NOT LISTED FOR SALE

516 Penrose Ln Warminster, PA 18974

Estimated Value: $446,324 - $462,000

3 Beds
1.5 Baths
1,246 Sq Ft
$364/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $305,000 $245 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,814/month

13 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Back, Front, and Side Yard
  • Attic
  • 1 Car Attached Garage
  • Patio

About This Home

As of August 2017

A meticulously cared for and loved home on a quiet street in Warminster. This 3 bed, 1.5 bath home really has a lot to offer everywhere you look. Enter through the foyer in the living room which is spacious and offers ample natural light. This room flows into the dining room and kitchen. The kitchen is complete with a breakfast nook and offers all black matching appliances and provides a lot of storage space. Down a few steps into the lower level you find a large family room, access to the garage (which is in excellent shape), a separate laundry room, half bath and access out back to the full screened in patio. Upstairs you have three nicely sized bedrooms, a full bath and an attic with walk up access which has been floored and offers tons of storage space. 516 Penrose Lane has a newer roof (only 6 years old and in great shape), an expanded front driveway, large shed and an abundance of flat land in the back yard ready for your imagination. With so many extras and such a competitive price this property will not last long. Reach out to the listing agent for more information before it's too late!

Last Agent to Sell the Property

SHAWN FORSTNER

(410) 762-8553 stfrealestate@gmail.com Springer Realty Group License #RSR002637 Listed on: 07/19/2017

Springer Realty Group

Last Buyer's Agent

Denise Titus

(267) 994-9133 denisetitusrealtor@gmail.com RE/MAX Properties - Newtown License #RS147725A

RE/MAX Properties - Newtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 1969

Lot Details

  • 9,675 Sq Ft Lot
  • Lot Dimensions are 75x129
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R2

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Split Level Home
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Partial Basement
  • Attic Fan
  • Laundry on lower level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Glen View Park Subdivision

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 49-016-143

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,246

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Attic/House Fan
  • Fireplace: No
  • Entry Location: Center Hall
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Fully Finished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1246
  • Living Area Sq Ft: 1246
  • Net Sq Ft: 1246.00
  • Price Per Sq Ft: 240.69
  • Above Grade Finished Sq Ft: 1246
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Stone
  • Access To Pool: No
  • Exterior Features: Sidewalks, Exterior Lighting
  • 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Zoned, Programmable Thermostat
  • 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

Lot Info

  • Improvement Assessed Value: 18880.00
  • Land Assessed Value: 5120.00
  • Lot Features: Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.22
  • Lot Dimensions: 75X129
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9675.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 197218
  • Tax Annual Amount: 4246.00
  • Assessor Parcel Number: 49-016-143
  • Tax Lot: 143
  • Tax Year: 2017

MLS Schools

  • School District Name: CENTENNIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 31, 2017
Sold by
Cerceo Vincet R and Chonka Janet A
Bought by
Knight David W and Knight Diana
Seller's Agent
SHAWN FORSTNER
Springer Realty Group
Buyer's Agent
Denise Titus
RE/MAX Properties - Newtown
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$453,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,831
Avg. Annual Appreciation
4.95%
Original Mortgage
$259,250
Outstanding Balance
$216,608
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$237,223

Purchase Details

Closed on
Oct 14, 2013
Sold by
Cerceo Robert W
Bought by
Cerceo Robert W and Chonka Janet A

Purchase Details

Closed on
Apr 10, 1969
Bought by
Cerceo Robert W and Cerceo Antoinette A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Knight David W $305,000 Properties Abstract Inc
Cerceo Robert W -- None Available
Cerceo Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight David W $259,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $305,000 +1.7% $245 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $299,900 -- $241 / 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 $5,066 $24,000 $5,120 $18,880
2024 $5,066 $24,000 $5,120 $18,880
2023 $4,910 $24,000 $5,120 $18,880
2022 $4,805 $24,000 $5,120 $18,880
2021 $4,693 $24,000 $5,120 $18,880
2020 $4,627 $24,000 $5,120 $18,880
2019 $4,381 $24,000 $5,120 $18,880
2018 $4,276 $24,000 $5,120 $18,880
2017 $4,151 $24,000 $5,120 $18,880
2016 $4,151 $24,000 $5,120 $18,880
2015 $4,084 $24,000 $5,120 $18,880
2014 $4,084 $24,000 $5,120 $18,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002624721

Bright MLS

APN: 49-016-143