- $201 / 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 $6,416 $30,400 $7,040 $23,360
2024 $6,416 $30,400 $7,040 $23,360
2023 $6,219 $30,400 $7,040 $23,360
2022 $6,086 $30,400 $7,040 $23,360
2021 $5,944 $30,400 $7,040 $23,360
2020 $5,861 $30,400 $7,040 $23,360
2019 $5,549 $30,400 $7,040 $23,360
2018 $5,417 $30,400 $7,040 $23,360
2017 $5,258 $30,400 $7,040 $23,360
2016 $5,258 $30,400 $7,040 $23,360
2015 $5,123 $30,400 $7,040 $23,360
2014 $5,123 $30,400 $7,040 $23,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2044060

Bright MLS

APN: 49-016-171